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- 1Bitcoin Hits $86,000 Despite Fed Rate Hikes, Analysts Weigh In▼Why Bitcoin Hit $86,000 Despite Fed Rate Hikes - VanEck's Sigel, Former CFTC Chair Weigh In
Bitcoin climbed to $86,000 even as the Federal Reserve continued raising interest rates, a move that has puzzled traders since higher rates typically pressure risk assets. VanEck's Matthew Sigel and a former CFTC chair offered explanations, pointing to demand dynamics and institutional interest as possible drivers behind the cryptocurrency's resilience.
- 2FTC chair: AI developers should be liable for their agents' conduct●FTC chair suggests AI developers should be liable for conduct of agents
The chair of the US Federal Trade Commission has argued that companies developing AI agents should be held legally responsible for what those systems do, pushing back against treating AI agents as independent actors. The remarks suggest US regulators may seek to place liability for automated conduct squarely on the firms that build the technology.