Tag: Breaking

Stablecoin issuer Tether has expanded its reach into the physical AI sector by leading a Series C funding round of up to $1.4 billion for German cognitive robotics company Neura Robotics. The landmark investment represents one of the largest private funding rounds in the history of humanoid robotics and physical automation. Alongside Tether, the massive capital injection attracted participation from prominent global technology and industrial...

Mastercard launched Agent Pay for Machines (AP4M), allowing autonomous AI agents to permission, orchestrate, and settle transactions without real-time human approval. The initiative features over 30 initial industry partners, including crypto heavyweights Coinbase, RippleX, Aave Labs, OKX, Polygon, and the Solana Foundation. The system integrates multi-rail settlement from day one, explicitly supporting regulated stablecoins alongside...

The U.S. Labor Department announced Wednesday that the consumer price index (CPI) rose 0.5% in May over April. While the monthly increase was expected by consensus forecasts, the annualized headline inflation rate surged to 4.2%, up from 3.8% recorded the previous month. US CPI inflation climbed to 4.2% on an annualized basis in May, matching economist estimates but marking the hottest print since April 2023. The month-over-month headline...

Bitcoin sank to an intraday low of $60,892 following news of retaliatory U.S. military strikes against Iranian targets near the Strait of Hormuz. The geopolitical flare-up triggered $664.86 million in total crypto liquidations over a 24-hour window, pushing market sentiment into extreme fear. Sustained pressure from institutional capital flight remains high, with U.S. spot Bitcoin ETFs recording over $4.4 billion in net outflows since...

MicroStrategy purchased 1,550 bitcoin for approximately $101.3 million between June 1 and June 7, averaging $65,332 per coin. The acquisition follows a controversial 32 BTC sale the prior week, which was executed to fulfill preferred stock dividend obligations. The company simultaneously bolstered its specialized U.S. dollar reserve to $1 billion, significantly reducing the risk of near-term liquidations. MicroStrategy has resumed its...