π¨ NEW: President Trump announced a $21 billion Japanese-funded GlobalFoundries investment to build two semiconductor factories in Malta, New York, expected to create 27,000 construction and supply chain jobs and over 1,000 manufacturing jobs.
πΊπΈ JUST IN: U.S. inflation reached 3.7% in September as Cleveland Fed President Beth Hammack warned consumers increasingly see high inflation as a βfact of life.β
π¨ INSIGHT: Peter Schiff urges investors to sell Bitcoin and buy gold βbefore the bottom drops out of the market,β citing rising inflation and bond yields.
π¨JUST IN: Moodyβs says US private debt borrowers are using delayed interest payments and maturity extensions to avoid default, potentially masking the true level of credit stress.
π₯TODAY: Bitwise CIO Matt Hougan says that whether the economy faces rate hikes, inflation, recession or an AI boom, nearly every macro scenario ends with Bitcoin higher.
β‘οΈTODAY: Vitalik Buterin says the top priority for zkEVMs should now be security, arguing the race for speed has been won after ZKsyncβs Airbender milestone.