New lawsuit claims Satoshi Nakamoto’s Bitcoin is “Lost Property” worth under $10 per wallet
A New York lawsuit is seeking to treat some of Bitcoin’s oldest dormant wallets, including addresses tied to the cryptocurrency’s creator, as lost property valued at less than $10 each. The amended complaint asks a state court to grant legal ownership
Bitcoin avoided an inflation shock, now it has to prove the rally isn’t over
The BEA's April PCE print showed headline inflation at 3.8% year over year and core at 3.3%, broadly matching economist expectations and removing the risk of a fresh macro shock, leaving Bitcoin in the fragile middle ground it has occupied
Trump’s crypto push hits the Senate vote math behind CLARITY Act’s July 4 target
Senate Banking cleared the CLARITY Act 15-9 on May 14, and within two weeks, President Donald Trump posted on Truth Social pledging to codify a “future-proof” digital asset market that haters could not undo, calling the US the “crypto capital
Bitcoin miners’ real prize is power as AI reshapes mining
Bitcoin miners spent years racing to secure cheap electricity, and that electricity has since become more valuable than the Bitcoin mining business built on it. That inversion drives Fidelity's May 2026 assessment that AI hosting could give miners a second revenue
Gavin Newsom takes a populist turn on AI ahead of a possible 2028 presidential run
For years, California Gov. Gavin Newsom has reaped the benefits of Silicon Valley’s AI boom — in the form of tax revenue for his state and political contributions from industry leaders. Newsom’s interests often aligned with those of tech titans, and
‘60 Minutes’ journalist says CBS contract ended after furor over delayed segment
CBS News has reportedly declined to renew its contract with Sharyn Alfonsi, the “60 Minutes” correspondent whose segment about the Trump administration deporting Venezuelan men to a prison in El Salvador was abruptly pulled off the air late last year. Alfonsi
Judge declines to jail teenager accused of killing stepsister aboard cruise ship
MIAMI — A federal judge on Wednesday declined to jail a Florida teenager accused of killing and sexually assaulting his stepsister, allowing him to remain in the custody of a family member while he awaits trial. Timothy Hudson, 16, has been
In major shake-up, CBS replaces ‘60 Minutes’ executive producer with tech journalist
CBS News editor-in-chief Bari Weiss on Thursday replaced Tanya Simon, the executive producer of the network’s flagship newsmagazine “60 Minutes,” with a technology journalist who has never worked in television news. Nick Bilton, a documentarian and former New York Times technology
Here’s why Brent crude oil price may drop below $60 soon
Brent crude oil price retreated for three consecutive days, reaching its lowest level since April 7 this year. It has plunged from a high of $114 on May 4 to the current $91. This retreat may continue after forming a
Here’s why Alibaba, Tencent, Xiaomi stocks are falling amid the AI boom
The biggest Chinese technology companies are underperforming the market despite the ongoing artificial intelligence boom. Xiaomi stock has plunged by 30% this year, while Tencent and Alibaba have dropped by 27% and 13%, respectively. They have suffered steeper declines from their
Changpeng Zhao Says Many AI Companies Won’t Survive
The post Changpeng Zhao Says Many AI Companies Won’t Survive appeared first on Coinpedia Fintech News Changpeng Zhao said artificial intelligence is likely to remain a long-term growth industry, but warned that many AI companies may fail as competition intensifies. According
Texas Plans to Move $10 Million Bitcoin Reserve From BlackRock ETF to Direct BTC Custody
The post Texas Plans to Move $10 Million Bitcoin Reserve From BlackRock ETF to Direct BTC Custody appeared first on Coinpedia Fintech News Texas is now taking complete control of its Bitcoin strategy. After the state is preparing to move its
Injective (INJ) Price Nears a Make-or-Break Zone—Will INJ Rally 30% & Reach $10 or Crash Hard?
The post Injective (INJ) Price Nears a Make-or-Break Zone—Will INJ Rally 30% & Reach $10 or Crash Hard? appeared first on Coinpedia Fintech News Injective price has emerged as one of the top performers, outperforming the top tokens, including Bitcoin, Ethereum
TRX Price Outlook: Why TRON Suddenly Dropped 10% This Week
The post TRX Price Outlook: Why TRON Suddenly Dropped 10% This Week appeared first on Coinpedia Fintech News After emerging as one of May’s strongest large-cap gainers, TRX price dropped nearly 10% in just three sessions, shaking market sentiment. The selloff
Morgan Stanley Buying XRP ETFs But Still Avoiding a Spot XRP ETF?
The post Morgan Stanley Buying XRP ETFs But Still Avoiding a Spot XRP ETF? appeared first on Coinpedia Fintech News Banking giant with an AUM of $7.4 trillion, Morgan Stanley has quietly disclosed its XRP holding-linked exchange-traded funds, marking. While the
Gavin Newsom takes a populist turn on AI ahead of a possible 2028 presidential run
For years, California Gov. Gavin Newsom has reaped the benefits of Silicon Valley’s AI boom — in the form of tax revenue for his state and political contributions from industry leaders. Newsom’s interests often aligned with those of tech titans, and
‘60 Minutes’ journalist says CBS contract ended after furor over delayed segment
CBS News has reportedly declined to renew its contract with Sharyn Alfonsi, the “60 Minutes” correspondent whose segment about the Trump administration deporting Venezuelan men to a prison in El Salvador was abruptly pulled off the air late last year. Alfonsi
Judge declines to jail teenager accused of killing stepsister aboard cruise ship
MIAMI — A federal judge on Wednesday declined to jail a Florida teenager accused of killing and sexually assaulting his stepsister, allowing him to remain in the custody of a family member while he awaits trial. Timothy Hudson, 16, has been