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The proliferation of mainstream artificial intelligence (AI) tools in the last couple of years has stirred the crypto and blockchain industry to explore decentralized alternatives to Big Tech products. The synergy between AI and blockchain is built on addressing the risk of centralized ownership and access to data that powers AI. The theory goes that decentralization can mitigate against the entire AI economy being powered by the data owned by a few tech behemoths like Alphabet (GOOG), Amazon (AMZN), Microsoft (MSFT), Alibaba (9988) and Tencent (0700). It is unclear as yet whether or not this will prove to be a…
Luxor Technology wants to make bitcoin mining easier. That’s why the firm has rolled out a panoply of products (mining pools, hashrate derivatives, data analytics, ASIC brokerage) to help bitcoin miners, large and small, develop their operations. Aaron Forster, the company’s director of business development, joined in October 2021, and has seen the team grow from roughly 15 to 85 people in the span of three and a half years. Forster worked a decade in the Canadian energy sector before coming to bitcoin mining, which is one of the reasons why he’ll be speaking about the future of mining in…
(Bloomberg) — President Donald Trump and his family have taken a interest in just about every corner of the crypto industry. Most Read from Bloomberg There are nonfungible tokens and digital collectibles; a decentralized finance project; a proposed stablecoin; an effort at Bitcoin mining; and a pair of memecoins, one for the president and one for First Lady Melania Trump. Taken together, the various projects are approaching $1 billion in paper gains even after accounting for the latest round of trade war-induced market gyrations, according to Bloomberg calculations based on publicly available data. Donald Trump is already the richest person…
It’s been an exceptionally volatile week, but one measure may be signaling longer-term bullish sentiment for bitcoin. The sell-off in equities began on April 3, spurred by President Donald Trump’s tariff-led uncertainties. Each day since then has been marked by sharp moves in both directions. The panic has hit both the equities and bond markets, while gold has surged to new all-time highs, and the DXY Index has broken below 100 for the first time since July 2023. In response, the S&P Volatility Index (VIX)—often called Wall Street’s “fear gauge” —has surged to its highest level since last August and…
Bitcoin (BTC) rose over 1.5% to $84,900 Saturday, looking to break a three-month downtrend after the Trump administration issued new guidance on reciprocal tariffs, listing several exemptions like smartphones, computers, chips and other electronics. These exclusions, published by U.S. Customs and Border Protection, list products from President Donald Trump’s 125% China tariff and his baseline 10% global levy. “The US imports over $60 BILLION of smartphones per year. These exemptions cover some of the most crucial imports in another sign of the U.S. conceding in the trade war. After all, the bond market is forcing Trump to concede,” The Kobeissi…
The idea of “safe haven” assets—traditionally marked by gold and government bonds—amid market turmoil, is being tested like never before. For decades, portfolio construction and risk management were simple: 60% equities, 40% bonds and when markets panicked, capital typically flowed into gold and government bonds. These assets were slow, steady, and predictable, making them an ideal safe haven for investors looking for protection against volatility. But in today’s world of 24/7 markets, geopolitical instability, and rising distrust in sovereign systems, have turned that logic on its head, asking the question: does the definition of a safe haven need a refresh?…
Abrar Ahmed tore through the Peshawar Zalmi batting lineup as Quetta Gladiators won by 80 runs after scoring 216-3 batting first in the first outing for the two sides in the Pakistan Super League 2025 at the Rawalpindi Cricket Stadium on Saturday. Peshawar’s batting innings never recovered after Mohammad Amir got Peshawar Zalmi captain Babar Azam out for a duck in the very first over of their chase. However, it was mystery spinner Abrar Ahmed who made sure that Peshawar never got the chance to recover as he claimed the wickets of both opener Mohammad Haris and the dangerous Tom…
Shiba Inu (CRYPTO: SHIB) and Dogecoin (CRYPTO: DOGE) used to be similarly valued cryptocurrencies. But Shiba Inu has been underperforming its rival meme coin over the past year, which appears to have gotten a boost from the Department of Government Efficiency (DOGE) agency Elon Musk is behind — its acronym is the same as the symbol for Dogecoin. Given its more modest valuation, however, Shiba Inu’s coin may be in a more favorable position to rally from here on out, relative to its rival. But can it catch up to Dogecoin? Shiba Inu launched its Layer-2 blockchain, Shibarium, in August…
Entrance to NYU Langone Hospital, New York City. Joan Slatkin | Universal Images Group | Getty ImagesNew York University’s Grossman School of Medicine made history in 2018 when it became the first top-ranked medical program to offer full-tuition scholarships to all students, regardless of need or merit. The number of applicants, predictably, spiked in the year that followed. But then, the share of incoming students considered “financially disadvantaged” sank to 3% in 2019, down from 12% in 2017, reports showed. “Tuition-free schools can actually increase inequity,” said Jamie Beaton, co-founder and CEO of Crimson Education, a college consulting firm. “Tuition-free colleges experience surges in application numbers, dramatically…
The price of Bitcoin (CRYPTO: BTC) has plunged by nearly 20% so far this year. In 2024, BTC surpassed the $100,000 mark several times. Recently, BTC has traded below $80,000. Many investors believe more pain is on the way. But the statistics below suggest bullishness, especially for longterm holders. Bitcoin has long been a speculative asset held by those bullish on crypto. It took years for this popular cryptocurrency to gain credibility outside these circles. That was largely due to the difficulties around how to buy Bitcoin, particularly in areas related to self-custody and tax implications. The launch of several…