Arthur Hayes predicts AI bubble burst before bitcoin recovery

Arthur Hayes, cofounder of BitMEX, argues that bitcoin will not stage a durable recovery until the artificial intelligence investment boom collapses. In a recent essay, he links crypto market weakness to the scale of capital flowing into AI infrastructure and the way it has reshaped global liquidity since late 2022. Hayes says around 1.5......

OpenAI ipo filing accelerates capital shift from bitcoin markets

Bitcoin recorded its sharpest weekly decline in more than three years after a wave of capital rotation away from crypto assets toward artificial intelligence equities and upcoming mega listings. The cryptocurrency fell roughly 14 percent over a short trading window, sliding from around 67,000 dollars to near 59,100 dollars. The move triggered......

Honda America recalls over 880,000 vehicles due to rear suspension defect risk

Honda Motor America has announced a large-scale recall affecting more than 880,000 vehicles in the United States due to a potential failure in rear suspension components, according to the National Highway Traffic Safety Administration (NHTSA). The recall covers several popular models, including certain versions of the Honda Pilot, Honda Ridgeline,......

Strong US jobs data rattles global stock markets

US financial markets fell sharply after a stronger-than-expected employment report signaled continued economic resilience and reduced expectations for near-term interest rate cuts. The US economy added 172,000 jobs in May, nearly double economists’ forecasts of 80,000 to 85,000. The unemployment rate held steady at 4.3 percent, reinforcing......

Germany approves first cannabis-based chronic pain medication Exilby

A biopharmaceutical company has secured regulatory approval in Germany and Austria for a cannabis-derived oral treatment targeting chronic lower back pain with neuropathic features. The product, Exilby (VER-01), becomes the first cannabis-based medicine explicitly authorized for chronic pain management in these markets. The company plans to......

Marco Rubio pushes Trump to approve Israeli strikes on Iran

Marco Rubio played a decisive role in internal discussions that led Donald Trump to authorize Israeli military strikes against Iran following a wave of missile exchanges. The approval marked a shift from earlier public messaging that suggested restraint and diplomatic engagement. The decision came after high-level consultations involving US......

U.S. Embassy in Rabat marks 250th independence anniversary and highlights long-standing U.S.–Morocco partnership

The Embassy of the United States in Rabat has celebrated the 250th anniversary of American independence during its annual national day reception, held for the first time at the historic Chellah site in Morocco’s capital. The event brought together senior Moroccan officials, diplomats, and representatives from the public and private......

NASA names Artemis III crew for critical lunar mission test

NASA has unveiled the four astronauts selected for Artemis III, a mission that marks a major milestone in the agency’s effort to return humans to the Moon. Scheduled to launch no earlier than late 2027, the two-week mission will focus on testing key technologies and operational procedures required for future lunar landings rather than......

El Niño poised to push global temperatures to new highs

Climate agencies and meteorological experts are warning that a potentially record-breaking El Niño event is taking shape across the Pacific Ocean, raising concerns about extreme weather and further increases in global temperatures. Forecasts suggest the phenomenon could become one of the strongest observed in more than a century, adding......

Musk unveils orbital ai data centers ahead spacex ipo

SpaceX has outlined plans to deploy artificial intelligence data centers in orbit, positioning space-based computing as a future core business. The concept was presented in a 31-minute video featuring the company’s chief executive and engineer Ian Dahl, who described a system of satellites designed to process AI workloads directly in......

Iran accuses United States of blocking World Cup fans

Iran’s football federation has accused the United States of preventing Iranian supporters from attending group-stage matches at the 2026 FIFA World Cup. The federation said its allocated ticket share was withdrawn shortly before the start of the tournament, limiting access for fans who had already prepared to travel. The federation......

EU orders Meta to restore WhatsApp AI competitor access

The European Commission has ordered Meta to restore free access to WhatsApp for competing artificial intelligence assistants within five working days. The decision represents the first interim antitrust measure taken by the European Union in 17 years and follows a six-month dispute over access to one of the most widely used messaging platforms......

Kremlin rules out Trump-Putin call as Ukraine talks stall

The Kremlin has stated that no telephone call is currently planned between United States President Donald Trump and Russian President Vladimir Putin, and no date has been set for a possible visit to Moscow by American negotiators Steve Witkoff and Jared Kushner. The announcement reflects a pause in high-level diplomatic engagement over the......

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