The post The World’s Biggest Investor Is Trimming AI Stocks. Should You Worry? appeared on BitcoinEthereumNews.com.
BlackRock has pulled back on AI stocks most directly tied to the artificial intelligence (AI) boom, Chief Investment Officer of Global Fixed Income Rick Rieder said Wednesday. He described the sales as rebalancing, not a reversal. BlackRock manages more client assets than any rival, so its positioning attracts unusual attention. Investors are already debating whether the market’s concentration in a few AI winners has gone too far. BlackRock AI Stocks Pullback Reflects Selectivity Speaking on CNBC, Rieder said his team trimmed positions in companies whose earnings depend most heavily on the AI buildout. In a separate clip, he added that the firm also cut a notable slice of its overall equity exposure. He framed the shift as trimming winners rather than exiting the theme. “Some of the companies that are more directly tied to AI, we’ve pulled back a bit and rebalanced a bit,
The post Aionet Partners With CyperChat To Elevate Web3 Communication appeared on BitcoinEthereumNews.com.
Aionet Chain, a project that combines Artificial Intelligence (AI) with decentralized infrastructure, has announced its strategic partnership with CyperChat, a privacy-focused anonymous Web3 platform. The primary purpose of this collaboration is to empower Web3 infrastructure for the betterment of Web3 communication along with decentralization. This alliance is actively playing an important role in the development of secure, decentralized, and scalable infrastructure for global adoption. Both platforms are well known in decentralized ecosystems, because they are facilitating users for a long time with highly satisfaction responses from users. Aionet Chain has shared this news through its official X account. Aionet Chain and CyperChat Revolutionize the Future of Web3 The alliance of Aionet Labs and CyperChat is basically uplifting AI capabilities, blockchain infrastructure, decen
The post Bitcoin ETFs Log Third Straight Day of Inflows Led by BlackRock’s $54.8M IBIT appeared on BitcoinEthereumNews.com.
Bitcoin News US spot Bitcoin (BTC) exchange-traded funds extended their recovery for a third consecutive trading day, with the product category posting $21.44 million in net inflows. The rebound was carried almost entirely by BlackRock’s IBIT, which absorbed $54.8 million on the session and single-handedly offset redemptions elsewhere in the complex. It marks the most durable stretch of positive flows for the Bitcoin fund category since a punishing June selloff, and it arrives while spot price sits near the $62,000 area. On-chain and flow data we track show the turn is real but still fragile, not yet a confirmed demand reversal. The three-day run followed a broader two-session snapback in which US spot Bitcoin ETFs pulled in roughly $500 million combined, ending a multi-week bleed. The official flow data records $221.72 million of net inflows on July 2 and $265.69
The post Bitcoin Drops Gains As Bulls Cut Risk Ahead of Fed Minutes Release appeared on BitcoinEthereumNews.com.
Bitcoin (BTC) trades slightly above $62,000 and is down nearly 2% over the past 24 hours amid a risk-off mood across global markets. The pressure is not coming from crypto exclusively and is more so attributed to a sharp selloff in semiconductor and AI stocks. Renewed profit-taking from Samsung sent Asian markets reeling overnight, and military escalation between the US and Iran sent oil up around 5%. As a result, US stocks opened lower, and on Wednesday the Federal Reserve released the minutes from its June meeting, a report traders typically watch closely for clues on the timing of any rate cut. Currently, markets price roughly a 73% chance the Fed holds rates steady at its next meeting on July 29, but the major takeaway for investors will be how the tone of the minutes frames the Fed’s view on inflation and interest rates. Bitcoin buyers quickly became sellers Bitcoi
The post Fed flags AI inflation risk as rate hike odds climb above 59% appeared on BitcoinEthereumNews.com.
The Federal Reserve has warned that strong artificial intelligence-related demand could keep inflation elevated, while market pricing for a U.S. interest rate hike this year has climbed above 59%. Summary Fed minutes identified AI demand, tariffs, and Middle East tensions as potential drivers of persistent inflation. Most Fed officials said higher rates may be needed if inflation stays above the 2% target. Polymarket now prices a 59% chance of a Fed rate hike this year, while July pause odds remain at 69.5%. According to the minutes of the Federal Reserve’s June Federal Open Market Committee meeting, policymakers discussed several paths for monetary policy depending on how inflation and the labor market develop. One of the scenarios considered involved inflation staying above the central bank’s 2% target despite a stable labor market, driven by strong AI-related demand, the confl
The Federal Reserve has warned that strong artificial intelligence-related demand could keep inflation elevated, while market pricing for a U.S. interest rate hike this year has climbed above 59%. According to the minutes of the Federal Reserve’s June Federal Open…
The post Meta’s Market Value Passes Tesla’s—But Both Stocks Are Still Tanking appeared on BitcoinEthereumNews.com.
Topline Meta edged past Tesla in market value Wednesday—not because Meta’s stock rose, but because Tesla’s fell harder—setting up Meta’s earnings report later this month as a test of whether the tech giant’s big spending on artificial intelligence is paying off. Meta shares topped Tesla’s market value by more than $50 million. Photo illustration by Cheng Xin/Getty Images Key Facts Meta’s total market value crossed above Tesla’s on Wednesday, with Meta shares trading at $605.16 as of 1:25 p.m. EDT—giving the company a market value of over $1.5 trillion. Meta shares were down 1.7% on the day even as the milestone was reached, while Tesla’s stock slid over 2.3%, handing Meta the lead in market value by default rather than through any gain of its own. Meta has traded between $520.26 and $796.25 since last July and is now roughly around the middle of that range, well below the
The post Fed minutes show AI joining tariffs as inflation risk, reinforcing higher-for-longer rates appeared on BitcoinEthereumNews.com.
Federal Reserve officials viewed artificial intelligence-driven investment as an emerging source of inflationary pressure at their June policy meeting. They added another reason to keep interest rates elevated, even as the labor market remained stable. Minutes from the June 16–17 Federal Open Market Committee [FOMC] meeting show policymakers increasingly linking AI-related demand with persistent inflation. It reinforces expectations that borrowing costs could stay higher for longer. For crypto markets, that points to a macro backdrop that may delay the liquidity boost typically associated with lower interest rates. Fed says AI investment is adding to inflation pressures The minutes show officials broadly agreed that inflation remained well above the Fed’s 2% target and had become more broad-based. While policymakers continued to cite tariffs and sup
The post Blackrock’s IBIT Lifts Bitcoin ETFs With $54.8 Million as Inflows Reach Day 3 appeared on BitcoinEthereumNews.com.
Key Takeaways Bitcoin ETFs added $21.44M, extending inflows to 3 straight sessions led by Blackrock IBIT. Ether ETFs gained $26.93M, while HYPE and solana also attracted fresh investor demand. XRP ETFs were inactive as July’s recovery hinges on sustained multi-day ETF inflows. Ether ETFs Extend 4-Day Inflow Run as Blackrock’s ETHA Adds $26.9 Million The rebound did not roar. It held. After weeks of bruising redemptions, crypto ETFs continued to draw capital for another session, even if the pace slowed from Monday’s stronger start. Bitcoin and ether remained the center of attention, with both categories extending their inflow streaks. Altcoin demand also stayed firm, led by HYPE and solana products. Bitcoin and Ether Keep the Recovery Alive Bitcoin ETFs posted $21.44 million in net inflows, marking their third consecutive day in positive territory. Blackrock’s IBIT