Inflation Peaks at 3.5% Amid Geopolitical Risks
Nvidia’s transformation into an AI factory reshapes industries, focusing on AI infrastructure and capabilities, with significant impacts on telecommunications and healthcare. #Update #Tech
Cryptobriefing
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US Senators Ban Kalshi Polymarket Wagering
US Senators Adam Schiff and John Curtis propose the Prediction Markets Are Gambling Act to ban sports prediction contracts on CFTC-regulated platforms like Kalshi. #Update #Legal
Bitcoin Stash Surges to 762,000 BTC
Strategy Inc. adds 1,031 $BTC to its holdings, totaling 762,099 BTC valued at $53 billion. Purchase disclosed in SEC filing, funded by stock sales. #Update #Crypto $BTC
Elon Musk Launches Terafab for Space AI
Elon Musk unveils Terafab, a hyper-scale chip factory by @Tesla, @SpaceX, and xAI to produce one terawatt of AI compute annually for space infrastructure. #Update #Tech
Bitcoin Dips as Fed Holds Rates Steady
Celo proposes allocating 160M CELO tokens to Opera, transitioning it from a distribution partner to a network stakeholder, enhancing their partnership. #Update #Crypto $CELO
OpenAI Expands Workforce Amid AI Rivalry
OpenAI plans to nearly double its workforce to 8,000 by year-end, enhancing enterprise strategy amid competition from Anthropic and Google. #Update #Tech
Worldcoin Sells 117M WLD in OTC Deals
Worldcoin reportedly sold 117M $WLD tokens worth $39M via OTC, receiving $35M in $USDC. Tokens deposited to #Binance and #FalconX. $WLD trading at $0.32. #Update #Crypto
TRON Launches TRX/USDC Trading on Aerodrome
TRON DAO launches TRX/USDC trading pair on Aerodrome, enhancing cross-chain liquidity within Base’s DeFi ecosystem via LayerZero. #Update #Crypto $TRX
Coinbase Launches 24/7 Stock Futures
Coinbase now offers 24/7 perpetual futures for major US stocks like $AAPL and $TSLA, settling in $USDC with up to 20x leverage for global traders. #Update #Finance
UBS Converts US Unit to National Bank
UBS secures OCC approval to convert UBS Bank USA into a national bank, enhancing its US platform and exploring crypto services. #Update #Banking
SoftBank Launches $33B Ohio AI Hub
SoftBank plans a $30-40B AI data center in Ohio, powered by $33B in natural gas infrastructure, reflecting surging AI demand. #Update #Tech
Bluesky Secures $100M as Users Hit 43M
Bluesky disclosed a $100M Series B led by Bain Capital Crypto, revealing user growth to 43M amid leadership changes. #Update #Tech
Nvidia Stock Dips Below Key Support Level
Eightco Holdings (@Eightcoholdings) increases its investment in OpenAI by $40 million, totaling $90 million. ORBS shares fell 4% to $0.90. Finance
Grayscale Launches HYPE ETF for Hyperliquid
Grayscale files S-1 for HYPE ETF to hold Hyperliquid’s token, listing on Nasdaq as GHYP; Hyperliquid processes $191.4B in perpetual volume in 30 days. #Update #Crypto