Key Takeaways Interactive Brokers’ Steve Sosnick warns crypto bought by performance chasers will be sold by performance chasers. Spot bitcoin ETFs lost $1.42 billion last week, the third-highest weekly outflow on record. A real conviction-based rally, Sosnick argues, depends on holders who do not flee at the first AI-stock distraction. The “ Crypto Tourist” Thesis…
Bitcoin ETFs have recorded $3.45 billion in net outflows across 11 consecutive trading sessions after another $483.8 million left the funds on Monday, as investors reacted to geopolitical tensions and renewed selling pressure in the crypto market. Summary U.S. spot Bitcoin ETFs recorded $483.8 million in net outflows on Monday, extending their losing streak to…
The project backed by a16z Crypto and Coinbase Ventures is building the infrastructure layer where artificial intelligence and blockchain finally meet. Artificial intelligence is becoming a core component of modern applications, powering everything from chatbots and autonomous agents to financial analysis platforms and decentralized applications. Yet despite its growing importance, AI still faces a major…
Vivid Seats has been part of some of the highest of highs and lowest of lows of my concert-going experience. Because of Vivid Seats, I was able to get a last-minute ticket to Chance the Rapper’s sold-out Coloring Book show at the Oracle Arena in Oakland in 2017 (before he fell off; IYKYK). Vivid Seats…
Bitcoin prices are poised top fall further following the loss of a key cost basis level, according to analysts. Bitcoin is on “the edge of a breakdown,” reported onchain analytics firm Swissblock on Monday. The analysts noted that the loss of the “Cost Basis Zone” has already triggered a decisive drawdown. Consolidation inside this…
On June 1, 2026, Binance launched trading in over 7,000 U.S. stocks and ETFs for eligible non-U.S. users, marking a major expansion from crypto into traditional assets. The product allows investors to gain exposure to U.S. equities with small amounts of capital, settle transactions using supported digital assets, and trade on a 24/5 schedule. In…
Google parent company Alphabet said Monday that it plans to raise $80 billion to help pay for the massive AI infrastructure buildout it has planned. Alphabet will sell off that amount in stock and will then use the funds to pay for “general corporate purposes, including capital expenditures to scale AI infrastructure and global compute,”…
Key Takeaways U2 sought Apple shares in 2004; Steve Jobs rejected equity and reshaped the deal. Apple’s 2004 iPod U2 Edition boosted sales, showing product-led marketing power. Jobs’ 2004 strategy still influences brand partnerships and celebrity tie-ins today. Back in 2004, U2 tried to trade star power for Apple stock. Steve Jobs said no, then…
Coinbase has intensified its push for U.S. crypto market rules as Senate lawmakers prepare for a decisive vote on the CLARITY Act this month. Summary Coinbase’s Faryar Shirzad said the CLARITY Act could become the biggest U.S. financial regulatory bill since Dodd-Frank. The bill cleared the Senate Banking Committee by a 15-9 vote and now…
Meta is reportedly developing an AI pendant as part of a broader wearable hardware push that includes smart glasses and workplace tools. The post Meta Plans AI Pendant, New Smart Glasses in ‘Wearables for Work’ Expansion appeared first on TechRepublic. Source link
