$90 Billion Investment in AI and Energy Announced President Donald Trump unveiled over $90 billion in new investments during the Inaugural Energy and Innovation Summit held at Carnegie Mellon University. The announcement includes major funding from top U.S. firms to bolster AI infrastructure and energy development. This investment aims to transform the U.S. into a…
Crypto Bill Debate Divides House Democrats Cryptocurrency legislation has once again revealed fault lines within the Democratic Party. This week, the debate over a Republican-led bill to revamp industry regulations has grown heated, pitting two senior House Democrats against each other. As lawmakers prepare to vote, the party remains deeply divided on how to regulate…
Zuckerberg’s Mega-Bet on AI Infrastructure Meta CEO Mark Zuckerberg has unveiled plans to invest hundreds of billions of dollars to build the world’s most advanced artificial intelligence (AI) data centers. In a recent post on Threads, Zuckerberg announced the creation of multi-gigawatt “titan clusters” designed to power AI systems capable of surpassing human intelligence. One…
A Burning System That’s Not Slowing Supply Since Ethereum’s London upgrade in August 2021, the network has burned nearly 4.6 million ETH, worth approximately $13.5 billion. This was enabled by EIP-1559, which introduced a protocol for burning a portion of transaction fees. On average, 2.22 ETH are burned every minute, with peak burn contributions from…
The Unfolding Revolution of Stablecoins in Digital Finance If you haven’t heard of stablecoins yet, chances are you will very soon. This particular segment of the cryptocurrency world is currently experiencing unprecedented excitement and growth. Major corporations like Amazon and Walmart are reportedly considering their adoption, while prominent financial institutions such as JPMorgan Chase and…
Fundraiser Raises Millions for DNC and Local Races Former President Barack Obama made a significant return to the political stage during a private Democratic fundraiser held in Red Bank, New Jersey. Hosted by New Jersey Governor Phil Murphy and First Lady Tammy Murphy, the high-level dinner event attracted both in-person attendees and online supporters. According…
CZ Reshares Allegations Targeting Coinbase Binance founder and former CEO Changpeng “CZ” Zhao has amplified speculation surrounding a controversial Bloomberg report that linked Binance to a crypto project backed by former President Donald Trump. CZ reposted a tweet by crypto commentator Matt Wallace, which accused Coinbase of being the anonymous source behind Bloomberg’s claims. Wallace…
Trump’s 30% Tariffs on EU and Mexico Shock Investors President Donald Trump has reignited trade war fears by proposing a sweeping 30% tariff on imports from the European Union and Mexico, scheduled to take effect on August 1. The announcement came despite widespread investor optimism that Trump would walk back earlier threats. Instead, the president…
SEC Crypto ETF Guidance Reshapes U.S. Digital Asset Landscape The U.S. Securities and Exchange Commission (SEC) has issued groundbreaking guidance that could transform the cryptocurrency investment industry. The latest directive gives asset managers a clearer pathway to gain approval for exchange-traded funds (ETFs) tied to a wider range of cryptocurrencies, including Solana, Ripple’s XRP, and…
Bitcoin Sets New Record Amid Market Optimism Bitcoin soared to a new all-time high on Friday, trading above $118,000, fueled by a surge in institutional interest and a broader rally in tech stocks. This milestone arrives just days before the U.S. House of Representatives launches its highly anticipated “Crypto Week” starting July 14. The convergence…
