The Dow tanked nearly 900 points on Friday as markets completely flipped after former President Donald Trump threatened fresh tariffs on Chinese goods, accusing China of acting “very hostile” by tightening exports of rare earth metals. The selloff accelerated into the close. The S&P 500 shed over $1.5 trillion in value. Traders bailed. Portfolios bled.
Pilot AI, a popular AI-led control layer dealing with on-chain transfers, has collaborated with Allora Network, a decentralized AI (DeAI) ecosystem. The collaboration includes the integration of predictive models of Allora Network for Bitcoin and Solana into Pilot AI. As the platform revealed in its X announcement, the development focuses on offering AI-led forecasts for
Bitcoin is up, Ethereum is down, “A new memecoin just got listed on Binance.” “Buy the dip!” That’s usually what comes to mind when people hear about Blockchain Technology. While cryptocurrencies like Bitcoin and Ethereum put it in the spotlight, that’s only one side of the story. Over the years, the technology has evolved from
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Band Protocol’s real-world asset feeds are now live on the Stellar mainnet, and for anyone watching the tokenized-finance space, it’s a practical step forward. The new Band RWA Feeds supply verifiable pricing for Centrifuge’s deRWA products, namely deJTRSY (tokenized U.S. Treasuries) and deJAAA (tokenized CLOs), so those assets can be priced and settled onchain with
Digital asset investment firm Galaxy Digital (GLXY) said on Friday it agreed to a $460 million private investment from one of the world’s largest asset managers, a deal that would add cash for its growing data center business and general corporate needs. The investment, from the undisclosed firm, is split between 9,027,778 new Class A
Public keys is a weekly roundup from Decrypt that tracks the key publicly traded crypto companies. This week BlackRock mints a new most-profitable ETF, S&P Global gets in the mix, and Coinbase stakes its claim on New York. Bitcoin Rules at BlackRock BlackRock’s iShares Bitcoin Trust has become the $12 trillion asset manager’s most profitable
Stability World AI has declared a strategic partnership with one of the Layer-1 blockchains (notably, in Asia), the Conflux Network. This partnership will assist in accelerating the development of decentralized applications and tools based on AI and exploit the already prepared but regulatory-compliant and scalable infrastructure by Conflux. 🌐 PARTNERSHIP ANNOUNCEMENT We’re thrilled to announce
Binance founder and former CEO Changpeng Zhao (CZ) made important assessments about the future of the cryptocurrency industry in the Threadguy podcast broadcast he attended today. CZ said during a livestream, “The cryptocurrency industry won’t always be a smooth ride. Even strong founders, strong projects, and strong communities will face challenges from time to time.
Following China’s announcement that it would impose sweeping export controls starting November 1, 2025, US President Donald Trump announced that Washington would take countermeasures on the same date. Trump, in a statement on Truth Social, stated that China plans to impose export restrictions on “almost every product it manufactures and even some that it doesn’t,”