Bitcoin slid as much as 5% below $65,000 after Trump raised a temporary global tariff to 15%, following a Supreme Court ruling that voided prior duties.
Business
AI
Market buzzes as Apple unveils game-changing AI platform, reshaping tech landscape and sparking fervent interest among industry players.
News Corp. and OpenAI collaborate to enhance AI-generated content, setting new standards for integrity and accuracy in digital journalism.
AI, crypto fuel data centers, risking climate change. Urgent intervention essential, warn experts, demanding action.
Meta solidifies its position in the industry with a strategic AI expansion, driving sustained growth and value creation.
Microsoft fuels G42 & AI partnership with $1.5 billion boost, driving global innovation and collaboration.
Bitcoin & Altcoins
FinTech
Binance is set to launch four new trading pairs on September 4, 2024, including AAVE/USDC, as part of its strategy to expand offerings amid market fluctuations.
Policy
Beijing broadens digital asset rules to stablecoins and tokenized assets, reinforcing approval requirements and oversight for overseas digital finance activity.
Coinbase’s rejection of the U.S. crypto bill delays Senate action, deepening divisions over digital asset regulation and market oversight.
The SEC has approved new listing standards enabling spot crypto and commodity ETFs to list faster under defined eligibility rules across U.S. exchanges.
The Trump administration orders US mortgage firms to count verified crypto assets when assessing loan applications.
The Senate-approved GENIUS Act regulates stablecoins and opens new doors for financial and tech companies to issue digital dollars.
Trump’s Crypto Strategic Reserve announcement sparks a market rally, pushing Bitcoin past $94K and fueling gains in Ethereum, XRP, Solana, and Cardano.
Trump’s White House Crypto Summit will focus on stablecoin regulations, Bitcoin reserves, and key US digital asset policy changes.
The SEC has ended its investigation into Robinhood’s crypto unit with no enforcement action, signaling a potential regulatory shift under the Trump administration.
The SEC has agreed to drop its lawsuit against Coinbase, pending a final vote, signaling a shift in regulatory attitudes toward cryptocurrency under the current administration.
The SEC has renamed and downsized its crypto enforcement unit, shifting focus to emerging technologies, cybersecurity, and AI under the leadership of Acting Chairman Mark Uyeda.
The SEC and Binance requested a 60-day lawsuit pause, signaling a shift in crypto enforcement as the agency rethinks its regulatory approach under new leadership.
Federal Reserve Chair Jerome Powell said banking regulations should be reassessed to ensure they do not unfairly exclude crypto firms, following growing concerns over debanking practices.
