The SpaceX IPO and geopolitical optimism boost risk appetite, potentially driving sustained crypto market growth amid cautious sentiment. The post SpaceX IPO debut and geopolitical signals fuel risk appetite across crypto markets appeared first on Crypto Briefing.

Tony D'Amico's long-term role at AS Roma could stabilize the club's strategic direction, impacting player retention and Serie A competitiveness. The post AS Roma appoints Tony D’Amico as sporting director with contract through June 2028 appeared first on Crypto Briefing.

The pre-IPO crypto trading frenzy highlights the growing intersection of traditional finance and digital assets, raising regulatory and market volatility concerns. The post SpaceX’s SPCX pre-IPO perp surpasses $500M in 24-hour volume as crypto markets front-run the biggest IPO ever appeared first on Crypto Briefing.

Rising oil prices and geopolitical tensions could destabilize global markets, impacting energy costs and increasing volatility in crypto assets. The post Trump criticizes Iran, questions pact to reopen Strait of Hormuz appeared first on Crypto Briefing.

The G7 summit could heighten market volatility, impacting sectors reliant on international trade and potentially boosting interest in Bitcoin. The post Trump to address US trade deficit at G-7 summit in France appeared first on Crypto Briefing.

The transfer to Robinhood highlights potential market shifts, suggesting increased trading activity and institutional interest in crypto. The post 787 Bitcoin transferred to Robinhood from unknown wallet in $50.5M move appeared first on Crypto Briefing.

• #bitcoin

HIMVY's clutch performance boosts Paper Rex's momentum, enhancing their strategic position for future international Valorant events. The post HIMVY secures 4K to level match score for Paper Rex appeared first on Crypto Briefing.

Hyperliquid price has climbed above $60 after futures open interest reached $2.56 billion, with growing SpaceX speculation supporting a falling wedge breakout toward the $75 region. According to data from CoinGlass, Hyperliquid (HYPE) price was trading near $60 on June…

AMD's upgraded outlook highlights the transformative potential of AI-driven CPU demand, signaling a major shift in the tech industry landscape. The post Citi upgrades AMD to Buy with $575 price target on surging AI CPU demand appeared first on Crypto Briefing.

The standoff over Iranian assets highlights geopolitical tensions, impacting global financial stability and energy markets amid ongoing sanctions. The post Israel presses US to block unfreezing of Iranian assets in ceasefire talks appeared first on Crypto Briefing.

NAVI's loss highlights the need for strategic depth across all maps to remain competitive in high-stakes esports tournaments. The post NAVI dominates opening map of Inferno at IEM Cologne Major 2026 appeared first on Crypto Briefing.

Referees' increased discretion in hair pulling incidents may lead to more nuanced officiating, impacting game dynamics and player conduct. The post Premier League relaxes red card rules for hair pulling incidents appeared first on Crypto Briefing.

Perhaps the most anticipated IPO in history took place on Thursday, breaking the previous record in terms of sales.

• #bitcoin

Esports' shift from crypto highlights a focus on stability and traditional revenue models, impacting future sponsorship and investment trends. The post NiKo’s viral spray transfer at IEM Cologne Major highlights esports’ growing distance from crypto appeared first on Crypto Briefing.

High ticket prices and empty seats highlight a disconnect between FIFA's pricing strategy and actual fan attendance, impacting tournament atmosphere. The post World Cup match sees empty seats as South Korea beats Czech Republic 2-1 appeared first on Crypto Briefing.

The swift resolution of the ZEC bug highlights the importance of coordinated crisis management in maintaining cryptocurrency trust and stability. The post ZODL’s Josh Swihart praises security response to ZEC bug as a masterclass in crisis management appeared first on Crypto Briefing.

SpaceX's IPO could shift investment dynamics, intertwining traditional markets with crypto, influencing both sectors' volatility and growth. The post SpaceX opens trading on NASDAQ as Elon Musk rings ceremonial bell in largest IPO ever appeared first on Crypto Briefing.

The outcome of this match could significantly impact both teams' chances of advancing, highlighting the importance of strategic adaptability. The post Ghana faces Panama in World Cup 2026 opener with predicted lineups and tactical breakdown appeared first on Crypto Briefing.

