Here’s how much the AI boom is contributing to inflation, according to Goldman Sachs calculations
Goldman Sachs economists have calculated how much the AI boom has contributed to inflation. Source:MarketWatch
Charles Schwab and DoorDash ranked among bargain stocks that could lead the market higher
Thirdquarter earnings growth is expected to be driven by energy and semiconductor companies, but what if the rest of the market shows up? HSBC envisages a…
Dutch central bank grants Qivalis e-money license for MiCA-compliant euro token
Backed by BBVA, BNP Paribas, and ING, Qivalis secured Dutch regulatory authorization to offer onchain euro settlement infrastructure. Source:CoinDesk
Coins.ph says Philippine central bank license intact amid revocation claims
Coins.ph says its Philippine central bank license remains intact amid reports of possible revocation over alleged offshore gambling transactions.…
Bitcoin holds above $83,000 ahead of U.S. inflation data as altcoins lag
Bitcoin briefly reached $84,000 before easing back, while the CoinDesk 80 fell 0.6% since midnight as traders waited for U.S. inflation data. Source:CoinDesk
BlackRock now has assets equal to half the size of the U.S. economy after 15% growth
Fundmanagement giant BlackRock on Wednesday said assets under management are nearly $15.5 trillion after growth of 15%. Source:MarketWatch
CryptoQuant’s 3 charts keeping Bitcoin’s ‘Uptober’ thesis valid
Bitcoin onchain analysis eyed a “potential bottom” for BTC price action in early October as demand weathered external headwinds. Source:Cointelegraph
Bitcoin will become ‘less volatile’ and larger than gold: ‘The Bitcoin Standard’ author
Saifedean Ammous argues that Bitcoin already functions as money when held as a store of value; expects it will become larger and less volatile than gold as it…
Live updates: Bitcoin tumbles from near $84,000 ahead of U.S. inflation data
A brief run at $84,000 faded within the hour as tech stocks stalled and the chip selloff rolled on. Traders are waiting on the September CPI print.…
‘I earn $110,000 a year’: I lost my home in the Great Recession. I’m renting in my 50s. Why is that judged as failure?
“I lost my job and eventually my home — and it’s still hard.” Source:MarketWatch
Proposed French tax on regulated stablecoins could drive crypto traders offshore
Chainalysis CEO in France Francois Volpoet warned the proposed 31.4% tax on regulated stablecoins could push traders toward unmonitored offshore channels.…
Chip bellwether ASML says customers are already asking to place orders — for 2030
The Dutch supplier for the semiconductor industry said there is strong interest in placing orders for 2029 and 2030. Source:MarketWatch