🚀 U.S. Department of Labor Proposes 401(k) Rule Allowing Bitcoin Consideration
#USDOL #401k #Bitcoin #cryptocurrency #retirementplans #alternativeassets #fiduciaries #duediligence #NS3AI #assetmanagement #financialregulations #BTC
The U.S. Department of Labor has introduced a proposal that could permit 401(k) plan fiduciaries to consider Bitcoin and other alternative assets. According to NS3.AI, the proposal aims to protect fiduciaries who adhere to a prudent due-diligence process, which includes evaluating fees, liquidity, valuation, and performance benchmarks. This initiative marks a shift from the 2022 guidance that advised caution regarding cryptocurrency in retirement plans, although it does not explicitly endorse any specific asset class.#USDOL #401k #Bitcoin #cryptocurrency #retirementplans #alternativeassets #fiduciaries #duediligence #NS3AI #assetmanagement #financialregulations #BTC
🚀 Atlas Scout Program Engages Columbia Students with Insightful Discussions
#AtlasScoutProgram #ColumbiaUniversity #StudentEngagement #Innovation #Blockchain #Finance #BNBChain #Stablecoins #Leadership #FutureCivilizations #HarvardUniversity
A recent event at Columbia University attracted a full house of students eager to engage with the Atlas Scout Program. YZi Labs posted on X that the session featured sharp questions from attendees, reflecting the program's aim to inspire future innovators. Ella Zhang addressed the audience, emphasizing the importance of dreaming and building for future civilizations, and expressed YZi Labs' desire to be a primary contact for aspiring leaders.
The event was co-hosted by Blockchain at CU and the Columbia Investment & Finance Society (CIFS). Cannae Huang, President of CIFS, provided an overview of the BNB ecosystem, while insights on stablecoins were shared by a lead from BNB Chain. The program's next stop is Harvard University.#AtlasScoutProgram #ColumbiaUniversity #StudentEngagement #Innovation #Blockchain #Finance #BNBChain #Stablecoins #Leadership #FutureCivilizations #HarvardUniversity
🚀 University Students Encouraged to Apply for Opportunities
#UniversityStudents #ApplyForOpportunities #PrestigiousUniversities #Stanford #Harvard #MIT #ColumbiaUniversity #NYU #CMU #UCBerkeley #YZiLabs #StudentEngagement #GrowthAndDevelopment
Students from prestigious universities such as Stanford, Harvard, MIT, Columbia University, NYU, CMU, and UC Berkeley are being encouraged to apply for new opportunities. YZi Labs posted on X, highlighting the initiative aimed at engaging students from these institutions. The call to action is directed at those studying at these universities or individuals who know someone attending these schools. This initiative seeks to leverage the talent and potential of students from top educational institutions, offering them a platform to explore new avenues for growth and development.#UniversityStudents #ApplyForOpportunities #PrestigiousUniversities #Stanford #Harvard #MIT #ColumbiaUniversity #NYU #CMU #UCBerkeley #YZiLabs #StudentEngagement #GrowthAndDevelopment
🚀 Microsoft Enhances Copilot Researcher with Critique and Council Features
#Microsoft #Copilot #AI #Critique #Council #GPT #Claude #DRACO #Researcher #AItools
Microsoft has introduced two new features, Critique and Council, to its Copilot Researcher tool. According to NS3.AI, the Critique workflow achieved a score of 57.4 points on the DRACO benchmark. Critique utilizes GPT for drafting and Claude for reviewing, while Council operates both models simultaneously and employs a judge model to evaluate the outputs.#Microsoft #Copilot #AI #Critique #Council #GPT #Claude #DRACO #Researcher #AItools
🚀 USDC Surpasses 1 Billion Transactions in March
#USDC #stablecoin #cryptocurrency #transactions #milestone #Circle #NS3AI
Circle Global Marketing Lead Peter Schroeder announced that USDC processed over 1 billion transactions in March. According to NS3.AI, this marks the first instance of a stablecoin reaching such a monthly transaction volume. Schroeder highlighted the significance of this milestone for USDC and the broader cryptocurrency market.#USDC #stablecoin #cryptocurrency #transactions #milestone #Circle #NS3AI
🚀 CFTC to Consider Sports League Input on Prediction Market Contracts
#CFTC #SportsLeagues #PredictionMarkets #MichaelSelig #NFL #Kalshi #Polymarket #Contracts #NS3AI
