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Bitcoin News / Bitcoin.com - 1 month ago

US PPI Data Surprises to the Upside, Sends Hawkish Signals, Bitcoin Plunges to $72K

Inflation just kicked the door in, and February’s Producer Price Index is the kind of uninvited guest the Federal Reserve definitely did not RSVP for. U.S. Wholesale Prices Jump, Reinforcing Higher-for-Longer Rate Narrative Wholesale prices rose 0.7%...

Cryptocoins News / Blockchain  - 1 month ago

Beyond Analysis: A Hunter's Epistemology of "Seeing" and "Acting" in Capital Markets

Within the mainstream discourse of capital markets, "analysis" occupies an unquestioned position of centrality, spawning a vast parasitic industry devoted to market commentary and prediction. Yet the essential nature of the market more closely resemb...

Cryptocoins News / Blockchain  - 1 month ago

Deconstructing and Reconstructing Rationality: The Philosophical Dimension of "Present-Moment Practice" in Capital Markets

"Rationality" is among the most chronically abused concepts in the capital markets. Virtually every investment framework that claims the mantle of rationality is, upon examination, undergirded by a presupposed value system — and the very attempt to d...

Bitcoin News / Bitcoin.com - 1 month ago

OpenAI Faces Backlash After Pentagon AI Deal as ChatGPT Uninstalls Spike in US

OpenAI’s push into classified U.S. military networks collided with a consumer backlash and a quieter but consequential infrastructure pivot, underscoring the tightrope the artificial intelligence (AI) giant is now walking between national security am...

Bitcoin News / Bitcoin.com - 1 month ago

Cango Reports $452M Net Loss Despite $688M Revenue in First Full Year of Bitcoin Mining

Cango Inc.’s first full year as a bitcoin miner delivered $688.1 million in revenue but ended with a $452.8 million net loss, driven largely by non-cash charges tied to equipment impairments and bitcoin price-linked accounting adjustments. Cango Sell...