Grayscale Looks Beyond AI Tokens To The Data And Credit Behind Computing
Grayscale’s October 23 research note looks at a more specific crypto-and-AI proposition than a general bet on smarter software: who supplies training data, who finances hardware and who receives payment when computing capacity is used. TL;DR The report highlights DATA, USD.AI and Pearl as examples of different infrastructure roles. Hardware financing introduces credit questions alongside…
A16z Frontier Broadens The Pitch For Crypto As Investors Look Across Technologies
Andreessen Horowitz is expanding its crypto team’s investment brief. Chris Dixon’s October 22 announcement renames a16z Crypto as a16z Frontier, with the new fund able to pursue a wider range of emerging technologies while continuing crypto investment. TL;DR A broader mandate changes the set of businesses considered for funding. Using a blockchain does not determine…
BitGo Launches Labs Unit With AI-Powered Gokubu Consumer App
TL;DR: BitGo has launched a research and product unit focused initially on AI and crypto. Its first projects include Gokubu, a consumer financial app that BitGo says is already live. BitGo is moving further into the application business with a new unit intended to build products on top of its digital-asset infrastructure. The company announced…
Bitcoin And Ethereum Adoption Gets A Boost From Schwab Launch
Adoption of Bitcoin and Ethereum is poised to take a significant step forward as Charles Schwab introduces direct trading for both assets on its platform. As one of the largest financial institutions in the world, managing trillions in client assets, Schwab’s entry into the crypto space represents a major bridge between traditional finance and digital…
Ethereum Foundation Launches Bold New Push To Accelerate DeFi Growth
The Ethereum Foundation is taking a decisive step to strengthen decentralized finance (DeFi) on ETH and launching a new initiative. This move signals a renewed strategic focus on scaling DeFi adoption, improving protocol security, and fostering sustainable growth across lending, trading, and on-chain financial services. Why Boosting Developer Support And Ecosystem Funding In a key…
Tether Investments Extend Beyond Bitcoin Amid Record Profits — Details
Tether, the issuer of the world’s largest stablecoin USDT, has disclosed a portion of its investment portfolio, revealing an involvement in cryptocurrencies that extend beyond Bitcoin (BTC). The announcement comes as Tether reports record profits in 2024, which have been used to fund these strategic investments in more than 120 companies across multiple sectors. Tether…
Bitcoin Price Forms Double Bottom After Crash, Is A Bounce To $112,000 ATH Possible?
According to a TradingView crypto analyst named ‘TradingShot,’ the Bitcoin price has formed a Double Bottom pattern and is on track to reach a new All-Time High (ATH) of $112,000. This potential shift in trajectory comes after the cryptocurrency experienced a severe price crash that briefly pushed it below the $100,000 mark. Bitcoin Price Finds…