US President Donald Trump is planning to make new appointments to two key institutions in the coming days. This includes filling the vacant position at the Federal Reserve and appointing new directors to the Bureau of Labor Statistics (BLS). The openings in question occurred on Friday. The first Fed post was opened by the surprise
Yesterday, the leader of the world’s 109th largest public bitcoin (BTC) treasury company declared his intention to form a political action committee (PAC). David Bailey of Nakamoto, which currently holds just 21 BTC yet plans to buy hundreds of millions more as early as August 11, has already raised about $1 billion “to cook with.”
GAEA and DIN have recently teamed up to innovate in the field of decentralized artificial intelligence infrastructure. The combination of artificial intelligence and decentralized infrastructure has been gaining momentum in recent years and months, with applications in real-world cases. We’re thrilled to announce our new partnership with @din_lol_ 🤝 DIN is the AI Blockchain. Created
No public company in the United States merely holds gold as its corporate purpose, but a firm listing itself around its TON holdings is entirely viable (and in the works). While gold ETFs have existed for years, the Strategy-style (formerly MicroStrategy) treasury play isn’t viable for gold. As token-backed narratives gain traction, a new class
Bitcoin (BTC) suffered a major decline, falling below $112,000 over the weekend with losses of around 4%. While this decline has made investors nervous, a market analyst noted that Bitcoin has not yet reached its peak. The analyst added that Bitcoin will rise to around $140,000 this year, then enter a bear market in 2026.
The U.S. Dollar Index (DXY) is sliding hard, dropping to around 98.50 after a disastrous jobs report and a political shake-up in Washington have traders convinced that Federal Reserve rate cuts are coming soon. The weak dollar has provided a direct boost to Bitcoin, which is now attempting to reclaim the key $115,000 level. The
Coinbase (COIN) has been downgraded to a sell rating by Compass Point, which also cut its year-end price target from $330 to $248, citing weaker-than-expected earnings and fading interest in crypto equities as key risks. COIN is trading modestly higher on Monday at $316 following last week’s earnings-related 18% plunge. “While we remain constructive on
U.S. stocks edged higher on Monday as investors began the week on an upbeat note following last week’s sharp sell-off amid weak jobs data and tariff jitters. Summary Stocks rose on Monday as investors flipped upbeat following the sharp sell-off seen on Aug. 1. Dow added 300 points, while S&P 500 and Nasdaq edged higher.
Bitcoin (BTC) dropped sharply to the $112,000 level over the weekend, triggering more than $1.5 billion in liquidations on Binance, with negative funding rates signaling extreme bearish sentiment. The latest sell-off, fueled by macroeconomic fears and ETF outflows, has left retail traders panic-selling near local lows, a pattern market watchers say often comes before a