Day: April 16, 2025

Crypto Startup Neutrl Raises $5M to Tokenize a Popular Hedge Fund Altcoin Trade

Novel decentralized finance (DeFi) protocol Neutrl aims to bring a hedge fund trade — once limited to sophisticated investors — to the masses in the form of a crypto token. The protocol is launching its NUSD “synthetic dollar” token, designed to generate returns by arbitraging discounted altcoin deals in over-the-counter (OTC) markets, the team told CoinDesk in an exclusive interview. Neutral also raised $5 million in seed funding led by digital asset private marketplace STIX and venture firm Accomplice. They were joined by Amber Group, SCB Limited, Figment Capital and…

Your AI ‘digital twin’ can take meetings and comfort your loved ones

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If artificial intelligence could stand in for you, take your meetings, answer your emails, and even comfort your loved ones long after you’re gone, would you let it? Colonii is about personal extension, not replication. (Colonii) That’s no longer a hypothetical question. Around the world, a new class of startups is building digital twins — AI replicas of real people that act, speak and remember just like their human counterparts. These aren’t just souped-up chatbots or gimmicky holograms; they’re serious attempts to capture human essence in machine form, with real-world…

Best Crypto to Buy as OpenAI and Musk’s Battle Escalates, OpenAI Tests New AI Agent

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Reason to trust Strict editorial policy that focuses on accuracy, relevance, and impartiality Created by industry experts and meticulously reviewed The highest standards in reporting and publishing Strict editorial policy that focuses on accuracy, relevance, and impartiality Morbi pretium leo et nisl aliquam mollis. Quisque arcu lorem, ultricies quis pellentesque nec, ullamcorper eu odio. OpenAI’s ambitions have always been out of the ordinary. Now, in an act of what some view as a direct challenge to Elon Musk, the AI giant is working on a social media app similar to…

Top 3 altcoins that are shining brighter than Bitcoin this week

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Bitcoin price is steady, with a 7.85% weekly rise to $84,858.95, but its $1.68 trillion market cap is being overshadowed by altcoins stealing the spotlight. PEPE (PEPE), Minotaurus (MTAUR), and Ripple (XRP) have surged, with PEPE leading at 13.25%, followed by XRP’s 12.38%, outpacing Bitcoin’s (BTC) climb.  These three cryptocurrencies, driven by technical breakouts and ecosystem growth, are capturing attention. Here’s why they’re shining brighter than Bitcoin. PEPE: memecoin with momentum PEPE, trading at $0.057405 with an approximate $3 billion market cap, posted a 13.25% weekly surge and now ranks…

Bitcoin and gold show loss of confidence in fiat, says Galaxy CEO

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According to Galaxy Digital founder and CEO Mike Novogratz, the recent rebound in Bitcoin reflects far more than speculative trading, rather it is a direct response to growing macroeconomic instability and a shift in global financial architecture. Speaking on CNBC’s “Squawk Box” segment Wednesday morning, Novogratz connected Bitcoin’s (BTC) recent performance with broader geopolitical and fiscal developments, including a sudden tariff policy announcement, rising interest rates, and evolving strategies in Washington. The resulting uncertainty is sparking a reevaluation of traditional security and economic systems that have been in place since…

Ethereum Challenges Descending Channel, Targets $3,000 Price

Strict editorial policy that focuses on accuracy, relevance, and impartiality Created by industry experts and meticulously reviewed The highest standards in reporting and publishing Strict editorial policy that focuses on accuracy, relevance, and impartiality Morbi pretium leo et nisl aliquam mollis. Quisque arcu lorem, ultricies quis pellentesque nec, ullamcorper eu odio. Ethereum (ETH), the second-largest cryptocurrency by market capitalization, is preparing for a potential rally towards the $3,000 mark, a level not towardseen since early February. This comes despite a tumultuous month in which the altcoin has experienced a nearly…

UFC boss Dana White becomes VeChain adviser to push blockchain mainstream

VeChain, a layer-1 blockchain platform focused on real-world applications, has added Ultimate Fighting Championship (UFC) CEO Dana White as its newest official adviser to raise more mainstream awareness of blockchain technology. White, also the founder of Power Slap, will join VeChain’s advisory board next to Nobel Prize-winning physicist Konstantin Novoselov to drive real-world blockchain adoption through “complementary expertise in mass marketing and scientific innovation.” “VeChain is an incredible partner for the UFC and Power Slap, and I’m honored to join their advisory board,” White said in a statement shared with…

Bitcoin ETF Recovery Strengthens With $76 Million Inflows As Ether ETFs Shed $14 Million

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Bitcoin ETFs added $76.42 million in net inflows on Tuesday, April 15, extending their rebound for a second day with support from five major funds. Meanwhile, ether ETFs remained under pressure, posting $14.18 million in outflows led by Grayscale’s ETHE. Bitcoin ETFs See Second Day of Gains Led by Blackrock, Ark 21Shares Bitcoin exchange-traded funds […] Original

ProShares Joins Race for XRP Futures ETF, Here’s Timeline to Watch

Key Notes ProShares plans to launch three XRP futures ETFs by the end of April. Ripple’s SEC settlement is boosting XRP’s appeal to institutional investors. Kaiko identifies XRP as the top altcoin candidate for a US spot ETF. According to a new filing with the US Securities and Exchange Commission (SEC), ProShares is preparing to launch three XRP futures-based ETFs. The move comes as interest in XRP continues to grow, especially after Ripple‘s settlement with the SEC, which removed a major legal hurdle for the third-largest digital currency. ProShares Pushes…