Author: Editor

Ethereum is testing resistance just below $2,400, caught between renewed buying interest and the lingering uncertainty that has defined the market for months. The price action looks tentative from the outside — but a CryptoQuant report is pointing to something happening beneath the surface that the chart alone does not capture. Related Reading According to the report, the 14-day moving average of Ethereum’s Taker Buy Sell Ratio on Binance has surged to 1.036, its highest reading since April 2021. That means buyers on Binance are not just present — they are outpacing sellers at a rate the market has not…

AI video generation startup Luma has launched Innovative Dreams, a production company built in partnership with Wonder Project, a streaming service that produces religious films and TV on Amazon Prime.  The tie-up’s first show will be called “The Old Stories: Moses,” starring British actor Ben Kingsley and set to launch this spring on Prime Video.  “Innovative Dreams is a production services company where seasoned filmmakers from director Jon Erwin’s team and Luma’s creative technologists work with great studios and filmmakers to help them realize ambitious ideas,” Luma said Thursday in a social media post.  The company envisages creative teams collaborating…

In brief Cardano founder Charles Hoskinson says the latest Bitcoin improvement proposal won’t be able to save all the Bitcoin vulnerable to quantum computing. The proposal would block, then freeze old coins, across three phases before a potential recovery could take place for those that missed deadlines. Hoskinson says at least 1.7 million coins, from...

Dogecoin’s price action is still stuck below $0.1, trading in a range so tight. Dogecoin’s price trajectory has spent the better part of April refusing to commit to a direction, and this trend is also reflected in its spot flow activity. The latest data from CoinGlass shows a split between short-term outflows and inflows on higher timeframes.  Dogecoin Buyers Are Showing Up, Just Not Enough The latest Dogecoin spot flow data presents a balanced view of market activity. At first glance, Dogecoin’s spot flow data appears constructive, with inflows exceeding outflows across most timeframes. The 15-minute, 30-minute, 4-hour, 8-hour, 12-hour,…

Mike Krieger, Anthropic’s chief product officer, resigned from the board of interface design company Figma on April 14. His departure was disclosed to the U.S. Securities and Exchange Commission by the publicly traded $10 billion company the same day that The Information reported Anthropic’s next model, Opus 4.7, will include design tools that could compete with Figma’s primary offering. Figma is the developer of a popular tool for user experience designers who build interfaces for websites and apps. The company has collaborated closely with Anthropic to integrate the frontier lab’s AI models into its products as assistants for its users.…

Physical Intelligence, the two-year-old, San Francisco-based robotics startup that has quietly become one of the most closely watched AI companies in the Bay Area, published new research Thursday showing that its latest model can direct robots to perform tasks they were never explicitly trained on — a capability the company’s own researchers say caught them off guard. The new model, called π0.7, represents what the company describes as an early but meaningful step toward the long-sought goal of a general-purpose robot brain: One that can be pointed at an unfamiliar task, coached through it in plain language, and actually pull…

In brief Hyperbridge’s exploit was about 10x worse than originally feared, with estimated losses now around $2.5 million. The protocol originally reported that there were just $237,000 in funds exploited earlier this week. The bulk of stolen funds have been traced, and the firm is working with law enforcement in the hopes of freezing and...

There is currently a low-grade war between OpenAI and Anthropic over who can release the most convenient and powerful AI-coding tools and, so far, Anthropic seems to be winning. Claude Code has been dubbed the tool of choice for many businesses, as TechCrunch reported last week, but OpenAI isn’t giving up yet. This week, OpenAI announced a revamp of Codex, its own automated tool, with a variety of new updates designed to give it significantly expanded powers. On Thursday, the company announced a plethora of new features and updates, perhaps the most notable of which is that Codex can now…

Bitcoin has seen a lot of sell-offs recently that have contributed to the decline in its price. As a result, there has been a lot of panic in the market as the sentiment shifted deep into the negative. However, it seems like the larger investors are actually looking at the current downtrend as an opportunity to fill up their bags. The buying has been rapid recently, suggesting that I stations are actually picking up whatever BTC retail has been dumping on the market. What The Big Players Have Been Up To The last week has seen a lot of activity…

In brief Drift Protocol is working with Tether on establishing a recovery pool for victims that lost $295 million to an exploit this month. Drift indicated that its moving away from Circle’s USDC after the stablecoin issuer’s cross-chain protocol was used to move stolen funds. The Treasury Department has urged Congress to consider legal protections...