Key points: Markets increasingly see fewer Fed rate cuts this year, with the first only coming in September. Despite potential labor market weakness to come, crypto and risk assets lack an overall bullish catalyst, analysis says. BTC/USD continues to drop toward new multiday lows. Bitcoin (BTC) sold off at the May 28 Wall Street open … Read more
This content is provided by a sponsor. A single moment can unravel months—or even years—of financial progress. An unexpected car repair. A medical bill. A job loss. Suddenly, the balance tilts. The mounting pressure of missed payments and the dread of persistent phone calls begin to take their toll. In these moments, organisations like Freedom … Read more
The Katana Foundation, a nonprofit focused on decentralized finance (DeFi) development, is launching its private mainnet, aiming to unlock greater crypto asset productivity via deeper liquidity and higher yields for users. The Katana Foundation launched a DeFi-optimized, private blockchain, Katana, on May 28, incubated by GSR Markets and Polygon Labs, with the public mainnet launch … Read more
Opinion by: Scott Buchanan, chief operating officer of Bitcoin Depot A new proposal to install Bitcoin ATMs in federal buildings highlights an important question: Can crypto truly go mainstream without a stronger physical presence? For years, the industry has focused on software and decentralization, but its reluctance to invest in real-world infrastructure is starting to … Read more
In a bold move signaling its long-term strategy, GameStop has established a corporate Bitcoin reserve by purchasing 4,710 BTC worth approximately $512 million. This acquisition follows a strategic $1.5 billion offering of convertible senior notes, emphasizing GameStop’s commitment to digital assets. “GameStop has purchased 4,710 Bitcoin,” announced the company in a tweet, a significant step … Read more
Telegram is teaming up with Elon Musk to unleash Grok AI across its billion-user platform, igniting a transformative wave in global messaging and artificial intelligence access. Elon Musk’s Grok Breaks out: Telegram’s Billion Users Set for Explosive AI Upgrade Telegram CEO Pavel Durov announced Tuesday on social media platform X that his company has entered … Read more
Crypto casinos are known for making the most out of their sponsorship deals, regularly rolling out promotions tied to the teams and ambassadors they partner with. One of the more notable moves earlier this year came from Roobet—an Aussie-themed crypto casino—which announced a partnership with Premier League giants Chelsea back in January. At the time, … Read more
US Dollar (USD) could strengthen further vs Japanese Yen (JPY); deeply overbought conditions suggest that any advance is likely limited to a test of 144.80. In the longer run, week-long USD weakness has stabilised; USD is likely to trade in a 142.70/145.30 range. Week-long USD weakness has stabilised 24-HOUR VIEW: “The following are the excerpts … Read more
Why are seniors being targeted in crypto scams? Scammers prey on seniors because they view them as financially secure, trusting and less familiar with rapidly evolving technology. Let’s understand why seniors are key targets. Perception of wealth: Many older adults have retirement savings or pensions, making them lucrative targets. Lower tech fluency: Navigating crypto wallets, … Read more
In this conversation, Vladyslav Larin, Co-founder and CTO of Fortytwo, traces his journey from childhood fascination with AI to pioneering an AI research lab aimed at achieving AGI through networked intelligence. Starting with sci-fi influences and early academic explorations, Larin shares how his skepticism of centralized AI models led to innovative solutions in distributed computing. … Read more