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Elon Musk Taps Ex-Morgan Stanley Banker Armstrong as xAI CFO Amid Churn

Anthony Armstrong has been named chief financial officer of xAI, Elon Musk's Artificial Intelligence company. Armstrong previously served as a banker at Morgan Stanley and...

India to Launch RBI-Backed Digital Currency, Clamps Down on Crypto

India will launch a digital currency guaranteed by the Reserve Bank of India (RBI). The government will continue to tax unbacked cryptocurrencies heavily instead of...

Democrats’ Push on Obamacare Subsidies Stalls Funding Deal

U.S. government shutdown enters its sixth day after lawmakers fail to reach a funding agreement. The main dispute centers on extending funding for Obamacare subsidies,...

Bitcoin Soars Past $126,000 Amid US Dollar Woes and ETF Demand

Bitcoin exceeded $126,000 for the first time ever on October 6. Institutional investment and demand for Bitcoin exchange-traded funds (ETFs) have surged. The start of a...

Bitcoin Hits $126K, Propelling Miners’ Stocks to Double-Digit Gains

Bitcoin surge drove double-digit gains for crypto mining stocks and treasury firms on Monday.Argo Blockchain led growth with a 96% rise on the London...

Standard Chartered: $1T May Shift From EM Banks to Stablecoins by 2027

Up to $1 trillion could transfer from emerging-market banks to stablecoins in the next three years, according to Standard Chartered. About two-thirds of the current...

Uptober: Bitcoin Hits New Highs, Altcoins Rally Amid Bull Cycle

Bitcoin reached a new record high of about $126,200 on Monday, continuing its upward trend for October.Ethereum and major altcoins, including Dogecoin and BNB,...

Opendoor Stock Soars 15% as Meme Investors Fuel New Rally

Opendoor Technologies stock rose over 15% on Monday, approaching its previous all-time high. Recent executive changes, including the appointment of a new COO, boosted investor...

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Micron stock sinks 30% despite AI demand boom

Micron (MU) shares fell 10% on the final trading day of March, extending a post-earnings slide to as much...

Bitcoin Surges on Reports Iran Ready to End War

Crypto stocks and Bitcoin surged Tuesday following reports that Iranian President Masoud Pezeshkian signaled a readiness to end conflict.Coinbase...

Goldman Sachs: Nvidia Buy, $250 Target, 51% Upside

Goldman Sachs reaffirmed its 'Buy' rating for NVIDIA, setting a $250 price target that suggests a 51% upside from...

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GENIUS Act curbs Big Tech stablecoins, pushes DeFi as yields banned

The GENIUS Act introduces strict controls to prevent large...