The Disadvantages of Institutional Investors Adopting Crypto

Bitcoin continues to hold above $67,000 per token, yet it struggles to break back above the $70,000 mark after a steep decline from its record high last October. As Wall Street and traditional institutional investors increasingly adopt cryptocurrency market exposures, especially through ETF products, some notable disadvantages have emerged. One significant change is an increase […]

Tech Sector Needs to Answer One ‘Big Question’

It was a strange week marked by significant volatility, culminating in a sharp bounce-back on Friday. But that single day of gains doesn’t necessarily mean everything is magically okay. The sell-off was particularly severe for software stocks, which plummeted over a two-week period before rebounding strongly. However, such a sharp recovery after being deeply oversold […]

Big Tech’s Data Center Push Raises Electricity Bills, Lawmakers Seek to Slow Expansion

A surge in data center construction, driven by major technology companies, is meeting growing resistance from lawmakers at both the state and federal level. The primary concern is the immense strain these facilities are placing on the nation’s power grid, leading to higher electricity bills for consumers. This week, a bipartisan group of U.S. senators […]

White House crypto adviser says there’s no time to wait as Clarity Act window closes

Time is running out for cryptocurrency regulation in Washington. Patrick Witt, the executive director of the President’s Council of Advisors for Digital Assets, urged lawmakers not to let the opportunity slip away, saying the window for passing the Clarity Act is rapidly closing as the political focus shifts toward the upcoming midterm elections. The crypto […]