Key Takeaways:VanEck is launching the PurposeBuilt Fund, targeting real-world crypto applications built on Avalanche.The fund focuses on post-token launch investments in sectors like gaming, finance, AI, and tokenized RWAs.PurposeBuilt reinforces…
Texas has passed Senate Bill 21, a measure establishing the Texas Strategic Bitcoin Reserve. This makes Texas the third U.S. state to adopt Bitcoin as part of its state investment…
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In brief
OpenAI has acquired Jony Ive’s AI hardware startup io in a $6.4 billion all-equity deal.
OpenAI CEO Sam Altman said he's been using an io prototype and called it “the…
The Texas House of Representatives has passed the third reading of SB 21, a bill that seeks to establish a strategic Bitcoin reserve in the state. The bill passed in…
The cryptocurrency market was seen leaving investors confused yet again. The world’s largest cryptocurrency, Bitcoin (BTC), managed to tease the entire market. Earlier today, the king coin reached a high…
This is a segment from The Drop newsletter. To read full editions, subscribe.Crypto gaming studio VOYA Games has raised $5 million in funding in a round led by 1kx and…
Democratic leaning organizations and members of Congress have announced plans to protest what they describe as the sale of access to the office of the US president, in reference to…
As noted by ETF analyst Eric Balchunas, BlackRock's iShares Bitcoin Trust ETF (IBIT) has now made it to the top 5 exchange-traded funds (ETFs) by year-to-date inflows. The extremely successful…
After quietly printing a fresh record at $109,487.23 on Wednesday, Bitcoin’s spotlight has already shifted to whether a $3.6 billion May ETF buying wave can catapult the coin through $120K.…