Ride-hailing giant Uber is promoting its data labeling services to potential clients following Meta’s 49% acquisition of Scale AI — a move that reportedly unsettled some companies previously partnered with Scale, including OpenAI and Google. In an interview with Fortune, Uber executive Megha Yethadka said the company is expanding its AI business by offering large-scale … Read more
FED official Mary Daly said in her statements that the US economy is currently in “good shape” and monetary policy is “balanced”. Daly said that the impact of the customs duties on inflation, which have recently been on the agenda, does not seem to be as serious as first announced, and that the continuous decline … Read more
According to the latest data from Coinglass, traders are heavily favoring long positions for Solana, indicating growing optimism in the market. The long/short ratio for SOL/USDT on Binance is 3.07, meaning that for every trader betting on a decline, there are more than three traders betting on a price increase. The ratio is even higher … Read more
Visa’s expansion of stablecoin settlement signals a massive leap toward frictionless, always-on cross-border payments, slashing costs and unlocking global liquidity. Industry-Wide Stablecoin Adoption Looms for Financial Sector in 2025 Visa (NYSE: V) delivered a strong message on June 18 about the future of financial transactions, emphasizing the growing necessity for stablecoin integration across the global … Read more
Despite a volatile month, Bonk is showing signs of renewed strength as it begins to regain investor attention. With a market cap currently sitting at $1.09 billion, the meme coin gained 4% in the last 24 hours, rising from $0.00001399 to $0.00001456 before retracing to its current trading level of $0.00001365. While it remains down … Read more
According to recent data from Farside Investors, the US Ethereum spot ETF experienced a notable net outflow of $11.3 million on June 20th. Additionally, the ETHA fund recorded a significant withdrawal, with net outflows totaling $19.7 million. These movements indicate a cautious stance among institutional investors towards Ethereum-based exchange-traded products. Market participants should monitor these … Read more
Blockchain company Ripple has issued an additional 14 million tokens on the Ethereum blockchain, according to a Friday update. This is the largest number of tokens minted in a single day since Apr. 25, according to Ripple Stablecoin Tracker. Ripple has so far minted a total of 42 million RLUSD in June. Notably, all of … Read more
Opinion by: Margaret Rosenfeld, chief legal officer of Everstake At the dawn of the internet in the late 1990s, technology outpaced regulation — and lawyers, engineers and policymakers had to learn together in real-time. Some regulators saw the internet as a threat, others as a challenge. The ones who made the most significant difference, however, … Read more
Semler Scientific ignites a bold bitcoin accumulation plan targeting 105,000 BTC by 2027, signaling unstoppable conviction in bitcoin’s global monetary revolution. Bitcoin Dominance Play: Semler Scientific Unleashes 105K BTC Target With Aggressive Financing Healthcare technology firm Semler Scientific (Nasdaq: SMLR) announced on June 19 its ambitious objectives to dramatically expand its bitcoin treasury holdings and … Read more
US House of Representatives Member Brad Sherman, known as the enemy of Bitcoin and cryptocurrencies, shook the market with his new claim. Accordingly, Brad Sherman claimed that TikTok had made or would make a $300 million purchase from US President Donald Trump’s memecoin TRUMP. At this point, Sherman accused TikTok’s owners of bribing President Trump … Read more