The tentative US-Iran deal's uncertainty highlights the fragile nature of diplomatic resolutions and their impact on global markets and security. The post Donald Trump’s deal to end Iran war awaits approval from officials appeared first on Crypto Briefing.

Tim Ream's leadership bridges generations, fostering growth and continuity for the US team, enhancing their strategic depth and unity. The post Tim Ream, 38, mentors young players on US World Cup roster as oldest captain in decades appeared first on Crypto Briefing.

SK Hynix's Nasdaq listing could reshape global semiconductor investment dynamics, intensifying competition and influencing AI tech advancements. The post SK Hynix picks Nasdaq for US listing as AI chip demand sends its market cap past $1 trillion appeared first on Crypto Briefing.

The decline of crypto sponsorships in esports signals a shift back to traditional corporate partnerships, impacting industry funding dynamics. The post G2 Esports takes down FUT Esports at IEM Cologne Major as crypto quietly exits the esports spotlight appeared first on Crypto Briefing.

The match highlights the potential challenges and opportunities of the expanded World Cup format, testing its impact on competitive balance. The post Writers predict Haiti vs Scotland World Cup opener in Boston appeared first on Crypto Briefing.

Vance's denial highlights ongoing geopolitical tensions, impacting global oil markets and investor sentiment amid unresolved nuclear talks. The post JD Vance denies cash payments to Iran amid deal reports appeared first on Crypto Briefing.

Anthropic's expansion into design tools may strain future partnerships, as potential collaborators fear becoming competitors. The post Anthropic faces tensions with Figma as it expands into design tools appeared first on Crypto Briefing.

The absence of crypto sponsorships in major esports events highlights the volatility and instability of crypto investments in the esports industry. The post BetBoom Team faces Team Falcons in round 2 of IEM Cologne Major as crypto remains absent from esports’ biggest stage appeared first on Crypto Briefing.

The partnership could enhance transparency and investor confidence, but Katana's financial sustainability remains a critical concern. The post Katana partners with Token Terminal to enhance data reporting on its Layer 2 network appeared first on Crypto Briefing.

As the SpaceX IPO halts large-cap crypto, Shiba Inu (SHIB) futures volume defies the freeze with a 60% surge to $140 million.

Researchers at the University of Hong Kong have developed a programmable cryogenic neuromorphic platform based on silicon carbide transistors. It mimics the spiking activity of neurons at temperatures as low as 10 mK. The core of the development is the controlled negative differential resistance in SiC MOSFET transistors. This effect occurs when cooled below 2 K, enabling the creation of energy-efficient neuromorphic circuits, including sensory, logical, and integrating neurons. The authors view the platform as a way to reduce heat dissipation and wiring volume in cryogenic qubit control systems. Potential applications include quantum error correction, real-time qubit management, and electronics for deep space.

TLDR: Galaxy Research says only 4 of 13 historical bottom indicators have triggered in the current drawdown. The firm projects a base-case Bitcoin floor of $40K–$46K, with a harsh washout scenario near $30K–$37K. October 2025 marked Bitcoin’s calmest cycle top ever, with MVRV reaching just 2.29 against prior highs of 5.91. The cost basis sits [...] The post Galaxy Research Says Bitcoin Bottom Is Not In, Projects $40K–$46K Base-Case Floor by Late 2026 appeared first on Blockonomi.

• #bitcoin

FIFA's rule change and crypto partnership reflect evolving strategies to enhance player participation and embrace modern sponsorship trends. The post FIFA introduces extra yellow card amnesty for 2026 World Cup, taps Kraken as crypto partner appeared first on Crypto Briefing.

Demichelis' appointment highlights the growing trend of activating release clauses for coaches, signaling a shift in football contract dynamics. The post RB Leipzig appoints Martin Demichelis as head coach, activates release clause appeared first on Crypto Briefing.

The US's performance-based approach to Iran's asset release could reshape global oil markets and impact crypto platforms linked to sanctioned regions. The post Iran’s frozen assets will only flow after verified compliance, US insists in performance-based deal appeared first on Crypto Briefing.

CoreWeave's rapid Nasdaq-100 inclusion highlights the growing influence of AI infrastructure firms, impacting investment strategies and market dynamics. The post CoreWeave joins the Nasdaq-100 Index barely a year after its IPO appeared first on Crypto Briefing.

