Bitcoin's price has dropped to a 2026 low just under $60,000, down 53% from its October peak of $126,000, amid market volatility triggered by SpaceX's IPO and a prolonged sell-off in bitcoin ETFs. However, optimism is growing as BlackRock's $50 billion bitcoin ETF attracted nearly $58 million in inflows, marking a reversal from months of outflows. Experts suggest this inflow, combined with falling oil prices and renewed buying by major holders like Michael Saylor's Strategy, could signal the end of bitcoin's price winter and the start of a recovery. The crypto market is seen as more mature now, supported by institutional frameworks and regulatory progress, which may help stabilize prices going forward.
Oil prices are rising sharply due to renewed US naval blockades on Iranian shipping and increased tensions in the Strait of Hormuz, a critical oil transit route. Brent crude is holding above $85 and WTI above $80, with forecasts suggesting WTI could ...
The US government announced it will impose a new 25% tariff on Brazilian ethanol starting next Wednesday, accusing Brazil of unfair trade practices. This tariff excludes major Brazilian exports like oil, beef, coffee, and aircraft parts. The move fol...
Alibaba and Baidu shares rose after Apple received approval from China's Cyberspace Administration to include Apple Intelligence, integrating Alibaba's Qwen AI model and Baidu's AI features into Apple devices in China. This partnership allows users t...
Ondo Finance has introduced the first tokenized stock representations backed by DTCC tokenized entitlements, joining major financial firms in a significant tokenization initiative. This move highlights Ondo's unique position in building infrastructur...
Leading Japanese companies, startups, and research institutions are developing specialized AI models using NVIDIA Nemotron open models to address Japan's unique language, industrial, and workforce challenges. These AI applications range from enterpri...
