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Bitcoin drops to $80,000 on Fed dissent, Samsung, Alphabet earnings; AI tokens slump

Bitcoin fell 1.4% since midnight UTC to around $80,100 as disappointing reports from Samsung and Alphabet weighed on tech stocks. The Fed’s preferred inflation gauge is due later today.

Bitcoin drops to $80,000 on Fed dissent, Samsung, Alphabet earnings; AI tokens slump

We haven't written up this one. CoinDesk has the full story — the link below goes straight to it.

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The EU AI Act Just Started Biting

The EU AI Act Just Started Biting: Transparency Rules Are Live and GPAI Penalty Procedures Are Locked In As of 2 August 2026 the EU AI Act's Article 50 transparency obligations are in force and a new…

  • EU AI Act takes effect on 2 August 2026
  • Mandatory transparency and labeling rules for AI systems
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How Tyler Cowen and Alex Tabarrok Have Changed Their Views on AI and Where They Disagree

From the Archives-written by ChatGPT. Both became dramatically more confident in AI’s capabilities while remaining optimistic about its economic potential.

  • Cowen and Tabarrok grew more confident in AI capabilities over time
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