Pump.fun is moving SOL again. The meme coin launchpad just deposited 67,482 SOL worth approximately $4.51 million into Kraken over the past hour. Thereby,  extending what has become one of the most consistent and closely watched sell-side trends in the Solana ecosystem. The deposit is not an isolated event. On-chain data shows Pump.fun has now offloaded a cumulative 4.53 million SOL worth $784.7 million at an average execution price of $173 per token. That is a sustained, systematic liquidation of treasury holdings that has been playing out over time, and the market has been watching every deposit hit the exchange. The post Pump.fun Deposits Another $4.5M in SOL to Kraken as Cumulative Sales Near $785M appeared first on The Merkle News.

The SpaceX IPO countdown is turning the launch economy into one of the loudest market stories of the moment. Reuters reported that SpaceX is aiming to raise $75 billion at a valuation around $1.75 trillion, with trading expected to begin on Nasdaq after pricing. Another Reuters report, citing Bloomberg News, said the IPO has already [...] The post SpaceX IPO Crypto to Buy Before It’s Too Late? Investors Rush Ahead of the Launch appeared first on Blockonomi.

The SpaceX IPO countdown is pushing the launch economy into the center of market attention. Reuters reported that SpaceX is targeting a record $75 billion IPO raise at around a $1.75 trillion valuation, with shares planned at $135 and a Nasdaq debut under the ticker SPCX. A separate Reuters report said the IPO has drawn [...] The post SpaceX IPO Crypto to Buy Before the Launch? Investors Are Moving Early Into SpaceBeat appeared first on Blockonomi.

Western Digital (WDC) stock surged 6% after revealing plans to exchange 1.04M Sandisk shares with institutional investors. Deal closes June 22, 2026. The post Western Digital (WDC) Stock Jumps 6% on Sandisk Share Exchange Announcement appeared first on Blockonomi.

Ethena Labs has planned a $250 million allocation to Securitize’s tokenized AAA-rated CLO fund as the product expands to Solana. According to a June 12 press release, the Securitize Tokenized AAA CLO Fund (STAC) is now available on Solana, extending…

The rapid sellout of Block's Cash App Wand highlights a shift towards integrating fintech with fashion, potentially boosting user engagement and revenue. The post Block’s Cash App Wand sells out in hours, signaling a new chapter in fintech product innovation appeared first on Crypto Briefing.

SpaceX's IPO sets a new benchmark, potentially reshaping market dynamics and investor strategies with its unprecedented capital influx. The post SpaceX shares begin trading on NASDAQ as Elon Musk rings opening bell appeared first on Crypto Briefing.

Exodus Markets' launch on Solana could accelerate blockchain adoption in finance, showcasing tokenization's potential to transform asset trading. The post Exodus launches Exodus Markets with 200+ tokenized assets on Solana appeared first on Crypto Briefing.

Energy-driven inflation challenges traditional monetary policy, potentially impacting market dynamics and future Federal Reserve actions. The post Peter Navarro cites energy-driven price shock in latest CPI, PPI reports appeared first on Crypto Briefing.

Velvet Capital's liquidity move to Aerodrome highlights a growing trend in DeFi towards centralized liquidity management, balancing efficiency with platform risk. The post Velvet Capital migrates protocol-owned liquidity to Aerodrome on Base appeared first on Crypto Briefing.

SpaceX's IPO highlights the speculative nature of tech investments, emphasizing the risks and rewards of betting on future growth potential. The post SpaceX’s record IPO positions Elon Musk as the world’s first trillionaire appeared first on Crypto Briefing.

Polymarket's surge in World Cup trading highlights the growing intersection of prediction markets and traditional sports betting, raising regulatory stakes. The post Polymarket processes $118M in World Cup markets on opening day appeared first on Crypto Briefing.

Bitcoin Magazine Sam Bankman-Fried Loses Appeal to Overturn FTX Fraud Conviction One of Sam Bankman-Fried's final viable avenues to overturn his conviction closed Friday after a federal appeals court upheld both his fraud conviction and 25-year prison sentence, keeping the disgraced FTX founder behind bars. This post Sam Bankman-Fried Loses Appeal to Overturn FTX Fraud Conviction first appeared on Bitcoin Magazine and is written by Micah Zimmerman.

Jim Cramer warns investors to wait as Fed rate cuts vanish, Apple drops 7%, and SpaceX's $1.7T IPO threatens market stability in June 2026. The post Jim Cramer Turns Bearish: Why the Stock Rally May Be Running Out of Steam appeared first on Blockonomi.

