Trump Accuses Iran of Faking Hormuz Attacks as Oil Tops $113, Tehran Warns US
Donald Trump accused Iran of fabricating ship attacks and mine incidents to push oil prices higher.
Digital Assets
Tesla's Profit Drops 43% as Musk Starts Building Robots and Plans to Sell Driverless Cabs
Tesla’s profit fell 43% last quarter to $787 million, down from $1.37 billion a year earlier, per its quarterly filing. The carmaker poured money into humanoid robots and driverless taxis while delive…
Underdog taps zerohash to bring crypto deposits to prediction markets
The new funding option, expected to launch later this year, will allow eligible Underdog users to deposit digital assets around the clock.
Oil Climbs Above $111 as AI Stocks Slide, Dragging the S&P 500 and Global Markets With Them
Brent crude, the global benchmark price for oil, jumped 2.6% to $111.66 a barrel on Thursday, its highest level in five months, as AI-linked stocks slid and dragged markets lower from Asia to Wall Str…
AVAX Price Prediction: Does Avalanche Have What It Takes To Hit $55?
Avalanche’s cumulative verified contracts are approaching 950K, with continued growth potentially pushing the total toward 1 million.
a16z Drops Crypto From Its Name, Widens Bets to AI and Frontier Tech
Andreessen Horowitz, the venture capital firm better known as a16z, is renaming its crypto fund “a16z Frontier” and widening its mandate to AI and other emerging technologies, according to an email sh…
Pi Network Price Prediction: Can PI Recover to $0.40?
Pi Network reports over 60 million Engaged Pioneers, 300+ Mainnet apps, 420,000+ Nodes and 18.1 million fully KYC’d users.
Winklevoss PAC moves into Texas Senate race with $81K ad buy
While crypto-aligned PACs have stepped up spending in Ohio, a committee launched by the co-founders of crypto exchange Gemini made one of its first forays into the Lone Star State.
Crypto custody specialist Fireblocks denies it's in talks to be acquired by Visa
Cryptocurrency custody firm Fireblocks dismissed reports it is in talks with Visa (V) to be acquired for $2.5 billion.
CryptoQuant CEO calls rising Bitcoin hashrate ‘indirect bullish signal’ from institutions
Public miners backed by major TradFi players are coming back online, boosting Bitcoin’s hashrate, a positive sign for BTC’s fundamentals, according to CryptoQuant’s Ki Young Ju.
Crypto for Advisors: Stablecoins are ready for prime time
You’re reading Crypto for Advisors, CoinDesk’s weekly newsletter that unpacks digital assets for financial advisors. Subscribe here to get it every Thursday.
Bitcoin hashrate hits seven-month high as AI shift fails to ease mining competition
According to BlocksBridge, Bitcoin’s mining difficulty is rising despite the industry’s AI transition, with smaller operators potentially absorbing equipment abandoned by larger competitors.
Trade Where You Read: Decrypt Brings Jupiter-Powered Trading to The Information Exchange
That's the vision behind The Information Exchange, and Decrypt is taking another major step toward making it a reality.
Bitcoin Approaches $81,500 Support as Bearish Momentum Grows: What’s Next for BTC Price?
Bitcoin’s $81,500 support zone is critical; a breakdown could expose $76,596, while reclaiming $89,000 would strengthen bullish momentum.
Nvidia Stock: BofA Names It A Top AI Winner As $1 Trillion Cloud Spending Nears
The post Nvidia Stock: BofA Names It A Top AI Winner As $1 Trillion Cloud Spending Nears appeared first on Coinpedia Fintech News
CoinDCX Hack Rumors: Was Another $16 Million Lost?
The post CoinDCX Hack Rumors: Was Another $16 Million Lost? appeared first on Coinpedia Fintech News
Internet Security Alert: PHP Flaws Draw Millions of Attacks in Hours
The post Internet Security Alert: PHP Flaws Draw Millions of Attacks in Hours appeared first on Coinpedia Fintech News
SoFi unveils bank-issued tokenized deposit for yield-bearing crypto funds
SoFi Bank launched SoFi Earn, a tokenized deposit paying 4.40% APY with FDIC coverage, allowing users to convert funds to stablecoins 24/7.
Tesla Stock Price Target $485: Cantor Bets On SpaceX Merger As Shares Climb 3.4%
Cantor Fitzgerald has maintained its Overweight rating on Tesla with a $485 price target, about 25% above the stock’s current $386.47, saying it expects a merger with SpaceX to go ahead. Tesla and Spa…
Irish cenbank fines Coinbase arm $3.6M for oversight, safeguard failures
According to the Central Bank of Ireland, Coinbase Ireland had agreed with the facts around the enforcement action and will be subject to fines and sanctions upon approval by a high court.
SoFi Launches Tokenized Deposit That Earns 4.4% and Converts to a Stablecoin
SoFi is giving its customers a way to earn bank-grade interest on digital dollars without giving up the speed of crypto, launching what it calls the first national bank-issued tokenized deposit for co…
XRP News: Ripple Partners With Arf to Bring RLUSD Settlement Liquidity to XRP Ledger
The post XRP News: Ripple Partners With Arf to Bring RLUSD Settlement Liquidity to XRP Ledger appeared first on Coinpedia Fintech News
Bitcoin circles $81.5K ETF cost basis as Trump Iran comments send stocks lower
Bitcoin extended daily losses to 3% as US stocks came under pressure from President Donald Trump’s comments on Iran military action.
What Is a Neocloud? The GPU Clouds Powering the AI Boom
Training and running modern AI models takes a huge amount of computing power, almost all of it from graphics processing units (GPUs). For most of the past decade, renting servers meant going to one of…