Business – Page 48

Cantor says crypto market near bottom as bitcoin (BTC) cycle points to October low

Crypto markets have struggled in recent months, with bitcoin down more than 50% from its late-2025 peak following a sharp sell-off in June driven by sustained exchange-traded fund (ETF) outflows, rising interest rates and weaker risk appetite. Ether (ETH) and most major altcoins have underperformed bitcoin during the downturn, although a handful of sectors, including […]

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Bitcoin (BTC) Climbs Towards $60,000 Level After Fed Chair Warsh Says Inflation Risks Have Diminished

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Bitcoin BTC$59,586.97 climbed back toward the $60,000 level on Wednesday after Federal Reserve Chairman Kevin Warsh said inflation risks had eased while reaffirming the central bank’s commitment to bringing inflation back to its 2% target. Warsh declined to provide guidance on the Federal Reserve’s next rate decision, saying policymakers would debate incoming data at their

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EthLabs launches as Ethereum undergoes its biggest leadership transition in years

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That transition has also reshaped the Ethereum Foundation itself. Earlier this year, the foundation published a renewed mandate that emphasizes Ethereum’s core values: including trusted neutrality, self-sovereignty and open infrastructure, while reducing its involvement in some implementation-focused initiatives. Combined with ongoing budget constraints, the shift has resulted in restructuring across the organisation. The Dietrichs see

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Prices of tokenized Google shares surged 7,700% in rare DeFi lending

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Edel said it discovered and contained the exploit, then paused all its version-1 contracts, which remain frozen, and warned users not to interact with them. The team added that it had tracked the attacker’s transactions and is coordinating with exchanges, and that it has offered the attacker a whitehat settlement, an agreement that lets a

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Bitcoin (BTC) opens the third quarter in a red zone that precedes the bear markets

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The seasonal pattern usually runs the other way. Across bitcoin’s entire record, the fourth quarter has been the strongest by a wide margin, with an average gain of 77% with a median of nearly 48%, the stretch that has repeatedly rescued mediocre years. The third quarter is the opposite, the weakest quarter on average and

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Ark Invest bought more than $75 million of COIN, CRCL, BLSH shares during the June carnage

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Ark Invest tends to load up on shares of cryptocurrency companies when their prices are under pressure, and June was no exception. Bitcoin BTC$58,404.72the largest cryptocurrency, recorded its worst month in four years, and digital asset firms’ share prices suffered accordingly, which Ark read as a buying opportunity. The St. Petersburg, Florida-based investment manager bought

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XRP, HYPE funds are the bright spots as investors flee bitcoin, ether ETFs: Crypto Daily

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XRP and Hyperliquid’s HYPE have emerged as notable bright spots amid record outflows from US spot crypto exchange-traded funds (ETFs). XRP-linked ETFs added $59.4 million in June, a third straight month of net inflows, albeit at a slower pace than in the previous two months, according to SoSoValue data. HYPE funds saw $161 million in

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Aave logs biggest network growth day in almost 5 years as DeFi interest returns

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Several threads attract attention. Aave is rolling out the Ethereum version of its V4 upgrade, a revamp of how the protocol handles lending, and has seen active governance debate about lending limits alongside a growing focus on protocol revenue through a mechanism it calls Smart Value Recapture, which directs value back into the system. Standard

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What you need to know about the US-Mexico-Canada Agreement

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The United States, Mexico and Canada face a key deadline on Wednesday for the future of the reciprocal agreement that underpins North American trade. But the negotiations have just begun. The text of the US-Mexico-Canada agreement, which President Trump signed in his first term, requires the three countries to jointly review the agreement six years

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Anthropic restores AI models Fable, Mythos after US lifts export controls

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Anthropic is restoring access to its two most advanced AI models after the US government lifted export controls that forced it to withdraw them last month. The controls on Claude Fable 5 and Claude Mythos 5 were removed on June 30, the company said. Fable 5 will return globally on July 1 across Anthropic’s platforms,

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