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Read full articleThe end of the US-Iran ceasefire may prompt Europe to reassess its military alliances and could lead to broader market volatility. The post Trump declares US ceasefire with Iran is over, sending Bitcoin down 2% and rattling European markets appeared first on Crypto Briefing.
The AI industry's aggressive expansion into new domains could reshape tech economics, challenge existing giants, and impact global markets. The post xAI, Meta, and Anthropic are invading each other’s turf in a massive AI land grab appeared first on Crypto Briefing.
The post Michael Burry Responds to Trump’s Criticism of Short Sellers appeared on BitcoinEthereumNews.com. TLDR President Trump took aim at short sellers during a White House event, claiming they were “in big trouble.” Michael Burry fired back, defending short selling as essential to market health. The famed investor suggested Trump lacks understanding of his investment approach. Burry contends Trump’s Iran strategy is driven by concerns over market volatility. Brent crude surged past $126 per barrel amid heightened tensions before retreating to pre-conflict levels. During a White House gathering on Monday celebrating the rollout of Trump Accounts, President Donald Trump took shots at short sellers. He described a “couple of guys” betting against the market as facing serious losses and “being wiped out.” The president expressed his disdain for short sellers, characterizing their activities as betting against America itself. Michael Burry, the renowned investor who famously forecasted t
The post EU Set to Revise MiCA in 2027 to Cover Foreign Stablecoin Issuers appeared on BitcoinEthereumNews.com. In brief The EU is preparing to reopen its Markets in Crypto-Assets (MiCA) rulebook, likely in 2027, to regulate non-EU stablecoin issuers and broaden its scope, EU diplomats told Euronews. The push follows the U.S. GENIUS Act and President Trump’s promotion of dollar-backed stablecoins, which make up 95% of the market. The European Commission is consulting stakeholders until September 30 before deciding whether to formally reopen the law. The European Union is preparing to reopen its flagship crypto rulebook to bring non-EU stablecoin issuers under its supervision, as U.S. President Donald Trump’s embrace of dollar-pegged tokens unsettles European regulators, Euronews reported, citing several EU diplomats. MiCA, the bloc’s landmark crypto framework, only fully came into force on July 1, but officials already see a rewrite as inevitable. “Reopening the file seems unavoidable
Trump's embrace of stablecoins is pushing Brussels to expand its crypto law to non-EU issuers and tokenized payments, EU diplomats say.
Meta's AI chip strategy could disrupt the semiconductor market, intensifying competition and pressuring traditional chipmakers' margins. The post Meta plans to manufacture Iris AI chip in September, doubling compute capacity by 2027 appeared first on Crypto Briefing.
The post Is Bitcon price rebound a dead cat-bounce? appeared on BitcoinEthereumNews.com. Although Bitcoin (BTC) price rebounded on July 9 amid an erosion of the TACO (Trump always chickens out) trade’s edge, the risk of a Bitcoin price crash remains palpable within the crypto community. Over the past 30 days, Bitcoin price has been trapped in horizontal consolidation around $62,750 amid a tug-of-war between spot investors and derivatives traders. As such, Bitcoin price remains in a multi-month bear market, with lower lows and lower highs already confirmed year-to-date (YTD). BTC price YTD chart. Source: Finbold The recent BTC price rebound from a crucial support level around $60,000, as Finbold explained, has been fueled by increased demand for its futures market. Notably, BTC’s futures demand has rebounded from around -295,000 BTC to slightly positive territory, per data from CryptoQuant. BTC spot and perp futures demand growth for 30 days. Source: CryptoQuant. With spot demand still
The differing approaches to a US sovereign wealth fund highlight deep political divides, impacting future economic strategies and tech industry relations. The post Trump and Sanders push for US sovereign wealth fund, but can’t agree on the blueprint appeared first on Crypto Briefing.
