Tether Gold recognized as Accepted Spot Commodity in Abu Dhabi financial center
The recognition allows regulated firms in Abu Dhabi Global Market to offer services involving Tether Gold as tokenized commodities gain broader adoption.…
Bitcoin defies recent tech stocks sell-off. Are bulls eyeing a $70K rally?
Despite muted derivatives sentiment, Bitcoin’s decoupling and Strategy’s cash raise set the stage for a potential rally to $70,000. Source:Cointelegraph
Wall Street’s AI divide: Inside the bull and bear cases for what comes next for the stock market
Three years into the AI trade, Wall Street is no closer to agreeing about whether it’s a bubble, how much longer it can keep going or what might ultimately end…
SEC sues Mining Automatic and founder over alleged $22M crypto mining scheme
The SEC alleges Mining Automatic and its founder raised $22 million from investors by promising guaranteed crypto mining returns while spending only a fraction…
Exodus to cut 25% of staff in company reorganization
The wallet company said it expected the layoffs to generate between $10 million and $13 million in savings as part of its strategy to build a fullstack card…
It’s getting easier for terminally ill people to end their own lives. What to know as laws change.
Patients must meet three conditions to qualify for Medical Aid in Dying. Source:MarketWatch
Hut 8, IREN deals lift AI-focused Bitcoin mining stocks
Bitcoin miners rallied as investors cheered multibilliondollar AI infrastructure contracts, underscoring the sector’s accelerating shift toward data centers…
As Micron’s stock rebounds, Morgan Stanley says investors shouldn’t get spooked by the past
Memory chips remain a bottleneck to AI development and demand looks durable, Morgan Stanley analyst says. Source:MarketWatch
Bernstein raises Robinhood price target, cites tokenization and prediction markets
The brokerage’s blockchain strategy, including tokenized equities and its Arbitrumbased Robinhood Chain, could reduce its reliance on traditional crypto…
‘I never want to manage people again.’ I’m 33. Should I leave my corporate leadership role to become an assistant?
“I just don’t care about the corporate ladder.” Source:MarketWatch
Iren’s stock surges as the neocloud lands $2.8 billion worth of new deals
The AI infrastructure provider is easing anxiety over high datacenter buildout costs as it secures new customers and prepayments for chips. Source:MarketWatch
IREN jumps 16% after raising AI cloud revenue target above $4B
The Bitcoin miner raised its yearend AI cloud revenue target to more than $4 billion after signing $2.8 billion in new contracts with AI developers.…