The shift from crypto to traditional sponsorships in esports may signal a stabilization phase, impacting future investment and partnership dynamics. The post Natus Vincere seeks first win over Legacy at IEM Cologne Major as crypto exits esports sponsorship stage appeared first on Crypto Briefing.

Investor sentiment remains cautious as past diplomatic optimism has often faltered, highlighting the volatility in markets and oil prices. The post US stocks mixed as Dow Jones rises 300 points on Iran peace hopes appeared first on Crypto Briefing.

Paper Rex's dominant win highlights the growing gap between esports success and the diminishing influence of crypto sponsorships. The post Paper Rex demolishes LEVIATAN 13-1 on Ascent at VCT Masters London appeared first on Crypto Briefing.

Geopolitical tensions over Iran's nuclear program highlight the vulnerability of highly leveraged markets, impacting global financial stability. The post Israel prepares military options against Iran’s nuclear program as crypto markets feel the shockwaves appeared first on Crypto Briefing.

• #waves

The listing of $CSPX on PancakeSwap highlights the growing trend of tokenized equities, raising questions about regulatory oversight and market liquidity. The post PancakeSwap lists $CSPX, tokenized SpaceX pre-IPO exposure, with more pairs to follow appeared first on Crypto Briefing.

SK Hynix (HXSCL) selects Nasdaq for its U.S. listing debut in August, potentially raising $14B after stock surges 230% on AI chip demand. The post SK Hynix (HXSCL) Chooses Nasdaq Over NYSE for Highly Anticipated U.S. Debut appeared first on Blockonomi.

Alphabet (GOOGL) stock fell 2.51% after Google explained why it rejected Trump's $2B quantum computing funding program, citing pace-limiting conditions. The post Why Alphabet (GOOGL) Rejected Trump’s $2 Billion Quantum Computing Initiative appeared first on Blockonomi.

Momentus (MNTS) shares plummeted 22% Friday after the space company disclosed a $25M registered direct offering of 1.85 million shares to investors. The post Momentus (MNTS) Stock Plunges Over 22% Following $25M Direct Offering Announcement appeared first on Blockonomi.

SpaceX's IPO could redefine wealth benchmarks, influence market dynamics, and spotlight the interplay between tech innovation and financial power. The post SpaceX share sale poised to make Elon Musk world’s first trillionaire appeared first on Crypto Briefing.

SpaceX's IPO success highlights the growing intersection of traditional finance and cryptocurrency, potentially reshaping investment dynamics. The post SpaceX IPO priced at $135, expected to open between $170 and $175 in largest public offering ever appeared first on Crypto Briefing.

Solana’s 77% Crash: Smart Move to Buy or Time to Walk Away? The crypto world is buzzing after . Many investors are asking if it is time to sell everything and forget about this once-hot coin. But the story is […] The post Solana’s 77% Crash: Smart Move to Buy or Time to Walk Away? appeared first on Blockmanity.

Macquarie expects the 2026 World Cup to draw more than $50 billion in global wagers, the biggest betting event ever – a major milestone made even more important by this being the first football event of its kind to play out with regulated U.S. prediction markets and crypto sportsbooks fighting for their share of the […]

The U.S. Court of Appeals for the Second Circuit has rejected Sam Bankman-Fried's attempt to secure a new trial and overturn his conviction in the FTX case. In a 42-page ruling, a panel of three judges deemed the prosecution's evidence compelling. The court also dismissed the defense's argument that the lower court did not allow evidence supporting the claim that FTX had sufficient funds to pay its clients.

