A preferred stock that was supposed to behave like a steady, high-yield bond fell to 82 cents on the dollar in a single session. The issuer says it was a leverage flush, not a credit problem. Either way, the new world of Bitcoin-backed “digital credit” just met its first stress test. Summary STRC and SATA…
Claude Guillemot, co-founder of French video game company Ubisoft, died Friday at the age of 69. According to French media (via Bloomberg), Guillemot died in a plane crash in the French resort town of La Baule. He was one of two people aboard the plane, both of whom died. Guillemot founded Ubisoft with his four…
After Bitcoin’s decisive breakdown from a multi-month rising channel, the largest crypto is still under immense pressure. While buyers managed to defend the $60K support region and trigger a short-term rebound, the broader structure still favors the sellers unless BTC can reclaim several important resistance levels overhead. Bitcoin Price Analysis: The Daily Chart On the…
The G7’s critical minerals push is putting AI hardware, chip supply chains, data centers, and APAC manufacturing under sharper scrutiny as governments look for ways to finance alternatives to China-linked supply chains. The post G7 Critical Minerals Push Targets AI and Chip Supply Chain Risk appeared first on TechRepublic. Source link
Key Takeaways Elon Musk proposed direct Treasury payments instead of AI equity stakes on June 20, 2026. VT Senator Bernie Sanders’ bill seeks a 50% stock tax on major AI firms to fund a sovereign wealth fund. SpaceX’s IPO pushed Musk’s net worth past $1 trillion days before his statement. Musk Tells Treasury to Send…
Ethereum traded near $1,731 at press time, leaving the asset close to the same area it occupied in March 2021. Summary Ethereum traded near $1,731 on crypto.news, with buyers still waiting for stronger daily confirmation. Ali Martinez sees $1,060 as a value zone before larger rebound targets emerge for ETH. Binance exchange outflows suggest some…
TL;DR: Live stream Belgium vs. Iran in the 2026 FIFA World Cup for free on ITVX. Access this free streaming platform from anywhere in the world with ExpressVPN, an Official Supporter of the FIFA World Cup 2026. The 2026 FIFA World Cup continues this weekend with more vital group-stage games, including Belgium vs. Iran. Neither…
The current dynamic reflects protocol-driven activity, with high volume but low per-transaction value. Despite the bears still being in control, the Bitcoin network is seeing a surge in transaction activity. Given the nature of this network activity, market participants may wonder whether the development is a bullish signal or a cause for concern. According…
ChatGPT, Google Gemini, and other tools like them are making artificial intelligence available to the masses. We can now get all sorts of responses back on almost any topic imaginable. These chatbots can compose sonnets, write code, get philosophical, and automate tasks. However, while you can just type anything you like into ChatGPT and get…
Key Takeaways National Business Pension Fund targets 1% crypto allocation worth $1.36 million in FY2026. Fund cuts yen exposure from 80% to 70%, citing the dollar’s weakening reserve status. Japan’s FIEA bill, passed June 11, 2026, could pave the way for crypto exchange-traded funds (ETFs) next. The Nikkei Shimbun report says that the Okayama City-based…
