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Bitwise filed applications for 11 new cryptocurrency ETFs with the U.S. SEC on December 30, targeting AAVE, CC, ENA, HYPE, NEAR, STRK, SUI, TAO, TRX, UNI, and ZEC. These funds seek capital appreciation via 60% direct token holdings, 40% in ETPs and derivatives, with trading potentially starting March 16, 2026. Bitwise cryptocurrency ETFs propose 60% […]
Michael Burry clarified he is not short Tesla stock despite calling it ridiculously overvalued. The famed investor, known for predicting the 2008 housing crash, responded to speculation on X after bearish comments on TSLA shares amid slowing deliveries and high valuations. Michael Burry explicitly stated on X, “But I am not short,” addressing questions about […]
Metaplanet resumed aggressive Bitcoin purchases on December 30, acquiring 4,279 BTC for ¥69.855 billion, boosting total holdings to 35,102 BTC and securing fourth place among public companies worldwide. Metaplanet ranks fourth globally in public Bitcoin treasuries despite a prior pause. Purchases funded via equity issuance and $280 million in Bitcoin-collateralized loans. Total holdings valued amid […]
AI replacing banking jobs in Europe threatens about 10% of roles by 2030, equating to over 200,000 positions mainly in central services such as back-office operations, risk management, and compliance. Banks anticipate up to 30% efficiency gains from AI adoption. 212,000 banking jobs across Europe at risk over next five years due to AI automation. […]
ByteDance plans $14 billion (~100 billion Yuan) chip purchases in 2026 to support surging computing demands for its apps, Volcano Engine cloud, and large language models, exceeding the 2025 budget of $12.15 billion (85 billion Yuan). 2026 chip budget rises to $14B from $12.15B in 2025, driven by AI expansion. Doubao chatbot hit over 50 […]
The Pi Network price has stagnated with just 0.12% gains over 24 hours and 0.39% over the past week, despite active developments like Fast Track KYC and Pi2Day updates. Bearish technicals, including a downtrend since late November and flat OBV, suggest limited recovery potential without a breakout above $0.218. Pi Network developments continue: Fast Track […]
President Donald Trump is defunding the Consumer Financial Protection Bureau (CFPB) in his second term, aiming to shut it down entirely. Budget director Russell Vought plans to fire up to 90% of staff and shift enforcement to the Justice Department. This dismantles key rules protecting consumers from unfair lending practices. Trump CFPB cuts target rules […]
China has achieved its 5% GDP target for 2025, as confirmed by President Xi Jinping at the Chinese People’s Political Consultative Conference. Rising PMI indicators signal recovery in manufacturing and services, with large enterprises leading growth amid a focus on quality and innovation. President Xi Jinping hails 5% GDP growth for 2025, positioning China strongly […]
Lido DAO (LDO) price shows early recovery signals after breaking out of a falling wedge pattern on the 12-hour chart. Momentum indicators have shifted bullish, backed by 30% whale accumulation surge to 17.49 million LDO. Price tests resistance at $0.59–$0.60 amid stabilizing structure. Lido DAO broke out of a falling wedge as RSI crossed above […]
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