Bitcoin drops below $80,000 as crypto ignores Asian tech rally, Fed meeting begins
Bitcoin fell 0.4% to around $79,700 since midnight UTC while Asian tech stocks rallied. The DeFi index dropped 1.8%, and the Fed is set to begin a twoday…
Big Tech’s earnings are on deck. There’s more for investors to watch than AI spending.
As Microsoft, Alphabet and Amazon prepare to report quarterly results, workforce cuts are raising questions about how AI will reshape jobs at the toptier tech…
A leading Silicon Valley cheerleader just showed all the reasons to be worried about the AI bubble
If you needed any further reasons to be worried about the bubble that has inflated the stock market, look no further. Source:MarketWatch
AI stocks haven’t played by the normal valuation rules. Now that rates are higher, they may have to, says UBS
Historically, the surges in investment and in the profitability it produced have proven unsustainable for U.S. tech companies, says Michel Lerner.…
Crypto wallet maker Keystone to destroy almost 19,000 devices after security breach
The breach exposed 25,964 buyer records, some kept past Keystone’s 180day deletion policy after an automated tool failed without the firm noticing.…
SoFi’s stock climbs as lending surge drives an earnings beat and rosy outlook
SoFi’s early 2027 forecast is impressing Wall Street. Source:MarketWatch
Investor who called for AI pivot in 2023 says bitcoin is going to $57,000
Jason Calacanis wants investors to sell bitcoin and back artificial intelligence. He is also holding TAO, the cryptocurrency behind AI network Bittensor.…
My abusive ex-husband promised $20,000 for our kids’ education. Now he refuses to pay. Is he legally obligated?
“Before our divorce, my former motherinlaw entrusted him with $20,000 for each of our daughters to invest on their behalf.” Source:MarketWatch
Customers are chasing higher-rate products. That’s bad news for banks like HSBC.
Shares of banking giant HSBC Holdings fell as much as 7% on Tuesday as the lender revealed that customers are increasingly turning to higherrate products.…
Zcash co-founder calls to stop funding ‘over $125M’ grants program
Sean Bowe says ZCG has enough money to keep funding projects and wants its share of new ZEC redirected to a reserve for the network. Source:Cointelegraph
Now is the time to accumulate bitcoin, Galaxy says
Galaxy argues improving price trends, resilient ETF demand and rising U.S. debt support bitcoin’s recovery towards its previous high. Source:CoinDesk
Bloom bot hackers loot $953K faster than you can microwave popcorn
Bloom pledged to reimburse nine traders after $953,000 was drained from 48 wallets, saying no private keys were accessed or compromised. Source:Cointelegraph