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India Sells $174B in US Bonds, Shifts to Gold to Bolster Rupee
India, a BRICS member, has sold $174 billion of US Treasury bonds to support its weakening rupee.The country's US bond reserves have plunged to...
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Crypto Outflows Top $1B Amid Global Market Sell-Off
Cryptocurrency investment products saw nearly $1 billion in outflows on Thursday, with Bitcoin and Ether funds among the hardest hit.Spot Bitcoin ETFs experienced $817.9...
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US Dollar Hits Lows as Gold Surges; Three Key Causes
The US dollar index is plummeting to multi-year lows, driven by political and monetary policy pressures.Former President Donald Trump's recent "The value of the...
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Vitalik Buterin Withdraws $43M ETH for Foundation Austerity
Ethereum Foundation is adopting a "mild austerity" approach to ensure long-term sustainability while pursuing an aggressive scaling roadmap.Co-founder Vitalik Buterin personally withdrew 16,384 ETH,...
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Ex-Google Engineer Found Guilty of AI Trade Theft
Former Google engineer Linwei Ding convicted on multiple counts of economic espionage and theft of trade secrets.He stole over 2,000 confidential documents related to...
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El Salvador Buys $50M in Gold Amid Bitcoin Price Plunge
El salvador purchased roughly $50 million worth of Gold as its price corrected, marking its second acquisition since 1990.The country’s central bank continues to...
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Circle Plans Robust Infrastructure for Stablecoin Growth by 2026
Circle will focus on building durable institutional blockchain infrastructure, advancing its Arc network toward production by 2026.The company plans to deepen utility for its...
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Trump Sues IRS for Leaked Tax Data in $10B Lawsuit
Donald Trump has filed a $10 billion lawsuit against the IRS and Treasury Department over an alleged leak of his confidential tax returns.The legal...
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Bithumb’s $1.37-to-$142M Bitcoin Error Sparks Crash
South Korean exchange Bithumb erroneously credited 695 users with 2,000 BTC (worth $142 million each) instead of a 2,000...
Nvidia invests $2B more into AI cloud firm CoreWeave
NVIDIA invested an additional $2 billion into cloud specialist CoreWeave, nearly doubling its stake.The announcement spurred an 18% single-day...
Bitcoin’s Mining Difficulty Plummeted 11% In 24 Hours
Bitcoin mining difficulty fell by 11.16%, marking the largest single-adjustment drop since China's 2021 mining ban.The adjustment follows a...
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Ethereum Breaks Support; Bitcoin Fades Altcoins Mostly Muted
Ethereum fell toward $2,900 after losing support at $3,170–$3,200,...
Bitcoin Mining Company Core Scientific Fills For Bankruptcy
A bitcoin mining company, Core Scientific, is the latest...
ETF Frenzy Drives Record $825 Billion Inflows Into Stock Funds
U.S. exchange-traded funds (ETFs) have attracted $825 billion in...
