Nvidia's central role in AI infrastructure growth highlights its potential to drive tech sector trends, but regulatory and competitive risks persist.
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The US's $2B quantum investment underscores its strategic focus on tech leadership, national security, and global competitiveness amid private funding declines.
The post US government to invest $2B in quantum computing companies appeared first on Crypto Briefing.
AI's impact on the labor market is nuanced, boosting productivity and job alignment but risking generational displacement and societal shifts.
The post Goldman Sachs says US labor market is healthier now than when ChatGPT launched appeared first on Crypto Briefing.
AI's growing power needs are reshaping energy infrastructure, with companies like Bloom Energy capitalizing on this demand for reliable solutions.
The post Bloom Energy rises 2% after signing $2.6B fuel cell deal with AI infrastructure firm Nebius appeared first on Crypto Briefing.
Hedera (HBAR), down 1.3% from Wednesday, joined Internet Computer (ICP) as an underperformer.
The round, led by Blockchange Ventures, with support from Coinbase Ventures, among others, brings Cycle's total funding to $8.7 million.
HIVE's AI gigafactory could redefine digital infrastructure, attracting long-term AI clients and reshaping the competitive landscape.
The post HIVE Digital Technologies plans 320 MW AI gigafactory in Toronto area appeared first on Crypto Briefing.
The steady job market supports the Fed's cautious stance, delaying rate cuts and maintaining tight financial conditions, impacting risk assets.
The post US weekly jobless claims fall to 209,000, below estimates appeared first on Crypto Briefing.
Bitcoin is attempting to stabilize near the $78,000 level after recent heavy selling, but data from CryptoQuant suggests whales may still be preparing for more distribution instead of a major breakout. As of now Bitcoin is trading around $77,822, recovering roughly 1.4% over the past 24 hours after last week’s broader crypto market decline. Bitcoin …
The sharp decline in the Philadelphia Fed index suggests potential economic cooling, influencing Fed policy and impacting risk asset markets.
The post Philadelphia Fed manufacturing index crashes from 26.7 to -0.4 in May appeared first on Crypto Briefing.
Prolonged restrictive monetary policy risks stifling UK economic recovery, potentially leading to lower inflation and investment challenges.
The post Bank of England’s Taylor warns UK economy is weak, calls interest rates far too restrictive appeared first on Crypto Briefing.
Decentralized AI training could democratize access to AI development, challenging resource-heavy incumbents and fostering innovation globally.
The post Prime Intellect builds decentralized training ground for AI models appeared first on Crypto Briefing.
Cycles' innovative clearing network could redefine crypto market efficiency, enhancing capital management and privacy for institutional players.
The post Cosmos co-founder’s Cycles raises $6.4 million backed by Blockchange Ventures, Coinbase Ventures appeared first on Crypto Briefing.
The Bitcoin weekly chart has printed a red candlestick in a way that has quietly preceded some corrections. This candlestick appears in the numbers: in the open, the push, the rejection, and the close. That is exactly what happened last week. The candle that formed has now drawn the attention of an analyst who has catalogued its full history on Binance going back to 2017, and what he found is the possibility of another Bitcoin crash. Bitcoin’s Weekly Candle Flashes A Rare Bearish Setup As noted by a crypto analyst that goes by the name Sherlock on X, the latest Bitcoin weekly candle is one of the ugliest candlesticks that the asset can print. The analyst’s concern was not simply that Bitcoin closed the week in red. It was the way the candle formed and where it closed compared to the previous week. Related Reading: Pundit Predicts What Will Happen To XRP When Exchanges Run Out Of Supply Bitcoin’s weekly candle met three bearish conditions at the same time. It came in red immediately after a green weekly candle, its body engulfed the previous green candle, and it closed below the low of the previous week. This means buyers briefly tried to extend the rebound in the previous week but were overpowered before the weekly close. The week opened at $82,210. Buyers attempted a push higher, failed, and by the close Bitcoin was trading at $77,457, creating a red candle following a green week. That type of candle is important because it does not only show selling pressure. A green week had first given traders room to believe that Bitcoin was holding steady above $80,000, but the following candle erased that progress and closed beneath the prior low. This turned the previous week’s rally into a bull trap. What Does This Mean For Bitcoin? Interestingly, this exact setup has appeared 33 times on Binance since 2017, and the historical record is heavily tilted to the downside. Over the 12 weeks following each signal, Bitcoin traded at least 3% lower in 31 out of 33 cases, at least 5% lower in 28 cases, at least 8% lower in 25 cases, and at least 10% lower in 23 cases. Related Reading: XRP Analyst Reveals The Real Catalysts; ‘The Price Discovery Will Be Biblical’ The deeper part of the analysis is the average and median drawdown. The average drawdown after this weekly structure was 20.9%, while the median drawdown was 15.8%. Since Bitcoin closed last week at $77,457, a median version of the move would place the price on a further crash to $65,000, while an average version would drag the price close to $61,000. At the time of writing, Bitcoin is trading at $77,800 and bulls are trying to hold above $77,000. The current weekly candlestick is now green, but there is still enough time for things to change before the week’s close. The current weekly candle is playing out at a time when Bitcoin is under pressure from ETF outflows, and it is currently on a four-day outflow stretch, according to data from SoSoValue. Featured image created with Dall.E, chart from Tradingview.com
The firm also announced the general availability of its flagship Passport Prime device and expanded access to its KeyOS developer platform.
