SoftBank Targets $30B AI Investment Boost
SoftBank is negotiating a $30 billion investment in OpenAI, enhancing its 11% stake. OpenAI seeks $100 billion funding, potentially valuing it at $830 billion. #Update #AI
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Deals with articles on the cryptocurrency markets, crypto investment strategies, market analyses, and trading insights.
Uniswap ETF Trust Registered by Bitwise
Bitwise registers Delaware trust for potential Uniswap ETF, following SEC’s closure of Uniswap Labs probe; analysts highlight market structure and liquidity focus. #Update #Crypto
Mesh Payments Secures $75M Funding Hits $1B Valuation
@Mesh raises $75 million in Series C funding, achieving a $1 billion valuation. The round was led by Dragonfly with participation from Paradigm and Coinbase Ventures. Expansion plans include Latin America, Asia, and Europe. #Update #Crypto
Ethereum ETF Rebound: $117M Inflow Surges
Crypto ETFs rebound as $ETH sees $117M inflow, ending a four-day outflow streak; $BTC, $XRP, and $SOL also close green. #Update #Crypto $ETH
Stablecoins Surge as South Korea Approves Investments
South Korea is moving to allow investments in foreign virtual assets, including stablecoins, while the Bank of Korea develops a new licensing system for digital asset issuance. #Update #Crypto $USDT
Bitcoin Volatility Trading Simplified with Polymarket
@Polymarket has launched contracts for $BTC and $ETH volatility indices, enabling users to bet on market swings. Early trading indicates a 35% chance of $BTC’s volatility doubling this year. #Update #Crypto $BTC $ETH
Bitcoin Treasury Firm Acquired by Hedge Fund
@FirstNewYork disclosed holding 160,000 shares of Strive (ASST), valued over $125,000. Strive plans a $150M raise for Bitcoin purchases and growth. #Update #Crypto
Bitcoin ETF Launches: BlackRock’s Bold Move
BlackRock files for a Bitcoin Premium Income ETF, potentially impacting BTC volatility and yield dynamics. Bitcoin trades at $87,633. #Update #Crypto $BTC
Ethereum Risks $2K Drop Amid Volatility
Ethereum faces downside risk as macro volatility rises, with $ETH nearing $2,000 support, warns Bloomberg Intelligence strategist Mike McGlone. #Update #Crypto $ETH
Bitcoin Volatility Squeeze Signals Major Move
Bitcoin’s volatility squeeze suggests a significant directional move is imminent, potentially impacting $BTC market dynamics. Analysts anticipate increased trading activity as investors prepare for potential price shifts. #Update #Crypto $BTC
Bitcoin Rallies Amidst Market Cap Surge
Crypto ETFs face a tough week with $1.33B outflow from $BTC, while $ETH sees significant withdrawals; $SOL gains modestly, and $XRP records its first weekly net outflow. #Update #Crypto $BTC
Bitcoin ETF Launches as BlackRock Files SEC Application
@BlackRock files with the SEC to expand its Bitcoin ETF offerings, including an actively managed strategy for premium income through call options on IBIT shares. Coinbase Custody will serve as custodian. #Update #Crypto $BTC
AVAX ETF Launches in US by VanEck
VanEck launched the VanEck Avalanche ETF (VAVX) on Nasdaq, offering US investors exposure to $AVAX with staking rewards. Sponsor fees waived for assets up to $500M. #Update #Crypto $AVAX
Bitcoin ETF Launches Amid $1.73B Outflows
@BlackRock has filed a registration statement for its Bitcoin Premium Income ETF with the SEC, amid $1.73B in outflows from crypto ETPs, the largest since November. #Update #Crypto $BTC