Key Takeaways Fed Governor Adriana Kugler will resign on August 8 to rejoin Georgetown University. Her departure opens a Board vacancy that must be filled by a new nomination from President Trump. Share this article Federal Reserve Governor Adriana Kugler will depart the Board of Governors next Friday, August 8, to return to a faculty…
Louise Matsakis: I got to say, I think calling this a migration is maybe underselling it. This is an evacuation, no? I find this sad in a lot of ways just because I remember when Tuvalu was kind of the poster child for climate change, and it was like, we have to save places like…
The Trump tariff news is wrecking the crypto and equities markets. Bitcoin’s floor gave way in Asia cracking to $114,250 and marking its lowest level since June 11. Three weeks of sideways chop ended in one clean move south that went as low as $111,000. According to CoinGlass, 158,000 traders were liquidated in the past…
A closely followed crypto analyst says that one metric suggests Bitcoin (BTC) may decline to under $110,000 after losing a key support level. In a new thread, crypto trader Ali Martinez tells his 145,400 followers on the social media platform X that Bitcoin may decline more than 7% from its current value as the flagship…
A jury in federal court in Miami has found Tesla partly to blame for a fatal 2019 crash that involved the use of the company’s Autopilot driver assistance system. The jury awarded the plaintiffs $200 million in punitive damages, along with compensatory damages. Neither the driver of the car nor the Autopilot system braked in…
Based on the latest metrics, July proved to be a milestone month for dormant bitcoin activity, with a staggering $9.69 billion in aged coins springing to life. Kicking off August with more action, an address untouched for over 12 years suddenly stirred—moving $35.36 million worth of bitcoin for the very first time. Bitcoin’s Vintage Revival…
TL;DR Dogecoin dropped to $0.20, moving in a $0.23 to $0.20 range during heavy selling. Analysts see support in the long-term channel and a wedge pattern aiming for $0.265. Large holders bought 310 million coins, while Bit Origin added 40 million to reserves. Dogecoin Records Sharp Daily Decline Dogecoin (DOGE) fell 8% in the past…
Apple is facing high tariff costs in the current quarter, projected to reach a whopping $1.1 billion. The company’s CEO Tim Cook shared the projections, based on current rates and policies, with investors during an earnings call on Thursday. The hike comes amid a continuous trade war between China and the U.S. government. SEE ALSO:…
U.S. Treasury Secretary Scott Bessent says the United States has entered a golden era of cryptocurrency as it looks to unlock new possibilities with blockchain technology. Summary U.S. Treasury Secretary Scott Bessent posted on X that the U.S. has entered a new age with crypto. Companies and protocols should build their projects in the United…
On Thursday, indie gaming platform Itch.io began re-indexing some of the adult content it had delisted last month amid pressure from conservative groups and payment processors over its hosting of NSFW titles. While the move returns some content to the site’s searchable catalog, it impacts only those games, comics, and other offerings that are already…
