At last, MrBeast weighs in on the global economic crisis du jour

Your 401k is suffering. The billionaires are fighting. The gamers are imperiled. Not even the penguins on McDonald Island, where no humans reside, have been spared. But at long last, 26-year-old YouTuber and chocolatier MrBeast has weighed in on President Donald Trump’s controversial plan to impose sweeping tariffs on imports. Jokes aside, the prolific YouTuber … Read more

Bitcoin Rally Stalls, but Sliding Yuan Could Be Bullish Catalyst

The crypto market’s relief rally fizzled out on Tuesday as stocks gave up big early gains and turned lower alongside the Trump administration’s plan to imminently enforce punitive tariffs against China. After staging a brief rally to the $80,000 mark, bitcoin (BTC) had slumped back to $76,500 before stabilizing below $78,000. Recently, the top cryptocurrency … Read more

BlackRock taps Anchorage Digital for digital asset custody

Asset manager BlackRock is partnering with Anchorage Digital for crypto custody services, a move aimed at addressing the rising demand for digital assets from retail and institutional investors. According to an April 8 announcement, BlackRock is the world’s largest investment firm, with $11.6 trillion in assets under management. The company ranks among the largest providers … Read more

DeFi Borrowing Demand Plunges as Crypto Traders Deleverage Amid Market Turmoil

Borrowing demand across decentralized finance (DeFi) protocols plunged sharply in the wake of the recent crypto market turmoil, a sign of widespread deleveraging as crypto investors unwound risky positions. The average U.S. dollar stablecoin yield — what protocols pay out to lenders for lending out their assets — fell to 2.8% on Tuesday to its … Read more

Bitcoin futures divergences point to transitioning market — Are BTC bulls accumulating?

Bitcoin’s (BTC) price has dropped 5.6% over the past seven days, closing three daily candles below the $80,000 support for the first time since Nov. 9, 2024. Data from Glassnode highlighted Bitcoin witnessing a 64% rise in futures volume during the same period. The analytics platform said that “this marks a reversal from the past … Read more

Trump will hit China with 104 percent tariffs

The US will impose a cumulative 104 percent tariff on goods imported from China after midnight tonight, alongside a host of tariffs on other countries, the White House confirmed to CNBC. It’s one of the most staggering figures from President Donald Trump’s worldwide trade war launched last week. The Trump administration calls the tariffs part … Read more

Bitcoin relief rally fizzles as White House confirms 104% China tariffs — Will BTC fall to new lows?

Bitcoin’s surprise rebound to $81,180 — which was influenced by fake news regarding a pause on US tariffs — has all but evaporated following White House confirmation that 104% tariffs on China will take effect at 12:01 am on April 9. S&P 500 drops intra-day gains follow White House tariff confirmation. Source: X / Kobeissi … Read more

How iFood built a platform to run hundreds of machine learning models with Amazon SageMaker Inference

Headquartered in São Paulo, Brazil, iFood is a national private company and the leader in food-tech in Latin America, processing millions of orders monthly. iFood has stood out for its strategy of incorporating cutting-edge technology into its operations. With the support of AWS, iFood has developed a robust machine learning (ML) inference infrastructure, using services … Read more

Bitcoin’s Resilience During Tariff Chaos Impresses Wall Street Firm Bernstein

“Hi Curly, kill anyone today,” said Billy Crystal’s Mitch to Jack Palance’s Curly in City Slickers. “Day ain’t over yet,” replied Curly. Bernstein, though, is ready to call it a day, saying bitcoin’s (BTC) being down just 26% from its record high of less than three months ago shows resilience. Previous crises, such as the … Read more

Does Colossal Biosciences’ dire wolf creation justify its $10B+ valuation?

On Monday, the “de-extinction” startup Colossal Biosciences announced its most ambitious results to date: the dire wolf. These are creatures that have been extinct for more than 12,000 years made famous by the HBO show Game of Thrones. These white, fluffy animals live on a 2,000-acre preserve in a location so secretive that journalists, including … Read more