Business – Page 5 – PK Press Club

Bitcoin Halving Cycle History Challenges $300,000-$500,000 Predictions

Veteran trader Peter Brandt predicts a peak between $300,000 and $500,000. Bernstein analysts Gautam Chhugani and Mahika Sapra expect prices to reach $500,000 by 2029, citing growing demand for spot exchange-traded funds (ETFs). Reality check However, even though four-year cycles have consistently produced new all-time highs, the reality of this cycle is different. As Bitcoin […]

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Meta’s chief data officer says agent commerce is the ‘next level of business’

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In a wide-ranging conversation on CoinDesk Spotlight, Schultz presented a vision for Meta’s future in which agent trading is not a product category but an inevitability. “We think this could be the next level of activity for our entire company,” he told host Sam Ewen. The agentic economy is already here, but it is unevenly

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Atlassian employee illegally fired: rare legal victory for technician

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As tech employees have become more outspoken at work over the past decade, companies have often fired or disciplined those they believe have gone too far. It is rare for workers to find legal recourse. But a decision handed down last week constitutes a rare exception. An administrative law judge with the National Labor Relations

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US government’s digital dollar set to be banned tonight under Housing Act’s CBDC limit

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The limit on CBDCs expires at the end of 2030, although there is little chance of a Fed digital currency being implemented by then. Appetite is limited at the central bank, where its previous leaders — even before Trump’s new Fed Chairman Kevin Warsh arrived — had long said such an effort would require White

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Hyundai adopts stablecoins for cross-border cash transfers

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Hyundai, the world’s third-largest automaker by vehicle sales, has put a cross-border internal funds transfer system based on stablecoins on the Avalanche blockchain into production, becoming the first major South Korean company to do so. “Hyundai is the first major company to publicly announce this type of implementation on Avalanche, but the initiative represents more

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AI has rewarded investors. This could now represent their biggest risk.

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Viewed as a whole, the U.S. stock market has seen a continued AI rally, shifting focus to different groups of stocks while retaining its power. The first to rise to the market were the big tech stocks of the so-called Magnificent Seven, including Alphabet, Amazon, Apple, Meta, Microsoft, Nvidia and Tesla. As the rally spread,

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Japan’s ‘invest locally’ plan expected to boost demand for assets like bitcoin (BTC) and gold: Crypto Daily

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This hidden form of taxation, first used by nations after World War II, allows authorities to finance deficits cheaply, gradually erode the real value of the debt burden through moderate inflation, and avoid the relatively damaging alternatives of outright default or severe austerity. (Other indebted countries like the US, UK and European countries could do

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OKX, MetaMask and Matter Labs support dispute resolution court for AI agents

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A group of crypto and Web3 companies including OKX, MetaMask, Matter Labs and Genlayer have formed the “Internet Court” to help resolve disputes between AI agents. Today, AI agents negotiate and pay each other without humans being involved, but as with human-to-human transactions, agent-to-agent transactions will be fraught with contractual disagreements. The problem is that

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Circle Achieves Banking Milestone With Approval From U.S. Trusted Bank

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Circle (CRCL), the issuer of the world’s second-largest stablecoin USDC, has received approval from the U.S. Office of the Comptroller of the Currency (OCC) to establish a national fiat bank. Domestic trust banks are licensed to provide custody and fiduciary services to users, but do not accept consumer deposits or make loans like traditional commercial

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Metaplanet announces joint study to bring BTC-powered digital credit to Japan

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“The four companies will examine issues related to product design, the need for proof-of-concept initiatives and the possibility of future emissions,” Metaplanet said in a statement. “At this time, nothing has been determined regarding the issuance schedule, conditions, yield, product details, distribution methods or form of collaboration.” Japan’s traditional credit market leans in favor of

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