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The CEO of Ark Invest says that the US economy is in a recession – but there’s a catch.
In a new interview with CNBC, Ark CEO Cathie Wood shares her outlook on the US economy.
“Well, I think we have been climbing a wall of worry. I mean, a lot of people expected tariffs and wars and the controversy between the Fed and the President to really shake markets up. And of course, there has been some...
Crypto asset manager Bitwise believes Bitcoin (BTC) remains on track to hit its price target in 2025.
In a new report, Bitwise executives Matt Hougan and Ryan Rasmussen double down on their prediction that Bitcoin will hit $200,000 within six months, a more than 88% increase from its current value.
“It’s been a mixed year for crypto asset prices…
We’re optimistic, however, that things are...
An elderly JPMorgan Chase customer is out thousands of dollars after scammers convinced him he won a big prize.
An 87-year-old man from Portland, Oregon, lost a total of $13,000 to scammers who told him he needed to pay them money to receive hundreds of thousands of dollars and a new SUV, reports the NBC-affiliated KGW8.
The victim, whose name was not provided, says he received a call one...
US banking titan Goldman Sachs reportedly says that there’s one catalyst that can spark an American manufacturing resurgence.
Goldman says in a note to investors that artificial intelligence (AI) advancements have massive potential to boost US manufacturing, reports Fortune.
Says Goldman analysts, including Joseph Briggs,
“A pickup in the pace of innovation – potentially from recent advances in...
July 1, 2025 – Grand Cayman, Cayman Islands
Boba Governance Foundation today announced a significant milestone with a $70 million capital commitment secured from Awaken Foundation and LDA Capital to fund the continued development and ecosystem expansion of Boba Network, the leading layer-two blockchain for AI-powered DApps (decentralized applications), enabled by its unique HybridCompute...
July 1, 2025 – New York, New York
The largest prediction market on Base, Limitless.exchange, today announces the closure of $4 million in fresh funding in a strategic round and welcomes Arthur Hayes as an advisor alongside an investment from his family office, Maelstrom.
The funding follows a prior $3 million pre-seed round led by 1confirmation, and comes after the team found breakout demand...
July 1, 2025 – San Francisco, California
AI is steadily making deeper inroads into major tech industries, and its latest leap into the gaming sector marks a notable shift.
Thousands have already backed Block3’s vision – to build the world’s most advanced prompt-to-play engine, which will let anyone generate playable worlds in minutes from a simple text prompt.
The scale of the impact is...
A former Goldman Sachs executive says that two key factors are driving selling pressure in the Bitcoin market, keeping BTC stuck in a sideways trend.
In a new CNBC interview, Bucella, now managing partner at digital assets-focused investment firm Neoclassic Capital, says that despite the “huge demand” for the crypto king from companies seeking to add Bitcoin to their balance sheets and from the...
Billionaire venture capitalist Chamath Palihapitiya says staying bullish on the markets will pay off, pointing to two key financial factors driving his conviction.
In a new episode of the All-In Podcast, Palihapitiya takes a close look at the M2 money supply chart, which has been on the up and up.
The billionaire notes that M2 growth is one of the key reasons why the S...
The Federal Deposit Insurance Corporation (FDIC) just announced the second bank failure of 2025.
Regulators say The Santa Anna National Bank has been shut down – and foul play at the small Texas lender is suspected.
The FDIC has not disclosed the nature of the suspected fraud, and the agency is not sure whether customers with uninsured deposits will be reimbursed.
“Once further information is...