Peter Schiff argues that the rise of artificial intelligence (AI) poses a threat to Bitcoin rather than benefiting it. He believes AI and Bitcoin compete for speculative investment capital and resources like electricity and data centers. More critically, Schiff warns that advanced AI could uncover vulnerabilities in Bitcoin's software or cryptography that humans have missed, potentially compromising its security. He also dismisses Bitcoin as a good investment or inflation hedge, recommending gold and silver instead.
Microsoft went ex-dividend on August 20, 2026, paying $0.91 per share, the largest dividend payout among 26 companies that day, totaling over $6.7 billion. Despite a 6.46% decline in free cash flow year-over-year, Microsoft’s capital expenditures sur...
Ripple CEO Brad Garlinghouse announced that U.S. cryptocurrency regulation is approaching a decisive moment following recent meetings at the White House and the Commodity Futures Trading Commission (CFTC). These discussions brought together crypto le...
Micron Technology's CEO revealed customers have committed $22 billion in cash deposits on take-or-pay contracts, with demand exceeding supply by 50%. The company reported strong Q3 results with $41.46 billion revenue and expects $50 billion in Q4. De...
US-Canada trade negotiations have collapsed amid US concerns that China-made steel and aluminum could enter the US market through Canada via transshipment. The US wants Canada to adopt stricter measures to prevent foreign steel from entering North Am...
LayerZero's ZRO token surged 14.42% to around $1.16, approaching a key resistance at $1.20, supported by a 15.46% rise in trading volume to $115.9 million. The price rally was backed by increased derivatives open interest, up 15.75% to $126.33 millio...
