Producer inflation in the US continued to softer in April. US Dollar Index stays in negative territory below 101.00. The Producer Price Index (PPI) for final demand in the US rose 2.4% on a yearly basis in April, the data published by the US Bureau of Labor Statistics showed on Thursday. This reading followed the … Read more
Veteran investor Jim Chanos has revealed that he is offloading Strategy’s stock while simultaneously buying bitcoin ( BTC). Selling Strategy Stock to Buy Bitcoin Veteran investor Jim Chanos has revealed that he is simultaneously betting on bitcoin ( BTC) against the stock of Strategy. The former hedge fund magnate said he has taken this approach … Read more
This content is provided by a sponsor. PRESS RELEASE. May 15, 2025 — XSY.fi, a capital management platform streamlining access to advanced DeFi strategies, today announced the beta release of its flagship product, Unity ($UTY), on the Avalanche blockchain and the close of a $5 million Pre-Series A funding round. The round was led by … Read more
Opinion by: Jennifer Dodgson, co-founder of KIP Protocol and Eigenform AI The puppet show is ending. The Brookings Institution found that generative artificial intelligence may disrupt at least 50% of tasks performed by more than 30% of all workers. The same study also estimates that genAI may affect at least 10% of tasks performed by … Read more
Fintech Global digital asset trading firm Wintermute has officially launched its U.S. headquarters in New York City, signaling a major step in the company’s American expansion and reinforcing its presence in the world’s largest financial market. The move positions Wintermute to deepen relationships with U.S.-based counterparties, regulators, and institutional partners, as the regulatory landscape for … Read more
Understanding the 10-year Treasury yield: Definition and importance The 10-year Treasury yield is the interest rate that the US government pays to borrow money for 10 years. When the government needs cash, it issues bonds called Treasury notes, and the 10-year note is one of the most watched. The “yield” is the annual return you’d … Read more
Apple CEO, Tim Cook, unveils the latest generation of iPhones. Getty Images Apple is boldly embracing brain-computer interface (BCI) technology to enable users to control its devices using only their thoughts—a novel frontier for the company. Earlier this week, it was announced that the tech giant is working with Synchron, a company that has been … Read more
For Ethereum, something doesn’t add up: the news coming from the ETFs on ETH spot isn’t particularly good, despite the strong price recovery. The fact is that the news coming from Bitcoin ETFs is positive, and this further complicates the analysis on the price of Ethereum. The trend of the price of ETH (Ethereum) between … Read more
Coinbase suffered a data breach after bribed overseas support agents enabled access to sensitive user data. A $20 million reward fund has been set up to aid the investigation. Hackers Bribe Support Staff to Steal Coinbase User Data in Stealth Attack Crypto exchange Coinbase (Nasdaq: COIN) disclosed on May 15 that a group of bribed … Read more
Wintermute, a London-based algorithmic crypto trading and market-making firm, has opened an office in New York as part of its expansion into the US. Wintermute announced the opening of its New York office on May 15, citing improved regulatory conditions in the world’s largest economy. “As the US takes a friendlier stance on digital assets … Read more