In brief Perplexity launched Brain, a memory system for Computer that builds a context graph of past sessions, sources, and corrections—then synthesizes it overnight into a personal LLM wiki loaded before each new task. Perplexity’s own early metrics show Brain boosts answer correctness by 25% on repeated tasks, recall by 16%, and cuts the cost…
STORY: Wall Street’s main indexes closed higher on Thursday, with the Dow ticking up more than a tenth of a percent, the S&P 500 adding more than 1% and the Nasdaq gaining nearly 2%. The session began with oil prices sliding to their lowest levels since early March after the U.S. and Iran signed an…
Good news for the American worker came at the worst possible moment for Bitcoin. Initial jobless claims fell by 4,000 to 226,000 for the week ending June 13. Layoffs are in the historically low range they’ve held for most of the post-pandemic era, and the unemployment rate has remained at 4.3% for a third straight…
In brief Celsius founder Alex Mashinsky was banned from trading markets regulated by the CFTC. Mashinsky was imprisoned for 12 years after pleading guilty to counts of securities and commodities fraud. Earlier this year, the FTC permanently banned him from working in the cryptocurrency ecosystem again. The Commodity Futures Trading Commission (CFTC) has resolved its…
Futures Ease While Investors Question Strength of U. S. Source link
For years, Bitcoin miners were little more than leveraged bets on BTC prices. That’s changing fast. As mining margins tighten and demand for AI computing accelerates, the industry’s biggest players are discovering that access to power and data center infrastructure may be more valuable than hash rate. That shift gained further validation this week as…
There is a specific phrase in this prediction worth sitting with for a second, classic post-halving correction phase. Elon Musk’s Grok AI is not predicts the current chart as weakness or trend failure. It is describing it as a known stage in a known cycle, one that has historically resolved into the most explosive part…
Key Takeaways Cryptoquant’s Ki Young Ju says BTC-pair altcoin volume has collapsed to its lowest since 2021. Altcoin spot selling hit a five-year high as bitcoin dominance held near 58% all through June. Young Ju says 99.9% of altcoins should be rejected in favor of DeFi and RWA tokens with real revenue. A Rotation That…
Key Takeaways Rep. Bryan Steil’s bill would bar House members and families from political bets on Kalshi and Polymarket. Violators face a penalty of at least $2,000 or 10% of the trade, plus forfeiture of net profits. Speaker Johnson and Trump back the measure, which echoes a Senate rule passed earlier in 2026. A New…
A stress test that showed both strengths and weaknesses When large sums leave a financial system quickly, hidden weaknesses often become visible. In traditional finance, such situations often lead to emergency lending programs, withdrawal limits or government-backed bailouts. Decentralized finance (DeFi) works differently. Aave is one of crypto’s biggest lending platforms. In April 2026, users…