Blockchain.com's IPO move highlights the crypto sector's resilience and potential for growth despite market volatility and regulatory hurdles.
The post Blockchain.com files confidential IPO paperwork with SEC after 14 years in crypto appeared first on Crypto Briefing.
Hyperliquid price crossed $50 as the first spot HYPE exchange-traded funds drew stronger early demand than Bitcoin products on a market-cap-adjusted basis, giving investors a regulated way to express exposure to one of crypto’s fastest-growing trading venues. Data from SoSoValue show the two HYPE funds attracted nearly $50 million of inflows and held about $60 […]
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Bitcoin demand and ETF flows weaken as BTC struggles below $80,000, raising risks of prolonged consolidation or a drop toward $65,000.
The bank said tokenized money market funds account for only about 5% of the broader stablecoin universe despite offering yield.
The rise in targeted attacks on crypto-linked families in France highlights urgent security challenges and potential talent migration risks.
The post The Sandbox COO’s wife targeted in failed kidnapping attempt in France appeared first on Crypto Briefing.
New allegations claim that Jane Street made use of a private backchannel with Terraform insiders before Terra's collapse.
Rising US debt and interest costs threaten economic stability, prompting increased interest in hard assets like Bitcoin and gold as hedges.
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Kraken parent Payward secured preliminary VARA approval in Dubai, opening a pathway to expand regulated crypto services in the UAE.
The private Telegram backchannel allegedly allowed Jane Street to unwind hundreds of millions in potential exposure “mere hours before” the Terra ecosystem’s $40 billion collapse.
The venture's integration of AI into PE portfolios could redefine enterprise AI deployment, emphasizing scale and operational efficiency over innovation.
The post Anthropic-backed enterprise venture taps Fractional AI as operational core appeared first on Crypto Briefing.
Nvidia's record revenue highlights the challenge of sustaining growth amid rising competition and evolving investor expectations in AI markets.
The post Nvidia posts record revenue of $81.6B, shares fall 1.6% in after-hours trading appeared first on Crypto Briefing.
Hoffman's ETH sale and Bankless' transition may signal shifting dynamics in crypto media influence and Ethereum's market perception.
The post Bankless co-founder sells last of his ETH as media outlet enters second era appeared first on Crypto Briefing.
The potential de-escalation in US-Iran tensions could lower inflation, influence Fed policy, and impact risk assets like equities and crypto.
The post Oil prices fall over 6% as Trump says Iran deal negotiations near completion appeared first on Crypto Briefing.
Ripple CEO Brad Garlinghouse stated at Consensus 2026 that he has never considered himself an XRP maximalist and that tribalism hurts the broader crypto industry. “I’ve never been an XRP maxi,” Garlinghouse said. “Tribalism is bad for our industry. It’s not going to be a one-chain world. It’s going to be a multi-chain world. I …
Sui Network's gasless stablecoin transfers could accelerate blockchain adoption by simplifying user experience and reducing transaction friction.
The post SUI Network enables gasless stablecoin transfers, backed by Fireblocks appeared first on Crypto Briefing.