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BlackRock says rising U.S. debt and deficits are strengthening Bitcoin’s hedge case
BlackRock (NYSE: BLK) says Bitcoin’s latest move is tied more closely to America’s debt load than to another crypto policy fight. The U.S. total has now moved past $40 trillion, and BlackRock digital assets chief Robbie Mitchnick says that backdrop is pushing some investors toward Bitcoin as protection against fiscal pressure. Robbie told reporters that...Cryptopolitan
Wed, Aug 26
OpenAI says it could reach AGI before the end of 2026
OpenAI believes it will be able to achieve artificial general intelligence in 2026. The company’s CEO, Sam Altman, said in an interview with TIME Magazine that his organization hasn’t achieved AGI yet but will have an internal version soon enough. Sam said OpenAI is “not quite yet” there. OpenAI’s Chief Research Officer Mark Chen gave...Cryptopolitan
Wed, Aug 26
Apple's foldable iPhone tipped to ship 10 million units at $2,500
The research firm IDC predicts that Apple’s first foldable iPhone will sell more than 10 million units in its debut year. The phone will be priced at roughly $2,500, and is set to be launched in September into the worst smartphone market on record. How big will Apple’s foldable phone be? The International Data Corporation...Cryptopolitan
Wed, Aug 26
Chainalysis estimates $457 billion in potentially taxable on-chain crypto activity occurred worldwide in 2025
The blockchain analytics company Chainalysis reported that at least $457 billion in potentially taxable crypto activity occurred on-chain worldwide in 2025. It contends that the primary international standard for reporting rules, namely, the OECD Crypto-Asset Reporting Framework (CARF), covers just 14 percent of the transactions. North America led $457B in potentially taxable crypto activity According...Cryptopolitan
Wed, Aug 26
Bill Gates calls for robot and AI taxes to blunt AI Job losses
The billionaire and Microsoft co-founder, Bill Gates, has backed ongoing calls for a robot tax and also proposed that certain jobs be set aside as “Human Reserved.” In a new essay on his Gates Notes blog, he argues that the proposals are meant to help workers who may lose jobs to AI in the next...Cryptopolitan
Wed, Aug 26
Hyperliquid stays on US trail as HPC, tradeXYZ court CFTC on energy perp contracts
The Hyperliquid Policy Center (HPC) and trade[XYZ] asked the Commodity Futures Trading Commission (CFTC) on Wednesday, August 26, to build a regulated US market for energy perpetual contracts. Should the CFTC grant the request, it will give American oil and gas traders a domestic venue to hedge crude and natural gas exposure around the clock,...Cryptopolitan
Wed, Aug 26
Meta shares rose 2.1% as investors reacted to the company’s major legal settlement
Meta Platforms (NASDAQ: META) is surging on Wednesday as investors are reacting to a new legal settlement as a major cut to the company’s risk. META was up 2.1% at press time after a wild session. Shares jumped more than 4% soon after the opening bell, then reversed and fell 1.4%, before moving back into...Cryptopolitan
Wed, Aug 26
IBM completes HRL Laboratories buyout to speed its quantum roadmap
IBM (NYSE: IBM) has closed its acquisition of HRL Laboratories and plans to involve the lab in speeding up a quantum-computing project. IBM is expecting that the project will deliver a working fault-tolerant machine before the end of the decade. IBM acquired HRL Laboratories for its quantum computing project IBM has announced the completion of...Cryptopolitan
Wed, Aug 26
JPMorgan says it may consider launching a stablecoin
The largest U.S. bank, JPMorgan Chase, is open to launching a stablecoin, according to a spokesperson. The bank recently held preliminary conversations about whether it could launch its own stablecoin, the Wall Street Journal reported Wednesday, citing people familiar with the matter. At the moment, JPMorgan has no active plan to launch a stablecoin, but...Cryptopolitan
Wed, Aug 26
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