The past week has been one of extraordinary developments across politics, markets, and technology. From a historic mayoral election in New York to a landmark court hearing on US tariff powers, a record-setting Tesla compensation vote, Apple’s AI ambitions, and the longest government shutdown in American history, each story signals significant transitions underway in both […]
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Ethereum’s circulating supply has increased by roughly one million ETH in recent months, highlighting a shift in the network’s supply dynamics as token issuance has recently outpaced the amount of Ether being removed from circulation through transaction fee burns. On‑chain data indicates that Ethereum’s total supply has expanded following a period when the network frequently […]
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BlockFills, a cryptocurrency trading and lending firm known for serving institutional clients, has filed for Chapter 11 bankruptcy protection in the United States, becoming the latest digital asset company to seek restructuring amid financial and legal pressures. The filing was made in a U.S. bankruptcy court in Delaware by Reliz Ltd., the parent entity behind […]
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The Ethereum Foundation has reportedly sold 5,000 Bitcoin to mining company Bitmine through an over-the-counter transaction, marking a notable institutional deal between two major participants in the digital asset sector. The trade was conducted privately rather than through a public exchange, allowing the transaction to take place without directly affecting open market prices. Based on […]
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US markets opened higher on Thursday after tech giants opened in green due to strong tech earnings. The tech heavy Nasdaq index opened 1.13% higher at market open. The benchmark S&P 500 index gained 0.66% while the Dow Jones Industrial Average was up by 0.19%. Microsoft and Meta power market gains Shares of “Magnificent Seven” […]
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U.S. stocks opened in green on Wednesday morning as investors digested a better-than-expected GDP reading, mixed corporate earnings, and heightened geopolitical developments. Market participants also remained focused on the Federal Reserve’s upcoming interest rate decision and key earnings from major tech firms later in the day. The S&P 500 was up 0.14% while the Dow […]
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Tesla’s sales of its China-made electric vehicles edged up slightly in June, snapping an eight-month losing streak in a key market. However, this modest gain does little to mask the broader challenges facing the US automaker, including an expected decline in overall quarterly deliveries and mounting pressure from lower-cost rivals. Data released on Wednesday by […]
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US stocks bounced back at the open on Monday following a sharp sell-off in the previous session, as investors reassessed the impact of weak labor data and newly announced tariffs from the Trump administration. The rebound comes despite lingering concerns over stagflationary signals in the economy and a mixed finish to the second-quarter earnings season. […]
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European stock markets began the week with a mixed and directionless tone, as investors navigated a complex landscape of new US tariff threats, a high-profile political feud between President Donald Trump and Elon Musk, and significant corporate deal-making. About 10 minutes into Monday’s trading session, the pan-European Stoxx 600 index was hovering just below the […]
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US stocks rose on Thursday, led by gains in the technology sector, after President Donald Trump announced new tariffs on imported chips with broad exemptions for companies manufacturing in the United States. The Dow Jones Industrial Average climbed 226 points, or 0.5%, while the S&P 500 added 0.5%. The Nasdaq Composite outperformed, rising 0.8%. Trump […]
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