Amid a sharp crypto market downturn, Binance has begun converting $1 billion into Bitcoin for its SAFU insurance fund, starting with a $100 million buy. The move comes as Bitcoin's plunge below $80,000 leaves many ETF investors underwater and reignites debate over the causes of October's market crash.
A speculative frenzy fueled by geopolitical tensions and dollar fears met its abrupt end last Friday, triggering the worst single-day plunge in silver since 1980 and a massive gold sell-off. Analysts point to leveraged bets and a shifting Fed outlook as key catalysts for the historic crash.
The so-called 'Super Bowl Indicator' correctly predicted a market rise after last year's NFC win, but a deeper look at the data reveals it's little more than a coin toss—and a cautionary tale about spurious correlations in finance.
Fundstrat's Tom Lee suggests the brutal crypto sell-off may be nearing its end, even as his firm Bitmine faces staggering paper losses on its massive Ethereum bet. The call comes amid a wider debate on the health of digital asset treasuries.
A critical week ahead for crypto markets as major corporate earnings coincide with key U.S. employment data, setting the tone for digital asset sentiment amidst a shifting macroeconomic landscape.
In a pivotal move, Syrian government forces have deployed in the northeastern city of Hasakah, following a U.S.-backed agreement with the Kurdish-led Syrian Democratic Forces (SDF) to integrate their forces, signaling a major realignment in the war-torn region.
U.S. District Judge Robert W. Pratt, who served Iowa's Southern District for over 26 years, passed away Wednesday following cardiac arrest. His tenure was marked by significant legal decisions, civic engagement, and a notable public rebuke of former President Donald Trump.
The trial of four men charged with the murder of Michelle Sadio, a mother of two killed outside a Harlesden church in 2024, has begun, revealing allegations of a botched attack targeting a local rapper.
Harrel Braddy, convicted of kidnapping a mother and daughter from their home and leaving the child to die in the Everglades, has been sentenced to life in prison after a jury declined to reinstate the death penalty.
Amid a flurry of bank mergers and acquisitions reshaping Texas, San Antonio-based Frost Bank is doubling down on its organic growth strategy. CEO Phil Green asserts the bank has "zero interest" in M&A, positioning itself to win customers dislocated by industry upheaval.
As Michelangelo's monumental fresco undergoes its first restoration in three decades, visitors to the Vatican will view a high-definition reproduction while conservators work to revive the masterpiece's original brilliance.
The enterprise software firm's unprecedented Bitcoin treasury position fell below its average cost basis over the weekend, marking a rare paper loss event, even as the company continues its aggressive acquisition strategy.
An international nuclear services firm moves forward with plans to seek regulatory approval for new power generation at the long-closed Kewaunee site, potentially revitalizing a key piece of Wisconsin's energy infrastructure.
While Disney's latest earnings surpassed expectations, investor focus shifted sharply to reports of an accelerated CEO succession timeline, sending the stock lower despite robust performance in streaming and theme parks.
Ford Motor Company is reportedly in preliminary discussions with Chinese tech and auto newcomer Xiaomi, exploring a joint venture that could facilitate Xiaomi's entry into U.S. vehicle manufacturing, according to sources familiar with the matter.
As the wearables market surges, Biolinq CEO Richard Yang positions smart patches as the next evolution, capable of tracking deep biochemical data where watches track surface metrics, with his company's FDA-cleared glucose sensor leading the charge.
In a significant vote of confidence for Latin America's premier shale play, investment firm PING Capital Management has substantially increased its holding in Argentina-focused Vista Energy, underscoring a strategic focus on operational execution over mere commodity price speculation.
The SEC appoints a new slate of leaders to the Public Company Accounting Oversight Board, signaling a potential shift in regulatory focus and internal dynamics as a prominent advocate for technology innovation departs.
Chinese courts have executed four senior members of a Myanmar-based criminal organization for murder, trafficking, and running a multi-billion dollar scam operation that exploited thousands, including Chinese citizens. The move is part of a broader crackdown on cross-border cyber fraud hubs.
The trial of Marius Borg Høiby, son of Crown Princess Mette-Marit, opens in Oslo, exposing a profound crisis for the Norwegian monarchy as he faces charges including rape and assault.
