Amodei’s AI Slowdown Warning Rattles Futures: Will Stocks Open Lower?

US stock futures fell sharply Sunday night after Anthropic CEO Dario Amodei published an essay calling on AI companies to slow the pace of frontier model development. The essay landed hours before OpenAI CEO Sam Altman ruled out an initial public offering (IPO) this year, citing similar safety concerns. Why Futures Are Under Pressure Nasdaq […]

Loracle Takes Profit on $14.3M Short Position in $PONS

The crypto market just witnessed a significant move as prominent short seller Loracle is taking profits on his $PONS position. Currently, he holds $14.3 million in short positions on $PONS and $5.7 million in shorts on $CASHCAT. This news, reported by CryptoTwitter commentator @lookonchain, has caught the attention of traders as they assess market sentiment […]

Upcoming Review of Crypto Tax Bills by U.S. House Committee

The U.S. House Ways and Means Committee plans to review two vital crypto tax bills on September 16, as highlighted by commentator @WuBlockchain. The proposed Mining and Staking Tax Clarity Act could defer taxes on newly generated tokens until their disposal, while the Applying Existing Tax Law Anti-Abuse Rules Act seeks to expand wash-sale and […]

Upbit reports $8B weekly trading volume as XRP leads the pack

XRP’s dominance on Upbit highlights regional trading preferences, potentially stabilizing its price and influencing global crypto market dynamics. The post Upbit reports $8B weekly trading volume as XRP leads the pack appeared first on Crypto Briefing.