Experts from Galaxy Research have concluded that the current market cycle for the leading cryptocurrency has not yet hit its bottom. According to their report, the asset's price could fall to a range of $40,000-$46,000. Source: Galaxy. Analysts noted that the four-year price movement rhythm, tied to halvings, persists. However, the amplitude of fluctuations is decreasing: each new peak is less "euphoric," and the declines are less severe. The peak recorded in October 2025 at $124,824 was described by researchers as the calmest in history. They attribute this to the dominance of institutional capital and the launch of spot Bitcoin ETFs, which have smoothed volatility compared to past retail rallies. Where is the Bottom? To determine the potential minimum, experts used the realized price (the average purchase cost of coins by all holders). Currently, this figure is around $53,000. Source: Galaxy. In previous cycles, Bitcoin's price typically fell below this level by 25-44%. At present, only four out of 13 key bottom indicators have signaled a minimum. Galaxy's scenarios are as follows: Base case: decline to $40,000-$46,000. Pessimistic: in the event of severe panic, the price could drop to $30,000-$37,000. Optimistic: support at the cost level around $51,000-$54,000. Source: Galaxy. Timing and Risks Historically, the bottom forms 12-13 months after reaching an all-time high. This suggests that the window for forming a minimum will open in the fourth quarter of 2026. Researchers warned that calculations are based on the cost of coin purchases. If panic selling begins, this figure will decrease, potentially pushing support levels even lower. Earlier, in May, analysts predicted Bitcoin's exit from the bear phase.

• #bitcoin

Redwire (RDW) stock surged 14.9% Thursday after Jefferies upgraded the space company, boosted by SpaceX IPO buzz and a new greenhouse contract win. The post Redwire (RDW) Stock Climbs Nearly 15% on Jefferies Rating Boost and Space Sector Momentum appeared first on Blockonomi.

Sam Bankman-Fried has lost his appeal to overturn his 2023 fraud conviction and 25-year prison sentence, leaving the former FTX chief with fewer legal options as a separate pardon request remains pending. According to a ruling issued Friday by the…

Declining social activity is occurring despite continued development across the XRP Ledger and broader ecosystem initiatives.

The anticipated Fed rate hikes could prolong elevated borrowing costs, impacting speculative assets and altering investment strategies. The post Goldman Sachs executive says traders expect Fed to raise rates amid inflation surge appeared first on Crypto Briefing.

Rising consumer sentiment and cooling inflation expectations could boost discretionary spending and signal potential monetary easing benefits. The post US consumer sentiment rises in June as gasoline prices fall from May peak appeared first on Crypto Briefing.

The attack on Ras Laffan underscores the vulnerability of global energy supply chains and highlights the geopolitical risks in energy markets. The post Qatar pursued secret talks with Iran to protect world’s largest gas complex appeared first on Crypto Briefing.

Rangers' managerial instability under new ownership could impact team performance and strategic direction, affecting future success. The post Rangers face managerial uncertainty as new chairman Andrew Cavenagh visits training appeared first on Crypto Briefing.

A potential Iran peace deal could shift investment strategies, favoring risk assets over commodities, impacting global markets and crypto dynamics. The post Bank of America identifies assets to buy if Iran peace deal occurs appeared first on Crypto Briefing.

SpaceX's IPO reshapes market dynamics, potentially influencing index fund strategies and challenging tokenized investment vehicles' relevance. The post SpaceX lists on NASDAQ under ticker SPCX in largest IPO ever appeared first on Crypto Briefing.

Uber's strategic acquisition efforts could significantly reshape the global food delivery landscape, intensifying market competition and consolidation. The post Uber seeks takeover of Delivery Hero’s regional businesses as $11.6B deal takes shape appeared first on Crypto Briefing.

The deal's success could reshape global energy markets and crypto dynamics, but hinges on rigorous verification to prevent compliance evasion. The post Iran agrees to performance-based deal trading nuclear dismantlement for sanctions relief appeared first on Crypto Briefing.

Fetch.ai's integration of Google's AI into its network could revolutionize autonomous digital transactions, enhancing decentralized AI ecosystems. The post Fetch.ai builds uAgent integrating with Google’s Gemini Pro model appeared first on Crypto Briefing.

G2 Esports' long-term commitment to Hans Sama signals a shift towards stability in esports, potentially influencing contract norms industry-wide. The post G2 Esports re-signs bot laner Hans Sama through 2028 appeared first on Crypto Briefing.

Crypto sponsorships in esports could redefine revenue models, but sustainability concerns persist amid volatile market conditions. The post Monte secures first win of IEM Cologne Stage 3 as crypto sponsorships reshape esports appeared first on Crypto Briefing.

Military intervention in the Strait of Hormuz could stabilize energy markets but risks escalating conflict, impacting global inflation and liquidity. The post US Energy Secretary Wright warns military action may restore product flow through Strait of Hormuz appeared first on Crypto Briefing.

