Fast 60-second crypto and financial news updates

🇺🇸 US dollar has lost 97% of its purchasing power since the Federal Reserve was created.

A $3 item in 1913 would cost $100 today.
 
Weekly Recap:

• Senator Bernie Sanders introduces bill to ban AI that exceeds human intelligence permanently.

• Bank of America VP Erin Piacenti killed in Times Square stabbing.

• 'Rich Dad Poor Dad' Robert Kiyosaki reveals he is $1.2 billion in debt.

• President Trump calls on the Fed to cut interest rates.

• SEC Chair Paul Atkins expects the Crypto Clarity Act to pass this month.

• British celebrity Katie Price divorces husband after finding just $3 in his crypto wallet despite claiming he had $50 million.

• Netherlands moves $12.1 billion in gold from the US and Canada.

• Elon Musk says PlayStation and Xbox consoles will connect directly to Teslas.

• US secures majority control over 65 billion barrels of Venezuelan oil.

• John Ternus replaces Tim Cook as Apple CEO.

• US Mint puts the 2026 Trump $1 coin into circulation.

• NSA drops opposition to the Crypto Clarity Act.

• Trump says the stock market should rise "like a rocket ship."

• Canada loses 41,700 jobs amid its US trade war.

• Ripple signs multi-year sponsorship deal with the University of Florida.

• Prime Minister Carney says trade talks will resume when Americans "stop doing memes."

• Russia's new cryptocurrency law takes effect.

• SEC plans roundtable on 24-hour stock trading.

• G20 agrees to develop crypto and stablecoin regulations.

• Apple CEO John Ternus to receive $58 million pay package in 2027.

• Bessent says America must grow its way out of debt.

• Michael Saylor's 'Strategy' buys 4,603 Bitcoin for $369 million.

• Bessent says Hormuz will be bypassed and "worthless" within two years.

• Coinbase CEO says banks oppose crypto competition.

• OpenAI launches its most powerful model, GPT-6 Astra.

• SEC proposes rules supporting blockchain-based securities transactions.

• Coinbase files to offer perpetual stock trading in the US.

• Trump says AI will create millions of jobs and cure diseases.

• Trump proposes renaming Hormuz the "Trump Strait."

• Tom Lee's 'BitMine' buys 53,501 ETH for $131 million.

• President Trump threatens to stop trading with countries the US has a deficit with if interest rates are not lowered.

• World's largest sovereign wealth fund plans deep US Treasury cuts.

• Fed Chair Warsh says a global investment surge is underway.

• Nvidia acquires Hugging Face for $12.93 billion.

• Hyperliquid and Kraken's parent discuss entering the US market.

• Elon Musk says X recorded its highest-ever monthly downloads.

• Atkins calls the SEC's crypto proposal its most historic step yet.

• Treasury Secretary Bessent says oil prices are going to come down.

• US unemployment holds at 4.1%.

• $400 billion Standard Chartered launches institutional spot crypto trading in the UAE.

• Apple accuses OpenAI of destroying crucial evidence.

• Coinbase signs Canadian crypto infrastructure deal with Webull.
 
**JUST IN:** 4,000 Bitcoin worth $320 million withdrawn following Liquid Network hack.

The hacker is now communicating with network maintainers through on-chain Bitcoin transactions & intends to return the $BTC after the vulnerability is fixed.
 
**JUST IN:** 🇺🇸 US consumers have spent an estimated $100 billion more on fuel since February 28th due to the Iran war.
 
**JUST IN:** Ethereum to let users pay transaction fees with stablecoins instead of $ETH in 2027.
 
**JUST IN:** OpenAI's top scientist warns AI is advancing so fast it is becoming increasingly difficult for humans to understand and control.
 
**JUST IN:** Former OpenAI & Anthropic researcher quits over fears AI race will lead to systems that destroy humanity.
"The people building AI earnestly believe that it could kill us all by the end of the decade."
 
**JUST IN:** Anthropic's Lead AI Alignment researcher says he believes there is a >10% chance "AI could kill all humans" within the next decade.
 
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