Key Takeaways Anthropic is in early talks to raise $3–$5 billion, targeting a valuation above $150 billion, up from $61.5B in March. At this valuation, FTX’s former 8% stake, sold for approximately $1.3 billion, would be revalued at over $12 billion. Share this article Anthropic is in early talks to raise a new funding round at a valuation exceeding $150 billion, according to the Financial Times, citing people familiar with the matter.The discussions come just four months after the AI startup raised $3.5 billion at a $61.5 billion valuation in a Series E led by Lightspeed Venture Partners. If successful,…
Author: ₿e Proud
XRP Price Eyes Rebound after $3 retestAfter a sudden fix last week, XRP adjusted to test a major support level of $3.00, where temporary stability was found. To date, the token has been slightly backed up and traded nearly $3.20, indicating early signs of strength.XRP/USD 4 -Hours Chart -TradingViewOn the four-hour chart, XRP is trying to gain momentum after recovering 21 EMA and falling below the short-term moving average. The RSI is located at 47.89, suggesting a neutral region with potential upwards. If the XRP continues to hold over $3, the Bulls could see them return aggressively.Here is the XRP…
Shiba Inu (SHIB), a digital coin running on Ethereum’s ERC-20 system, popped onto the crypto scene in August 2020. Cooked up by a mysterious person or group called “Ryoshi,” SHIB wasn’t just another cryptocurrency. In fact, they called it an “experiment in decentralized spontaneous community building.” This bold plan quickly grabbed the market’s eye, mainly because of its unusual coin setup and the constant buzz about its massive number of tokens. At the time of writing, SHIB was valued at $0.00001338 after falling by over 13% on the charts in a mere matter of days. Worth pointing out though that…
Web2 and centralized media platforms have debilitating effects on user privacy. Even Mashable CEO Pete Cashmore said “Privacy is dead and social media is a smoking gun” until DESOC came to the rescue. This new social media powerhouse is building a rebellious ecosystem of world’s first decentralized social media and endless possibilities. Its ongoing advance sales have turned the heads of many meme enthusiasts. Shiba Inu and Bonk owners are already stacking up what looks like the future of social media. Let’s find out more. DESOC PRESALE unlocks on-chain social rewards DESOC supplies 45% of the 3 billion SOCS to…
The leading altcoin Ethereum is trading near the resistance at $3,0000, and this is significant. It shows that market players, especially institutional investors, whales, and traders, are making huge bets on the long-term potential of the second-largest cryptocurrency. Record Futures Volume Fuel Ethereum’s Bullish Momentum The technical indicators of ETH are quite positive, the volume of transactions is very high, and the capital flows are huge due to the interest from traditional finance. BlackRock, the biggest asset manager in the world, is leading this revived interest. The company recently carried out a $300.9 million Ethereum purchase, which marked its…
Giggle Academy and American Legion Charities have announced a $2 million partnership to launch a new scholarship initiative aimed at supporting the children of America’s fallen and disabled service members through education in blockchain and artificial intelligence (AI). The program will provide up to $20,000 in educational grants to underserved students from military families, especially those impacted by the death or disability of a parent in the line of duty. At its core is an annual competition centered on practical blockchain and AI questions under the theme: “What’s broken, and how would you fix it?” Founded in 2024 by tech…
Meta CEO Mark Zuckerberg announced Friday that former OpenAI researcher Shengjia Zhao will lead research efforts at the company’s new AI unit, Meta Superintelligence Labs (MSL). Zhao contributed to several of OpenAI’s largest breakthroughs, including ChatGPT, GPT-4, and the company’s first AI reasoning model, o1. “I’m excited to share that Shengjia Zhao will be the Chief Scientist of Meta Superintelligence Labs,” Zuckerberg said in a post on Threads Friday. “Shengjia co-founded the new lab and has been our lead scientist from day one. Now that our recruiting is going well and our team is coming together, we have decided to…
when crypto ried hard back in early 2024 some believe that the market would hit its cycle Top early others believed that the crypto cycle would play out as usual and that the best was yet to come since the start of 2025 crypto has been crashing with some believing that the market will hit its cycle top later than usual others believe that the crypto cycle top is already in and that the worst is yet to come so where are we in the crypto cycle is the top already in or is it yet to come in today’s…
Key Takeaways Tesla missed out on billions in potential profits by selling 75% of its Bitcoin holdings too early. The company’s early Bitcoin sale coincided with challenges in its core auto business and impacted financial results. Share this article Tesla could have made billions if it had held onto Bitcoin (BTC) instead of selling the bulk of it when prices crashed in 2022.In early 2021, Tesla acquired 43,200 Bitcoin worth $1.5 billion as part of its treasury diversification strategy, data from BitcoinTreasuries.net shows. Soon after, the company began accepting the asset as payment for its cars, but then suspended the…
Spot Ether ETFS recorded an inflow of $452.72 million on Friday, extending its winning streak to 16 consecutive trading days. According to Sosovalue, this consistent inflow has brought a cumulative total of $9.333 billion since the launch of the US Spot Ether ETF. BlackRock Etha led the activity on Friday, with net inflows coming at $440 million. The fund currently holds $10.69 billion under management, the largest share of all ether ETFs listed in the US. – advertisement – Ethereum Spot ETF inflows and assets..Source: SosoValue Bitwise Ethw continued at $9.95 million. Fidelity Feth reported $70 million. Meanwhile, Grayscale S…