A W. Virginia bill would allow up to 10% of state treasury assets to be invested in precious metals & select digital assets, including BTC. Supportive for long-term legitimacy, such moves may signal late-cycle adoption rather than fresh upside.
PBOC is expected to set the USD/CNY reference rate at 6.9722 – Reuters estimate
The ECB will not debate rate changes in the near term if its outlook holds, chief economist Philip Lane said, warning that Fed policy missteps or dollar volatility could pose risks. Markets now see euro zone rates steady around 2%.
China’s AI models may be only months behind U.S. and Western systems, DeepMind CEO Demis Hassabis told CNBC, though he said Chinese firms have yet to show true frontier-level breakthroughs as chip access remains constrained.
US slaps 25% tariff on high-end chips, signaling more to come. Sector faces new risks as trade talks loom.
US slaps 25% tariff on high-end chips, signaling more to come. Sector faces new risks as trade talks loom.
AI hyperscalers' massive capex fuels 2026 bond issuance surge to $2.46T; spreads widen, CDS costs triple for Oracle.
Must Read