Author: Editor

In brief CRO, the native coin of the Cronos network, hit a three-year high price on Wednesday. The surge comes after President Donald Trump-backed Trump Media announced it would build a reserve of the cryptocurrency. The coin is linked to crypto exchange Crypto.com, which is teaming with Trump Media on the treasury and other moves....

When Max Keenan joined Y Combinator’s summer 2022 batch, he was working on Aurelian, a company that automated appointment bookings for hair salons. But less than a year later, a conversation with one of his clients led him to a far more significant problem. A nearby school’s carpool line was constantly blocking the parking lot of one of Aurelian’s hair salon clients. The salon owner called the city’s non-emergency line and was put on hold for 45 minutes before reaching a dispatcher. “She called me into her office afterwards, and was like, ‘Max, do you want to help me out?’”…

Over the past two weeks, Bitcoin (BTC) has dropped more than 7%, falling from around $117,400 on August 21 to a low of $108,666 earlier today. Despite the bearish slide, some encouraging exchange data suggests improving sentiment. However, analysts warn this could once again be a setup for institutions to trap retail buyers. Bitcoin Sentiment Improves, But Maintain Caution According to a CryptoQuant Quicktake post by contributor BorisD, the Binance vs. Other Exchanges BTC Volume Delta turned positive on August 25, registering $676 million. This indicates that Binance users have shifted decisively into spot buying mode. Source: CryptoQuant Notably, this…

Former U.S. House Speaker Newt Gingrich (R-GA) extolled the therapeutic promise of ibogaine on a recent episode of his podcast, drawing attention to a Stanford University study that found the psychedelic showed potential to treat PTSD, anxiety and depression in military veterans with traumatic brain injury. “This could be one of the great breakthroughs of...

Nvidia, the world’s most valuable company, reported another quarter of sustained sales growth in its earnings statement Wednesday, with $46.7 billion in revenue, a 56% increase compared to the same period last year. That growth was largely fueled by AI-dominated data center business, which saw a 56% year-over-year increase in revenue. Nvidia also saw its net income grow substantially since last year. The company reported a net income of $26.4 billion in the second quarter, a 59% spike since the same period last year.  All told, the company brought in $41.1 billion in revenue from data center sales in the quarter,…

Aayush Jindal, a luminary in the world of financial markets, whose expertise spans over 15 illustrious years in the realms of Forex and cryptocurrency trading. Renowned for his unparalleled proficiency in providing technical analysis, Aayush is a trusted advisor and senior market expert to investors worldwide, guiding them through the intricate landscapes of modern finance with his keen insights and astute chart analysis. From a young age, Aayush exhibited a natural aptitude for deciphering complex systems and unraveling patterns. Fueled by an insatiable curiosity for understanding market dynamics, he embarked on a journey that would lead him to become one…

In brief The CFTC will start using Nasdaq’s Market Surveillance platform to enhance its ability to detect fraud and market manipulation in crypto and production markets. The shift comes as lawmakers mull the CLARITY Act. A White House report recently recommended that the CFTC impose requirements on reporting market data for certain crypto firms. The...

ChatGPT rivals like Google’s Gemini, xAI’s Grok, and, to a lesser extent, Meta AI, are closing the gap to ChatGPT, OpenAI’s popular AI chatbot, according to a new report focused on the consumer AI landscape from venture firm Andressen Horowitz. The report, in its fifth iteration, showcases two and a half years of data about consumers’ evolving use of AI products. And for the fifth time, 14 companies appeared on the list of top AI products: ChatGPT, Perplexity, Poe, Character AI, Midjourney, Leonardo, Veed, Cutout, Eleven Labs, Photoroom, Gamma, Quillbot, Civitai, and HuggingFace. Image Credits:a16z The companies represent a cross…

Bitcoin (BTC) continues to show signs of weakness after recently setting a new all-time high earlier this month. As of today, the cryptocurrency is trading at $110,595, reflecting a 4.2% decline over the past week and an 11% drop from its peak of $124,000. The correction highlights an ongoing struggle for momentum even as broader market conditions remain uncertain. This decline has drawn the attention of analysts examining key on-chain and trading metrics. One such measure is the Taker Buy Sell Ratio, which is signaling reduced confidence among traders. According to data from CryptoQuant, this ratio has fallen to levels…

A top Democratic Virginia senator says the state should move forward with legalizing recreational marijuana sales—in part to offset the Trump administration’s cuts to federal spending in support of states. While the legislature has twice passed bills to create a regulated commercial cannabis market after the state legalized possession and use by adults in 2022,...