Business News
Bitcoin drops after a run at $64,000, shrugging off Strategy's $213 million BTC sale
Coin Desk - 7 Jul 2026 06:33
The token touched $64,400 overnight before easing back, still up about 6% on the week. A fresh missile strike on a Qatari gas ship in the Strait of Hormuz lifted oil and tested the late-June peace deal as Asian tech sold...
Peter Schiff Warns Strategys 840K Bitcoin Holdings Could Bring Much Greater Losses
Bitcoin.com - 7 Jul 2026 04:05
Peter Schiff warned that Strategys new bitcoin sale policy could result in much larger realized losses after the company sold 3,588 bitcoin for about $216 million under its BTC Monetization Program. How Strategys Confirm...
Samsung profits jump 1,800% as AI chip sales soar
BBC - 7 Jul 2026 05:24
The firm's shares fell sharply on Tuesday as some investors had expected an even stronger performance.
South Koreas Supreme Court Expands Bitcoin Seizure Powers, With October Rollout Set to Speed Claims
Bitcoin.com - 7 Jul 2026 02:30
South Koreas top court has drafted a civil execution amendment establishing explicit legal procedures to freeze, seize, and liquidate virtual assets like bitcoin during civil litigation. New Rules on Asset Seizure South ...
Gold fever breaks, leaving silver linings for singed investors
livemint.com - 7 Jul 2026 16:49
As speculative hype fizzles out and global central banks slow their purchases, the sharp drop in gold and silver highlights the danger of trading commodities for short-term gains.
Hyperliquid Stays Near All-Time High, Even as Bitcoin ETFs Lose $6.5 Billion
Bitcoin.com - 7 Jul 2026 15:48
Even as billions of dollars exit major crypto investment products, Hyperliquids HYPE token has remained resilient despite heavy withdrawals from U.S. spot bitcoin and ethereum ETFs, according to Coinshares. Why Is Hyperl...
Has Bitcoin bottomed for this cycle? Analysts say 'not yet'
Coin Telegraph - 7 Jul 2026 15:30
Some Bitcoin analysts point to a deeper downside risk, while others believes they can see the early signs of a recovery.
Trump Promised a Foreign Investment Boom. Its Getting Harder to Deliver.
The New York Times - 7 Jul 2026 15:23
The threat of tariffs may have helped push more capital into the United States, but other factors are pushing it away.
Turing cuts Nvidia reliance, taps AMD for 10% of AI training
The Street - 7 Jul 2026 15:17
A five year old Tokyo startup is quietly testing whether AMD chips can hold up against the industry standard.
U.S. Trade Deficit Widens in May on Record Goods Imports
The New York Times - 7 Jul 2026 15:12
Imports of foreign goods hit a record high in the month, pushing the trade deficit to its highest level in over a year.
Samsung Earnings Just Hit a Record, and It Could Make Your Next Phone and Laptop More Expensive
IBTimes - 7 Jul 2026 07:43
Samsung's record $58.4 billion quarterly profit is built on a memory chip shortage that is set to raise US prices for phones, laptops, SSDs, and games consoles.
Europes Crypto Lead at Risk if MiCA Rollout Fragments, Binance CEO Warns
Bitcoin.com - 7 Jul 2026 05:05
Europes MiCA framework gave the EU an early lead in crypto regulation, but Binances CEO warned that inconsistent implementation could shape whether digital asset firms, users, and capital remain in the region. Europe Has...
New jobs data reveals troubling wave of cuts at retail and restaurant chains
The Street - 7 Jul 2026 02:17
While the broader economy technically expanded, consumer-facing sectors cut 1000s of jobs in June.
Victims of 23andMe data breach to get $47m payout, judge rules
BBC - 8 Jul 2026 01:47
23andMe compiles genetic profiles of people through DNA testing kits, but it was heavily criticised after a 2023 hack.
Trump accounts Palantir sale hides a bigger AI shift
The Street - 8 Jul 2026 01:47
Wall Streets AI trade may be moving beyond software
Is K2 Airways Boeing 737 the Next Malaysia Airlines Flight 370? What To Know About Both Flights
IBTimes - 8 Jul 2026 01:41
A K2 Airways cargo plane vanished over the Arabian Sea after reporting navigation issues, prompting an international search and comparisons to the MH370 disappearance.
Andrew and Tristan Tate Accused of Using 'The Lover Boy Method' to Recruit Women Into Webcam Sex Work
IBTimes - 8 Jul 2026 01:35
Romanian prosecutors have expanded charges against Andrew and Tristan Tate, accusing them of using manipulative tactics to recruit women into their webcam business, alongside allegations of trafficking and witness intimi...
Package holidays to Dubai and Egypt cheaper as European prices creep up
BBC - 8 Jul 2026 01:34
Family deals to many non-European destinations are cheaper this summer than last, as travel nerves have slowed bookings.
Dubai and Egypt package holidays cheaper to lure customers back
BBC - 8 Jul 2026 01:34
Family deals to many non-European destinations are cheaper this summer than last, as travel nerves have slowed bookings.
Top U.S. firm acquires EasyJet after huge losses
The Street - 8 Jul 2026 01:33
Castlelake's $7.3 billion takeover bid values EasyJet at 73% above its May price. Here's what it means for investors and European aviation stocks.
XRP Sees Triple Adoption Boost as Tokenized Assets Reach $4 Billion, ETF Demand Stays Strong
Bitcoin.com - 8 Jul 2026 01:30
XRP is showing growth across multiple adoption metrics, with approximately $4 billion in tokenized real-world assets, continued spot XRP ETF inflows, and rising wallet creation, according to XRP treasury company Evernort...