This is a segment from The Breakdown newsletter. To read more editions, subscribe. “I wish upon you ample doses of pain and suffering.” — Jensen Huang, on building resiliency The history of the world’s most valuable company is a study in how improbable its survival was, let alone its success. In The Nvidia Way, Tae
Good Morning, Asia. Here’s what’s making news in the markets: Welcome to Asia Morning Briefing, a daily summary of top stories during U.S. hours and an overview of market moves and analysis. For a detailed overview of U.S. markets, see CoinDesk’s Crypto Daybook Americas. Nvidia’s ascent to a historic $4 trillion market cap, the first-ever
Bullish, the institutionally-focused digital asset exchange with over $1.4 trillion in cumulative trading volume, has announced a migration of its core infrastructure to Solana, the high-performance blockchain network known for its low-latency transaction processing and stablecoin ecosystem. The exchange will begin powering custody, trading, settlement, and payment operations using Solana-native stablecoins, marking one of the
US President Donald Trump has announced a 50% tariff on Brazilian imports, escalating tensions after a week of diplomatic strain. The new tariff will take effect on August 1. The announcement came through Trump’s social media channels in a formal letter addressed to Brazilian President Luiz Inácio Lula da Silva. In the letter, Trump cited
Bitcoin price has hit a new all-time high (ATH) of $112,000 for the first time since May 22. This ATH follows a surge above the $111,000 mark earlier in the week. The recent rise in Bitcoin’s price comes amid rising global economic uncertainty, especially following new trade tariffs imposed by U.S. President Donald Trump.
Bitcoin exploded to a record high of $112,052 late Wednesday afternoon, pushed up by a red-hot rally in tech stocks led by Nvidia, whose surge helped carry the rest of the market straight into the close. The rally broke past the previous all-time high of $111,999, set back in May. At the closing bell, Bitcoin
Publicly traded social media marketing tech company Thumzup is exploring expanding its corporate treasury holdings beyond Bitcoin, considering whether to add other leading cryptocurrencies like Dogecoin (DOGE), Solana (SOL), the Ripple-linked XRP, and Ethereum (ETH). The Los Angeles-based firm received approval from its board on Wednesday to begin evaluating the potential upside of adding at
El Salvador President Nayib Bukele was defending his country’s crypto-friendly policies and taunting foreign leaders again on X this week, with U.S. Democratic senators being his latest target. In a pithy X post on Tuesday, Bukele mocked a bill submitted by Senators Tim Kaine (Virginia), Chris Van Hollen (Maryland), and Alex Padilla (California) in June