CFTC Chairman Michael Selig announced that the agency will place significant emphasis on the opinions of sports leagues when assessing prediction market contracts. According to NS3.AI, the NFL has communicated with platforms like Kalshi and Polymarket, advising them to steer clear of contracts linked to outcomes that can be easily manipulated or predetermined.#CFTC #SportsLeagues #PredictionMarkets #MichaelSelig #NFL #Kalshi #Polymarket #Contracts #NS3AI
🚀 Democrats Urge CFTC to Address Insider Trading in Prediction Markets
#Democrats #CFTC #InsiderTrading #PredictionMarkets #FederalEmployees #Polymarket #Kalshi #NS3AI #MilitaryActions #Venezuela #Iran #KristiNoem #Ethics #Legislation
More than 40 Democratic lawmakers have called on the Commodity Futures Trading Commission (CFTC) and U.S. ethics officials to issue warnings to federal employees regarding the illegality of insider trading in prediction market derivatives. According to NS3.AI, the March 29 letter highlighted concerns over suspicious bets on contracts related to military actions in Venezuela and Iran, a press secretary's speech, and the dismissal of Kristi Noem. This request coincides with the CFTC's efforts to develop new policies for prediction markets, including platforms like Polymarket and Kalshi.#Democrats #CFTC #InsiderTrading #PredictionMarkets #FederalEmployees #Polymarket #Kalshi #NS3AI #MilitaryActions #Venezuela #Iran #KristiNoem #Ethics #Legislation
🚀 Washington State Implements New Tax on Million-Dollar Incomes
#WashingtonState #MillionDollarTax #IncomeTax #PublicServices #InfrastructureProjects #IncomeInequality #EconomicGrowth #WealthyRelocation #TaxPolicy #StateRevenue #HighIncomeEarners
Washington State has introduced a new tax targeting individuals with incomes exceeding $1 million. Wall Street Journal (Markets) posted on X that this move aims to generate additional revenue for the state, which will be used to fund various public services and infrastructure projects. The tax is expected to impact a small percentage of the state's population, primarily affecting high-income earners. Proponents argue that the tax will help address income inequality and provide necessary resources for community development. However, critics express concerns about potential negative effects on economic growth and the possibility of wealthy individuals relocating to states with more favorable tax policies. The implementation of this tax marks a significant shift in Washington's approach to taxation, as it previously relied heavily on sales and property taxes. The new tax is part of a broader trend among states seeking to increase revenue by targeting high-income earners.#WashingtonState #MillionDollarTax #IncomeTax #PublicServices #InfrastructureProjects #IncomeInequality #EconomicGrowth #WealthyRelocation #TaxPolicy #StateRevenue #HighIncomeEarners
🚀 CME Data: Fed Likely to Maintain Rates in April
#FederalReserve #InterestRates #MonetaryPolicy #CME #FedWatch #USMacro
According to Jin10, CME's "FedWatch" tool indicates a 2.6% probability of a 25 basis point rate hike by the Federal Reserve in April, while the likelihood of maintaining the current rate stands at 97.4%. Looking ahead to June, there is a 5% chance of a cumulative 25 basis point rate cut, a 92.5% probability of rates remaining unchanged, and a 2.5% chance of a cumulative 25 basis point rate hike.#FederalReserve #InterestRates #MonetaryPolicy #CME #FedWatch #USMacro
🚀 U.S. Stock Indices Show Mixed Performance Amid Middle East Tensions
#USStocks #MiddleEastTensions #FederalReserve #Inflation #EnergyShock #DowJones #SP500 #Nasdaq #TechStocks #MemoryChips #Nvidia #Tesla #Intel #Microsoft #Amazon
U.S. stock indices displayed mixed results as uncertainties in the Middle East persisted. According to RTHK, U.S. President Donald Trump issued a new threat to Iran, stating that if Iran does not open the Strait of Hormuz, the U.S. will target Iran's oil wells and power plants. Meanwhile, Federal Reserve Chairman Jerome Powell noted that the current energy shock's impact is still uncertain, and the Federal Reserve does not need to take immediate action as inflation expectations appear stable, with authorities closely monitoring the situation.
The Dow Jones Industrial Average stabilized after two consecutive days of decline, initially rising by about 460 points before briefly turning negative. It closed at 45,216 points, up 49 points, or 0.11%. The S&P 500 and Nasdaq indices initially rose but then fell, marking three consecutive days of decline and reaching their lowest closing levels in nearly eight months. The S&P 500 closed at 6,343 points, down 25 points, or nearly 0.4%, while the Nasdaq ended at 20,794 points, down 153 points, or over 0.7%.
