‘The rally that wasn’t’: Bitcoin slides 14% in one week as ETF outflows, Strategy sale and oil prices hit sentiment
Bitcoin falls 13% to near $62K as Strategy's BTC sale, $4.2B in ETF outflows and macro headwinds pressure crypto markets....
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Anthropic's pre-IPO shares fall as US government shuts down its most powerful AI model
A jailbreak report prompted Washington to pull Fable 5 and Mythos 5 from all users. Anthropic complied but pushed back hard, saying the finding sets a standard that would halt the entire AI industry....
Wholesale inflation is back in focus. Here’s what PPI means for your money and Bitcoin
Bitcoin was designed as a hedge against inflation, but every hot inflation report in the past year has knocked its price lower, and Thursday's data was no different. The Producer Price Index rose 1.1% in May, lifting the annual increase to 6.5%, the fastest pace since November 2022 and well above the 0.7% monthly gain […] The post Wholesale inflation is back...