Core readings from the PCE measure have been 2.9% YoY; August headline PCE has risen 2.7% YoY and 0.3% MoM. Bitcoin has pulled back as traders watch $107K support and increased odds of additional rate cuts into October.
The post U.S. Core PCE Hits 2.9% in August, Matches Expectations – Does This Clear the Path for Bitcoin? appeared first on Cryptonews. …
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AI Won’t ‘Kill’ Bitcoin Mining – It Might Reprice It
Large miners have secured multi-year AI hosting agreements and GPU buildouts that have diversified income, while Bitcoin price dependence has moderated and capital formation cycles have shifted across the industry.
The post AI Won’t ‘Kill’ Bitcoin Mining – It Might Reprice It appeared first on Cryptonews. …
Eric Trump’s Bold Claim: Stablecoins Will “Save the U.S. Dollar” – But There’s a Catch
Eric Trump has argued that stablecoins could help the dollar as World Liberty Financial advances and ABTC lists on Nasdaq. Lawmakers have raised conflict concerns, the GENIUS Act has progressed, and Citigroup has projected sector growth while JPMorgan remains cautious.
The post Eric Trump’s Bold Claim: Stablecoins Will “Save the U.S. Dollar” – But There’s a Catch appeared first on Cryptonews. …
Theta Capital Management Launches $200M Blockchain Fund Targeting 10-15 Investments
Theta Capital has sought $200M for a blockchain vehicle backing 10–15 venture managers focused on digital assets. The firm has reported a 32.7% net IRR since 2018, while investors have shifted toward ETFs and treasury strategies as deal counts have fallen in 2025.
The post Theta Capital Management Launches $200M Blockchain Fund Targeting 10-15 Investments appeared first on Cryptonews. …
Kraken Eyes $20B Valuation in Pre-IPO Funding Round: Report
Kraken is in advanced talks to raise between $200 million and $300 million from a strategic investor in a move that could value the exchange at $20 billion.
The post Kraken Eyes $20B Valuation in Pre-IPO Funding Round: Report appeared first on Cryptonews. …
Watch: Polar bears occupy abandoned Soviet-era research station
Drone footage captures a group of polar bears living inside an abandoned research station on Russia’s Kolyuchin Island.
Trump promised retribution – how far will he go?
As the US president pushes a crackdown on left-wing groups and openly targets political foes, critics ask where he’s taking America
Dozens dead in crush at political rally in India
Tens of thousands had gathered at a campaign event for actor-turned-politician Vijay in India’s southern state of Tamil Nadu.
Russia has no intention of attacking EU or Nato states, foreign minister says
Sergei Lavrov has been highly critical of Western countries and Israel in his speech at the UN General Assembly.
Israeli strikes kill dozens in Gaza including civilians seeking aid, health workers say
Israel is continuing its offensive against Hamas, after PM Benjamin Netanyahu told the UN Israel “must finish the job” in Gaza.