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Leading analyst Craig Moffett suggests any plans to move U.S. iPhone assembly to India is unrealistic.Moffett, ranked as a top analyst multiple times by Institutional Investor, sent a memo to clients on Friday after the Financial Times reported Apple was aiming to shift production toward India from China by the end of next year.He’s questioning how a move could bring down costs tied to tariffs because the iPhone components would still be made in China.”You have a tremendous menu of problems created by tariffs, and moving to India doesn’t solve all the problems. Now granted, it helps to some degree,”…

Opinion by: Raullen Chai, co-founder and CEO of IoTeXThe United States and other superpowers are on the brink of a financial evolution. With President Donald Trump’s recent executive order establishing a Strategic Bitcoin Reserve (SBR) and a US Digital Asset Stockpile (DAS), the conversation around digital assets in government reserves is gaining momentum. Countries like Czechia have also followed suit with their sovereign digital asset reserve plans. While Bitcoin (BTC) and select altcoins are being considered, the discussion remains incomplete without including decentralized physical infrastructure network (DePIN) tokens.DePIN represents a new paradigm in infrastructure development, where communities, not corporations, build…

Crypto investor sentiment has seen a significant recovery from global tariff concerns, but analysts warn that the market’s structural weaknesses may still result in downside momentum during periods of weekend illiquidity.Risk appetite appeared to return among crypto investors this week after US President Donald Trump adopted a softer tone, saying that import tariffs on Chinese goods may “come down substantially.”However, the improved investor sentiment “does not guarantee that Bitcoin will avoid volatility over the weekend,” analysts from Bitfinex exchange told Cointelegraph:“Sentiment improvements reduce fragility, but they do not eliminate structural risks like thin weekend liquidity.” “Historically, weekends remain vulnerable to sharp…

Summary Gregory Scott Cummins talks about Bosch: Legacy’s abrupt cancelation and how it left fans, cast, and crew blindsided. Cummins praises Eric Overmyer’s role in shaping Bosch and Bosch: Legacy. Cummins supports the potential return of Bosch: Legacy with a movie adaptation, while hoping for the Ballard spin-off to succeed. Bosch: Legacy’s third and final season has come to an abrupt end, and it was a bittersweet feeling for fans as well as the cast and crew, who were blindsided by Amazon’s decision to cancel it back in September 2024. The Save Bosch: Legacy petition has over 34,000 signatures, and…

What do you call half a month spent in the most volatile market in years, featuring a headlong flight from U.S. dollar assets, hypersensitivity to every policy headline and a furious equity rally of almost unnerving velocity that recovered half the lost ground while leaving in place most of the confusion? The easy part. That, at least, is one glib, hindsight-enabled way to frame the spring-loaded rebound in the S & P 500 and other indexes off their low 14 trading days ago. The snapback, which has now traveled more than 10% from its closing low and up 14% from…

DeFi Development Corp (formerly Janover) aims to raise over $1 billion worth of capital to invest in Solana, the industry’s sixth-largest cryptocurrency by market capitalization.The Nasdaq-listed firm, previously a real estate financing platform connecting commercial property lenders and buyers, announced its plans in a Form S-3 registration statement filed with the US Securities and Exchange Commission (SEC) on April 25.The filing states that the funds will be used for general corporate purposes, including Solana (SOL) token acquisitions.DeFi Development Corp S-3 filing. Source: SECAccording to the filing, the company may use proceeds from the offering to purchase more Solana, noting:“Solana does…

More than 250,000 worshipers, religious and political figures lined St. Peter’s Square, in the Vatican, on Saturday to pay their respects to the late Pope Francis, who died earlier this week at the age of 88. The service started at St. Peter’s Basilica shortly after 10 a.m. local time (4 a.m. ET), lasting just over two hours. Cardinal Giovanni Battista Re, one of the most senior figures in the Catholic Church, led the simplified ceremony, in a series of rituals of religious hymns, an emotional homily and a final farewell to the pope, who was the first Latin American pontiff.…

World Liberty Financial (WLFI), the crypto firm associated with the family of US President Donald Trump, made waves when it debuted late last year.WLFI caused a stir when it launched ahead of the president’s inauguration. Observers have accused the project of front-running important crypto-related events, like the White House Crypto summit, and presenting a conflict of interest.Trump is in a unique position to influence outcomes that would affect his portfolio, but WLFI is not insulated from the broader market trends, which have seen crypto and stock prices drop amid significant macroeconomic concerns. The Trump administration will soon mark 100 days…

In a big shift that could change the U.S. financial landscape, the Federal Reserve has officially taken back its guidance that told banks to stay away from digital assets. This means banks no longer need special permission to engage in bitcoin and stablecoin activities — and the community and financial institutions are loving it. Until now, U.S. banks had to notify the Fed if they wanted to get involved in Bitcoin, such as offering custody services and partnering with digital asset companies. That was outlined in 2022 and expanded in 2023 after the collapse of major platforms like FTX, which…

The Last of Us Part 2 deals with the time-worn premise of actions having consequences and mirroring characters’ harrowing experiences through a fractured lens. Indeed, amid all the commotion and mayhem ensuing in The Last of Us Part 2, Jesse is one of the only constant voices of reason and whose sentiments about retaliation being unsurprisingly cyclical and avoidable are dismissed by a grieving Ellie. Just as it’s nearly impossible that Ellie is the sole immune person in The Last of Us, it’s nearly impossible that Jerry was the only person who could possibly engineer a vaccine if an immune…