The Trump administration’s decision to cut off foreign oil to the island is devastating its tourism industry, a key source of income for a government being pushed to the edge.
Apple’s MacBook Air M5 storage upgrade raises entry prices, creating space for a rumored budget MacBook model in India.
(MENAFN - IANS) New Delhi, March 4 (IANS) Apple on Wednesday launched MacBook Neo with 13-inch Liquid Retina display, all-day battery life and A18 Pro to run on-device AI workloads like applying ...
Peter Steinberger, the creator of the publicly available AI aide OpenClaw, has accepted a position at OpenAI, with the project transitioning into an autonomous foundation, as per an announcement made by the organizations on Sunday. Sam Altman, the CEO of OpenAI, shared on X that Steinberger is joining the team “to spearhead the next era [...]The post “OpenAI Welcomes OpenClaw Creator for Next-Gen Assistants” appeared first on Daily Dhaka Times.
Just as President Donald Trump looks set to install a Federal Reserve chair aligned with his desire for lower interest rates, the president’s war on Iran likely makes those rate cuts harder to deliver.
Ray Dalio cast fresh doubt on Bitcoin’s claim to safe-haven status on Tuesday, arguing that the asset still falls short of gold on privacy, institutional suitability and market structure. In a March 3 appearance on the All-In podcast, the billionaire hedge fund founder said those weaknesses help explain why Bitcoin has not behaved like gold during the current macro cycle. Asked why Bitcoin has lagged while gold has surged, Dalio pointed first to surveillance and control. “Bitcoin does not have privacy. Any transactions can be monitored and then indirectly perhaps controlled,” he said. He then drew a line from that feature to state-level adoption. “Central banks are not going to want to buy bitcoin and be able to hold it. So, it’s not just individuals, it’s institutions and so on, but most, you know, and central banks.” That matters because Dalio’s broader framework in the interview was built around debt stress, monetary debasement and the search for what he sees as politically neutral reserve assets. In that setup, gold remains the benchmark. He described it not as a speculative commodity, but as “the most established money” and “the second largest reserve currency that central banks hold,” arguing that its role is rooted in transferability, scarcity and the fact that it is not someone else’s liability. Related Reading: Bitcoin To $11 Million By 2036? This AI-Deflation Thesis Is Turning Heads Bitcoin, in Dalio’s telling, still looks different. Beyond privacy, he flagged technological uncertainty and the nature of its investor base. “There have been some questions or thoughts of the development of new technologies like quantum computing and so on. Can there be issues regarding that,” he said. “And then there’s who owns it and what are the other exposures that they have in their portfolio? It tends to have a pretty high correlation with the tech stocks.” That last point goes to Dalio’s bigger criticism: Bitcoin may be treated as an alternative monetary asset in theory, but in practice it still trades like a risk asset. “If somebody gets squeezed in one thing, they sell something, whatever else they have,” he said, arguing that Bitcoin’s supply-demand dynamics are shaped by cross-portfolio stress in a way golds are not. He also called it “a relatively small market” and, for that reason, “a relatively controllable market.” Ray Dalio SLAMS Bitcoin!! “Bitcoin does not have privacy.” “Central banks are not gonna wanna buy Bitcoin.” “Quantum computing” “Who owns it?” What do you think? pic.twitter.com/NdleeHR5lB — Altcoin Daily (@AltcoinDaily) March 3, 2026 Bitcoin Community Reacts The remarks quickly drew pushback from Bitcoin advocates on X, where the debate centered less on Dalio’s macro framing than on whether he was underestimating Bitcoin’s long-term trajectory. Investor Vijay Boyapati argued that Dalio “doesn’t fully understand why central banks own gold,” saying those holdings exist partly as protection against the possibility that gold competes with sovereign currencies. Related Reading: Bitcoin LTH Selling Cools: Is Months-Long Distribution Finally Ending? “Once Bitcoin achieves the same scale as gold (it will over time based on its significant comparative advantages over gold) central banks will be forced to own it for the same reason they own golf. Without ownership their national currency becomes vulnerable to a speculative attack from Bitcoin,” he added. Bitwise CIO Matt Hougan took a more market-oriented angle: “Some hear criticism; I hear opportunity. These are the reasons bitcoin is 4% of the size of gold. If these critiques did not exist, bitcoin would already be ~$750,000/coin. I invest in bitcoin in part because I am confident these things will change over time.” Abra CEO Bill Barhydt argued that Bitcoin’s volatility and smaller float are features of a younger monetary asset, not proof of failure, while also disputing the severity of Dalio’s quantum concerns. I’d like to address this conversation between two people I greatly admire (@friedberg and @RayDalio) as both fellow libertarians and macro experts i try to learn from. The conversation in the video is about bitcoin but I’ve extended it to be about bitcoin vs gold. Note that... https://t.co/atznXiMdTy — Bill Barhydt (@billbar) March 3, 2026 Zcash founder Zooko Wilcox, meanwhile, responded with a one-line jab: “I’m looking forward to Ray Dalio finding out about Zcash.” At press time, BTC traded at $69,660. Featured image from YouTube, chart from TradingView.com
A coalition of dairy farmers is asking Connecticut for both short-term relief and long-term tax structure changes to help save their industry.
Before recovering to the current price area around $5,150/oz, gold unexpectedly retreated sharply to nearly $5,000/oz after reaching a peak near $5,420/oz, despite escalating military tensions between the United States...The post Gold unexpectedly pulls back toward $5,000/oz but maintains uptrend appeared first on London Business News | Londonlovesbusiness.com.
The strategy also aims to create around 300,000 direct jobs for Omanis over the plan period, averaging 60,000 annually
SYDNEY, March 4, 2026 /PRNewswire/ -- Axi, a leading global online trading broker, announced the launch of Buy Crypto today .It is a new offering designed to provide traders and investors with secure, transparent, and straightforward access to digital assets. It enables traders to buy,...
Dogecoin has lost more than 60% of its value during the past 12 months.
Gaza is nearing complete economic collapse, prompting officials to plan a stablecoin to enable digital payments and ease its severe liquidity crisis.The post Stablecoins emerge as lifeline for Gaza’s war-torn economy appeared first on CoinGeek.