Oil prices increased after U.S. President Donald Trump announced that China agreed to purchase oil from the U.S. following talks with Chinese leader Xi Jinping. Brent crude rose 1.49% to $107.30 a barrel, and U.S. West Texas Intermediate gained 1.55% to $102.74 per barrel. However, China has not confirmed these purchases, and there was no official response from Chinese authorities. The price gains were also supported by agreements between the two leaders to keep the Strait of Hormuz open, a vital oil shipping route, with China opposing militarization or toll charges for its use. U.S. Treasury Secretary also noted China's interest in reopening the strait, which is crucial for global oil supply.
OpenAI has released Multi-Agent v2, an upgrade allowing its GPT-5.6 Sol and Terra AI models to delegate tasks to the faster Luna model, fixing a previous compatibility issue. This update enables more efficient workflows by letting high-capacity model...
Investment advisor Ross Gerber criticized Bitcoin's practical use, arguing that gold remains easier to use in daily transactions despite Bitcoin's promises as a global payment system. He also highlighted a shift in Bitcoin mining, with miners focusin...
Bitcoin is expected to maintain a floor above $60,000, with potential to reach $1 million by 2030, driven by ongoing central bank money printing and liquidity conditions. Recent events like the Coldcard breach and BIP-110 fork test showed Bitcoin's r...
Publicly traded Bitcoin mining companies are reducing their mining capacity more quickly than the overall Bitcoin network as many shift resources toward AI and high-performance computing. This shift reflects a preference for more stable income stream...
Aave V3 now holds more than half of all tokenized gold deposits used as collateral in decentralized finance (DeFi), primarily through gold-backed tokens like PAXG and XAUT. This dominance highlights a shift toward using stable, commodity-backed asset...