Aquilani's appointment at Sassuolo could signal a shift towards nurturing managerial talent from within Italy, impacting Serie A's coaching dynamics. The post Alberto Aquilani named head coach of Sassuolo on 2-year deal appeared first on Crypto Briefing.

Anthropic's stance highlights the tension between ethical AI deployment and national security demands, potentially reshaping tech-military collaborations. The post Anthropic CEO Dario Amodei warns of military risks in Claude use appeared first on Crypto Briefing.

Burnley's strategic investment in Luis highlights their commitment to solidifying midfield strength, crucial for Premier League stability. The post Burnley finalizes permanent transfer of midfielder Florentino Luis from Benfica appeared first on Crypto Briefing.

The ECB's rate hikes to combat inflation could slow economic growth, impact corporate profits, and increase market volatility in 2026. The post European Central Bank to raise rates further due to inflation, says Peter Kazimir appeared first on Crypto Briefing.

TLDR: Appeals court upholds Bankman-Fried’s fraud conviction and 25-year prison sentence. Judges called the government’s evidence against him “conservatively stated, robust.” Former deputies’ testimony proved he diverted FTX funds to Alameda Research. Bankman-Fried remains imprisoned near Santa Barbara, eligible for release in 2044. Sam Bankman-Fried has lost his appeal to overturn his fraud conviction and [...] The post SBF Loses Appeal: Court Upholds FTX Fraud Conviction and 25-Year Sentence appeared first on Blockonomi.

The integration could boost Algorand's competitive edge by enhancing transparency and attracting more developers and users through improved analytics. The post Algorand partners with Token Terminal to enhance onchain data reporting appeared first on Crypto Briefing.

Ethereum remains under significant pressure across higher and lower timeframes after losing several major technical levels in quick succession. While the recent rebound from the local bottom around $1.5K has provided some short-term relief, the broader structure still favors sellers unless ETH can reclaim a series of key resistance zones overhead. Moreover, the rising put/call […]

The rebound in consumer sentiment suggests potential stabilization, yet persistent inflation and economic distress continue to challenge recovery. The post University of Michigan June consumer sentiment hits 48.9, beating expectations after record low appeared first on Crypto Briefing.

The expanded World Cup format and tri-nation hosting could redefine global sports logistics and foster deeper international collaboration. The post World Cup 2026 training camps sprawl across US, Canada, and Mexico as 48 teams settle in appeared first on Crypto Briefing.

The sale highlights the enduring allure of unsolved mysteries and raises questions about the ethics of withholding knowledge from the public. The post Crypto buyers acquire solution to CIA’s Kryptos sculpture mystery for $962,500 appeared first on Crypto Briefing.

Lower inflation expectations may prompt the Fed to adjust its monetary policy, potentially impacting interest rates and economic growth. The post Michigan 5-10 year inflation expectations fall to 3.4%, signaling potential Fed policy shift appeared first on Crypto Briefing.

The outage underscores the vulnerability of digital advertising reliance, highlighting potential revenue risks for businesses dependent on Meta's platforms. The post Meta faces global outage as Facebook and Instagram go down for millions appeared first on Crypto Briefing.

The incident heightens geopolitical tensions, impacting global markets and potentially altering India's diplomatic and economic strategies. The post Trump calls Iranian drone attack on Indian ships totally unacceptable as crypto markets react to Strait of Hormuz tensions appeared first on Crypto Briefing.

The shift from crypto mining to AI infrastructure signals a transformative era in tech, with significant investment risks and opportunities. The post Manufacturers strike record $1B deals to boost AI capacity appeared first on Crypto Briefing.

The surge in synthetic trading of SpaceX shares highlights growing investor appetite for pre-IPO speculation, raising regulatory challenges. The post TradeXYZ’s SPCX perpetual contract hits $300M in volume ahead of NASDAQ debut appeared first on Crypto Briefing.

Polish President Karol Nawrocki vetoed a bill to implement MiCA for the third time, just weeks before the end of the EU crypto framework's transitional period.

