Bitcoin hashrate hits seven-month high as AI shift fails to ease mining competition
According to BlocksBridge, Bitcoin’s mining difficulty is rising despite the industry’s AI transition, with smaller operators potentially absorbing equipment…
Young Americans are giving up their cars. It’s a path to financial freedom, for some.
With vehicle prices soaring and ownership increasingly out of reach, some young adults are discovering that life without a car leaves them with breathing room…
Zuckerberg’s California tax move is a win for Meta — and for him
He has bought some good PR and gets to live and work where he wants. Source:MarketWatch
Irish cenbank fines Coinbase arm $3.6M for oversight, safeguard failures
According to the Central Bank of Ireland, Coinbase Ireland had agreed with the facts around the enforcement action and will be subject to fines and sanctions…
‘AI is on trial’: Bond yields sink below 5% as investors look for safety
Investors are flooding back into Treasurys for safety to hedge the risks of more AI fallout in stock and credit markets. Source:MarketWatch
Bitcoin circles $81.5K ETF cost basis as Trump Iran comments send stocks lower
Bitcoin extended daily losses to 3% as US stocks came under pressure from President Donald Trump’s comments on Iran military action. Source:Cointelegraph
Irish central bank fines Coinbase Ireland $3.6 million over fund safeguarding failures
When Silvergate was on the verge of collapse in 2023, Coinbase instructed 30 customers to deposit funds into an alternate account held by Coinbase at another…
Two big reasons Micron and other chip stocks are falling on Thursday
Investors are spooked by Tesla’s cut to its nearterm spending target and Lam Research’s weakerthanexpected forecast, Source:MarketWatch
Investors’ recent money moves show a preference for lowering risks over boosting rewards
Investors have been steadily pouring money into the Invesco S&P 500 Quality ETF this year. Source:MarketWatch
Crypto for Advisors: Stablecoins are ready for prime time
Source:CoinDesk
Fireblocks disputes report of $2.5B Visa acquisition talks
Fireblocks told Cointelegraph that reports of a potential $2.5 billion acquisition by Visa are “not true at present time,” while Visa declined to comment on…
Crypto custody specialist Fireblocks denies it's in talks to be acquired by Visa
The company is in talks with Visa over a potential $2.5 billion acquisition, Axios reported. Source:CoinDesk