Another notable acquisition has taken place in the cryptocurrency sector. A prediction market platform… PredictFun announced the strategic acquisition of the on-chain prediction platform Probable. While the financial details of the deal were not disclosed, Binance founder Changpeng Zhao (CZ), a leading figure in the industry, also shared a message of support regarding the development.
Key takeaways The evolution of crypto interest shifts from financial gain to technological potential. Crypto plays a crucial role in enabling AI agent payments infrastructure. AI significantly enhances coding efficiency and is more reliable than often perceived. Open claws have the potential to operate businesses autonomously. Building a business on token speculation is not sustainable.
Key takeaways Geopolitical tensions in the Middle East are affecting oil prices, impacting industries reliant on oil. The volatility index rising while markets remain flat suggests a bullish outlook. Bitcoin shows resilience, indicating a potential market bottoming. Liquidity returning to markets is crucial for risk assets like Bitcoin. The strategic importance of the Strait of
CoreWeave (CRWV) saw its shares surge nearly 6% in premarket trading on Wednesday after announcing a multi-year agreement to support inference operations for Perplexity, an emerging AI-driven search engine backed by Jeff Bezos and Nvidia. As part of the deal, CoreWeave will become a key backend cloud partner for Perplexity AI. The company will run
Welcome to our institutional newsletter, Crypto Long & Short. This week: Martin Gaspar on how bitcoin looks to overcome quantum fears, echoing past climate backlash Top headlines institutions should pay attention to by Francisco Rodrigues Aave’s revenue multiples hit 2024 lows despite higher prices in Chart of the Week Thanks for joining us! -Alexandra Levis
RWA tokenization has been established on multiple chains, with some networks already specializing to carry specific assets and provide liquidity infrastructure. RWA tokenization is evolving as some projects specialize and concentrate on selected chains. Currently, tokenized assets are a multi-chain phenomenon, spanning several ecosystems. Based on the number of holders, Ethereum is the leader in
Crypto-related stocks opened the Wednesday U.S. session with sizable gains as bitcoin BTC$72,364.59 surged above $72,000 for the first time in almost a month. Crypto exchange Coinbase (COIN) jumped above $200 to its strongest price since late January, up 12% in the first minutes of trading. Strategy (MSTR), the largest corporate bitcoin holder, advanced nearly
As you know, in February the US Supreme Court overturned President Donald Trump’s tariffs. However, Donald Trump strongly opposed this decision, and shortly afterward signed an order raising tariffs to 15%. In his statements, Trump argued that the US Supreme Court’s decision regarding tariffs could pave the way for large sums of money to be
Crypto giant Tether, through its venture arm, has made a strategic investment in Eight Sleep at a $1.5 billion valuation to accelerate AI-driven health technology, according to a Wednesday announcement. The deal aims to establish a long-term partnership between the two firms, with Eight Sleep planning to integrate Tether’s QVAC architecture into its products. QVAC