Bitcoin ($BTC) whales may be signaling a possible rebound for the asset, which has been undergoing consolidation in recent sessions while attempting to hold above $70,000. In this line, data from CryptoQuant shows the Exchange Whale Ratio, an on-chain metric tracking the share of large transactions flowing into exchanges, has surged to its highest level
AI agents have now claimed over 9,200 jobs in 2026. Companies like Block explicitly link their layoffs to automation. The workforce is changing faster than most expected. A new report from RationalFX tracked 45,363 tech layoffs worldwide since January. Roughly 20% of those cuts trace directly to AI implementation and organizational restructuring. How to Protect
President Donald Trump unleashed a lengthy tirade against the U.S. Supreme Court on Monday, calling it a “weaponized and unjust Political Organization” after its February ruling struck down his emergency tariffs. The attack came alongside a separate plea for international military support at the Strait of Hormuz, a request that has so far gone unanswered
Institutional investors may be proving more resilient bitcoin holders than critics expected, according to Bitwise CIO Matt Hougan, who says ETF flow data suggests professional investors have largely held onto their positions during the crypto market’s steep decline. “The best evidence we have is in the ETF market,” Hougan said. “Bitcoin ETFs accumulated roughly $60
OpenAI is planning to establish a joint venture with leading private equity firms to accelerate the distribution of its enterprise AI products. According to Reuters, the company is engaging with TPG, Advent International, Bain Capital, and Brookfield to launch the venture, which is expected to be worth about $10 billion, with $4 billion in backing,
Cryptocurrencies started the week on a strong footing with bitcoin $BTC$74,244.92 surging above $74,000 and U.S. equities bounced as oil prices eased. In morning U.S. trade, $BTC hit its strongest price since early February at $74,500, up 3.9% over the past 24 hours. The largest crypto broke out of its six-week range, boosting sentiment across
Bitcoin’s $BTC$74,244.92 recent strength during geopolitical uncertainty reflects a fundamental shift in the asset’s ownership structure, according to Wall Street broker Bernstein. The cryptocurrency climbed roughly 7% last week, with ether (ETH) gaining about 9%, outperforming gold and global equity indices as markets reacted to escalating global conflict. The broker said the performance highlights how
Japanese bitcoin treasury firm Metaplanet (3350) said it raised about 40.8 billion yen ($255 million) from global institutional investors through a placement of new shares, part of a financing structure that could provide up to $531 million in total capital to support its bitcoin accumulation strategy. The Tokyo-listed company priced the new shares at a
Crypto wealth platform Abra said it plans to go public through a merger with special purpose acquisition company New Providence Acquisition Corp. III in a deal that values the firm at $750 million. The combined company will be renamed Abra Financial Inc. and is expected to list on Nasdaq under the ticker ABRX, according to
Crypto investment products continued their momentum last week, signaling resilience to geopolitical stress and strengthening the case for Bitcoin’s role as a safe-haven asset. Crypto exchange-traded products (ETPs) recorded $1.06 billion in inflows last week, led by $793 million into Bitcoin (BTC), CoinShares reported on Monday. The inflows mark three consecutive weeks of positive flows