Wall Street Giant Cantor Fitzgerald to Launch Gold-Backed Bitcoin Fund

Wall Street investment bank Cantor Fitzgerald Asset Management said it plans to launch a new fund that blends bitcoin BTC gains with a fallback anchored to gold. The Cantor Fitzgerald Gold Protected Bitcoin Fund, which the firm said will be its first BTC-focused investment vehicle, is structured to provide investors uncapped exposure to bitcoin’s price … Read more

Perplexity’s new tool can generate spreadsheets, dashboards, and more

Perplexity, the AI-powered search engine gunning for Google, on Thursday released Perplexity Labs, a tool for subscribers to Perplexity’s $20-per-month Pro plan that can craft reports, spreadsheets, dashboards, and more. Perplexity Labs is available on the web, iOS, and Android, and coming soon to Perplexity’s apps for Mac and Windows. “Perplexity Labs can help you … Read more

In a victory for Palmer Luckey, Meta and Anduril work on mixed reality headsets for the military

On Thursday, Anduril and Meta announced news that feels like a fairy tale ending for Anduril co-founder, Palmer Luckey. The two companies are working together to build extended reality (XR) devices for the U.S. military, Anduril announced in a blog post. “I am glad to be working with Meta once again,” Luckey is quoted as … Read more

Instagram isn’t just for square photos anymore

Instagram now supports photos that have a 3:4 aspect ratio, meaning that when you upload a photo with that ratio, “it’ll now appear just exactly as you shot it,” Instagram head Adam Mosseri says in a Threads post. He also notes that “almost every phone camera defaults to” that format. An image from Instagram’s broadcast … Read more

BNB Breaks $687 Resistance as Investors Seek Crypto Hedge Amid Global Tensions

Recent escalations in global trade disputes have created a complex backdrop for cryptocurrency markets, with BNB demonstrating notable strength despite economic headwinds. The token’s upward momentum comes as investors seek alternative assets amid traditional market volatility caused by ongoing geopolitical tensions. While central banks worldwide adjust monetary policies to combat inflation, digital assets like BNB … Read more

Nigel Farage-Led Reform UK Becomes First European Political Party to Accept Crypto Donations

Reform UK, the U.K. political party led by Nigel Farage, is set to become the first European political party to accept cryptocurrency donations, according to a blog post. The donations will be facilitated by Radom, a U.K.-based crypto payments company that has VASP (Virtual Asset Service Provider) licenses for its crypto infrastructure. The blog post … Read more

AI Project Donut Raises $7M Pre-Seed Funding to Build Agentic Crypto Browser

Artificial intelligence (AI) project Donut has raised $7 million in pre-seed funding to build its Solana-based agentic crypto browser, a tool that helps users engage with blockchain applications. The funding round was led by Hongshan (formerly Sequoia CN), BITKRAFT, and HackVC, Donut announced on X on Thursday. Donut’s AI agent-powered browser includes a native cryptocurrency … Read more

SHIB Surges on Massive Volume After Mid-Day Plunge

Shiba Inu (SHIB) has demonstrated impressive resilience amid global economic uncertainties, recovering strongly after bottoming at 0.00001405 during mid-day trading. The token’s price action shows a clear structure forming with a short-term support zone around 0.00001447 and immediate resistance at 0.00001452 that could determine its near-term direction. Technical Analysis Highlights SHIB experienced significant volatility over … Read more