Bitcoin has returned to its all-time high of $124,000 per bitcoin this week while stock markets and crypto have also surged as traders brace for a 2026 Wall Street bombshell. Sign up now for CryptoCodex—A free crypto newsletter that will get you ahead of the market The bitcoin price, which has doubled over the last…
Sam Altman, chief executive officer of OpenAI Inc., during a media tour of the Stargate AI data center in Abilene, Texas, US, on Tuesday, Sept. 23, 2025. Kyle Grillot | Bloomberg | Getty Images OpenAI has finalized a secondary share sale totaling $6.6 billion, allowing current and former employees to sell stock at a record…
Common sense tells us there are two things in our economy that are going to blow up in our faces sooner or later: artificial intelligence (AI) and cryptocurrency. AI is dangerous because of wild expectations about the role of AI in our future and trillions of dollars of unrestrained spending on it, particularly for data…
42m agoWed 1 Oct 2025 at 2:22am Market snapshot at midday ASX 200: -0.4% to 8,812 points Australian dollar: -0.2% to 66.0 US cents Nikkei: -1.1% to 44,430 points S&P 500: +0.4% to 6,688 points Nasdaq: +0.3% to 22,660 points FTSE: +0.5% to 9,350 points EuroStoxx: +0.5% to 558 points Spot gold: +0.2% to $US3,866/ounce…
Economist Peter Schiff warned Thursday of a severe bear market for Michael Saylor-led Strategy Inc. (NASDAQ: MSTR) and companies mimicking its Bitcoin (CRYPTO: BTC) treasury play. In an X post, Schiff questioned the viability of companies with large Bitcoin reserves. “While so many companies have been busy copying Saylor’s harebrained business strategy, few have noticed that MSTR…
First came the digital-asset treasuries—public companies that raised equity, bought crypto and watched their stock prices soar. It was a kind of financial alchemy: tap the stock market to buy tokens, then let the market reward you for holding them. Now comes the effort to scale that trade. GSR, a crypto market-maker, filed to launch…
Sam Altman, CEO of OpenAI (L), and Jensen Huang CEO of Nvidia. Reuters ABILENE, Texas – Sam Altman had a deadline. OpenAI’s CEO was headed to Texas to unveil his company’s next big infrastructure push, and Nvidia CEO Jensen Huang wanted in on the action. Through a series of hurried negotiations, late-night calls and last-minute…
Benzinga and Yahoo Finance LLC may earn commission or revenue on some items through the links below. Warren Buffett‘s public disdain for Bitcoin has not stopped one of his adherents from driving a 94-year-old mutual fund giant’s push into the leading cryptocurrency. Mutual fund manager Capital Group has poured roughly $1 billion into Bitcoin-related…
A growing number of Hong Kong-listed firms are snapping up cryptocurrency on the back of rising bitcoin prices and the popularity of digital asset treasury (DAT) companies in the US. Investment bank China Renaissance, which helped fund many leading Chinese tech firms, and Yunfeng Financial Group, backed by Alibaba Group Holding founder Jack Ma, are…
Trading of BNB on OSL was strictly limited to institutional investors with a portfolio of at least HK$8 million (US$1.02 million), who are allowed to trade the token with US dollars as well as the world’s two largest stablecoins, USDT and USDC. In a post on X on Wednesday, Zhao – also known as CZ…