The US Department of War has requested $80 billion from Congress to cover costs related to the Iran war and other expenses, a figure lower than earlier estimates but still significant. This request adds to growing concerns about the US deficit, which has surpassed $39 trillion, exceeding the country's GDP for the first time since 1946. Bitcoin advocates argue that this rising debt supports Bitcoin's role as a hedge against inflation and currency devaluation. The ongoing conflict and debt increase have sparked debate over Bitcoin's safe-haven status, with some investors seeing it as a faster-responding liquidity pool amid geopolitical shocks.
Ethereum futures long positions among top traders increased by over 3 percentage points across both USDT- and coin-margined markets, indicating a broad-based shift in short-term sentiment. This rise suggests heightened attention on ETH compared to ot...
NVIDIA announced that leading Japanese companies in robotics and manufacturing are adopting its Cosmos, Isaac, Metropolis, and Jetson platforms to accelerate AI-powered intelligent machines across industries. The new Cosmos 3 Edge model enables real-...
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...
