Key takeaways: Top traders boosted their Bitcoin long-to-short ratios, strengthening the $76,000 support floor. Macroeconomic pressures and persistent Bitcoin ETF outflows are capping immediate Bitcoin breakout potential to $82,000. Bitcoin ($BTC) flirted with $78,000 on Thursday but failed to sustain its bullish momentum after a disappointing outlook from US retailer Walmart and growing signs of
Hark’s founder Brett Adcock, who also founded Figure AI, earlier today announced that the firm had completed a Parkway Venture Capital-ed Series A round that attracted $700 million at a $6 billion valuation from other tech giants, like NVIDIA (NASDAQ: NVDA), AMD Ventures, Intel Capital (NASDAQ: INTC), Qualcomm Ventures (NASDAQ: QCOM), and Salesforce Ventures (NYSE:
Eros Innovation, an autonomous cultural-technology and AI group, has partnered with ADI Foundation, an institutional gateway for blockchain adoption. As a part of this collaboration, Eros Innovation has introduced ErosADI, an independent cultural AI operating system. As per Eros Innovation, the new initiative aims to redefine identity, AI-native creative networks, and economic participation at a
Asset tokenization platform Securitize is moving ahead with a SPAC merger on Nasdaq, aiming to accelerate its expansion beyond stablecoins into a broader universe of tokenized securities. Securitize’s efforts to “tokenize the world” just took an added-value turn, with the company doubling down on efforts to assemble on-chain securities infrastructure operational at scale. The company
4AI, a decentralized AI agent marketplace, announced a strategic partnership with KieDex, a next-gen crypto futures derivatives trading network as part of their integration with one another. The timing of the integration is key to both projects with KieDex being on the cusp of going live on its mainnet (full-scale) and being ready to execute
Bitcoin remains in a tight Spot as its next directional move carries significant liquidation consequences on both sides of the market. Selling pressure is building, macroeconomic uncertainty is deepening, and investors are increasingly shifting toward protecting their capital over the longer term. $22.08 billion in liquidation clusters sit on both sides The latest analysis from
In brief Bank of America reiterates “buy” on Nvidia and lifts its target to $350 after record Q1 revenue of $81.6 billion. BofA sees the AI market topping $3 trillion by 2030, plus a $200 billion CPU opportunity and $145 billion in customer commitments. BofA says Nvidia’s biggest risk is its sheer size: The stock
Aegixe, a renowned blockchain security entity, has partnered with DeShare, a popular DeFi platform. The partnership attempts to improve security benchmarks covering the DeFi network. As per Aegixe’s official social media announcement, the joint effort is set to provide full-scale verification and auditing services for the smart contracts and blockchain infrastructure of DeShare. Hence, both
At least five crypto companies have shuttered this week as a prolonged downturn in the crypto market has put downward pressure on user activity and investor funding. Crypto trading card platform Fantasy.top, cross-blockchain infrastructure company Everclear, and Ethereum layer-2 blockchain ZERO Network all announced Thursday that they were winding down, with their products failing to