The U.S. Justice Department has spent nearly a year investigating Andreessen Horowitz over whether partners at the venture capital firm are improperly serving on the boards of competing artificial intelligence companies. Bloomberg News reported on Aug. 17, citing people familiar with the matter, that the inquiry involves Databricks and Fivetran, two data and AI companies
Bitcoin price is currently trading around $64.1K. The buyers are in firm control of the $BTC market structure. The dominant asset in the market, Bitcoin ($BTC), is trading at $64,162, up 1.1%, with the daily volume at $21.109 billion. Its 24-hour price range is between $63,246 and $64,515. In addition, the $BTC market has experienced
Bitcoin ($BTC) begins the new week bullish as the leading cryptocurrency is up by more than 1% in the last 24 hours. It is trading above $64,000 on Tuesday after successfully defending the $62,300 support level following the release of softer US inflation data last week. Trading volume increased when Bitcoin approached the support area,
Wells Fargo Investment Institute has changed its Federal Reserve outlook as the debate over another tightening cycle returns. The institute now expects one 25-basis-point increase during 2026 and another increase during 2027. That path would eventually place the federal funds target range at 4.00% to 4.25%. For crypto investors, the change matters through interest rates,
Even though Bitcoin itself is still stuck around $64,000, funding rates for the cryptocurrency have risen to their highest level in about 20 months, indicating a significant shift in derivatives positioning. Traders are deleveraging The action implies that traders are willing to pay more to keep leveraged long positions. Periodic payments between long and short
Pharos Network (PROS), a layer-one blockchain focused on real-world asset tokenization and artificial intelligence, has expanded its RealFi ecosystem with the addition of PGNGI+, a new on-chain product tied to global private infrastructure investments. The product, launched through on-chain asset protocol Asseto Finance, represents the first offering of its kind within the Pharos ecosystem, giving
Famed short-seller James Chanos believes that business intelligence firm Strategy is one of the greatest pure arbitrage opportunities he has ever seen. Chanos argued that there is an “$80B actionable spread” between Strategy and the Bitcoin it holds. Strategy owns an enormous amount of Bitcoin, but the stock market can value the company at substantially
Two prominent hedge funds significantly reduced their exposure to spot Bitcoin exchange-traded funds (ETFs) during the second quarter, according to recent regulatory filings. Brevan Howard cut its holdings of BlackRock’s iShares Bitcoin Trust (IBIT) by approximately 70.4%, while Graham Capital reduced its position by about 72% over the same period. Details from the 13F Filings
Harvard Management Company (HMC), which oversees Harvard University’s endowment, kept its position in BlackRock’s spot Bitcoin ETF (IBIT) unchanged during the second quarter of 2025, according to a U.S. Securities and Exchange Commission (SEC) 13F filing. The firm held 3,044,612 shares as of June 30, 2025, matching its previous quarter’s total. Context: A Shift in