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Friday, June 5, 2026

NEW ECONOMY

Trump Defends CFTC Jurisdiction Over Prediction Markets

US President Donald Trump has backed the Commodity Futures Trading Commission as having the “exclusive authority” over prediction markets, as state regulators' action against the platforms mounts.“It is critically important that the CFTC’s exclusive authority over Prediction Markets is...

HYPE Hits $65 As ETF Flows Fuel Growth: Is $100 Next?

Hyperliquid’s native token HYPE continues to rally, possibly targeting $100 as its next all-time high, as inflows to its exchange-traded funds highlight investor demand. Inflows into the HYPE ETFs reached $89 million over the past nine days, which is equivalent...

ETH Treasury Firms Rely on Staking Revenue as Losses Top $1.4B, Everstake Says

Key TakeawaysEverstake found that ETH treasury firms lost $1.41B as crypto market cap fell 30.6%.Sharplink and Bit Digital relied on staking, which made up 60% of reported revenue.Everstake says ETH firms now need DeFi, MEV, and staking yields to...

Her Small Business Made $1 Million in 6 Months Thanks to TikTok. Here’s What Worked

How two entrepreneurs used the social media platform to grow their small businesses. Source link

The Pope’s ‘AI encyclical’ says a lot. Yet critics say it misses AI’s most pressing challenges | Fortune

Hello and welcome to Eye on AI. In this edition…The Pope takes on AI…Microsoft becomes the latest company to “toll gate” some of its systems…OpenAI solves an Erdös problem (for real)…and that sound you hear is the cognitive dissonance...

After receiving backlash, the CEO of Standard Chartered apologizes for hurt over saying ‘lower value human capital’ will be automated by AI | Fortune

The baby boomer bank leader took to LinkedIn to admit that his words had unnerved some of his coworkers. “I have received a lot of support for the messages in my previous post but still get questions about my...

Bitcoin Price Chart Projects BTC to Reach $255K ‘Minimum’ Target

Bitcoin (BTC) is up roughly 30% from its Feb. 6 low below $60,000 as a multi-year bullish chart pattern suggests BTC price could rise to as high as $220,000 in the coming months.Key takeaways:Bitcoin's cup-and-handle pattern puts BTC’s minimum...

Bearish Pressure On Shiba Inu May Be Nearing Completion, Weekly Chart Suggests

Open interest in Shiba Inu climbed 2.1% over the past 24 hours even as spot trading volume fell 18%, sending conflicting signals about where the token is headed next.What The Chart Is Showing SHIB is currently trading around $0.0000056, near...
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Colombia’s outgoing president Gustavo Petro accuses Trump of intervening in his country’s election

In less than two weeks, Colombians will head to the polls in a runoff election to...
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