Before the world became fixated on artificial intelligence, thanks to generative AI’s advances, cryptocurrency was the darling of many investors. So when some venture capital firms started swiftly switching their focus between AI and crypto, the industry’s onlookers scorn their opportunism. Meanwhile, a wave of entrepreneurs emerged as fervent advocates for the convergence of AI […]
Perhaps this is why the bitcoin spot ETFs are yet to send crypto prices to the moon
The long-awaited launch of bitcoin spot ETFs in the United States this year helped engender a wave of optimism that the value of the well-known cryptocurrency would quickly appreciate. The logic was simple: With an easy, low-cost avenue now available for regular investors to purchase bitcoin, the supply-demand curve would shift and the value of […]
Taking the long view on crypto
“It’s the single best time to invest in [crypto] companies,” according to 10T Holdings and 1RoundTable Partners’ CEO, Dan Tapiero. Crypto reporter Jacquelyn Melinek has the inside scoop on why his firm is taking the long view to ride out the volatility of the web3 landscape as it raises its fourth fund. Full TechCrunch+ articles […]
Google pulls Binance, other global crypto apps from India store
Google has pulled many crypto exchanges, including Binance and Kraken, from its Play Store in India, the latest blow to India’s already dwindling web3 dream. The ban comes two weeks after these global firms were flagged for operating “illegally” in the country. Financial Intelligence Unit (FIU), an Indian government agency that scrutinizes financial transactions, late […]
US spot bitcoin ETFs begin trading, Circle files for IPO and India continues crypto pullback
Welcome back to Chain Reaction. To get a roundup of TechCrunch’s biggest and most important crypto stories delivered to your inbox every Thursday at 12 p.m. PT, subscribe here. This past week has been all about U.S. spot bitcoin ETFs in the crypto world. Rumors started swirling around last week that approvals were coming, which […]