Daily Spotlight: Raising GDP Estimates
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Crypto
Coinbase offers crypto-backed loans on staked ETH and SOL, hitting $2.3 billion in originations
Coinbase's crypto-backed loans enhance liquidity options for US investors, but rising rates and market volatility pose significant risks. The post Coinbase offers crypto-backed loans on staked ETH and SOL, hitting $2.3 billion in originations appeared first on Crypto Briefing.
Crypto
U.S. senators urge Treasury not to leave states out of GENIUS Act stablecoin process
Senators led by Republican Cynthia Lummis are insisting the Treasury Department ensure states get a process to prove their ability to supervise stablecoins.
Business
EV-maker Rivian cuts hundreds of jobs after launching new SUV
Rivian laid off hundreds of workers in its service and customer division as the EV maker restructures teams to profitably scale its business.
Crypto
Bitcoin metric near ‘low-risk’ zone after holders absorb 125K BTC in June: Time for a rebound?
Bitcoin’s Sharpe ratio and a 125,000 BTC increase in BTC accumulator demand mark the start of a new demand phase. Will prices follow?
Crypto
Bank of Japan raises rates to 1%, highest since 1995 amid inflation concerns
The BOJ's rate hike may trigger a global shift in investment strategies, impacting risk assets and potentially stabilizing inflation. The post Bank of Japan raises rates to 1%, highest since 1995 amid inflation concerns appeared first on Crypto Briefing.
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Crypto
Coinbase offers crypto-backed loans on staked ETH and SOL, hitting $2.3 billion in originations
Coinbase's crypto-backed loans enhance liquidity options for US investors, but rising rates and market volatility pose significant risks. The post Coinbase offers crypto-backed loans on staked ETH and SOL, hitting $2.3 billion in originations appeared first on Crypto Briefing.
Crypto
U.S. senators urge Treasury not to leave states out of GENIUS Act stablecoin process
Senators led by Republican Cynthia Lummis are insisting the Treasury Department ensure states get a process to prove their ability to supervise stablecoins.
Business
EV-maker Rivian cuts hundreds of jobs after launching new SUV
Rivian laid off hundreds of workers in its service and customer division as the EV maker restructures teams to profitably scale its business.
Crypto
Bitcoin metric near ‘low-risk’ zone after holders absorb 125K BTC in June: Time for a rebound?
Bitcoin’s Sharpe ratio and a 125,000 BTC increase in BTC accumulator demand mark the start of a new demand phase. Will prices follow?
Crypto
Bank of Japan raises rates to 1%, highest since 1995 amid inflation concerns
The BOJ's rate hike may trigger a global shift in investment strategies, impacting risk assets and potentially stabilizing inflation. The post Bank of Japan raises rates to 1%, highest since 1995 amid inflation concerns appeared first on Crypto Briefing.
Crypto
Crypto PAC has $12M stake in Senate primary runoff as Alabama voters head to polls
Defend American Jobs reported spending $7.4 million on media to support Republican Barry Moore ahead of his May 20 Alabama primary, and an additional $4.7 million before Tuesday’s runoffs.
Crypto
Coinbase intoduces AI advisor, stock options, and pre-IPO markets in finance push
The crypto exchange is expanding into investing, derivatives and banking services as it pursues an all-in-one financial platform.
Crypto
Z.AI releases GLM-5.2 with 1M context window on Hugging Face
GLM-5.2's expansive context window could revolutionize coding workflows by enabling seamless processing of extensive codebases, enhancing efficiency. The post Z.AI releases GLM-5.2 with 1M context window on Hugging Face appeared first on Crypto Briefing.
