In brief
Luxxfolio is transitioning from Bitcoin mining to a digital asset treasury strategy centered on Litecoin, paired with infrastructure plans.
It comes as the firm posted zero revenue and a net…
In brief
Stablecoin fintech Rain has raised $58 million.
The Visa-backed company, which issues cards, has raised a total of $88.5 million from big backers like Sapphire Ventures, Dragonfly, Galaxy Ventures,…
Bitcoin price is showing bearish signs below $113,000. BTC is struggling to recover and might start another decline below the $111,000 zone.Bitcoin started a recovery wave above the $109,550 zone.
The…
In brief
Fenwick & West moves to dismiss lawsuit alleging the law firm aided FTX's multi-billion dollar fraud, arguing it had no knowledge of wrongdoing.
Firm claims it only provided "routine and…
Although Ethereum (ETH) failed to break the $5,000 mark on August 24 – pulling back from a new all-time high (ATH) of $4,956 – the second-largest cryptocurrency by market cap…
In brief
China has set targets for AI adoption, seeking 70% penetration by 2027 and 90% by 2030.
The policy mandates integration of AI across industry, governance, and public services.
The move underscores…
Reason to trust
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In brief
ChatGPT still leads, but Google’s Gemini and Musk’s Grok are closing fast, per Andreessen Horowitz's Top 100 AI Apps.
The AI app market is stabilizing—fewer new entrants on web, more…
CryptoQuant’s Bitcoin Bull Score Index has dropped to a value of 20, hinting that a potential bearish transition could have occurred for the asset.
Bitcoin Bull Score Index Is Now In…
In brief
Bitcoin's volatility has plunged this year.
Analysts at JP Morgan think this should make the asset more attractive to investors.
The leading cryptocurrency's price should be at $126,000, they…