📰 Crypto News & Updates
Big Tech profits rise $160B from gains on AI company stakes
The surge in Big Tech's paper profits from AI investments highlights the volatility and speculative nature of tech-driv…
Explosion reported near Iran’s Larak Island, cause unknown
The explosion near Larak Island heightens regional instability, potentially complicating Iran's nuclear negotiations an…
Donald Trump faces sanctions conundrum over Iran amid China risks
Trump's Iran sanctions face limited impact without confronting China's oil purchases, risking diplomatic tensions and q…
Bond investors express skepticism over potential Fed rate hikes under…
Warsh's approach may lead to increased market volatility and uncertainty, impacting long-term investment strategies and…
Economists expect August job rebound to let the Fed zero in on inflat…
A job rebound could shift the Fed's focus solely to inflation, potentially leading to tighter monetary policy and impac…
Bennett dismisses Palestinian state as feasible option amid Gaza tens…
Bennett's stance may shift international dynamics, affecting global recognition of Palestine and altering Israeli polit…
Cronos network halts after $75M Tectonic exploit drains lending proto…
The Cronos network halt highlights vulnerabilities in DeFi protocols, emphasizing the need for robust security measures…
Barclays report: cloud providers take $35-$40 per $100 in AI model re…
Cloud providers' significant profit margins from AI inference highlight their pivotal role in AI economics, but relianc…
Trump announces biggest oil deal in world history with Venezuela
The deal could reshape global oil dynamics, bolster US energy security, and significantly impact Venezuela's economic a…
US treasury relies on stablecoins to fund short-term debt, but they c…
GENIUS reserves stop at 93 days while Treasury expands liquidity buybacks across 10- to 30-year debt. The post US treas…
Polymarket faces scrutiny as prediction markets ink massive deals wit…
The rapid expansion of prediction markets in sports faces significant legal challenges, potentially reshaping regulator…
Federal Reserve sees economy near full employment as jobless rate dip…
A shrinking labor force may limit economic growth and complicate inflation management, despite low unemployment figures…