Inside Senator Lummis' groundbreaking bill for a U.S. bitcoin reserve
The bitcoin bill seeks to establish a reserve, highlighting the U.S.'s commitment to cryptocurrency leadership.
Oil Falls to Seven-Month Low as Demand Fears Overwhelm War Risks
(Bloomberg) -- Oil slumped to the lowest in almost seven months as concerns about demand in the world’s two biggest economies overshadowed heightened geopolitical risk.Most Read from BloombergSinger Akon’s Multibillion-Dollar Futuristic City in Africa Gets Final NoticeValencia Follows Barcelona in Crackdown on Short-Term RentalsWhat a Beautiful Bus Stop Can DoA Vast Wetland Park Seeks to Slake a Thirsty MegacityUber and Lyft Strike NYC Deal to Scale Back Driver LockoutsBrent crude slid 3.4% to s
As Trump Suggests Crypto as a Fix to U.S. Debt, Harris Camp Highlights His Remarks
Former President Donald Trump shared some more thoughts on his recent crypto crush, and the campaign for Kamala Harris responded as it often has: It shared Trump's own words....
Four reasons to take a breath after the U.S. jobs report
The disappointing U.S. employment report for July unleashed a "Freakout Friday" moment in financial markets and triggered a wholesale resetting of expectations for how much the Federal Reserve might cut interest rates next month. There was much to grimace about in the Bureau of Labor Statistics report card on the job market, including a jump in the unemployment rate to a post-pandemic high and the weakest pace of private-sector hiring in 16 months. The BLS added a big footnote to the first page of Friday's release to say Hurricane Beryl - which slammed into Texas during the employment report survey week and left some 2.7 million homes and businesses in the Houston area without power for days - "had no discernible effect" on the month's data.
Mark Moss predicts $10 million future for bitcoin
Mark Moss explains bitcoin valuation, venture capital comparisons, and future growth predictions.
How bitcoin miners like Bit Digital are cashing in on the AI boom
Bit Digital CEO Sam Tabar discusses the bitcoin mining industry's shift to diversify by powering AI's need for processing power.
Crypto Lender Genesis Completes Restructuring, Begins Payouts
(Bloomberg) -- Crypto lender Genesis Global and related companies completed its bankruptcy restructuring and began distributing about $4 billion in digital assets and cash to creditors. Most Read from BloombergSinger Akon’s Multibillion-Dollar Futuristic City in Africa Gets Final NoticeValencia Follows Barcelona in Crackdown on Short-Term RentalsWhat a Beautiful Bus Stop Can DoA Vast Wetland Park Seeks to Slake a Thirsty MegacityUber and Lyft Strike NYC Deal to Scale Back Driver LockoutsBitcoin
Morgan Stanley Advisors Can Reportedly Market Two Bitcoin ETFs To Some Clients
Morgan Stanley's wealth advisors can now actively pitch two spot bitcoin exchange-traded funds (ETFs) to some of their clients.
How DePINs Address AI's GPU Gap and Ethics Problems
The future of AI depends on our ability to build a more inclusive, equitable, and decentralized computational landscape, says Mark Rydon, co-founder of Aethir.
U.K. government meets Big Tech—including a16z crypto: ‘Unlike in the U.S., it’s not political’
As crypto remains politicized in the U.S., across the pond, it’s bridging the gap.