While some proponents believe AI will bring about an employment boom, so far its effect has been to dampen entry-level hiring while delivering mixed results on productivity.
Paying Iran in crypto could put shippers at…
Crypto’s transparent ledger makes sanctions evasion easier to trace, allowing authorities to track and potentially freeze illicit flows.
Trump-linked WLFI hits new low as token-backed loan…
WLFI fell to a record low after it was revealed that the project used billions of its own tokens as collateral to borrow $75 million in stablecoins.
Federal court blocks Arizona crackdown on Kalshi’s event…
A federal judge in Arizona has temporarily barred state officials from enforcing gambling laws against Kalshi, siding with the CFTC.
Bitcoin hits $73K as cool US CPI data…
Bitcoin saw a fresh attempt to hit new local highs on the back of lower-than-expected US CPI data, despite a giant gas-price increase.
White House warns staff as Iran bets add…
Reuters reported that White House staff were warned against using confidential information after suspicious Iran-linked oil futures bets and fresh scrutiny of prediction markets.
Bank of France calls for tougher MiCA limits…
A Bank of France official called for tighter MiCA rules on non-euro stablecoins as lawmakers advance reporting requirements for self-custodial crypto wallets above 5,000 euros.
Bitcoin analysis sees $55K BTC price ‘iron bottom’…
New BTC price analysis predicted that the bear market would bottom out later in the year, before beginning a "two-year accumulation phase."
Bitcoin price surfs US PCE inflation as trader…
Bitcoin avoids major volatility after the first of the week's two key US inflation reports, while a trader sees a "new upwards leg" coming for BTC price action.
Trader loses $3M as leveraged Fartcoin position unwinds…
Hyperliquid data showed a 145 million Fartcoin position unwound across wallets, with the platform redistributing about $849,000 in gains to opposing traders.
