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View More NewsInvestors pulled around $1.82 billion from US-based spot Bitcoin and Ether exchange-traded funds (ETFs) over the past five trading days, as market sentiment continued to weaken after the precious metals rally.Between Monday and Friday, US-based spot Bitcoin (BTC) ETFs lost $1.49 billion, while spot Ether (ETH) ETFs saw $327.10 million in net outflows, according to Farside. The outflows come as the spot price of both cryptocurrencies continued to decline, despite recent signs of a recovery. Over the past seven days, Bitcoin and Ether have fallen 6.55% and 8.99% respectively, trading at $83,400 and $2,685, according to CoinMarketCap. Bitcoin is down…
Inflation is stubbornly refusing to be vanquished by presidential edict. Prices paid to domestic producers for their goods jumped by 0.5 percent during December, according to Department of Labor data released Friday morning. That surge in higher wholesale prices brought the annualized producer price index (PPI) to 3 percent for the year. December’s sharp increase in the PPI defied expectations and followed tamer increases of 0.1 percent in October and 0.2 percent in November. More alarming is the so-called “core PPI,” which does not include more volatile categories like food and fuel prices. In December, core PPI increased by 0.7…
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Xi Jinping purges a million officials a year. China’s president finds corruption wherever he looks for it, like a Grand Inquisitor rooting out heresy. Lately, his fury has turned to members of the military command, and on 24 January, the great purge finally reached its zenith—a moment described by Dennis Wilder, former China analyst at the CIA, as “the most stunning development in Chinese politics since the early days of Xi’s rise to power.”As vice-chairman of the Central Military Commission, which heads the armed forces of the Chinese Communist Party (not of China, which has no army), Zhang Youxia was…
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Bitcoin (BTC) has long been promoted by its most ardent supporters as a hedge against monetary debasement, but as the US dollar slides to…
In brief Brookings says community resistance to AI data centers is rising over electricity use, water consumption, and public subsidies. The report calls for…
from the good-deals-on-cool-stuff dept Keep your workspace neat and clutter-free with this premium magnetic cable management system. The latest version of Cable Blocks is…
The bubble in precious metals might have popped this week, with silver’s violent decline on Friday leading the group lower.Having touched a new record…
Bitcoin treasury company Strive said it has retired 92% of the debt it inherited after acquiring Semler Scientific earlier this month, and bought another…
In brief Gemini launched a new crypto credit card with a focus on privacy token Zcash (ZEC). The token is in the top 10…
from the time-to-fix-the-law dept Minneapolis is once again the focus of debates about violence involving law enforcement after an Immigration and Customs Enforcement officer…
From today’s order granting rehearing en banc in Hussey v. City of Cambridge: The majority panel opinion relied on First Circuit precedent for the proposition that…
Shares of bitcoin mining companies that have shifted business plans to cater to artificial intelligence (AI) infrastructure were big winners in 2025, a run…
Ripple has expanded its push into enterprise finance with the launch of a corporate treasury platform that combines traditional cash management tools with digital…
In brief OpenAI launched Prism, a free LaTeX-based research platform with GPT-5.2 integrated into scientific workflows. The launch follows OpenAI statements signaling future outcome-based…
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