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OpenAI's GDPval benchmark has revealed that AI, particularly models like Claude and GPT-5, is matching human experts in various professional tasks such as legal briefs, coding, and report generation. The study assessed 1,320 tasks across 44 occupations, particularly focusing on roles that rely heavily on digital work,
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Bitcoin's price continues to decline, dipping below the critical $109,000 support level, as bears target this mark during the last Wall Street open of the week. Despite recent US PCE inflation data aligning with expectations, crypto traders remain cautious, with significant selling pressure noted. Bitcoin is now
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Chainlink's native token, LINK, has dropped to a six-week low of $20, marking a nearly 28% decline from its August highs amid a generally bearish market. Despite this downturn, buying interest remains strong. A notable purchase of $4 million in LINK by wealth management firm Caliber has raised
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Riot Platforms (RIOT) received dual upgrades from JPMorgan and Citigroup, reflecting a positive shift in investor sentiment regarding the bitcoin mining company amid evolving industry conditions and a focus on high-performance computing. JPMorgan upgraded Riot’s rating to overweight from neutral and increased its price target to $19, citing it
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Kraken has completed a $500 million funding round, valuing the crypto exchange at $15 billion and moving closer to a potential IPO now anticipated in 2026. The round included various investment managers, venture capitalists, and co-CEO Arjun Sethi through Tribe Capital. Founded in 2011, Kraken has built a strong reputation
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As President Donald Trump's second term unfolds, the CFTC still lacks a permanent chair. Although Brian Quintenz was favored for the role, confirmation stalled due to White House requests. Names like Michael Selig, Tyler Williams, Jill Sommers, Kyle Hauptman, and Josh Stirling have surfaced as potential candidates. Selig
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Eric Trump, the son of former President Donald Trump, believes that stablecoins have the potential to preserve the strength of the US dollar. In a recent interview, he cited USD1, a stablecoin linked to the Trump family's crypto project, World Liberty Financial, claiming it could reinvigorate the dollar
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In crypto today, UK Finance announced the launch of a pilot for tokenized sterling deposits (GBTD) in partnership with six major banks: Barclays, HSBC, Lloyds Banking Group, NatWest, Nationwide, and Santander. This initiative aims to digitize traditional British pound commercial bank money and will explore its benefits for customers and
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The CoinDesk 20 index experienced a decline, trading at 3816.51, down 1% since Thursday. Avalanche (AVAX) was highlighted as a significant underperformer, sliding 7.1%, while NEAR Protocol also suffered a decline of 6.1%. No assets in the index recorded gains, with Ethereum (ETH) and Internet Computer (ICP)
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Cipher Mining announced an upsized offering of $1.1 billion in 0.00% convertible senior notes due 2031, increased from an initial target of $800 million. The notes are convertible at an initial price of $16.03 per share, representing a 37.5% premium over the recent stock price of
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Cronos, the cryptocurrency of Crypto.com’s Cronos Chain, has faced major selling pressure since the Trump Media Group CRO Strategy launch. Following initial excitement, the token plummeted to below $0.19, nearing pre-announcement levels. The market cap has decreased by over $6 billion, dropping Cronos out of the top
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Bitcoin is trading around $109,300 after a brief dip below $109,000, influenced by a reported 2.9% year-over-year increase in U.S. core inflation for August. The cryptocurrency faced a challenging market, with approximately $970 million in liquidations, predominantly from long positions betting on price increases. Predictions among