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Latest cryptocurrency news and articles about business. Stay updated with developments, analysis, and insights.
Author group sues Salesforce for building XGen AI models on pirated books library
Salesforce, a software giant, has been sued by a group of authors in federal court in San Francisco for building its XGen AI models on a pirated library of books. According to the lawsuit, they scrubb...
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Apple’s iPhone 17 Air sells out as CEO Tim Cook makes high-profile Beijing visit in launch week
Apple’s slimmest smartphone, the iPhone 17 Air, sold out within minutes of its launch in China on Friday, during a week-long visit by Apple Chief Executive Officer Tim Cook, who met top Chinese offici...
Extreme Fear Creeps Back Into the Crypto Market as Bitcoin Tanks by $20K in Days
For the first time in more than six months, crypto investors are experiencing deep fear. This bearish sentiment comes amid a broader market decline and bitcoin’s (BTC) dive to the $103,000 level. Data...
Strategy's MSTR drops 50% from all-time high as BTC dips below $105,000
Strategy’s (formerly MicroStrategy) share price is on a slide as sentiment around Bitcoin turns bearish. MSTR is now down by roughly 50% from its all-time high. The premium investors who once paid for...
BlackRock dumps over 500 Bitcoin as BTC price crashes
BlackRock’s iShares Bitcoin Trust (IBIT), the largest U.S. spot Bitcoin ETF , recorded two consecutive days of redemptions this week as Bitcoin tumbled below $105,000. According to ETF flow tracker da...
Georgia seizes over $700K in cash, detains Russian nationals over crypto crimes
Georgian authorities have detained five Russian citizens accused of operating an illegal cryptocurrency business and money laundering scheme. The Russians are also suspected of smuggling large sums of...
YouTube star MrBeast files trademark for banking and crypto services app
The world’s most-followed YouTuber, MrBeast, filed a trademark application for a banking platform called MrBeast Financial , dated October 13, and submitted to the United States Patent and Trademark O...
Bitdeer: Could Ride The Bitcoin And AI Tailwinds, Yet Not My Top Pick - A Hold
Summary Bitdeer Technologies Group (BTDR) is pivoting from Bitcoin mining to high-performance computing for AI, aiming to reduce dependency on crypto volatility. BTDR has surged over 200% in the past ...
2 Bullish and 1 Bearish Cardano Signals as ADA’s Price Collapses
Cardano’s ADA has been on a substantial downfall lately, with its price trading far below the local tops witnessed during the summer. In the following lines, we will touch upon three important factors...
JPMorgan Chase’s “cockroaches” warning may signal broader strain on regional banks and non-bank lending
Banking contagion risk is rising after the Tricolor and First Brands bankruptcies, which forced charge-offs and legal claims against lenders and asset managers; investors should watch loan-loss provis...
Jamie Dimon says “Cockroaches” lurk in the US economy
Wall Street’s worst fear got a name this week: cockroaches. That’s what Jamie Dimon, the CEO of JPMorgan Chase, called the unseen threats lurking in the US financial system. On Wednesday, during an ea...