- Bitcoin cracks $60,000, sinking to lowest level since October 2024
The weeklong sell-off was exacerbated after a stronger-than-expected May jobs report Friday sent yields higher and pressured risk assets.
- LinkedIn co-founder Reid Hoffman is leaving Microsoft's board after almost a decade
Reid Hoffman was one of OpenAI's first donors, and he left its board in 2023 as the nonprofit cozied up with Microsoft.
- Boeing to start 737 Max production on new assembly line July 6, CEO says
The new 737 Max final assembly line in Everett, Washington, will serve as a catalyst for increasing Max production to 52 jets per month.
- Odds of a Fed hike this year jump on prediction markets
Following an unexpectedly hot jobs report, prediction market traders see a 52% chance the Federal Reserve increases interest rates this year.
- The gold chart looks precarious. Here's how to profit
Gold is at a technically precarious juncture, and the good news for you is that options market may be mispricing the risk.
- Trump Accounts don't 'rule' child investments, advisor says: How your options compare
Trump Accounts, along with 529 plans, custodial accounts for minors and Roth IRAs, are all valuable options depending on the child's needs and long-term goals.
- Amazon unveils latest warehouse robot as tech giants continue AI layoffs
"Our experience of robots is that it's actually driven up employment rather than the reverse," Amazon executive John Boumphrey told CNBC.
- AI is designing OpenAI's next model in a sign of 'superintelligence': SoftBank's Masayoshi Son to CNBC
SoftBank CEO Masayoshi Son said his forecast of artificial superintelligence arriving in 10 years was "conservative" and thinks it will be here sooner.
- Family offices bet on sports, from pickleball leagues to smart soccer balls
While AI startups dominate deal-making news, investment firms of the ultra-rich are still keen on sports.
- U.S. payrolls rose by 172,000 in May, much more than expected; unemployment at 4.3%
Nonfarm payrolls were expected to increase by 80,000 in May while the unemployment rate held at 4.3%.
- Saylor says Bitcoin needs ‘disciplined expansion’ as analysts weigh demand reset
Michael Saylor’s essay calls for Bitcoin to expand through banks, credit, securities and higher layers while preserving its base layer.
- Bitcoin teases 'seller exhaustion' as BTC price downside reaches $60.3K
Bitcoin sellers were losing steam, market analysis said as ongoing BTC price downside brought the market closer to $60,000.
- Zcash weighs new shielded pool after counterfeiting flaw
Zcash developers are weighing a new shielded pool and turnstile accounting after the Orchard bug raised supply verification questions.
- Bitcoin needs one more thing to happen to spark BTC price 'rally:' Analysis
Bitcoin whales flipped to support a BTC price rebound, but analysis warned that the Coinbase and Kimchi Premium still needed to return.
- How low can Bitcoin price go if $60K support fails?
Bitcoin’s downside targets cluster near $50,000, but a larger weekly bearish setup puts a deeper correction toward $33,000 on the radar.
- Strategy’s leveraged Bitcoin model has faced its first stress test: Grayscale
“Less Bitcoin on levered DAT balance sheets and more on diversified corporate balance sheets will be a positive,” said Grayscale’s head of research, Zach Pandl.
- Bitcoin fell 21% after Strategy’s debt buyback news: Is Terra Luna-style doom loop next?
Bitcoin price collapsed as Strategy faced tighter liquidity conditions and paused its BTC buying. Is it time to jump ship or buy the dip?
- Bitcoin bulls' fate rests on $60K support as crypto erases $2T in market cap
Bitcoin continued "incredible" 2022 bear market repeat behavior as sellers kept control over BTC price rebound attempts.
- Saylor downplays Bitcoin slide as Strategy faces $11B paper loss
Strategy’s Bitcoin paper loss tops $11 billion as Saylor pointed to ETF outflows and AI infrastructure spending as factors pressuring BTC.
- Bitcoin price just tagged 200-week trend line that defined 2022 bear market
Bitcoin brought back the trend line that functioned as resistance in the 2022 bear market, with BTC price RSI approaching its lowest in six years.
- An ice cream parlour survives Gaza’s genocide and gives seven students hope
Gaza medical and dental students sell ice cream in Khan Younis to fund their studies and keep their dreams alive
- Somalia declares order restored after two days of fighting in Mogadishu
Violence that paralysed two Mogadishu districts subsides, but opposition rejects president's rule and vows to fight on.
- Ballistics Putin’s ‘last argument’ as Ukraine brings his army to standstill
Russia’s performance since December shows it can contest territory but cannot hold it, say battlefield observers.
- US Senate passes $70bn ICE funding bill: What comes next?
Republicans pass key Trump initiative after marathon vote-a-rama, avoid barring controversial 'anti-weaponisation' fund.
- Zverev cruises past Mensik to reach second French Open final
Alexander Zverev will face either Flavio Cobolli or Matteo Arnaldi in final, after beating Jakub Mensik at French Open.
- Ireland imposes travel ban on Israeli ministers Ben-Gvir and Smotrich
Irish Taoiseach Martin says the ministers have shown 'a desire to see the elimination of Palestinians from Palestine'.
- Why Washington is reducing visa processing across Africa
US plans to centralise visa processing across Africa could increase cross-border travel for visa applicants.
- Israeli Knesset member backs settlement push in southern Syria
An Israeli Knesset member has publicly backed efforts to establish Israeli settlements in southern Syria.
- Man City chair Al Mubarak will ‘say everything’ after verdict on finances
English Premier League side Manchester City charged with 115 alleged breaches of financial rules.
- ‘Red meat is a dream’: Iran inflation hits highest level since World War II
The war with the US is not the only factor driving prices skywards.