Memory chip stocks experienced sharp declines, with SanDisk, Western Digital, and Micron falling between 7% and nearly 10%. Major technology stocks showed varied performance, with Nvidia dropping over 1%, Tesla nearly 2%, and Intel 4.5%, while Microsoft and Amazon rose by nearly 1%.#USStocks #MiddleEastTensions #FederalReserve #Inflation #EnergyShock #DowJones #SP500 #Nasdaq #TechStocks #MemoryChips #Nvidia #Tesla #Intel #Microsoft #Amazon
🚀 Federal Reserve's Williams Highlights Importance of Data in Assessing Energy's Impact on Inflation
#FederalReserve #Williams #EnergyImpact #Inflation #DataDriven #EconomicIndicators #PolicyDecisions
Federal Reserve's Williams emphasized the necessity of focusing on data to evaluate how energy will influence inflation. According to ChainCatcher, this statement underscores the central bank's approach to monitoring economic indicators closely to guide its policy decisions.#FederalReserve #Williams #EnergyImpact #Inflation #DataDriven #EconomicIndicators #PolicyDecisions
🚀 European Stock Markets Rebound with Significant Gains
#EuropeanStockMarkets #StockMarketRebound #FTSE100 #DAX #CAC #MarketGains #FinancialNews
European stock markets saw notable gains, with major indices rising nearly 1% or more, ending a two-day losing streak. According to RTHK, the UK's FTSE 100 index expanded its gains in the afternoon, closing above the 10,000-point level at 10,127 points, marking an increase of 160 points or 1.6%. Germany's DAX index also moved upwards, closing at 22,562 points, a rise of 262 points or approximately 1.2%. Meanwhile, France's CAC index ended at 7,772 points, up by 70 points, reflecting an increase of over 0.9%.#EuropeanStockMarkets #StockMarketRebound #FTSE100 #DAX #CAC #MarketGains #FinancialNews
🚀 Democratic Lawmakers Urge Ban on Federal Workers Using Prediction Markets
#DemocraticLawmakers #FederalWorkers #PredictionMarkets #Polymarket #Kalshi #CFTC #Ethics #Regulation #DerivativesTrading #NonpublicInformation
More than 40 Democratic lawmakers have called on U.S. regulators to prohibit federal employees from engaging in prediction markets like Polymarket and Kalshi. According to NS3.AI, the lawmakers sent a letter to the Commodity Futures Trading Commission (CFTC) and federal ethics officials, emphasizing that regulations concerning nonpublic information in derivatives trading should explicitly include these platforms.#DemocraticLawmakers #FederalWorkers #PredictionMarkets #Polymarket #Kalshi #CFTC #Ethics #Regulation #DerivativesTrading #NonpublicInformation
🚀 Crypto Card Payment Volume Surpasses $125 Million in November
#Crypto #Cryptocurrency #CryptoPayments #FinTech #DigitalPayments #Blockchain #NS3AI #CryptoAdoption #PaymentVolume #CryptoCard
According to NS3.AI, the monthly payment volume for crypto cards exceeded $100 million last November, marking a significant milestone in the adoption of cryptocurrency for everyday transactions. Unfolded reported that the monthly volume began near zero at the start of 2023 and later peaked above $125 million, indicating a growing trend in the use of crypto cards for payments.#Crypto #Cryptocurrency #CryptoPayments #FinTech #DigitalPayments #Blockchain #NS3AI #CryptoAdoption #PaymentVolume #CryptoCard
🚀 AMD Emerges as Stronger Buy Amid Chip Market Selloff
#AMD #chipmarket #selloff #Intel #investment #HeliosAI #MI450 #revenue #CPU #PCmarkets
AMD is being highlighted as a more favorable investment following a recent selloff in the chip market. According to NS3.AI, the selloff resulted in Intel's shares dropping by 4.5%, while AMD experienced a decline of just under 3%. The positive outlook for AMD is attributed to the anticipated launch of its Helios AI rack and expected MI450 revenue in the third quarter. In contrast, Intel faces a mixed outlook due to ongoing concerns in the CPU and PC markets.#AMD #chipmarket #selloff #Intel #investment #HeliosAI #MI450 #revenue #CPU #PCmarkets
🚀 PRECIOUS METALS | Gold Prices Rise for Second Consecutive Day Amid Safe-Haven Demand
#GoldPrices #PreciousMetals #SafeHavenDemand #SpotGold #GoldFutures #MarketTrends #GoldPriceRise
