Bitcoin’s price correction accelerated this week as capital rotated aggressively into the artificial intelligence sector, raising the possibility of a retest of the $60,000 level. The move marks a notable decoupling from the Nasdaq 100, which continues to trade near all-time highs. Bitcoin drops despite Nasdaq strength Bitcoin (BTC) fell 7% after failing to reclaim […]
AI inference startup Baseten is reportedly on the verge of closing a massive $1.5 billion funding round at a $13 billion valuation, according to a report from The Wall Street Journal. The new round comes just five months after the company announced a $300 million Series E at a $5 billion valuation, and nine months […]
OpenAI is bolstering its ranks with two high-profile hires as the company moves closer to its initial public offering: Noam Shazeer, a co-lead at Google DeepMind and co-founder of Character AI, and Dean Ball, a former White House AI policy official under President Donald Trump. OpenAI has hired Noam Shazeer, a co-author of the foundational […]
Bitcoin’s latest wave of panic selling has produced significantly smaller realized losses compared to the February correction, signaling a notable shift in trader behavior and market structure. According to on-chain analytics firm Glassnode, realized losses peaked at $1.4 billion during the June decline, down 46% from the $2.6 billion recorded in February, even as BTC […]
Crypto platform Blockchain.com has added 173 tokenized stocks and exchange-traded funds through a partnership with Ondo Finance, bringing its catalog of tokenized traditional assets to more than 430 offerings across Ethereum, Solana and BNB Chain. The move, announced Wednesday, deepens the platform’s push into onchain access to traditional financial instruments as demand for tokenized equities […]
Anthropic, the AI company behind the Claude language model, has become the first pure artificial intelligence startup to join Frontier, a carbon removal collective that announced a new $915 million tranche of funding on Tuesday. The pledge brings Frontier’s total commitments to $1.8 billion, nearly doubling its previous fundraising. Anthropic has joined Frontier, a carbon […]
Former Sequoia Capital managing partner Roelof Botha has joined SpaceX’s board of directors, the company disclosed in a Securities and Exchange Commission filing on Wednesday. The appointment fills an existing vacancy and comes less than a week after SpaceX completed the largest initial public offering in history. Former Sequoia Capital managing partner Roelof Botha has […]
A cryptocurrency-backed political action committee has spent roughly $12 million to influence the outcome of Alabama’s Senate primary runoff, as voters in the state head to the polls Tuesday. The spending underscores the growing financial footprint of the crypto industry in U.S. elections and its strategic focus on shaping federal policy through candidate support. Defend […]
Google released the final version of Android 17 on Tuesday, alongside Wear OS 7, marking the company’s latest push to embed artificial intelligence deeper into its mobile and wearable operating systems. The update arrives first on Google’s own Pixel devices and is bundled with a Pixel Drop that introduces support for several new AI models, […]
Sixty percent of U.S. consumers say brands that use the term “AI” in their messaging turn them off, and 86% do not fully trust AI-generated answers, according to a new survey from WordPress VIP, the enterprise publishing platform owned by Automattic. The findings, based on a survey of 2,000 respondents conducted in April 2025, underscore […]
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