Posts by Amelia Frost
Zcash: A Privacy Coin ETF Is Holding Up Crypto While Bitcoin Fights for $79K
Bitcoin trades near $78,900 on September 9, up half a percent after bouncing from $77,600, reclaiming $79,000, and promptly losing it again. It sits well below the $82,000 it tagged last week before a scorching jobs report yanked the rug. Here’s the strange part. The steadying force in crypto right now isn’t a Bitcoin product…
Read MoreIran Is Believed To Have Nuclear Facilities Deep Inside a Mountain. Analysts Say Construction Is Increasing There.
A suspected Iranian nuclear facility buried deep inside a mountain is seeing a “clear surge in construction activity” this year, experts are saying. The site in question is known as Pickaxe mountain and is located near the Natanz nuclear complex, which was bombed by the U.S. last year during Iran’s 12-day war with Israel. It…
Read MoreOpenAI Claims a Solution to a Million-Dollar Math Mystery. Two Researchers Are Raising Questions About Credit.
OpenAI‘s claim that an artificial intelligence system has solved one of mathematics’ most famous unsolved problems is being somewhat overshadowed by a dispute over scientific credit, unpublished research and whether AI companies can benefit from the confidential work of researchers who use their products. The company announced Tuesday that an internal model had produced a…
Read MoreLatinos Helped Trump Win In 2024. Now They Might Help Democrats Dominate The Midterms.
President Trump appears to be losing support among Latino voters. Samuel Corum/Getty Images A new poll shows Republicans losing support among Latino voters, giving up much of the gains they had made in the 2024 election cycle. Axios obtained a Hart Research/TelevisaUnivision poll which showed that Latino voters were swinging hard back toward Democrats and…
Read MoreAmericans Now More Worried About Domestic Extremists Than Foreign Ones: Poll
Americans now fear domestic extremists more than they do the possibility of foreign terror groups, according to a new survey. A Reuters/Ipsos poll found that, as the 25th anniversary of 9/11 approaches, the share of Americans who are concerned about the possibility of domestic terrorism outnumber those fearing an attack from a foreign group. The…
Read MoreAmericans Now More Worried About Domestic Extremists Than Foreign Ones: Poll
Americans now fear domestic extremists more than they do the possibility of foreign terror groups, according to a new survey. A Reuters/Ipsos poll found that, as the 25th anniversary of 9/11 approaches, the share of Americans who are concerned about the possibility of domestic terrorism outnumber those fearing an attack from a foreign group. The…
Read MoreAttacks Against Energy Infrastructure In The Middle East Continued. Stocks Declined.
Stocks declined on the first day of a shortened market week as attacks against energy infrastructure in the Middle East continued. The tech-heavy Nasdaq Composite fell 0.32%, while the S&P 500 did so 0.58%. The Dow Jones Industrial Average underperformed, plunging 1.17%. In contrast, oil prices climbed again, particularly after Iran-backed Houthi rebels launched a…
Read MoreAmericans’ Financial Expectations Keep Declining. Almost a Third Believe Next Year Will Be Worse.
Almost a third of Americans expect their financial situation to get worse next year, according to a new survey. Conducted by the New York Federal Reserve, the latest instance of the Survey of Consumer Expectations showed that respondents who expect their finance to get much or somewhat worse in the next year climbed 2.3 percentage…
Read MoreHuawei Is Going To Trial In The U.S. The Case Has Been Building For Eight Years.
Huawei Technologies is heading to trial in New York nearly eight years after U.S. prosecutors first charged the Chinese technology giant with misleading banks about its business in Iran, bringing one of Washington’s longest-running criminal cases against a major Chinese company before a jury. Jury selection begins Tuesday in federal court in Brooklyn before U.S.…
Read MoreDrone Activity On The Southern Border Appears To Plummet After U.S. Forces Use Laser Weapons To Take Them Down
Since along the southern border, Drone activity in the southern has dropped by as much as 75 percent since the U.S. military has begun using laser weapons systems to target suspicious drones, according to a new report. CBS News detailed that the laser system shot down three drones near the Rio Grande Valley on August…
Read MoreThe World’s Biggest Wealth Fund Has $215 Billion In US Treasurys. It Wants To Cut Back.
Norway’s $2.3 trillion sovereign wealth fund wants to sharply reduce its holdings of U.S. Treasurys as part of a wider overhaul of its bond portfolio, shifting more money toward corporate debt, mortgage-backed securities and other assets offering higher returns. Norges Bank Investment Management, which runs the world’s largest sovereign wealth fund, recommended reducing government bonds…
Read MoreRobinhood Is Going Deeper Into Prediction Markets. Its Event-Contract Business Is Growing.
Robinhood is expanding its prediction-markets business through a new partnership with Crypto.com and OG.com, taking equity stakes in both companies while adding another federally regulated venue for event contracts as trading activity on the platform continues to climb. Starting Tuesday, Robinhood will route selected football event contracts through OG.com’s underlying exchange and clearinghouse, adding another…
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