News
Editorial-quality coverage of global financial markets, policy, and macro trends.
- Crypto
Bitcoin Fails to Hold Above $70,000
Bitcoin's recent rally above $70,000 has faltered, with experts warning of potential deeper declines amid macroeconomic pressures.
Sarah Chen3 min - News
Core Scientific Secures $500 Million from Morgan Stanley for AI Transition
Core Scientific has secured a $500 million loan from Morgan Stanley to build AI data centers, with plans to expand its infrastructure and services in the AI sector.
Elena Volkov2 min - Crypto
CryptoQuant: Bitcoin's Rise is a Temporary Bounce
CryptoQuant analysts warn that Bitcoin's recent rise above $73,000 is a temporary bounce, not the start of a new bull market.
James Park2 min - News
Nvidia CEO Hints at Halting Investments in OpenAI and Anthropic
Nvidia's CEO Jensen Huang indicated that the company's recent $30 billion investment in OpenAI might be its last before the startup goes public, citing concerns over a potential $100 billion deal.
Marcus Reid2 min - Crypto
Bitcoin Tests $74,000 Level
Bitcoin briefly surpassed $74,000, marking a significant recovery, while Ethereum and other cryptocurrencies also saw gains amid institutional demand.
Daniel Kim3 min - News
U.S. Authorities Arrest Suspect in $46 Million Government Wallet Theft
The FBI has arrested John Daghita for allegedly stealing $46 million in cryptocurrency from the U.S. Marshals Service, following an investigation by ZachXBT.
Marcus Reid1 min - Crypto
Bitwise Predicts Rapid Shift of Wall Street to DeFi
Bitwise's Matt Hougan predicts a swift transition of Wall Street to DeFi following U.S. military actions in Iran, highlighting the growing importance of cryptocurrencies.
Marcus Reid3 min - Crypto
Morgan Stanley Files for Bitcoin ETF Launch
Morgan Stanley has filed with the SEC to launch a spot Bitcoin ETF, planning to use Coinbase and BNY Mellon for custodial services.
Aisha Patel1 min - News
Don't Look at Me
The rise of AI surveillance systems in cities raises concerns about privacy and misuse, as seen in the case of Krisanna Elzer and the Flock Safety company.
James Park8 min - Crypto
AI Models Favor Bitcoin Over Stablecoins and Fiat
AI systems show a strong preference for Bitcoin over stablecoins and fiat currencies, according to a recent report from the Bitcoin Policy Institute.
Aisha Patel2 min - News
X Introduces Penalties for Posting AI-Generated War Videos Without Labels
X has announced penalties for users posting AI-generated war videos without labels, emphasizing the need for authentic information during conflicts.
Marcus Reid2 min - Crypto
Bitcoin Surpasses $71,000 Amid Losses for Spot ETF Investors
Bitcoin has surpassed $71,000, driven by strong demand for spot ETFs, despite ongoing losses for investors in these funds.
James Park3 min