Category: Business

Crypto stocks plummeted amid a wider market downturn as investors fretted anew about macroeconomic uncertainties, including the latest U.S. jobs data, escalating trade tensions and a government shuttering, now in its record 37th day. Robinhood Market shares fell more than 7% to trade at $131, but were down more than 9% at one point, sinking

YZi Labs (formerly Binance Labs) announced an investment in AI-powered digital heritage project Funes. Funes aims to permanently preserve the cultural and architectural heritage of human civilization in the digital environment by creating the world’s largest open 3D architectural model archive. YZi Labs argued that this investment strengthens the company’s “AI-culture-real-world data infrastructure” strategy. Funes

US employers announced a sharp rise in job cuts in October, adding new pressure on the Federal Reserve ahead of its December policy meeting on rates. It was the highest total for any October since 2003.

The global crypto market feels like it stands at a major turning point. Recent signals out of Washington suggest the rules of the game may change in favour of digital-assets innovation, opening a pathway for dramatic growth in the crypto market. With a sweeping market structure bill in play, momentum is building for a far

Call it some air slipping out what might be an AI bubble, or the Fed engineering a tightening in liquidity into a growing economic slowdown, or some combination of the two, but markets are pulling back again on Thursday. Just before the noon hour on the east coast, the Nasdaq is lower by 2% and

In order to multiply your gains without increasing your skill, high-leverage trading is frequently promoted as a quick route to financial success. However, the charts provided by LookOnChain present a different picture. With profits ranging from tens of millions to over 80 million, seven traders who appeared unstoppable were all destroyed by the same force:

Almost a third of Russian traders are taking advantage of lower cryptocurrency rates right now, convinced that the market will return to growth. The majority of participants in a recent poll believe in a better future for Bitcoin and the likes, while many of them are reporting losses as a result of the latest downturn.

For six consecutive trading days, starting October 28, when Bitwise launched the BSOL US Solana ETF, it pulled in $284 million, while Bitcoin and Ethereum funds bled capital. According to Farside Investors’ data, Bitcoin ETFs lost $1.7 billion over the same stretch. Ethereum products shed $473 million. The divergence wasn’t subtle, and it arrived at