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Key Takeaways Amazon on Tuesday said it planned to reduce its workforce by about 14,000 jobs.The company said it needs to be “organized more leanly, with fewer layers and more ownership, to move as quickly as possible for our customers and business.” More big job cuts are coming at Amazon. Amazon (AMZN), the retail and tech giant, on Tuesday said it would cut around 14,000 jobs from its white-collar workforce. The news made it the latest corporate giant to do so—and one of several big tech companies that are paring back at a time when business is strong. Amazon is…

Trump Media and Technology Group is launching a new feature called Truth Predict, bringing prediction markets to its social media platform Truth Social through a strategic partnership with Crypto.com. Quick Summary – TLDR: Trump Media teams up with Crypto.com to launch Truth Predict, a prediction market on Truth Social. Users will soon be able to forecast outcomes on politics, sports, economics, and more. The platform aims to democratize access to betting-style forecasting previously limited to elite institutions. This move positions Trump Media alongside industry leaders like Kalshi and Polymarket in the booming prediction market space. What Happened? On Tuesday, Trump…

Pi Network price is taking part in the ongoing crypto market rally. It jumped to a high of $0.2933 on Monday, up by 96 percent from its lowest level this month. It has risen in the last six consecutive days despite warnings of market manipulation.  Pi Network Price Bullish Patterns Points to More Gains The daily timeframe chart shows that the Pi Network price has rebounded after falling to the all-time low of $0.15177 on October 11 as the crypto market crashed.  Pi has formed two unique patterns that may lead to more gains in the near term. It has…

SharpLink Gaming plans to deploy $200 million worth of Ether (ETH) from its corporate treasury onto Consensys’ Linea network.The company said the multi-year initiative will use Linea’s zkEVM layer-2 infrastructure to generate onchain yield and increase the efficiency of its ETH holdings. According to a Tuesday press release, the strategy aims to capture “highly competitive, differentiated, risk-adjusted ETH-denominated returns.”SharpLink plans to generate yields from staking, restaking rewards earned by helping secure EigenCloud’s decentralized verification services (AVSs), and incentives from Linea and ether.fi — a decentralized liquid staking and restaking protocol.Staking refers to locking up cryptocurrencies to help secure a blockchain…

Bitcoin breached $116,000 for the first time in two weeks, and the usual narrative surfaced: inflation hedge.But the data tells a different story. This cycle, Bitcoin trades less like a consumer-price shield and more like a real-time barometer of dollar liquidity and discount rates.The question isn’t whether Bitcoin hedges inflation, but whether a weaker dollar and falling real yields drive it now.BTC ≠ CPI hedge anymore?The inflation-hedge thesis isn’t wrong, just mistimed. Data suggests that Bitcoin rallied amid liquidity shifts and monetary pivots, not because the Bureau of Labor Statistics printed 3.1% instead of 3%.CPI measures price levels with a…

Chobani’s CEO said he used to sleep on the factory floor in the early days of the Greek yoghurt company.Hamdi Ulukaya, a Turkish billionaire who started Chobani in 2005, said in a Tuesday “Rapid Response” podcast episode that he started his business in the countryside.”Where I started business is country where the cows are, where the land is, and no bars and no restaurants, nothing,” Ulukaya said. “So you’ll sleep in the factories.”The company was founded in New Berlin, New York, a small countryside town about 200 miles from New York City.Ulukaya said in the podcast that in the first…

Credit: Pixabay/CC0 Public Domain New global findings in the 9th annual indicator report of The Lancet Countdown on Health and Climate Change reveal that the continued overreliance on fossil fuels and failure to adapt to climate change is being paid in people’s lives, health, and livelihoods, with 12 of 20 indicators tracking health threats reaching unprecedented levels. The report says failure to curb the warming effects of climate change has seen the rate of heat-related deaths surge 23% since the 1990s, to 546,000 a year. In 2024 alone, air pollution from wildfire smoke was linked to a record 154,000 deaths,…

SOL Strategies Inc. (CSE: HODL) (NASDAQ: STKE) (“SOL Strategies” or the “Company”), the first publicly traded company to combine a substantial Solana treasury with a revenue-generating validator business, today announced it has successfully completed its SOC 2 Type 2 & SOC 1 Type 2 examination with no exceptions noted. The audit validates SOL Strategies’ robust controls, effective risk management and adherence to industry best practices for its validator operations.This achievement builds upon the Company’s existing certifications and reports, including ISO 27001, SOC 2 Type 1, and SOC 1 Type 1, further demonstrating SOL Strategies’ commitment to maintaining the highest standards…

Artificial Intelligence (AI) is transforming nearly every industry—and the crypto world is no exception. The rise of AI-powered blockchain projects has given birth to a new class of digital assets known as AI coins. These tokens fuel platforms that integrate AI with blockchain technology, enabling innovations like predictive analytics, automated trading, decentralized data processing, and smarter decision-making systems. As the demand for intelligent and efficient crypto solutions grows, AI coins are gaining attention from both investors and tech enthusiasts alike. They represent the intersection of two revolutionary fields, offering a glimpse into the future of decentralized intelligence and automation. Here…

US investor appetite for staking-focused exchange-traded funds (ETFs) appears strong, as Bitwise’s new Solana exchange-traded product kicked off with over $220 million in assets on debut.The Bitwise Solana Staking ETF (BSOL) began trading on Tuesday with $222.8 million in assets, according to Bloomberg Intelligence senior ETF analyst Eric Balchunas.Balchunas said the size was significant for a newly launched crypto ETF and indicated increased institutional engagement and confidence in staking strategies.Source: Eric BalchunasBitwise previously launched a Solana staking exchange-traded product in Europe last year, but the US version faced delays due to regulatory uncertainty surrounding staking activities.BSOL offers investors exposure to…