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Earnings in the materials sector are projected to increase by approximately 20% in 2026, marking the strongest performance in five years and trailing only the technology sector. This growth stems from trade protections, rising steel prices, and heightened demand for packaging amid consumer discounts. Materials sector earnings forecast to rise 20% in 2026, second-best among […]
SoftBank has completed its $40 billion investment in OpenAI with a final payment of approximately $22 billion, securing more than 10% ownership in the leading AI company. This milestone investment, originally structured since early 2024, underscores growing confidence in AI infrastructure expansion. Final payment tranche totals around $22-22.5 billion, transferred last week to finalize the […]
China requires chipmakers to use at least 50% domestically produced equipment for new factory approvals. This unwritten policy, enforced via procurement reviews, mandates detailed origin lists in tenders. Approvals halt below the threshold, aiming for eventual 100% localization to bolster self-reliance. 50% domestic equipment threshold for state approval on chip plant expansions. Procurement tenders must […]
Real-world assets (RWAs) in DeFi have exploded in 2025, surging from outside the top ten to the fifth-largest category with over $17 billion in TVL, surpassing DEXs. Ethereum dominates with more than $12 billion, driven by gold-backed tokens and institutional-grade protocols offering redeemability and liquidity. RWAs hold $17B+ TVL, ranking fifth in DeFi per DeFiLlama […]
Lighter withdrawal issues stem from a lag between its Prover and Sequencer, causing Layer-2 withdrawal queues to overload with the “Too many L2 Withdrawals” error. On-chain data shows the last block finalized nine hours ago, slowing processing amid LIT token launch excitement. Error message “Too many L2 Withdrawals” hits users attempting to exit positions. Processing […]
South Korea’s Financial Services Commission is imposing crypto exchange ownership restrictions under the Digital Asset Framework Act, capping individual voting shares at 15-20% for major platforms serving over 11 million users. Exchanges like Upbit, Bithumb, Coinone, and Korbit are classified as core infrastructure, forcing owners above the limit to sell excess shares and reduce concentrated […]
Federal Reserve minutes from the December meeting reveal policymakers’ division on future rate cuts, with most open to reductions if inflation cools, but several favoring steady rates amid persistent price pressures, impacting crypto markets positively through potential liquidity boosts. Fed cut key rate to 3.5%-3.75% in third consecutive reduction, but decision was closely contested. Disagreements […]
Grayscale filed an S-1 form with the U.S. Securities and Exchange Commission on December 30, 2025, for its Bittensor Trust (GTAO). This step aims to convert the trust into the first U.S.-listed exchange-traded product (ETP) providing regulated exposure to the Bittensor TAO token powering decentralized AI. Grayscale Bittensor Trust filing targets SEC approval for GTAO […]
Prenetics, the David Beckham-backed healthcare company, halted its Bitcoin acquisition program on December 4 amid declining cryptocurrency prices. The firm, which began buying in June following a digital asset treasury model, now focuses on its IM8 vitamin line while retaining 510 BTC worth $44.8 million. Prenetics announced the pause in Bitcoin purchases on Tuesday, redirecting […]
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