Day: April 21, 2025

Aethir launches “AI Unbundled” alliance to accelerate decentralized AI development in web3

admin

Key Takeaways AI Unbundled is a new alliance led by Aethir to promote AI development in web3 by bringing together various partners. The initiative provides AI startups with funding, access to decentralized resources, and opportunities for collaboration through co-branded events. Share this article Aethir, a pioneer in decentralized cloud infrastructure for AI and gaming, is launching “AI Unbundled,” a new industry alliance aimed at advancing artificial intelligence innovation within the web3 ecosystem, the team shared in a Monday announcement. AI Unbundled offers a collaborative framework that connects AI builders with…

How smart capital moves in uncertain markets

admin

Share this article In today’s economic landscape, uncertainty isn’t just a passing phase — it’s the new constant. With looming tariff threats, geopolitical volatility, and interest rate ambiguity, traditional market signals have grown foggy. Investors across asset classes are caught in a holding pattern, not because they don’t want to act, but because they might not be sure how to achieve a satisfactory yield on their idle digital assets. But sitting still comes at a cost. Capital that remains idle in a climate of elevated inflation and low yields doesn’t…

Circle, BitGo about to apply for bank charter, others may follow: WSJ

admin

Major cryptocurrency firms, including stablecoin issuer Circle and crypto custodian BitGo, are reportedly considering applying for bank charters or licenses. According to an April 21 Wall Street Journal report citing people familiar with the matter, Circle, BitGo and other firms are considering applying for some form of banking license. Other firms cited include the publicly traded US-based crypto exchange Coinbase and the stablecoin issuer Paxos. Back in 2021, the US Office of the Comptroller of the Currency already granted a preliminary conditional approval for a US bank charter to Paxos.…

Michael Saylor’s Strategy bagged 6,556 Bitcoin for $555.8M last week

admin

Michael Saylor’s Strategy, one of the world’s largest publicly listed corporate Bitcoin holders, added another major purchase to its growing portfolio as the cryptocurrency trades near $85,000. Strategy acquired 6,556 Bitcoin for $555.8 million from April 14–20, at an average price of $84,785 per coin, the firm announced in its latest Form 8-K filing with the United States Securities and Exchange Commission. The latest purchase accounts for 1.2% of Strategy’s total Bitcoin holdings of 538,200 BTC as of April 20, acquired for the aggregate amount of $36.5 billion at an…

BNB Springs Back From $531 With Unshaken Bullish Conviction

admin

My name is Godspower Owie, and I was born and brought up in Edo State, Nigeria. I grew up with my three siblings who have always been my idols and mentors, helping me to grow and understand the way of life. My parents are literally the backbone of my story. They’ve always supported me in good and bad times and never for once left my side whenever I feel lost in this world. Honestly, having such amazing parents makes you feel safe and secure, and I won’t trade them for…

Pavel Durov says Telegram would exit markets before betraying users

admin

Telegram CEO Pavel Durov expressed concerns over a growing threat to private messaging in France and other European Union countries, warning that Telegram would rather exit certain markets than implement encryption backdoors that undermine user privacy. In an April 21 post to his “Du Rove’s channel” on Telegram, he posted a message about the EU’s increasing efforts to weaken messaging encryption by adding backdoors, a method that would allow authorities to bypass encryption and access private user data. Durov cited initiatives from French and EU lawmakers to require messaging apps like Telegram…

Saylor’s Strategy buys 6,556 Bitcoin for $555 million

admin

Key Takeaways Saylor’s Strategy bought 6,556 Bitcoin for $555 million between April 14 and 20. Strategy aims to hold $42 billion in Bitcoin by the end of 2027. Share this article Michael Saylor’s Strategy announced today that the company had purchased another 6,556 Bitcoin at an average price of $84,785 between April 14 and 20, spending around $555 million on the coins. The purchase was funded through proceeds from Strategy’s Common ATM equity offering and Series A perpetual convertible preferred stock offering. Between April 14 and 20, the company sold 1.7…

Crypto casino revenues hit $81B in 2024 despite global restrictions

admin

Crypto casinos generated more than $81 billion in revenue from betting in 2024, even as regulators in key jurisdictions continue to block access to the platforms, according to a new report. Citing data from the anti-online-crime platform Yield Sec, the Financial Times reported that wagers paid in crypto in 2024 generated $81.4 billion in gross gaming revenue (GGR). This metric refers to the difference between bets taken and winnings paid out.   Yield Sec data also showed that the annual revenue for crypto casinos increased five times since 2022 despite gambling…

Bitcoin rally above $100K may follow US Treasury buybacks — Arthur Hayes

admin

Investors seeking Bitcoin exposure may be running out of time to purchase below a six-figure price, as US Treasury buybacks may signal the next leg up for the world’s first cryptocurrency. This might be the “last chance” to buy Bitcoin (BTC) below the $100,000 mark, according to Arthur Hayes, co-founder of BitMEX and chief investment officer of Maelstrom. “Seriously fam, this might be the last chance you have to buy $BTC post, hinting at incoming “treasury buy backs” as the “Bazooka” for Bitcoin’s price trajectory. Source: Arthur Hayes Treasury buybacks…

XRP price eyes 70% rally ahead of CFTC-regulated futures launch on Coinbase

admin

XRP (XRP) has dropped nearly 40% since hitting its multi-year high of $3.40 three months ago. Still, its ability to hold above key technical support levels, combined with a potentially market-shifting derivatives listing, has prompted some analysts to maintain a bullish outlook for the months ahead. XRP/USD daily price chart. Source: TradingView Coinbase XRP futures may launch on April 21 From a fundamental perspective, XRP may receive a boost from the anticipated launch of XRP futures contracts on the Coinbase Derivatives platform, scheduled for April 21 under the US Commodity…