Author: GT

Bitcoin Volatility Hits 6-Month High as U.S. Economic Uncertainty Drives Market Instability Bitcoin’s price volatility has hit a six-month high, mainly due to macroeconomic concerns such as trade tensions, inflation risks, and economic uncertainty in the U.S. The cryptocurrency’s 30-day volatility reached 3.6% on Wednesday, up from 1.6% a month ago, according to CoinGlass. While lower than last year’s peak of 4.3%, this increase signals that Bitcoin’s price fluctuations are likely to continue. Analysts, including Greg Magadini of Amberdata, attribute this to broader economic concerns, including Trump’s trade policies and inflation fears. Magadini noted that this high-volatility environment will likely…

A federal judge on Thursday issued an order blocking Elon Musk’s Department of Government Efficiency from accessing systems at the Social Security Administration (SSA) that store the personal information of millions of Americans. In the Thursday ruling, U.S. District Judge Ellen Hollander in Maryland accused DOGE of being “essentially engaged in a fishing expedition” in search of fraud based on “little more than suspicion.” Hollander said DOGE “never identified or articulated” a reason why it needs access to the “personal and private data of millions of Americans.”  The access, per Hollander, violates several federal privacy laws, and the order warned…

real estate tokenization In a statement posted to social media platform X, General Partner at VanEck Ventures Wyatt Lonergan and Partner Juan Lopez announced the firm’s investment in Manifest, a platform bringing American real estate into decentralized finance (DeFi). Manifest, which is “launching soon” according to its website, offers a “tokenized ETF” $USH (U.S. Housing) backed by home equity investments (HEIs). “Manifest is actually pioneering a new kind of tokenization in our view by applying ETF-style diversification to U.S. real estate and packaging it as a smart contract available across public blockchains,” Lopez told etf.com. “Unlike conventional ETFs trading on…

Apple has been sued in federal court over what plaintiffs allege is false advertising of several Apple Intelligence features. Filed Wednesday in U.S. District Court in San Jose, the suit seeks class-action status and damages on behalf of those who purchased Apple Intelligence-capable iPhones and other devices. Plaintiffs claim that device owners haven’t received the Apple Intelligence features they were promised. “Apple’s advertisements [cultivated] a clear and reasonable consumer expectation that these transformative features would be available upon the iPhone’s release,” reads the complaint filed by attorneys for the plaintiffs. “Contrary to defendant’s claims of advanced AI capabilities, the products offered…

The rise of institutional Bitcoin adoption has divided the crypto community. While some purists believe Bitcoin was created to operate outside of government and institutional control, others welcome the involvement of financial giants like BlackRock and the U.S. government, seeing it as a catalyst for mainstream adoption. Speaking on TheStreet Roundtable, macro investor and 10T Holdings founder Dan Tapiero acknowledged the dilemma. “The ETF really changed things in terms of awareness, making it easy for people to just push a button, and all of a sudden, in their equity account, they’re long Bitcoin,” he said. “Again, they’re long the ETF,…

Nvidia took San Jose by storm this year, with a record-breaking 25,000 attendees flocking to the San Jose Convention Center and surrounding downtown buildings. Many workshops, talks, and panels were so packed that people had to lean against walls or sit on the floor — and suffer the wrath of organizers shouting commands to get them to line up properly. Nvidia currently sits at the top of the AI world, with record-breaking financials, sky-high profit margins, and no serious competitors yet. But the coming months also hold unprecedented risk for the company as it faces U.S. tariffs, DeepSeek, and shifting…

U.S. President Donald Trump speaks during the signing event for an executive order to shut down the Department of Education, in the East Room at the White House in Washington, D.C., U.S., March 20, 2025. Carlos Barria | ReutersPresident Donald Trump on Thursday signed an executive order to increase domestic production of critical minerals, including uranium, copper, potash, gold and possibly coal.Trump directed federal agencies to compile lists of pending mineral projects and expedite their review in coordination with the National Energy Dominance Council led by Interior Secretary Doug Burgum, a White House official said.The president also directed Burgum to prioritize…

NEW YORK — President Donald Trump dropped a video into a crypto event on Thursday, amping up his pro-crypto sentiment with an assertion that crypto will spark economic growth, though he didn’t offer any of the new policies attendees had hoped he might announce. Crypto is “as big as you can get,” he said during a brief pre-taped speech at the Digital Asset Summit in Manhattan. His remarks were met by a standing room-only crowd, as he praised crypto, continuing a goodwill tour that has netted him financial and electoral support from the crypto industry. “Pioneers like you will be…

Signage outside the Micron offices in San Jose, California, on Dec. 17, 2024.David Paul Morris | Bloomberg | Getty ImagesMicron shares popped 6% in extended trading Thursday after the company reported second-quarter results that beat analysts’ estimates and offered better-than-expected guidance.Here’s how the company did:Earnings per share: $1.56, adjusted vs. $1.42 expected by LSEGRevenue: $8.05 billion vs. $7.89 billion expected by LSEGRevenue increased 38% from $5.82 billion during the same period in 2024, Micron said in a press release. The memory and storage solutions company reported net income of $1.58 billion, or $1.41 per share, up from $793 million, or…

The European Union has sent Apple preliminary instructions on how it expects the iPhone maker to comply with interoperability provisions in the bloc’s Digital Markets Act (DMA), its flagship market contestability reform. According to the Commission, device manufacturers and app developers should be able to access nine iOS connectivity features that were restricted to Apple’s exclusive use before, such as peer-to-peer Wi-Fi connectivity, NFC features and device pairing. As a result, Bluetooth headphones, smartwatches, connected TVs, or other, non-Apple devices should work better with an iPhone. Google could use this opportunity to make AirDrop work with Android devices. Headphone manufacturers…