AI
Elon Musk’s xAI leaps to $24 billion valuation with $6 billion funding round
The company will use the funding to advance the research to release its first products to the market.
Oluwapelumi Adejumo 2 min read
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Crypto
Crypto investment inflows soar to $932 million after favorable CPI report
Grayscale's GBTC sees a rare week of inflow, while Ethereum crypto products continue their bearish run.
Crypto
Chainlink surges 30% as DTCC explores blockchain for mutual fund data delivery
DTCC and Chainlink collaborate on a Smart NAV pilot, enabling blockchain innovations in mutual fund services.
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Investments
CoinShares brought in $55 million in Q1 2024 in ‘strongest quarter ever’
Quarterly revenue, gains, and other income rose 216% year-over-year.
Investments
Crypto investment products see first inflow in weeks despite subdued trading volumes
The uncertainty surrounding Ethereum ETFs resulted in significant outflows for ETH last week.
ETF
New Hampshire representative proposes Bitcoin ETF investment to address state financial liabilities
The lawmaker pointed out that the state missed on a 10,000% gain when it failed to invest in Bitcoin in 2016.
Crypto
Tokyo-listed Metaplanet outlines Bitcoin plan amid rising economic pressure in Japan
Metaplanet said it would embrace a Bitcoin-first approach and praised the blockchain's proof-of work mechanism.
Investments
US Bitcoin ETFs see record outflows as Hong Kong counterparts thrive
Hong Kong spot Bitcoin and Ethereum ETFs recorded significant inflows of more than $300 million last week.
Investments
Crypto firms raised $2.5 billion in Q1, representing 29% quarterly increase
Galaxy called the increase modest in light of recent market recovery.
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Investments
Matera raises $3.6 million to boost creator economy by fusing DeFi with social media
Investments
Grayscale’s outflows slow as investor interest in altcoins like Solana, Polkadot rises
Investments
Bitcoin ETFs in the US drive higher crypto allocations among institutional investors
Investments