• #vechain

Why “feudalism”? Technofeudalism is the hypothesis that digital platforms have reshaped the economy so profoundly that it is no longer capitalist. In such a system, power and wealth come not from producing goods but from the rent a handful of corporations charge for access to infrastructure they own. The feudal analogy is straightforward. In the Middle Ages, peasants worked land owned by a lord and surrendered part of the harvest for the right to remain on it. Proponents argue digital platforms are the new land. Merchants, developers and users depend on them much like peasants depended on estates, and hand over a share of their income to the owners. Who coined the term? The name most often associated with technofeudalism is Yanis Varoufakis — the economist, former Greek finance minister and author of the 2023 bestseller “Technofeudalism: What Killed Capitalism.” But viewing digital networks and platforms as a new form of domination emerged at least two decades earlier. In 2002, Alexander Bard and Jan Söderqvist described “netocrats” — a new elite of the digital society controlling information flows — in their book “Netocracy: The New Power Elite and Life After Capitalism.” In 2004, media theorist McKenzie Wark introduced the “vectoralist class” — owners of information transmission channels — in “A Hacker Manifesto.” In 2014, researchers Vasilis Kostakis and Michel Bauwens, in “Network Society and Future Scenarios for a Collaborative Economy,” proposed the concept of “netarchical capitalism” — a regime in which centrally controlled platforms organize user interactions to accumulate capital. They called it a “neo-feudal form of cognitive capitalism”: users create value, while platform owners monetize it. Economist Cédric Durand’s “Technofeudalism: Critique of the Digital Economy” (2020) has strongly influenced the modern understanding of the term. Political theorist Jodi Dean, in “The Grave of Capital: Neofeudalism and the New Class Struggle” (2025), develops the idea that capitalism is gradually giving way to a new system of power and dependency. Technofeudalism, then, is not one person’s theory but a concept shaped by years of debate among philosophers and scholars of the digital society. Varoufakis brought it to a wider audience and drew media attention to it, acting more as a popularizer than a pioneer. What are cloud capital and cloud rent? Cloud capital is a new form of capital embodied in digital platforms, algorithms and datasets. It not only extracts profit from user activity but also shapes preferences by steering attention and behavior through search engines, recommendation systems and other services. Wark would call this control over the “vector,” while Varoufakis describes it as owning the “means of behavior modification.” Varoufakis sees a fundamental difference from traditional capital. Factory machines or farm equipment are used to produce goods. Cloud capital produces nothing directly: it creates and controls the digital environment where people trade, socialize and work, and platform owners derive income from their control over that environment and access to it. This income is called cloud rent. For example, a developer distributes an app via the App Store, and the store’s owner takes a cut of sales and in‑app purchases. In the technofeudalism view, the source of these revenues is not creating the product itself but control over the digital infrastructure through which data and payments flow. Who are vassal capitalists, cloud proletarians and serfs? Varoufakis divides participants in the technofeudal economy into four groups: Owners of cloud capital — the proprietors of digital platforms and algorithmic systems. They control the infrastructure where shopping, search, communication and entertainment happen, and extract rent from it; Vassal capitalists — companies that produce real goods and services but depend on platforms. An e‑bike maker on Alibaba or a seller on Amazon hands part of their profit to the platform owner and ends up subordinate, even if formally still a capitalist; Cloud proletarians — couriers, ride‑hailing drivers, warehouse staff and other workers whose labor is organized by algorithms. They are paid per shift or task but do not own the platform or set work conditions; Cloud serfs — ordinary users. Every post, like, comment or search query becomes data and content that the service monetizes. Unlike employees, cloud serfs typically are not paid for this. “Every time you upload a video to TikTok, Facebook or Instagram, you increase the value of those platforms. We do this with our labor, our activity and simply our presence. So we are not just serfs. We are cloud serfs who create capital. And nothing like this has ever existed in history,” Varoufakis said in a WIRED interview. Is it really not capitalism? Not everyone agrees with Varoufakis’s claim that capitalism has yielded to a new system. Critics acknowledge digital platforms have radically changed the economy, but say that does not necessarily imply a turn to feudalism. One of the most detailed critiques comes from technology scholar Evgeny Morozov. In his essay “Critique of Techno‑Feudal Reason” and a Jacobin interview, he argues that advocates of the concept mistake features of contemporary capitalism for signs of a fundamentally new order. When corporations control platforms, levy fees, manage user data and dictate market rules, it is tempting to conclude: “This is no longer capitalism.” Morozov calls that conclusion premature. Capitalism, he notes, was never reducible to free competition and innovation. Big business has always sought to entrench its power, corner key resources and use its position for extra gains. Platforms like Google, Amazon or Meta do this in new ways, but the underlying logic remains. Tech giants continue to invest: they build data centers, expand digital infrastructure, develop new products, pour billions of dollars into research and hire hundreds of thousands of employees. For Morozov, this matters because these corporations do not merely collect platform rent; they grow and compete with one another. He therefore suggests viewing the platform economy not as a post-capitalist or feudal order, but as a form of contemporary capitalism. In his view, digital platforms have amplified longstanding tendencies of the capitalist system — concentration of power, market monopolization and rent extraction — without creating a fundamentally new way to organize the economy. What does Varoufakis say about Bitcoin? Varoufakis devotes a separate chapter to digital assets — “The False Promises of Cryptocurrencies.” He opens with a historical parallel. In “Utopia,” Thomas More pondered how to free society from feudal vices. Tommaso Campanella’s “The City of the Sun” argued power should belong to artisans rather than parasitic elites. The economist sees crypto‑enthusiasts as heirs to this quest for a fairer social order. “[Their] faith in the power of crypto technologies is as much a reaction to technofeudalism as the original Utopia was a reaction to feudalism,” Varoufakis writes. He says that after the 2008 financial crisis, Bitcoin inspired a wide range of people, but over time the “libertarian faction of the crypto movement” prevailed. “For them, the number‑one enemy was always central banks, which they portrayed as a kind of Catholic Church insisting on mediating between people and their sacred profits, while casting themselves as modern Martin Luthers, proclaiming a Protestant Reformation. Thus, a crypto movement that initially attracted both anarchists and socialists turned into an extremely volatile currency market where anyone savvy enough in the new blockchain technology minted their own ‘coins,’ trying to pump their dollar value before cashing out. Their ideological disdain for fiat, or state‑created, money turned out to be a ruse to issue their own fiat. By the time one bitcoin traded above twenty thousand dollars in 2017, the cryptocurrency’s early emancipatory aura had evaporated,” the book says. In Varoufakis’s view, the chief beneficiaries of the technology became the very institutions it initially opposed. He points to examples such as blockchain platforms from JPMorgan and Microsoft, and solutions from Goldman Sachs, Mastercard and Visa. “Instead of gradually leading us to utopia, cryptocurrency has become another instrument of cloud finance and an engine of cloud‑capital accumulation,” he concludes. Varoufakis calls blockchain a brilliant answer to a question “we have not yet formulated.” But if the question is how to fix capitalism or overthrow technofeudalism, he argues, it is not the tool for that. “This does not mean crypto technologies will never prove useful to progressives. If and when we manage to socialize cloud capital and democratize our economy, blockchain technologies will come in handy,” he allows.

