Four tech giants, @Microsoft, @Alphabet, @Meta, and @Amazon, reported strong earnings while ramping up AI investments. Bitcoin miners are pivoting to AI hosting amid declining prices. $BTC down 0.9%. #Update #Crypto $BTC
Pantera Capital’s Dan Morehead claims crypto markets are undervalued compared to AI stocks, with $BTC trading 43% below its historical trend, presenting a buying opportunity for institutions. #Update #Crypto $BTC
@MorganStanley enters the U.S. bitcoin ETF market, but Blockstream CEO Adam Back warns institutional adoption will be slower than expected, potentially taking up to 18 months. #Update #Crypto $BTC
@GalaxyDigital narrowed its Q1 loss to $216M, focusing on data centers and launching its first facility for AI workloads. Shares fell 0.84% to $24.84. #Update #Crypto $GLXY
@MARA Holdings CEO Fred Thiel launched the MARA Foundation at the Bitcoin Conference to enhance bitcoin’s resilience, focusing on security, research funding, and community engagement. #Update #Crypto $BTC
Mythos, Anthropic’s new AI model, is shifting crypto security focus from smart contracts to infrastructure vulnerabilities, prompting firms like @Coinbase and @Binance to explore its use for enhanced defenses. #Update #Crypto $BTC $ETH
@Alchemy CEO Nikil Viswanathan claims crypto is designed for AI agents, enabling seamless global transactions without human constraints, contrasting traditional finance’s limitations. #Update #Crypto $BTC
AI agents are transforming finance, executing transactions in crypto as demand grows for stablecoin payment rails and agent-native wallets; regulatory clarity is crucial for future adoption. #Update #Crypto $USDT
OpenAI has hired several senior marketing executives from @Coinbase, including Kate Rouch and Sarah Russell, amidst a broader trend of talent shifting from crypto to AI. #Update #Crypto
@World has launched a major upgrade to World ID, enhancing privacy and security features to combat deepfakes and bots, with partnerships across platforms like Tinder and Zoom. #Update #Crypto $USDC
Allbirds (BIRD) shares surged 300% after announcing a pivot to AI computation services, selling its footwear brand for $50M to build AI infrastructure, highlighting growing demand for computing power. #Update #Crypto $BIRD
@Ledger’s CTO Charles Guillemet warns AI is worsening crypto security, following $285M exploit of Drift and $25M loss at Resolv. Over $1.4B lost to hacks in the past year. #Update #Crypto $SOL
Charles Schwab’s launch boosts adoption of $BTC and $ETH, signaling increased institutional interest in cryptocurrency markets. #Update #Crypto $BTC
@BlackRock’s Robbie Mitchnick highlights AI as a key driver for crypto, with focus shifting to $BTC and $ETH as altcoin interest wanes. #Update #Crypto $BTC $ETH
