Category: crypto
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devs under 26 lost 20% of work since 2022
The 2026 AI Index from Stanford HAI shows a significant decline in employment for young software developers since the mainstream use of generative AI tools in late 2022. This trend is specific to AI-exposed roles, while occupations with low AI exposure are experiencing steady or growing employment across all age groups. The productivity gains from…
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senators probe Trump token dinner
Senate Democrats are investigating a memecoin conference at Mar-a-Lago restricted to top TRUMP token holders, with concerns over access to Trump and potential conflicts of interest. The investigation affects the CLARITY Act negotiations, with Democrats making ethics provisions on government officials’ crypto holdings a non-negotiable condition for their votes.
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Trump eyes power grids and water
Legal experts have called Trump’s threats against Iran’s civilian infrastructure a potential war crime. With the naval blockade in place and oil markets preparing for the worst-case scenario, the risk of escalation remains high. The ceasefire temporarily halted the threat, but recent events have brought it back to the forefront of the conflict.
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AI stocks flat as energy surges 30% in 2026
The AI stocks that led market gains have stalled in 2026, with the energy sector rising nearly 30% due to the Iran war. Investors are moving from AI to energy, defense, and dividend stocks. Energy gains are linked to oil shocks impacting crypto markets. Investors are waiting for signals to rotate back to tech after…
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Bitcoin price tests $72.6K ascending channel top
Bitcoin is trading at $72,330 on April 13, up 0.65% on the 4H chart, pressing the upper trendline of an ascending channel since late March. BlackRock’s IBIT led spot Bitcoin ETF inflows of $786 million last week. A close above $72,600 targets $74,000, while a drop below $70,000 invalidates the channel pattern.
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Hyperliquid price nears $46 channel resistance
Hyperliquid is trading at $43.60 on April 13, up 2.76% on the 4H chart, testing the upper boundary of an ascending channel from December 2025 lows near $22. The MACD histogram is at 0.03, indicating thinning momentum. A close above $46.22 targets $50, while a rejection may lead to a pullback.
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Ethereum price bounces off multi-year support trendline
Ethereum is trading at $2,255.04 in April 2026, up 7.09% on the monthly chart. The price tested and held the ascending support trendline connecting major lows since 2019. The monthly MACD histogram turned positive, signaling improving momentum. Analysts predict a 3x-4x increase in the next six months with a supply squeeze on exchanges.
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South Korea penalizes Coinone with a $3.5M fine for AML lapses
South Korean financial regulators have fined Coinone and suspended its business for three months due to anti-money laundering failures. Coinone is facing a 5.2 billion won fine for not verifying 70,000 user identities and processing transactions with unregistered foreign platforms despite warnings. This is part of a larger effort to tighten oversight of cryptocurrency exchanges…
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U.S. President says “the right people” seek deal despite start of Iran blockade
The U.S. initiated a naval blockade of Iranian ports to prevent extortion of the global community. President Trump warned of destroying Iranian vessels attempting to breach the blockade. Commercial ships can still transit the Strait of Hormuz. The blockade resulted from failed nuclear negotiations and has led to increased oil prices.
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ABA warns interest-bearing stablecoins could trigger $6.6 trillion in bank deposit flight
The American Bankers Association has warned that allowing stablecoins to offer interest could lead to a significant exodus of deposits from traditional banks, potentially shifting funds from smaller banks to larger institutions. Industry discussions are ongoing regarding a Senate bill on crypto oversight, with stablecoin yield restrictions being a key point of debate.