Bitcoin price falls below $60K as hot U.S. jobs report crushes rate cut hopes
Bitcoin price has fallen below $60,000 after a stronger-than-expected U.S. jobs report prompted traders to scale back expectations for Federal Reserve rate cuts and price in a higher probability of policy tightening later this year. According to data from crypto.news,…...
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Bitcoin On Track For Worst Week Since FTX Collapse, ETH, XRP Lose Up To 23% In 7-Day Crypto Rout
Bitcoin plunged below $60,000 for the first time since October 2024, extending losses in what has become its worst week since November 2022. Sentiment deteriorated further into extreme fear, signaling rising market anxiety heading into the weekend. Cryptocurrency Ticker Price Bitcoin (CRYPTO: BTC) $59,668 Ethereum (CRYPTO: ETH) $1,551 Solana...
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Anthropic embeds engineers at NSA to deploy Mythos AI for cyber operations
The deployment of Mythos AI in cyber operations highlights the growing need for advanced defensive measures and reevaluation of security protocols. The post Anthropic embeds engineers at NSA to deploy Mythos AI for cyber operations appeared first on Crypto Briefing....
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OCC chief Jonathan Gould defends against political pressure over World Liberty Financial bank charter
The defense against political pressure highlights the tension between regulatory independence and political influence, impacting stablecoin market dynamics. The post OCC chief Jonathan Gould defends against political pressure over World Liberty Financial bank charter appeared first on Crypto Briefing....
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Hong Kong ETFs see record 24.6B yuan outflow as investors shift to domestic stocks
The shift in investment focus to domestic AI and semiconductor stocks may signal a strategic pivot in China’s economic priorities and investor confidence. The post Hong Kong ETFs see record 24.6B yuan outflow as investors shift to domestic stocks appeared first on Crypto Briefing....
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Binance Sparked a Massive Crash for 4 Altcoins: Check out How
Many popular altcoins, including Ethereum (ETH), Ripple (XRP), and Solana (SOL), have declined by 5%-8% over the past day, in line with the broader market’s bearish conditions. Four lesser-known tokens, however, experienced much more substantial losses, and the main culprit is Binance. What Happened? The world’s largest crypto exchange...
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Why diehard bitcoin purists aren’t sweating the massive price crash that wiped out $200 billion
Mati Greenspan, Michael Saylor and Jameson Lopp blamed the AI boom for draining capital from bitcoin. Meanwhile, Jack Mallers refrained from sharing an outlook but recommended buying the dip....
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Bitcoin Just Tested $70K Support
Bitcoin is currently testing the $70K support level, and Ivan says the next floor sits at $65K if it breaks. Both April and May turned out to be false bull signals, not the real breakout. The larger move may still be coming. Follow Ivan on Tech for calm, data-driven...
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Philadelphia Semiconductor Index falls 2% as Broadcom’s forecast weighs on chipmakers
Broadcom’s forecast miss highlights market sensitivity to AI growth expectations, potentially leading to cautious investor sentiment in the sector. The post Philadelphia Semiconductor Index falls 2% as Broadcom’s forecast weighs on chipmakers appeared first on Crypto Briefing....
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US technology companies announce 38,000 job cuts amid AI spending spree
The AI-driven job cuts highlight a shift towards automation, raising concerns about workforce displacement and the future of employment stability. The post US technology companies announce 38,000 job cuts amid AI spending spree appeared first on Crypto Briefing....
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