China

Musk's xAI Raises $20 Billion With Backing From Nvidia and Cisco

Musk's xAI has successfully raised $20 billion in funding, with significant backing from tech giants Nvidia and Cisco. The investment aims to advance xAI's mission of developing artificial intelligence technologies. This substantial capital infusion positions xAI as a key player in the AI landscape, leveraging Nvidia's expertise in graphics processing and Cisco's networking capabilities. The funding round reflects growing investor confidence in AI's potential and the strategic importance of partnerships in the tech industry.

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LSEG brings commercial bank money onto blockchain rails with DiSH

The London Stock Exchange Group (LSEG) has launched a new initiative called DiSH, which aims to integrate commercial bank money into blockchain technology. This initiative is designed to enhance the efficiency and speed of transactions in financial markets. DiSH will allow for real-time settlement and improve liquidity management by enabling

Bitcoin prints classic bottom signals as BTC nears $101K reclaim

Bitcoin is showing classic bottom signals as it approaches a price reclaim of $101,000. Analysts suggest that this movement indicates a potential bullish trend, with several technical indicators aligning to support the upward momentum. Market sentiment is shifting positively, with increased buying activity observed among investors. If Bitcoin successfully

Sygnum sees tokenization and state Bitcoin reserves taking off in 2026

Sygnum, a digital asset bank, predicts that tokenization and state-held Bitcoin reserves will significantly gain traction by 2026. The bank highlights the growing interest in tokenized assets, which could revolutionize traditional finance by enhancing liquidity and accessibility. Additionally, Sygnum anticipates that more countries will adopt Bitcoin as a reserve asset,

TD Cowen Trims Strategy Price Target as Bitcoin Yield Outlook Softens

TD Cowen has reduced its price target for Bitcoin, reflecting a less optimistic outlook on Bitcoin yields. The firm cited concerns over the potential for lower returns in the cryptocurrency market, which could impact investor sentiment. This adjustment comes amid broader market fluctuations and changing economic conditions. Analysts suggest that

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LSEG brings commercial bank money onto blockchain rails with DiSH

Bitcoin prints classic bottom signals as BTC nears $101K reclaim

Sygnum sees tokenization and state Bitcoin reserves taking off in 2026

TD Cowen Trims Strategy Price Target as Bitcoin Yield Outlook Softens