Meltem Demirors argues that the rise of spot Bitcoin ETFs has caused a crisis in cryptocurrency's identity, shifting it from a decentralized alternative to a tool absorbed by traditional finance. While ETFs have increased institutional access, they have not enhanced Bitcoin's utility, turning it into more of a speculative asset. This shift alienates early supporters who valued crypto's anti-establishment roots, even as some see ETFs as necessary for crypto's growth and mainstream adoption. Meanwhile, in developing countries, Bitcoin and stablecoins continue to serve as vital economic tools, providing value storage and cross-border payment solutions.
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...
