Long-term unemployment in US rises to 1.8M, up 45% since 2019
Rising long-term unemployment exacerbates economic inequality, erodes mental health, and depresses wage growth, signaling structural issues. The post Long-term unemployment in US rises to 1.8M, up 45% since 2019 appeared first on Crypto Briefing....
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Senate blocks FISA surveillance extension ahead of June 12 expiration, with crypto implications buried in the bill
The Senate’s block on FISA extension highlights ongoing tensions over surveillance and digital currency, impacting future crypto regulations. The post Senate blocks FISA surveillance extension ahead of June 12 expiration, with crypto implications buried in the bill appeared first on Crypto Briefing....
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Brooklyn seller lists $6M home, accepts Anthropic stock as payment
The acceptance of Anthropic stock for real estate highlights evolving wealth transfer methods and the growing role of tech equity in transactions. The post Brooklyn seller lists $6M home, accepts Anthropic stock as payment appeared first on Crypto Briefing....
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Canada adds 87,800 jobs in May, unemployment drops to 6.6% as rate cut hopes fade
Canada’s unexpected job surge complicates monetary policy, reducing rate cut prospects and impacting investment strategies in risk assets. The post Canada adds 87,800 jobs in May, unemployment drops to 6.6% as rate cut hopes fade appeared first on Crypto Briefing....
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Elon Musk to pitch SpaceX’s Terafab chip project to ASML employees
Musk’s Terafab project could revolutionize AI chip production, easing global shortages and boosting ASML’s market influence and stock value. The post Elon Musk to pitch SpaceX’s Terafab chip project to ASML employees appeared first on Crypto Briefing....
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Bitcoin faces worst performance in a decade as AI stocks attract investors
Bitcoin’s decline highlights a strategic shift as investors prioritize AI, potentially reshaping asset allocation and market dynamics long-term. The post Bitcoin faces worst performance in a decade as AI stocks attract investors appeared first on Crypto Briefing....
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Iran fires warning missiles and drones at US warships as crypto becomes a geopolitical weapon in the Gulf
The incident highlights escalating tensions and the strategic use of cryptocurrency in geopolitical conflicts, impacting global security dynamics. The post Iran fires warning missiles and drones at US warships as crypto becomes a geopolitical weapon in the Gulf appeared first on Crypto Briefing....
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3x semiconductor ETF SOXL surpasses trading volume of Apple and Amazon combined
SOXL’s trading surge highlights speculative trends and risks in leveraged ETFs, impacting retail investors and correlating with crypto markets. The post 3x semiconductor ETF SOXL surpasses trading volume of Apple and Amazon combined appeared first on Crypto Briefing....
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Apyx Finance’s apxUSD stablecoin slips to 90 cents amid STRC drop
The apxUSD depeg highlights the risks of stablecoins backed by volatile assets, emphasizing the need for robust collateral management. The post Apyx Finance’s apxUSD stablecoin slips to 90 cents amid STRC drop appeared first on Crypto Briefing....
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Crypto Council for Innovation launches Vault Coalition to push for regulatory clarity on yield-generating vaults
The coalition’s proactive approach could shape future DeFi regulations, impacting investment strategies and legal frameworks in the crypto space. The post Crypto Council for Innovation launches Vault Coalition to push for regulatory clarity on yield-generating vaults appeared first on Crypto Briefing....
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