Cryptocurrency News
Fed’s Hammack Links “Insatiable” AI Demand to Inflation: Rate Hikes on the Table?
Cleveland Federal Reserve President Beth Hammack said that insatiable demand for artificial intelligence (AI) infrastructure could be inflationary. Hammack, a voting member of the Federal Open Market Committee (FOMC) this year, warned that interest rates may need to rise if broader price pressures do not ease. Why the Cleveland Fed Chief Sees Higher Rates on
Crypto Corporations Fund 37% of All 2026 Corporate Election Spending
Cryptocurrency corporations have spent $189 million on the 2026 US midterm elections, roughly 37% of all reported corporate election spending, according to a Public Citizen report. The figure keeps crypto ahead of every other industry in funding federal races this cycle. It reflects a strategy the sector introduced in 2024 that other industries now imitate.
Bitcoin Spot ETFs Post Worst Month on Record With $4.5 Billion June Outflow
US-listed Bitcoin (BTC) exchange-traded funds (ETFs) recorded $4.5 billion in net outflows during June 2026. This was the worst monthly figure since the products launched in January 2024. The redemptions coincided with a sharp price decline. Bitcoin fell 20.48% over the month, its steepest monthly drop since June 2022, when the asset shed 37.28% during
New Federal Data Reveals Donald Trump Holds $50 Million in Bitcoin in Cold Wallet
A federal filing revealed that Trump holds more than $50 million in Bitcoin, though the disclosure's highest reporting category suggests even more.
From Cancer Scare to Comeback, Abivax Shares Erase a Month of Losses in a Day
Abivax stock jumped 38% after new obefazimod trial data eased the cancer-safety fears that had erased weeks of gains.
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