Elon Musk’s lawsuit against OpenAI has hit an early roadblock, as a U.S. court has denied his request for a preliminary injunction to halt the company’s transition into a for-profit entity. Musk’s
More
Former U.S. President Donald Trump has called for the repeal of the CHIPS and Science Act, arguing that the funds allocated for semiconductor manufacturing should be redirected to national debt reduction. His
More
Bitcoin saw a surge and subsequent drop following former U.S. President Donald Trump’s announcement of a national cryptocurrency reserve. The move initially fueled optimism, but uncertainty over the details led to a
More
El Salvador, once a pioneer in integrating Bitcoin into its economy, has recently adjusted its approach. Previous policies had emphasized the adoption of Bitcoin as legal tender, but evolving economic conditions and
More
Markets opened the week with cautious gains as investors reacted to a range of economic developments, including a significant announcement regarding cryptocurrency reserves. The news triggered a surge in digital asset values,
More
In a major shift in financial strategy, five digital assets have been selected for inclusion in a newly proposed U.S. strategic reserve of cryptocurrencies. The announcement sent shockwaves through the crypto market,
More
Chinese AI startup DeepSeek has shared new insights into the financial performance of its popular V3 and R1 models, revealing a significant theoretical cost-profit ratio. However, the company cautioned that actual earnings
More
After experiencing nine consecutive trading sessions of capital outflows, U.S. spot Bitcoin exchange-traded funds (ETFs) saw a shift in momentum with a notable inflow. This development coincided with Bitcoin’s price rebounding from
More
BlackRock, the global investment management firm overseeing $11.5 trillion in assets, has integrated its Bitcoin exchange-traded fund (ETF) into its model portfolio product. This move, reported on February 28, is expected to
More
JPMorgan Chase CEO Jamie Dimon has publicly expressed support for initiatives aimed at enhancing government efficiency, notably the Department of Government Efficiency (DOGE) led by Elon Musk. This endorsement comes as Dimon
More