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News
Spot Bitcoin ETFs see $462M in net selling as Fed decision looms
4+ hour, 25+ min ago (310+ words) A week of heavy redemptions reversed nearly half the previous week's inflows as rate hike expectations surged to 87% US spot Bitcoin ETFs just had their worst week in months, shedding roughly $462.7 million in net outflows between September 8 and 11. The reversal…...
Robinhood aims for underwriting success with Oura IPO
4+ hour, 52+ min ago (437+ words) The retail brokerage secured its first-ever underwriting role, ranking dead last in a syndicate of 18 banks for the smart-ring maker's $3 billion offering Logo via Wikimedia Commons; treatment-A cover, license to verify on approval Robinhood just landed its first seat at…...
Anthropic reportedly signed a $13.7B, 6 year compute deal with RUM Group's Georgia site
6+ hour, 17+ min ago (420+ words) Estefano Gomez is an editor at Crypto Briefing specializing in blockchain analysis, DeFi, and the intersection of crypto and digital art. He previously served as Editor in Chief at Interesante for over three years, where he covered blockchain technology, NFTs,…...
Injective Protocol plans major RWA mainnet upgrade
7+ hour, 55+ min ago (382+ words) The Layer 1 DeFi chain is doubling down on tokenized real-world assets with a new mainnet version and a compliance-first minting platform. Injective, the Layer 1 blockchain built specifically for decentralized finance, has activated its IIP-677 mainnet upgrade to version 1.20.3. The upgrade…...
Insight Partners' Devin Parekh explains why his $90B firm isn't going all-in on any single AI bet
11+ hour, 46+ min ago (305+ words) The veteran software investor is comfortable holding stakes in rival AI labs and losing deals to competitors, as long as the portfolio stays diversified. While the rest of the venture world scrambles to secure allocations in OpenAI and Anthropic, Insight…...
Bitwise research finds 67% of wealth managers lack crypto allocation
12+ hour, 47+ min ago (342+ words) An informal poll of roughly 400 wealth managers reveals massive untapped demand, with 60% planning to add crypto exposure within the next year. Two out of three wealth managers still have zero crypto in their client portfolios. That’s the headline number from…...
Anthropic CEO open to transferring AI tech to government coalition
15+ hour, 43+ min ago (416+ words) Estefano Gomez is an editor at Crypto Briefing specializing in blockchain analysis, DeFi, and the intersection of crypto and digital art. He previously served as Editor in Chief at Interesante for over three years, where he covered blockchain technology, NFTs,…...
JPMorgan notes Tesla to capture nearly all robotaxi revenue
17+ hour, 17+ min ago (416+ words) The bank's latest analysis projects $320 billion in robotaxi revenue by 2035, with Tesla owning the fleet rather than sharing the wealth with individual car owners. Tesla logo (public domain) via Wikimedia Commons The bank upgraded Tesla from “underweight” to “neutral” in…...
Anthropic secures $517B in AI compute deals with Amazon, Google over 10 years
19+ hour, 19+ min ago (411+ words) Estefano Gomez is an editor at Crypto Briefing specializing in blockchain analysis, DeFi, and the intersection of crypto and digital art. He previously served as Editor in Chief at Interesante for over three years, where he covered blockchain technology, NFTs,…...
Anthropic CEO calls for government role in AI safety, eyes potential IPO
1+ day, 47+ min ago (407+ words) Estefano Gomez is an editor at Crypto Briefing specializing in blockchain analysis, DeFi, and the intersection of crypto and digital art. He previously served as Editor in Chief at Interesante for over three years, where he covered blockchain technology, NFTs,…...