Browsing: AI

Citigroup is cutting 1,000 jobs in a continuing restructuring effort, aiming for significant headcount reductions by 2026 while preparing for a Mexico retail banking IPO.

In a notable turn of events, traders are capitalizing on short-term gains, leading to sell-offs of major cryptocurrencies like Ether, Solana, and XRP, while Monero has remarkably surged past $640.

Eric Adams, once celebrated as the ‘bitcoin mayor’ of New York City, now faces serious accusations of a $3 million rug pull tied to the recent NYC Token launch.

Strategy has strengthened its Bitcoin treasury with a massive $1.25 billion purchase, signaling robust confidence in the cryptocurrency market.

A promising glimpse into the Senate’s cryptocurrency regulation efforts reveals protections for decentralized finance, signaling a cautious but progressive approach to market oversight.

A significant transfer linked to Pump.fun has seen $148 million deposited in USDC and USDT to Kraken, raising eyebrows in the crypto community.

Bitcoin’s price stabilization around $90,000 has coincided with a notable surge in altcoin performance, highlighting a dynamic shift in the market fueled by newfound liquidity.

The Senate faces hurdles in passing the pivotal CLARITY Act as negotiations to secure necessary votes falter, delaying crucial regulatory clarity for the crypto industry.

As Bitcoin grapples with macroeconomic pressures, the digital asset hovers near critical support levels, presenting an intricate landscape for risk-averse investors to navigate.

Despite a solid $54 billion backlog for H200 chips and indications of robust AI demand, Nvidia faces order pauses from Chinese authorities. The implications for the market are significant as anticipation builds for the company’s 2026 architectural shift.