Category: crypto

The US is expecting the March Consumer Price Index to show a significant increase in inflation, largely due to the energy shock caused by the Iran war. Economists forecast a 0.9 percent monthly increase and a 3.3 percent annual increase, with the Federal Reserve expected to hold interest rates steady. The data will reflect the…

Render price is up 3.55% on April 9, forming a W pattern on the daily chart with Supertrend turning green and MACD histogram positive. $2.646 resistance is the pattern confirmation trigger, with a target of $3.00. Failure to stay above $1.631 support could invalidate the recovery thesis.

AAVE price is trading around $91.02 on April 9, with $100 now acting as resistance after a recent drop. The 4H Supertrend is bearish, the MACD histogram is negative at 0.85, and the next support level is at $77.97. The market sentiment for AAVE has been impacted by recent events, including the departure of technical…

xAI, Elon Musk’s company, is suing Colorado to block Senate Bill 24-205 that aims to prevent discrimination by AI systems in sensitive areas like housing and employment. xAI argues that the state is trying to influence the content of its Grok chatbot, hindering its goal of being a truthful platform. Meanwhile, at the federal level,…

CAEX has received major financial backing from OKX Ventures and HashKey Capital to enter Vietnam’s tightly regulated digital asset market. The Vietnamese government is implementing a five-year pilot program with strict regulations, including a high capital requirement. CAEX aims to comply with these requirements to operate legally in Vietnam and build trust with users.

The Japanese government amended the Financial Instruments and Exchange Act to officially classify cryptocurrency as financial instruments. New regulations ban insider trading and require asset issuers to provide transparent financial disclosures annually. The government is also overhauling the tax structure to encourage market participation and plans to legalize crypto exchange-traded funds by 2028.

World Liberty Financial dismissed concerns over its borrowing on Dolomite as “FUD,” despite depositing 5 billion WLFI tokens to borrow $75 million in stablecoins before a major foreign policy announcement. Analysts warn of liquidation risks due to the high concentration of WLFI on Dolomite, but World Liberty maintains confidence in its position.

OpenAI launched a Safety Fellowship offering $3,850 weekly stipends to researchers studying risks of advanced AI, after dissolving internal safety teams. The fellowship runs from September 14, 2026 to February 5, 2027, focusing on various safety areas. Fellows work independently, with access to resources and mentorship, but not internal systems.

Meta is cutting 198 California jobs while planning $115 billion to $135 billion in 2026 capital expenditure on AI infrastructure. The cuts are part of ongoing restructuring, with 519 positions eliminated in 2026. CEO Mark Zuckerberg sees AI as reducing the need for human workers, despite hiring for specialized roles.

Defense Secretary Pete Hegseth shocked military officials by firing Army Chief of Staff Gen. Randy George while the 82nd Airborne Division deployed to the Middle East, replacing him with Gen. Christopher LaNeve. The firing was due to clashing personalities, not policy disagreements. This is part of a pattern of Hegseth removing senior military officials since…