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Goldman Sachs said a baseline forecast for artificial intelligence infrastructure spending could reach $7.6 trillion, although the final cost will depend heavily on factors including how quickly AI chips become obsolete and whether older hardware can be reused for simpler inference tasks.

Bitcoin dropped below the key $80,000 level during Asian trading hours as stronger-than-expected US inflation data and geopolitical tensions surrounding Taiwan pressured risk assets globally.

Moody's Ratings said major US banks and financial market intermediaries expect the shift toward digitised finance and tokenised assets to begin gradually before accelerating rapidly once adoption reaches a tipping point.

MARA Holdings shares fell after the Bitcoin miner disclosed a $1.26 billion first-quarter net loss and confirmed it sold nearly $1.5 billion worth of Bitcoin during the period.

Donald Trump and Xi Jinping struck an optimistic tone at the start of their summit, emphasizing possibilities for collaboration. Bloomberg's Stephen Engle reports from Beijing.

Bitcoin failed to break above its 200-day moving average near $82,430, with analysts at CryptoQuant warning the rejection could signal growing downside risks for the broader crypto market.

Donald Trump is reportedly considering a large package of roughly 250 presidential pardons tied to America’s 250th Independence Day celebrations, according to reporting from the Wall Street Journal.

Donald Trump and Xi Jinping made their opening remarks at the Great Hall of the People, with Xi saying the common interests between the United States and China outweigh their differences.

Donald Trump and Xi Jinping made their opening remarks at the Great Hall of the People, with Xi saying the common interests between the United States and China outweigh their differences.

Hyperliquid fell roughly 4% to around $38 after failing twice to break above the key $45 resistance level despite renewed attention following the launch of the first US-based Hyperliquid ETF product.

Sarah Beran, Former US Embassy Deputy Chief of Mission in Beijing and Partner at Macro Advisory Partners, says both Washington and Beijing have significantly lowered their expectations for the summit. She shares her outlook on the highly anticipated meeting between the world's two largest economies. She speaks with Shery Ahn and Haidi Stroud Watts on "Bloomberg: The Asia Trade".

Just 4% of surveyed Americans said a political candidate’s stance on cryptocurrency policy would significantly influence how they vote, according to a poll released by POLITICO and conducted by polling firm Public First.