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Personal Finance When driving across town for cheaper gas actually pays offTech OpenAI counters Anthropic with a no-retention approach to AI safety monitoringEconomy Trump pauses 50% tariffs as the US and Canada close in on a trade dealCompanies SpaceX sought to buy AI coding startup Cognition, Bloomberg reports; its CEO says noTech OpenAI slows some frontier AI work after a model nears a critical cyber thresholdCrypto Bitcoin tops $69,000, wiping out roughly $1.7 billion in short betsMarkets Gold jumps to its highest since early June as the Treasury doubles bond buybacksPersonal Finance Treasury moves to deny refundable tax credits to immigrants without qualified statusPersonal Finance When driving across town for cheaper gas actually pays offTech OpenAI counters Anthropic with a no-retention approach to AI safety monitoringEconomy Trump pauses 50% tariffs as the US and Canada close in on a trade dealCompanies SpaceX sought to buy AI coding startup Cognition, Bloomberg reports; its CEO says noTech OpenAI slows some frontier AI work after a model nears a critical cyber thresholdCrypto Bitcoin tops $69,000, wiping out roughly $1.7 billion in short betsMarkets Gold jumps to its highest since early June as the Treasury doubles bond buybacksPersonal Finance Treasury moves to deny refundable tax credits to immigrants without qualified status

Crypto

A physical Casascius bitcoin token
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Wednesday, 8/19, 10:24 PM

Bitcoin tops $69,000, wiping out roughly $1.7 billion in short bets

  • Bitcoin climbed above $69,000 on Wednesday for the first time in two months, up more than 5% in 24 hours, after the US Treasury expanded its bond buybacks and the SEC proposed a fundraising framework for crypto assets.
  • The move forced the closure of roughly $1.7 billion in bearish derivative positions, according to CoinGlass data.

In brief

In brief

The Reserve Bank of India building in Mumbai
Crypto 43 d

India's Central Bank Pushes to Keep Crypto Out of the Banking System

  • India's central bank is seeking to bar banks and other financial institutions from any exposure to crypto assets, according to a Reuters report citing government documents.
  • The move would harden India's long-cautious stance just as the United States and others move to embrace digital assets, deepening a global split over how to regulate them.

In brief

In brief

In brief

Crypto news — bitcoin, ethereum and digital assets

The Crypto section covers the latest in digital assets: bitcoin and ethereum, stablecoins, tokens and DeFi, exchanges, regulation and the companies building the industry. We track prices and the news that moves them, and explain what new developments actually mean for investors.

From protocol upgrades and ETF flows to enforcement actions and security incidents, we report the story clearly and put it in context — without the hype.

More to read from the other sections: markets, tech and the economy.