NASDAQ 100 falls 5%, on track for biggest daily loss of 2026
Rising yields and tech selloffs signal a shift in investment strategies, impacting risk assets and potentially altering capital allocation trends. The post NASDAQ 100 falls 5%, on track for biggest daily loss of 2026 appeared first on Crypto Briefing....
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Google pays SpaceX $920M monthly for cloud computing services in deal worth $30 billion
This deal highlights the growing interdependence between tech giants and space companies, accelerating AI development and cloud capabilities. The post Google pays SpaceX $920M monthly for cloud computing services in deal worth $30 billion appeared first on Crypto Briefing....
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NASDAQ sinks 4% as AI stocks tumble on rate-hike fears
The market’s reaction underscores the vulnerability of high-growth sectors to interest rate shifts, impacting tech and crypto investments alike. The post NASDAQ sinks 4% as AI stocks tumble on rate-hike fears appeared first on Crypto Briefing....
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OpenAI and White House discuss potential US government equity stake
A US government equity stake in OpenAI could democratize AI benefits, akin to a sovereign wealth fund, impacting future economic distribution. The post OpenAI and White House discuss potential US government equity stake appeared first on Crypto Briefing....
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US consumer credit rises to $20.7B in September, blowing past $18B forecast
Rising consumer credit suggests robust economic activity, potentially impacting Federal Reserve interest rate decisions and broader market dynamics. The post US consumer credit rises to $20.7B in September, blowing past $18B forecast appeared first on Crypto Briefing....
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XRP Ledger Eyes Tokenized Finance as Schwartz Maps Next Use Cases
XRP Ledger utility is expanding beyond payments as David Schwartz points to tokenized stocks, funds, loans, and rising XRPL adoption....
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China’s Xi Jinping heads to North Korea on June 8, his first Pyongyang visit in seven years
Xi’s visit underscores China’s strategic role in Korean Peninsula diplomacy, potentially reshaping regional alliances and economic dynamics. The post China’s Xi Jinping heads to North Korea on June 8, his first Pyongyang visit in seven years appeared first on Crypto Briefing....
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Ripple ETFs Offer Rare Bright Spot Despite XRP’s Crash to 19-Month Low
It was a painful week, no matter how you look at it or which cryptocurrency asset you support. Ripple’s XRP, arguably one of the alts with the biggest and loudest community, was no exception, as it dropped hard. However, there’s a silver lining for the asset, as the exchange-traded...
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OPEC+ plans fourth oil quota hike amid Hormuz closure tensions: Reuters
OPEC+’s quota hike aims to stabilize oil markets amid geopolitical tensions, potentially easing price volatility and ensuring supply security. The post OPEC+ plans fourth oil quota hike amid Hormuz closure tensions: Reuters appeared first on Crypto Briefing....
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Gold erases yearly gains as robust US jobs data fuels Fed rate hike bets
Robust US job growth and potential Fed rate hikes could pressure non-yielding assets, impacting global markets and investor strategies. The post Gold erases yearly gains as robust US jobs data fuels Fed rate hike bets appeared first on Crypto Briefing....
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