Bitcoin (BTC) mining revenue metrics have shifted significantly, with the Puell Multiple dropping to 0.74 as the asset trades at $62,982. This decline places the network in a historical accumulation zone, prompting analysts to revise their Bitcoin Price Prediction 2026 models as the broader crypto market navigates a $2.24 trillion valuation. Against this backdrop, crypto [...] The post Bitcoin Price Prediction 2026: $GRUNTLE Pays 7,856% APY as BTC Puell Multiple Drops and DOGE Stalls appeared first on Blockonomi.

• #bitcoin

XRP’s price gets made on Korean and Japanese order books. The spot-only rules, the kimchi premium loop, and how to read the signals that actually matter.

MetaX's Hong Kong listing could enhance its global reach, attracting international investors amid growing interest in AI chip stocks. The post MetaX Integrated Circuits Shanghai Co. plans Hong Kong share listing to ride chip stock boom appeared first on Crypto Briefing.

Tuchel's endorsement of Anderson amid transfer bids highlights the growing influence of young talent on club strategies and market dynamics. The post Thomas Tuchel praises Elliot Anderson as Manchester City and Manchester United circle with transfer bids appeared first on Crypto Briefing.

Visa delays for sports officials highlight geopolitical tensions, challenging FIFA's inclusivity goals and complicating international events. The post Palestinian Football Association head stuck in Mexico City awaiting US visa for World Cup appeared first on Crypto Briefing.

Abate's long-term appointment signals Torino's commitment to stability and strategic growth amid evolving football and tech landscapes. The post Torino appoints Ignazio Abate as head coach through 2028 appeared first on Crypto Briefing.