Anthropic Q2 revenue doubles to $12B, surpasses OpenAI for first time
Anthropic’s revenue surge may accelerate its valuation growth, attracting more investments and reshaping competitive dynamics in AI. The post Anthropic Q2 revenue doubles to $12B, surpasses OpenAI for first time appeared first on Crypto Briefing....
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FASB sets 3 tests for stablecoins to qualify as cash
FASB proposes allowing certain stablecoins to count as cash equivalents when they meet strict redemption, reserve and liquidity conditions....
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Bitcoin falls 50%, but BlackRock keeps long term view
BlackRock says Bitcoin’s 50% pullback reflects leverage and weaker flows, while its long term diversification case remains unchanged....
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Weaker Swiss franc may emerge as consequence of US-Japan yen intervention
The US-Japan yen intervention may lead to a weaker Swiss franc, benefiting Swiss exporters and altering global forex strategies. The post Weaker Swiss franc may emerge as consequence of US-Japan yen intervention appeared first on Crypto Briefing....
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BlackRock clients buy $143.57M in Bitcoin through IBIT ETF
BlackRock’s dominance in Bitcoin ETFs highlights growing institutional trust in crypto, potentially reshaping traditional investment landscapes. The post BlackRock clients buy $143.57M in Bitcoin through IBIT ETF appeared first on Crypto Briefing....
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Bitcoin may enter accumulation by November, VanEck says
VanEck says Bitcoin may be nearing accumulation after eight capitulation signals fired, but historical data offers little six month edge....
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Solana leads bitcoin and ether higher while Korean chip stocks slide 7%
Bitcoin held near $64,000 and every major except BNB gained, while Korean semiconductor stocks fell more than 7% and Fed minutes are due at 2 p.m. ET....
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Revolut allows CEO Nik Storonsky to borrow up to $250M against his stake
Storonsky’s borrowing strategy highlights the growing trend of founders leveraging equity for liquidity, impacting fintech’s financial dynamics. The post Revolut allows CEO Nik Storonsky to borrow up to $250M against his stake appeared first on Crypto Briefing....
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Ukraine’s bond market rallies 150% amid strong performance over four-year advance
Ukraine’s bond rally highlights investor confidence in post-war recovery, yet ongoing geopolitical risks maintain a significant risk premium. The post Ukraine’s bond market rallies 150% amid strong performance over four-year advance appeared first on Crypto Briefing....
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Wintermute: Bitcoin Range Breakout Delayed by ETF Outflows and Miner Selling
Bitcoin is struggling to hold its June range floor after $390 million left US spot BTC ETFs last week, according to Wintermute’s newest market update. The trading firm says falling rate-hike odds have failed to lift BTC, while ETF redemptions and miner selling have left the market without a...
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