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CRCL Stock Jumps After a Hot PPI Report and Bitcoin Rebound: What Moved Circle and What Did Not
CRCL stock rose roughly 9% on October 15 as Bitcoin rebounded from a dip below $80,000 after a hotter than expected PPI report. USDC’s EU significant EMT status was reported the same week, but no source proves it drove the move. Falling Treasury yields and crypto sentiment are the better-documented context.
Former Cointelegraph CEO Joins Phase as Co-Founder and CEO
Alta raises $47.5M for blockchain backed by crypto skeptic Jack Zhang
Decrypt Becomes First News Publisher to Offer Perps Trading, Powered by Solana's Phoenix
How Far Can AI Trading Go Amid the Anti-Data Center Wave? It Depends on GPU Leasing Prices
After the midterm elections, data center construction faces risks of regulatory and approval tightening, but rising GPU leasing prices are expected to compensate for the losses from reduced capital expenditures. This mechanism will drive a structural rotation in AI investment logic: hyperscalers wit...
XRPL lending protocol gains validator support as vault vote advances
Tech Veteran: Anthropic IPO Will Be the Peak of AI Market in US Stocks, Will 'Aggressively Buy Chinese AI' If Conditions Allow
A long-time skeptic of AI, tech veteran Jack Selby stated that the Anthropic IPO may mark the peak of the AI market, potentially triggering a chain reaction of corrections once the lock-up period expires. He also pointed out that over 80% of Anthropic's revenue is non-recurring and high capital expe...
Moody's Projects Global Credit Deterioration by 2027 and Warns of the Impact of Rates and AI
The rating agency anticipates a deterioration in international credit conditions, despite major economies continuing to grow. The rising cost of financing, investments in artificial intelligence, and increased government intervention will mark the coming year.
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