The US Office of Management and Budget (OMB) issued two directives specifying policies and deadlines for deploying AI tools that enhance public services, providing a roadmap for implementing US President Donald Trump’s executive order advance US “dominance” in the use and development of artificial intelligence. According to two memorandums from April 3, all government agencies…
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Bitcoin (BTC) is showing “signs of resilience” even as stocks and the broader cryptocurrency market plunge amid a global market sell-off after US President Donald Trump imposed sweeping tariffs on US imports last week, Binance Research said. As of mid-day trading on April 7, Bitcoin is up almost 1% to nearly $79,000. Meanwhile, the S&P…
Ether (ETH) price dropped to $1,410 on April 7, marking its lowest level since March 2023. This sharp decline triggered liquidations of leveraged ETH futures worth over $370 million in 2 days, according to CoinGlass data. However, the altcoin managed to recover above the $1,500 mark as the S&P 500 index reclaimed its psychological 5,000…
Al sumergirse en el caos de los mercados globales, el estratega senior de productos básicos de Bloomberg, Mike McGlone, advierte que más agitación podría estar en camino. En una entrevista exclusiva con CointeleGraph, McGlone señala a las liquidaciones de profundización del mercado, intensificada por las guerras tarifas continuas del presidente de los Estados Unidos, Donald…
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Bitcoin (BTC) fell below $75,000 on April 6, pressured by traditional markets as S&P 500 futures hit their lowest levels since January 2024. The initial panic also caused WTI oil futures to drop below $60 for the first time in four years. However, markets later recovered some losses, allowing Bitcoin to reclaim the $78,000 level….
El ex CEO de Binance, Changpeng “CZ” Zhao, ha sido nombrado asesor del Consejo Crypto de Pakistán, un organismo regulatorio recién formado encargado de supervisar el adopción del país de tecnología blockchain y activos digitales. El Ministerio de Finanzas de Pakistán confirmó el nombramiento y informó el 7 de abril. Zhao asesorará al organismo regulatorio…
Global financial markets continued to tumble on April 7, as US equities dropped more than 3%, wiping more than $2 trillion in value on market open. The pullback saw the S&P 500 drop 2.79%, with the index officially entering a bear market, following a 20% decline from its recent all-time highs. However, the SPX momentarily…
Key Takeaways The Fed faces pressure to consider an emergency rate cut amid market turmoil. JPMorgan’s Bob Michele raised the flags that companies are under strain. Share this article The Federal Reserve may need to implement an emergency rate cut before its scheduled May meeting due to severe market stress, said Bob Michele, Global Head…
