Author: Charlotte

This is an edition of The Atlantic Daily, a newsletter that guides you through the biggest stories of the day, helps you discover new ideas, and recommends the best in culture. Sign up for it here.The crypto industry has always moved in cycles: booms and busts; bull markets and harsh, unforgiving “winters.” We’re in something of a lull right now: Bitcoin, the original cryptocurrency, is worth about two-thirds of what it was last fall. Meanwhile, investors are turning their attention to flashier innovations in artificial intelligence. About half of Americans now use AI chatbots, whereas just about a fifth of…

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Canoe EIT Income Fund CALGARY, Alberta, Sept. 04, 2026 (GLOBE NEWSWIRE) — Canoe EIT Income Fund (the “Fund”) (TSX – EIT.UN) announces the September 2026 monthly distribution of $0.10 per unit. Unitholders of record on September 22, 2026, will receive distributions payable on October 15, 2026. About Canoe EIT Income FundCanoe EIT Income Fund is one of Canada’s largest closed-end investment funds, designed to maximize monthly distributions and capital appreciation by investing in a broadly diversified portfolio of high quality securities. The Fund is listed on the TSX under the symbol EIT.UN, and is actively managed by Robert Taylor, Senior…

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Mixed economic news is being reported for Canada and the Quinte region.Statistics Canada says the economy lost 42,000 jobs in August, falling short of economists’ expectations for a modest gain and leaving the unemployment rate unchanged at 6.4 per cent.Economists had been predicting an increase of 15,000 jobs instead.The drop in employment ended a strong run for the labour market, which added 181,000 jobs from April through July.There were 20,000 fewer people working in the public sector last month, marking the third straight month of declines.However, the manufacturing industry, which has been hit hard by U.S. tariffs, proved to be…

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As Canadians recommitted to supporting the local economy in the face of a mounting trade war with the United States, social media users spread a video of Prime Minister Mark Carney supposedly promoting investment in a cryptocurrency tied to the country’s freshwater reserves. But the clip of Carney is manipulated — he never made such an endorsement — and experts said tying the coin to online attention makes the investment highly volatile.”Canada will become richer than America by 2030 due to our freshwater and we are committing every dollar of it to the World Water Reserve,” Carney appears to say…

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Dipan Patel: Good things happen to good companies, and bad things happen to bad companies. I think what AI is doing is just accelerating those things. So if you’re a business that aggregates commodity data, sells it through a commodity channel with a commodity UX, you are probably already on a decline curve and if you’re a company with proprietary data and with network effects, an incredibly strong brand, and you’ve built a user experience which is built for the idiosyncrasies of a vertical probably you’re going to be on the right side of AI”. Alison Mass: Welcome to Goldman Sachs…

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Stablecoin infrastructure has quietly become one of the most important corners of the crypto market. Few founders have a bigger stake in that shift than Guy Young. USDe rocketed from zero to nearly $15 billion in assets within 18 months. Supply has since settled at $5.5 billion to $6 billion, still No. 2 behind Sky’s USDS. Ethena added real-world assets and institutional lending to diversify USDe’s reserves. At Consensus Hong Kong 2026, the founder and CEO of Ethena Labs sat down with CoinShares’ The Node Magazine and lead content manager Jérémy Le Bescont. Young walked through how his synthetic dollar…

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In an electrifying turn of events, XRP’s recent price surge has gripped both seasoned investors and market watchers. With an astonishing leap of over 50% in just four days, this rally isn’t merely a fleeting moment; it’s a strong signal of evolving realities within the cryptocurrency realm. As the landscape shifts beneath our feet, the fusion of macroeconomic parameters, resilient asset fundamentals, and an invigorating wave of institutional capital is paving the way for a redefined era of cryptocurrency investment. Decoding the XRP Ascendancy The cryptocurrency community perceives XRP’s incredible ascent as the herald of a transformative trend—one pregnant with…

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American Bitcoin Corp (Nasdaq: ABTC), the Bitcoin mining and treasury firm backed by the Trump family, completed its first year on the Nasdaq this week, with co-founder Eric Trump using the occasion to restate the company’s broader ambition, positioning the United States as the dominant force in the global Bitcoin economy. In an X post on Sep. 3, Eric Trump said the company now holds 8,300 Bitcoin on its balance sheet and its mining fleet has expanded to nearly 90,000 machines, which Trump credited for a “record quarterly production.” Related: 92-year-old burger chain’s Bitcoin strategy delivers 13.8% sales jump Margins…

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