The strong jobs data highlights the interconnectedness of crypto and traditional markets, as rate hike fears trigger widespread asset repricing. The post US stocks plunge as strong jobs data fuels rate hike fears, dragging Bitcoin below $62K appeared first on Crypto Briefing....

Crypto spot volume fell to $679B in April, its lowest since Oct. 2023, as retail demand weakened and exchanges faced lower activity.Crypto spot volume fell to $679B in April, its lowest since Oct. 2023, as retail demand weakened and exchanges faced lower activity....

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....

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....

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....

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....

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....

XRP Ledger utility is expanding beyond payments as David Schwartz points to tokenized stocks, funds, loans, and rising XRPL adoption....

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....

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...