- Dogecoin Dropped 16% In A Week, Time To Grab Some? Analyst Says Meme King At A 'Make-Or-Break' Levelby Aniket Verma on April 3, 2025 at 4:18 am
Popular dog-themed cryptocurrency Dogecoin (CRYPTO: DOGE) fell Wednesday after President Donald Trump's tariff shock, extending its weekly losses to over 16%. What Happened: The world's largest meme reversed from the highs of $0.1787 to the mid-$0.1600 region as the new reciprocal tariff structure exceeded Wall Street's worst-case expectations, sending stocks and cryptocurrencies tumbling. DOGE has made a sharp U-turn since hitting $0.20 last week, losing more than 16% along the way. The price decline dampened speculative interest in the coin, causing the Open Interest in DOGE futures to fall 24% over the week, ...Full story available on Benzinga.com
- Trump's 'Liberation Day' Tariffs Roil Markets As China Slams 'Typical Unilateral Bullying:' Asian Markets Plungeby Kaustubh Bagalkote on April 3, 2025 at 4:14 am
Global markets reeled on Thursday after President Donald Trump unveiled sweeping new tariffs on imports. China immediately threatened countermeasures, and Asian markets dropped sharply on trade war fears. What Happened: Trump announced tariffs on all Chinese imports on Wednesday as part of his “Liberation Day” reset of American trade policy, calling Apr. 2 “the day American industry was reborn” and a “Declaration of Economic Independence.” “China firmly opposes this and will resolutely take countermeasures to safeguard its own rights and interests,” a Chinese Commerce Ministry spokesperson said on Thursday, according to CNN. The spokesperson characterized the move as “typical unilateral bullying” and urged the U.S. to “immediately cancel its unilateral tariff measures.” Asian markets tumbled in response, ...Full story available on Benzinga.com
- Peter Thiel-Backed Nonprofit Sentient Aims To Be America's DeepSeek, Takes Aim At Closed AI Systemsby Ananya Gairola on April 3, 2025 at 3:47 am
Sentient, a San Francisco-based AI development lab backed by Peter Thiel's Founder’s Fund, has unveiled its open-source AI search framework, positioning its work as a response to China's DeepSeek. What Happened: Sentient released its Open Deep Search (ODS) framework, stating that it outperforms major closed-source competitors like OpenAI's GPT-4o Search Preview and Perplexity Sonar Reasoning Pro, reported Decrypt. The nonprofit lab argues that its open-source approach challenges the growing control of AI by closed-source corporations. Its ODS achieved a 75.3% accuracy on the FRAMES benchmark, the company said. See Also: Elon Musk Says Tesla Doesn't Need Lidar Because ‘People Don't Shoot Lasers Out Of Their Eyes' After YouTubers Put His ...Full story available on Benzinga.com