The UK government is stepping up its push to build sovereign artificial intelligence capabilities, announcing a new partnership with Meta to develop open-source AI tools for transport, public safety, and defence. The initiative, as reported by Reuters, reflects a broader effort to embed AI directly into government operations while keeping control of data, systems, and
Binance Coin (BNB) is currently testing a critical resistance zone near $915. The cryptocurrency, which is the native token within the Binance ecosystem, has seen modest gains over the past 24 hours, trading around $880.18. The altcoin’s price has risen by 0.8% in a day, reflecting cautious optimism among traders. The 24-hour trading range has fluctuated
Pinterest Inc (NYSE: PINS) is in focus this morning after the social media platform said it will lay off nearly 15% of its workforce and downsize office space considerably to “reallocate resources”. The visual search engine believes these cuts will be completed by late September, and result in up to $45 million of pre-tax restructuring
Winter Storm Fern hammered the US this weekend, and Rystad Energy has warned that the deep freeze will continue to wreak havoc on US onshore oil and gas production. “Natural gas supply outages have emerged across the US in the wake of Winter Storm Fern, with an initial loss of 2 billion cubic feet per
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Wednesday came with a a fast-spreading shockwave across geopolitics, markets, and human rights. Donald Trump ignited transatlantic tensions by declaring the US Greenland’s sole guardian, triggering EU retaliation. At Davos, Jamie Dimon torched a proposed credit-card rate cap as economically ruinous. Meanwhile, Amnesty International detailed Iran’s lethal crackdown on bystanders, and global risk aversion sent
Bitcoin rose alongside US equities on Wednesday after President Donald Trump said he hopes to sign market structure legislation for digital assets “very soon” during a World Economic Forum speech in Davos. The remarks helped lift sentiment across risk assets. Data from TradingView showed daily Bitcoin gains of about 1.7% around the time of the
BitGo is poised to become the first cryptocurrency company to list in the United States this year after pricing its initial public offering above expectations, in a milestone debut for the digital asset industry amid ongoing regulatory and market uncertainty. The Palo Alto-based firm, one of the largest crypto custody providers in the US, said
US spot Bitcoin and Ether exchange-traded funds recorded significantly wider outflows on Wednesday, underscoring continued institutional risk aversion as macroeconomic and geopolitical uncertainty weighed on digital asset markets. According to data from Farside Investors, spot Bitcoin ETFs saw a combined daily net outflow of $708.7 million, marking the largest single-day redemption in roughly two months.
Bitcoin’s advance toward $90,000 stalled as a wave of coins flowed to exchanges, while on-chain data showed holders slipping into net realized losses for the first time since October 2023. At the same time, spot market signals have brightened, creating a mixed setup in which rising supply meets tentative demand, according to multiple analytics firms.