Crypto News
Ethereum Taps $4,600 as Bulls Set Sights on $6K
Ethereum’s ( ETH) price climbed past the $4,600 mark Tuesday, hitting an intraday peak of $4,629 per token on Deribit. Over the last 24 hours, ether gained 8% against the U.S. dollar and is up nearly 28% for the week. ETH Blazes to $4.6K, Just 7% Away From Historic High The rally shows no signSource link
Ether, Cardano, XRP Among Cryptos Taking New Leg Higher as Scott Bessent Floats 50 Basis Point...
Altcoins added to their rally during late Tuesday U.S. afternoon hours after Treasury Secretary Scott Bessent suggested the Federal Reserve should consider a 50 basis point rate cut at its upcoming September meeting."The real thing now to think about is should we get a 50 basis-point rate cut in September," Bessent told Fox News. Bessent added that the Fed could have cut rates in June if it had been given accurate data, which he described as a “foundational issue" at the central bank.Markets had already about fully priced in a 25 basis point move in September, but the idea of 50 basis points appeared to juice things further.To be sure, Bessent is Treasury Secretary and not a member of the...
When the Love of Your Life Gets a Software Update
OpenAI’s GPT-5 rollout left people grieving for their lost loves, proof that in the age of AI, a patch can feel just like a breakup—or worse.Source link
Trump Nominee Wants to Halt Monthly Jobs Reports
E.J. Antoni has been tapped to lead the Bureau of Labor Statistics (BLS) by U.S. President Donald Trump and now the Heritage Foundation Chief Economist wants to suspend the BLS’s monthly jobs report “until it is corrected.” Antoni made the comments in a Fox interview just days after Trump fired former BLS Commissioner Erika McEntarfer,Source link
LINK Surges 10% as Chainlink Reserve, ICE Partnership Fuel Explosive Rally
Oracle service Chainlink's (LINK) native token surged 10% on Tuesday to a fresh seven-month high amid new traditional finance partnership and a recent token buyback initiative.The token topped $24 for the first time since February, extending its rally to 42% in a week. That's the biggest gain during among the top 50 tokens by market capitalization, CoinDesk data shows.Among the catalysts was a fresh collaboration between Chainlink and Intercontinental Exchange, the parent company of the New York Stock Exchange, to bring foreign exchange and precious metals pricing data on-chain. The partnership underscores the network’s expanding role as a bridge between traditional finance and blockchain rails.A token purchase program dubbed the Chainlink Reserve, announced last week in a blog post, aims...