The world’s largest company by market cap, NVIDIA, has announced the release of the Nemotron 3.5 Lightning, an open-source AI model designed for agentic workflows. This comes as the company’s CEO, Jensen Huang, shows support for open-weight AI models, which he noted are key to America’s AI leadership.
Volatility and Liquidation Trends Bitcoin remained under pressure Tuesday, more than 24 hours after the revelation that Strategy sold 1,690 bitcoins to fund the repurchase of its preferred stock, which sent the cryptocurrency tumbling. While bitcoin initially appeared to have strong support just below $64,000, market data show it lost momentum after breaching that level.
For crypto investors considering a move abroad, the UAE offers more than a favorable tax environment. Its regulated digital-asset infrastructure and growing financial ecosystem can also make it an attractive base for crypto activity. The broader economy also supports this growing ecosystem. In its first quarter of 2026, real GDP reached AED 485 billion, or
Unusual on-chain activity has been unfolding on the Bitcoin network since the beginning of this week, with wallets that had remained dormant for more than 12 years coming back to life for the second consecutive day. The pattern of these movements is identical: coins acquired during the “post-Satoshi” era are being transferred to wallets that
Billionaire venture capitalist Tim Draper has once again delivered an extremely bullish prediction for Bitcoin. He has argued that the cryptocurrency could eventually go “infinite” against the U.S. dollar due to accelerating adoption. Draper made the prediction on X after commenting on the growing adoption of Bitcoin payments. “First they’ll say, ‘We accept Bitcoin.’ Then
Tether is winding down Alloy by Tether, a platform built around dollar-tracking aUSDT debt backed by Tether Gold collateral. Starting Sept. 17, customers who have not returned their aUSDT will no longer be able to recover XAUT through the platform. The remaining exposure is far smaller than the aUSDT contract’s headline supply. Alloy’s official vault
Strategy’s U.S. dollar reserve has reached $4.65 billion, up from $3.75 billion two weeks earlier. It has also sold almost 7,000 $BTC since late June 2026. Many are wondering why a company built around accumulating Bitcoin would choose to hold billions of dollars in fiat. More importantly, should other Bitcoin businesses do the same? Strategy
Rain acquired Ansa, a startup whose software lets merchants run their own branded prepaid wallets, the stablecoin card issuer announced. The purchase adds a product built on fiat. Ansa’s wallets hold dollar balances that customers load in advance and spend at the brand that issued them, and neither company described a stablecoin leg in the
Chicago Federal Reserve Bank President Austan Goolsbee has signaled that bringing inflation down should be the priority, describing it as the biggest challenge the economy faces. This comes amid the debate over a Fed rate hike, with some Fed officials already showing support for an interest rate increase.
Brazil’s biggest bank is taking another step into tokenized assets, adding to a growing list of the country’s financial heavyweights experimenting with putting traditional investments on blockchain rails. Itaú Unibanco has started working with digital-asset infrastructure provider OpenAssets on a tokenization pilot run by Brazilian Financial and Capital Markets Association ANBIMA, the companies said Tuesday.