AI chipmaker Cerebras down 11% after first public earnings report
While revenue was up 92% from year-ago levels, the company forecasted a lower core gross margin next quarter.
Meta is developing a prediction market app called ‘Arena’ as sector booms: NYT
The app would let users forecast future events using a points-based system rather than cash wagers, the report said, citing people familiar with the matter.
BlackRock says AI is taking ‘oxygen away’ from Bitcoin
Robbie Mitchnick, the head of digital assets at BlackRock Inc. (NYSE: BLK), has warned that the Artificial Intelligence (AI) boom … Continue reading
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BNY sees ‘FOMO’ driving asset managers into tokenized funds
Fund issuers are exploring blockchain-based ETFs amid fears of missing an early foothold in tokenized finance.
Avoid The highest 10 Mistakes Made By Beginning “crypto Trading Taxes”
Apply indicators, draw levels, or scroll back in time. Close trades manually in the trade terminal or let your SL/TP manage exits. Execute the Order: Click “Buy” or “Sell,” then click “Confirm Buy” or “Confirm Sell” below in the order execution panel. The trade is instantly processed, and your open position appears in the trade terminal below. Monitor or Close […]
A Beginner’s Guide to taking Crypto Profits and Reinvesting
Donating crypto is a great way to support a charity, church, food bank or cause that you believe in. When you donate crypto to nonprofits, you will receive a tax deduction for the value of the crypto instead of paying capital gains tax. Organizations like The Giving Block specialize in facilitating crypto donations to nonprofit organizations. Donating crypto is a […]
Chainlink teams up with 47 South Korean, European banks to speed up international money transfers
The alliance, called Project Pangea, plans to use stablecoins to settle multimillion-dollar currency trades between Europe and South Korea in near real time.
Vitalik Buterin says Ethereum Foundation will cut budget 40% in major reset
The reduction comes on the same day the EF confirmed a 20% reduction in headcount and follows the resignation of co-Executive Director Hsiao-Wei Wang. Her departure brings the total number of senior Ethereum Foundation figures to leave since January to nine, underscoring the scale of the organization’s ongoing turmoil.
Wall Street analyst updates Microsoft stock price target
A Wall Street analyst has reaffirmed a cautious stance on Microsoft (NASDAQ: MSFT), maintaining a $415 price target despite the … Continue reading
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Bitcoin’s recent drop below $60,000 signals Fed, ETF and AI pressures: Deutsche Bank
Bitcoin’s slump to its lowest level since late 2024 reflects a hawkish Federal Reserve, exchange-traded fund outflows and a shift of capital into AI, the bank said.