Senate crypto bill receives over 100 amendments before CLARITY markup
More than 100 amendments have been attached to the Senate’s crypto market structure bill ahead of Thursday’s Banking Committee markup. POLITICO reported that most of the proposed changes came from Democratic senators, while Republicans submitted a narrower set of revisions…...
Read More
US inflation data dims Fed rate cut hopes amid Iran conflict
Persistent inflation and geopolitical tensions complicate monetary policy, reducing the likelihood of Fed rate cuts and impacting markets. The post US inflation data dims Fed rate cut hopes amid Iran conflict appeared first on Crypto Briefing....
Read More
Strait of Hormuz closure disrupts oil supply, impacts WTI Crude pricing
The closure exacerbates geopolitical tensions, threatens global energy security, and prompts strategic shifts in market and trade dynamics. The post Strait of Hormuz closure disrupts oil supply, impacts WTI Crude pricing appeared first on Crypto Briefing....
Read More
MoonPay acquires Dawn Labs to enhance AI trading capabilities
MoonPay’s acquisition of Dawn Labs could democratize trading by simplifying strategy execution, but it also introduces new risks in AI-driven trades. The post MoonPay acquires Dawn Labs to enhance AI trading capabilities appeared first on Crypto Briefing....
Read More
Kalshi gets CFTC support in Ohio sports market appeal
CFTC backs Kalshi in Ohio appeal, saying prediction markets on regulated exchanges fall under federal oversight, not state gambling rules...
Read More
Bank of Montreal sells truck and trailer financing business to Stonepeak for C$14.5B
BMO’s sale to Stonepeak allows strategic capital reallocation, potentially enhancing focus on core operations and growth opportunities. The post Bank of Montreal sells truck and trailer financing business to Stonepeak for C$14.5B appeared first on Crypto Briefing....
Read More
EU confirms OpenAI offers access to cybersecurity model, Anthropic lags behind
OpenAI’s proactive EU collaboration may set new cybersecurity standards, influencing AI’s role in regulated sectors and investor sentiment. The post EU confirms OpenAI offers access to cybersecurity model, Anthropic lags behind appeared first on Crypto Briefing....
Read More
Michael Saylor’s Top Crypto Is Property Claim Disputed By Peter Schiff: ‘Commercial Real Estate Has Actual Value…What Value Does Bitcoin Have?’
Economist and market commentator Peter Schiff disputed Strategy Inc. (NASDAQ:MSTR) Chair Michael Saylor’s oft-repeated framing of Bitcoin (CRYPTO: BTC) as a “digital property” and its comparisons to real estate. Schiff Questions Bitcoin’s Value In an X post, Schiff argued that, unlike real estate, which can be used or rented out,...
Read More
Baidu’s ERNIE 5.1 tops AI leaderboards, costs 94% less to train
Baidu’s ERNIE 5.1 showcases a strategic shift in AI development, emphasizing cost efficiency amid geopolitical tech constraints. The post Baidu’s ERNIE 5.1 tops AI leaderboards, costs 94% less to train appeared first on Crypto Briefing....
Read More
GitLab cuts jobs to invest in AI agents market opportunity
GitLab’s AI-driven restructuring highlights a tech trend prioritizing automation over human roles, impacting workforce dynamics and innovation. The post GitLab cuts jobs to invest in AI agents market opportunity appeared first on Crypto Briefing....
Read More