Bitcoin and ether slide as the Fed’s rate decision looms: CNBC Crypto World

On today’s show, major cryptocurrencies fall ahead of the Federal Reserve’s decision on rates. Plus, President Trump’s World Liberty Financial crypto project said it sold $550 million in tokens, while the SEC’s acting chief said the agency’s considering dropping a crypto asset custody proposal presented under the prior administration. Also, HFR’s Kenneth Heinz discusses the launch of an expanded strategy classification system for hedge funds and alternative investment products focused on crypto.

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Alibaba unveils Qwen3.5 as China’s chatbot race shifts to AI agents

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Qwen3 is Alibaba’s latest large language model, which it says combines traditional LLM capabilities with “advanced, dynamic reasoning.” Sopa Images | Lightrocket | Getty Images Alibaba Group has released its newest AI model series, featuring enhanced capabilities, as it faces intensifying competition in China’s AI space with several models launched in the past week. The […]

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Asia markets make cautious start, oil rises on U.S.-Iran talks

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Australia central bank sees no set path for future rates, following Feb hike

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Australia’s central bank sees inflation staying above its target band in 2026. Brendon Thorne | Bloomberg | Getty Images Australia’s central bank concluded inflation would stay stubbornly high if it had not hiked interest rates as it did this month, and was not yet sure if further tightening would be necessary. Minutes of the Reserve […]