AI Job Losses Reversed Altman Surprises
OpenAI CEO Sam Altman revises AI job loss predictions, citing minimal disruption; Brookings and Yale studies support limited impact. Anthropic highlights deployment gaps. #Update #Tech
Crypto News
General category for all types of news related to the cryptocurrency world.
SoFi Launches SoFiUSD Stablecoin for 15M Users
SoFi Bank launches SoFiUSD, the first U.S. national bank-issued stablecoin on a banking app, now available to 15 million members on Ethereum and Solana. #Update #Crypto
S&P 500 Surges to 9000 Predictions
Analysts at J.P. Morgan Private Bank predict the S&P 500 could reach 9,000 by mid-2027, driven by AI adoption and an earnings supercycle, despite risks from rising bond yields and geopolitical tensions. #Update #Crypto $BTC (+2) ↗
AI Chatbots Favor Catholicism Researchers Reveal
Researchers found AI models show bias favoring Catholicism and disfavoring Jehovah’s Witnesses. Grok exhibited the strongest bias, while Anthropic and Meta were least biased. #Update #AI
Spain Bans Kalshi Polymarket Over Gambling
Spain blocks @Polymarket and @Kalshi for potential gambling law violations amid a global crackdown on prediction markets. #Breaking #Legal
Bitget Launches Tokenized Stocks Platform
@Bitget launched Reality, a platform for tokenized stocks backed 1:1 by U.S. securities, with plans to expand into ETFs and bonds as SEC reviews frameworks. #Update #Crypto
Billionaire Paul Tudor Jones Invests $398M
Billionaire hedge fund manager Paul Tudor Jones invests $398.8M in Warner Bros. Discovery, Wells Fargo, and Capital One while fully exiting positions in Goldman Sachs and BlackRock #Update #Crypto $WBD
Crypto Funds Bleed $1.47B Amid Risk-Off Sentiment
Bitcoin products saw $1.3 billion in outflows, the largest weekly withdrawal of 2026, while Ether lost $223 million; total crypto ETP assets are $148.7 billion. #Update #Crypto $BTC
Crypto PACs Invest $9 Million in Texas Wins
Crypto-focused political committees have spent over $9 million in Texas, aiding bipartisan candidates like Christian Menefee and Ken Paxton, signaling strong industry influence ahead of the 2026 midterms. #Update #Crypto
AI Model Launches Local Agents on Phones
MiniCPM5-1B, a 1B parameter AI model from OpenBMB, excels in agentic tasks and general knowledge on-device, outperforming competitors in its class. #Update #AI
Spain Bans Polymarket and Kalshi Trading
Spain has banned @Polymarket and @Kalshi for operating without licenses, classifying them as gambling platforms. The Ministry of Consumer Affairs cites non-compliance with age verification and monitoring standards. #Breaking #Legal $BTC
Crypto Adoption Stalled Without Tax Reform
The Clarity Act aims to provide regulatory clarity for the U.S. crypto industry, but current tax frameworks complicate adoption, especially for small investors facing burdensome compliance demands. #Update #Crypto $BTC $ETH
Debt Strategy Cuts $1.5B at Discount
@MicroStrategy repurchased $1.5B of its convertible notes at an 8% discount, reducing outstanding debt to $6.7B. However, shares fell 3% post-announcement amid a broader market decline. #Update #Crypto $BTC
Steroid Olympics: Non-Enhanced Athletes Triumph
Greek swimmer Kristian Gkolomeev sets unofficial world record at Enhanced Games, but clean athletes outperformed enhanced rivals in key events. #Update #Sports