The Head of Digital Assets and Innovation for a $2 trillion asset supervisor “simply mentioned to purchase ETH,” commented former BlackRock VP and host of Milk Road Daily, John Gillen, on Tuesday. His assertion got here in response to a prolonged submit on X from Franklin’s Sandy Kaul on the use instances for crypto in…
Franklin Templeton says traders chasing synthetic intelligence (AI) progress ought to look past AI shares. The $1.8 trillion supervisor suggests cryptocurrencies and altcoins could also be key to capturing the potential of agentic AI. The argument comes from Sandy Kaul, head of digital belongings at Franklin Templeton. She contends that agentic AI might change into…
Kalshi spent $990,000 on federal lobbying within the first half of 2026, almost matching its whole for all of final yr, because it races to counter the on line casino trade on Capitol Hill. The prediction market operator and its gambling-sector rivals are each sharply elevating spending. Kalshi’s direct lobbying alone almost matches the American…
The battle towards Iran has run up a heavy invoice for the United States, now pegged at $37.5 billion. The estimate, delivered by Defense Secretary Pete Hegseth, arrives as US strikes on Iran proceed for an eleventh straight evening. US Defence Secretary Puts Iran War Cost at $37.5 Billion Hegseth offered the determine to the…
The Digital Chamber sued the Illinois Department of Revenue on Tuesday, asking a Sangamon County courtroom to strike down the state’s new Digital Asset Tax Act earlier than it takes impact. The commerce group represents greater than 250 blockchain corporations. It argues the 0.2% levy unfairly singles out digital property based mostly on the know-how…
Hut 8 Corp. (HUT) shares have swung between $44 and $133 in 2026, a peak-to-trough achieve of about 200%, in accordance to TradingView information. The inventory now trades close to $108, up about 128% for the 12 months, after Hut 8 signed a $9.8 billion, 15-year lease with an unnamed know-how hyperscaler. The AI Pivot…
S&P Dow Jones Indices and Pantera Capital have launched the S&P Pantera Digital Asset Index, a new crypto benchmark that excludes Bitcoin (BTC) solely. CEO Cathy Clay mentioned Bitcoin fails the index’s core take a look at, producing actual protocol income as an alternative of buying and selling purely on hypothesis. How the Index Weighs…
South Korea’s Kospi surged over 5% to a high of seven,164 on Wednesday’s early buying and selling, extending its rebound from a man-made intelligence inventory selloff. Asian chipmakers led the features for a second straight session. Japan’s Nikkei 225 added close to 2% to 67,524.22, additionally in early buying and selling. The rally builds on…
Tesla (TSLA) stories second-quarter earnings at this time after US markets shut. Investors already know what number of vehicles it bought, so the actual take a look at is revenue. Wall Street expects a pointy bounce in earnings per share from final quarter. Most of Tesla’s excellent news already got here out weeks in the…
Alphabet (GOOGL), Google’s mother or father firm, stories second-quarter earnings right this moment after the market closes. Wall Street expects double-digit development. But buyers are watching one factor extra carefully: can the corporate’s huge synthetic intelligence spending begin to repay? The inventory has climbed sharply over the previous 12 months. It has additionally pulled again…