Situational Awareness, the hedge fund founded in 2024 by ex-OpenAI researcher Leopold Aschenbrenner, has approached investors and lenders for fresh capital after suffering heavy losses in the recent artificial intelligence stock sell-off, the Financial Times reported Thursday. The fund, which the Wall Street Journal said had around $20 billion in assets under management as of
Bitcoin price remained trapped near $64,600 on July 30 as renewed US-Iran fighting, a hawkish Federal Reserve, and another CLARITY Act delay prevented buyers from extending the recovery. Bitcoin price struggles to leave its consolidation range According to data from crypto.news, Bitcoin ($BTC) price traded near $64,600 at the time of writing after briefly falling
Bitcoin is showing early signs of undervaluation as traders weigh improving on-chain metrics against mixed exchange flows and weak short-term demand. CryptoQuant author CryptoOnchain noted Bitcoin closed at $63,850.66 on July 28, down from its recent high of $66,520 on July 21. However, blockchain data suggests that the market could be preparing for a larger
The Bank of Korea has successfully completed live cross-border payment tests using tokenized central bank reserves under the Bank for International Settlements-led Project Agora, processing transactions across six currencies and multiple payment scenarios. According to the Bank of Korea, the central bank participated in the latest round of Project Agora real transaction testing alongside 27
Pharos Network (PROS), a layer-one blockchain specializing in real-world asset (RWA) tokenization and artificial intelligence, announced that assets under management (AUM) on its aggregation platform, Pharos Harbor, have surpassed $140 million. This milestone underscores the growing adoption of RealFi—a term used to describe decentralized finance products backed by tangible, real-world assets. RealFi Protocols Drive Growth
Bitcoin trades at $63,963 on July 30, down 2%, as a hawkish Fed hold and a looming September rate hike debate collide with a weekly RSI divergence that historically signals the opposite of what the macro backdrop suggests. Four analysts read the same Fed decision and reached four different conclusions about what August holds. The
Aurora, a popular blockchain infrastructure platform, has collaborated with Solflare, a Solana-based non-custodial crypto wallet. The partnership includes the integration of Aurora’s Aurora Intents into Solflare Bridge for smooth cross-chain transfers. Both Aurora and Solflare mentioned in their official social media announcements that the integration permits consumers to fund Solflare wallets from diverse key blockchains
Investor Lawrence Lepard says the current crypto bear market is creating one of the strongest long-term buying opportunities in years. While fear around Bitcoin and Strategy (formerly MicroStrategy) continues to dominate the market, he argues the selloff looks similar to previous cycle bottoms, when investors had already capitulated before prices recovered sharply. Why Analyst Is