Bitcoin and Ethereum funds shed over $876 million in the past week due to market uncertainty. The large outflow was mainly attributed to the Oct 10 flash crash and growing concerns about a December rate cut from the Federal Reserve. The Fidelity Wise Original Bitcoin Fund and BlackRock’s iShares Bitcoin and Ethereum funds accounted for … Read more
Bitcoin fell below $98,000 for the first time since May, due to cooling economic activity in China and fading hopes for a Federal Reserve rate cut. This led to significant declines in major cryptocurrencies, with over $1 billion in leveraged crypto positions being liquidated. A key driver of the downturn was China’s latest dataset showing … Read more
A US District Judge is weighing whether to dismiss cases brought by Lindsey Halligan, a Trump ally with no prosecutorial experience, against former FBI Director James Comey and New York Attorney General Letitia James. The Justice Department lawyer, Henry Whitaker, characterized questions about Halligan’s appointment as a “paperwork error.” However, the judge has serious concerns, … Read more
I’ve been using NotebookLM daily for most of this year, and it’s helped me develop a few simple habits that significantly enhance its functionality. These routines go beyond prompt engineering and have made a huge difference in my workflow. Firstly, I sync my folders to Google Drive, which has become my primary tool for syncing … Read more
US Senator John Fetterman, 56, was hospitalized in Pittsburgh after falling while walking near his home due to a heart rhythm issue that left him feeling lightheaded. The incident occurred during a morning walk in Braddock, Pennsylvania. Fetterman has a history of health issues since suffering a near-fatal stroke in 2022 when he was running … Read more
Payment services provider Checkout.com is taking an unusual approach to dealing with a recent cybercrime extortion demand. Instead of paying the demanded amount, the company has decided to donate it to fund cybercrime research. CTO Mariano Albera took full responsibility for the security incident and apologized to partners and customers, stating that his company will … Read more
Maryland lawmakers are set to tackle a significantly tougher budget challenge when they return to Annapolis, facing a $1.4 billion gap in the next state budget. New estimates show that economic woes and federal tax changes are cutting into state revenues more than expected, while costs for Medicaid, child care programs, and other services are … Read more
After the government shutdown ended, US stocks experienced their worst day in a month, wiping out a recent rally. Concerns over delayed economic data, slowing interest-rate cuts, and tech giant valuations drove declines across the board. The Dow Jones plummeted 800 points, with smaller companies also feeling the pinch. Bitcoin fell to its lowest level … Read more
Disney CEO Bob Iger has defended his company’s stance in the dispute over distribution fees with Google-owned YouTube TV, which has left 10 million customers without access to its channels for 14 days. Google disputes Disney’s demands, citing ratings declines at ABC and other channels. The two sides are working on a new deal, but … Read more
Investors are betting big on Oracle’s (ORCL) partnership with OpenAI, a cutting-edge artificial intelligence company. As a result, Oracle stock has seen significant drops due to the downturn of the overall market. However, the relationship between the two companies is expected to drive growth in the AI sector, making it an attractive investment opportunity for … Read more