Gold prices have increased for the second day in a row, driven by safe-haven demand. According to RTHK, spot gold briefly rose to $4,580.13 per ounce, marking a 1.9% increase, before narrowing its gains to 0.4% and hovering around $4,510. Meanwhile, New York June gold futures settled at $4,557.5, up more than 0.7%. Edited by Fang Jiali.#GoldPrices #PreciousMetals #SafeHavenDemand #SpotGold #GoldFutures #MarketTrends #GoldPriceRise
🚀 Republican Senators Propose Bill to Restrict Crypto Mining Equipment from China
#Cryptocurrency #CryptoMining #USPolitics #NationalSecurity #China #SupplyChain #Legislation #TechPolicy
Republican senators have introduced a new bill aimed at preventing U.S. cryptocurrency mining companies from utilizing equipment linked to China and other foreign adversaries. Bloomberg posted on X, highlighting the growing concerns over national security and the influence of foreign technology in critical industries. The proposed legislation seeks to safeguard the U.S. crypto mining sector by restricting the use of foreign-made equipment that could pose potential risks. This move reflects ongoing efforts to address vulnerabilities in the supply chain and protect domestic interests. The bill underscores the importance of ensuring that critical infrastructure remains free from foreign influence, particularly from nations considered adversarial to the United States.#Cryptocurrency #CryptoMining #USPolitics #NationalSecurity #China #SupplyChain #Legislation #TechPolicy
🚀 PRECIOUS METALS | Gold Maintains Gains Amid Fed's Inflation Outlook and Middle East Conflict
#Gold #PreciousMetals #Inflation #FederalReserve #MiddleEastConflict #MarketTrends #Investing #Geopolitics
Gold prices have sustained their gains for two consecutive days following the Federal Reserve's announcement that long-term U.S. inflation expectations remain stable. Bloomberg posted on X, highlighting the ongoing conflict in the Middle East as a contributing factor to market dynamics. The Federal Reserve's assessment has provided some reassurance to investors concerned about inflationary pressures. Meanwhile, the geopolitical tensions in the Middle East continue to influence market sentiment, adding complexity to the global economic landscape. The stability in gold prices reflects a cautious optimism among investors navigating these uncertain times.#Gold #PreciousMetals #Inflation #FederalReserve #MiddleEastConflict #MarketTrends #Investing #Geopolitics
🚀 Strategy's STRC Listed for UK Retail Investors with 11.5% Yield
#UKInvesting #STRC #RetailInvestors #PreferredStock #DividendYield #ETP #CapitalGainsTax
Trading 212 has listed Strategy's STRC for UK retail investors as of March 30, 2026, offering access to a preferred stock with an annual yield of approximately 11.5%. According to NS3.AI, outside a Stocks and Shares ISA, UK brokers usually classify STRC payouts as foreign dividends. James Van Straten noted that the 21Shares Strategy Yield ETP is typically taxed under Capital Gains Tax upon sale.#UKInvesting #STRC #RetailInvestors #PreferredStock #DividendYield #ETP #CapitalGainsTax
🚀 Solana Faces Pressure as Head-and-Shoulders Breakdown Projects Decline
#Solana #Crypto #Blockchain #Trading #HeadAndShoulders #PriceAnalysis #MarketTrend #Cryptocurrency #SOL
Solana began April facing downward pressure following a head-and-shoulders pattern breakdown confirmed on March 27, which indicated a potential move toward $73, approximately 15% below the breakdown point. According to NS3.AI, the exchange net position change decreased from around -2,180,253 SOL between March 17 and March 22 to about -426,004 SOL by March 29, while long-term holders increased their accumulation.#Solana #Crypto #Blockchain #Trading #HeadAndShoulders #PriceAnalysis #MarketTrend #Cryptocurrency #SOL
🚀 South Korea's Industrial Output Declines by 2.2% in February
#SouthKorea #IndustrialOutput #EconomicDecline #ManufacturingSector #February #Jin10 #YearOnYear #EconomicPerformance
South Korea's industrial production fell by 2.2% year-on-year in February, according to Jin10. This decline contrasts with the expected growth rate of 6% and follows a revision of the previous value from 7.10% to 6.8%. The unexpected drop in industrial output raises concerns about the country's economic performance and potential challenges in the manufacturing sector.#SouthKorea #IndustrialOutput #EconomicDecline #ManufacturingSector #February #Jin10 #YearOnYear #EconomicPerformance