The US Commerce Department is easing export controls on the United Arab Emirates, including favorable review of semiconductor and server export licenses for MGX, a UAE-backed firm that invested $2 billion in Binance using a Trump family-linked stablecoin. This move upgrades the UAE's status as a Major Defense Partner, facilitating advanced tech exports while raising national security concerns. Senator Elizabeth Warren criticized the decision, citing potential conflicts of interest and risks of sensitive technology diversion to China, and called for congressional hearings. The rule also streamlines export processes for major tech companies operating in the UAE but maintains restrictions to protect sensitive technology.
Guinness Atkinson introduced the GAIQ ETF, offering investors concentrated access to global innovation themes through a portfolio of about 30 companies focused on technology, communications, and globalization. The ETF mirrors the strategy of its long...
Ziff Davis has earned a 'strong buy' rating due to its effective strategy of acquiring, improving, and selling digital assets at premiums, similar to private equity. Despite slight declines in revenue and EBITDA, its aggressive share buyback program ...
Bitcoin's price has fallen to its cost of production zone, a level historically marking bear market bottoms, currently holding near $63,000 to $64,000, about 50% below its 2025 peak. Spot Bitcoin ETFs saw $144.6 million in outflows on August 10, brea...
Bitcoin's price barely moved after the July 2026 CPI report, rising only 0.33%, marking the third month of weak responses to inflation data. This shift reflects a breakdown in the previous strong correlation between Bitcoin and monetary policy expect...
HYPE price climbed to around $57.33, marking a 4.09% gain after Bitwise purchased 28,085.8 tokens worth $1.52 million and moved them to its custody wallet, reducing tokens available on exchanges. Exchange netflows were negative $1.46 million, indicat...
