June 2025 – Page 54

Elon Musk’s AI Start-Up and Nvidia Join Microsoft, BlackRock, MGX AI Fund

Two of the biggest forces in artificial intelligence (AI) — Elon Musk’s xAI and Nvidia — have joined BlackRock, Microsoft and investment fund MGX’s group to expand AI infrastructure...

What’s the Impact of CoreWeave’s IPO on Core Scientific? Analysts Debate

CoreWeave, one of the hottest players in the artificial intelligence (AI) sphere, filed for an initial public offering (IPO) on March 3. The company works closely with bitcoin (BTC)...

Ethereum to Sunset ‘Holesky’ Testnet in September

Ethereum is set to discontinue its largest test network, Holesky, after it encountered challenges testing the forthcoming Pectra upgrade. The Ethereum Foundation (EF) said in a blog post on...

XRP Zooms 10% as Garlinghouse Says SEC is Dropping Case Against Ripple

XRP jumped 10% on Wednesday during U.S. morning hours as Ripple CEO Brad Garlinghouse said the U.S. Securities and Exchange Commission (SEC) is set to drop its appeal against...

Bitcoin, Ether, Solana Likely to See 3%- 5% Price Swings on FOMC Rate Decision, Volmex’s Data Suggests

The Federal Open Market Committee (FOMC), the U.S. Federal Reserve's monetary policy-making body, is slated to publish its rate review later in the day, along with growth and inflation...

Blockdaemon Acquires DeFi Connectivity Firm Expand to Bring Institutions to Web3

Blockdaemon, a leading provider of crypto infrastructure, has acquired expand.network, a single API connection into the multifarious world of decentralized finance (DeFi), with a view to enabling big financial...

Ether Zooms 7% as Bitcoin Traders Watch K Support Ahead of FOMC

Ether Zooms 7% as Bitcoin Traders Watch $80K Support Ahead of FOMC

Ether (ETH) zoomed nearly 7% in the past 24 hours to lead gains among majors as traders await the results of the Federal Open Market Committee (FOMC) meeting on...

Crypto Wallet Provider Utila Raises M as Institutional Demand for Digital Asset Management Soars

Crypto Wallet Provider Utila Raises $18M as Institutional Demand for Digital Asset Management Soars

Utila, a digital asset operations platform, has raised $18 million in a Series A round to expand its multi-party computation (MPC) wallet solutions as institutional demand to manage digital...

Erdogan Rival’s Arrest Sends Lira to Record Low, Bitcoin-TRY Volume Surging on Binance

The Turkish lira (TRY) fell to a record low against the dollar following the surprise arrest of President Recep Tayyip Erdogan's rival and Istanbul mayor Ekrem Imamoglu. The currency slumped a...

Bitcoin Price Little Changed as Bank of Japan Keeps Interest Rate Steady

The bitcoin (BTC) price showed little reaction after the Bank of Japan (BOJ) held its benchmark interest rate unchanged at 0.5% on Wednesday, a decision that aligned with market...