Western Union begins USDPT stablecoin rollout on Solana
Western Union is one of several remittance firms that announced stablecoin plans after the US passed the stablecoin-friendly GENIUS Act in July....
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Bitcoin tests $80,000 as Asia’s bid fades and Hong Kong AI IPOs surge
Bitcoin struggles to break $80,000 as Asian investors flee to Hong Kong's booming AI IPO market, with spot bitcoin ETF activity there nearly dormant. Western markets alone are driving gains, but U.S. spot ETF outflows and weakening buying pressure suggest momentum is fading. Friday's U.S. payrolls report will determine if bulls can sustain higher levels without broader global participation.
Haun Ventures Raises $1 Billion Fund for the Intersection of Crypto and AI Agents
Haun Ventures has closed a $1 billion fund targeting crypto and AI agent projects intersection. The mega-fund signals growing institutional interest in autonomous AI systems within blockchain infrastructure. This reflects investors' belief that AI agents represent crypto's next significant growth catalyst. For Indian investors, this validates emerging opportunities in decentralized AI platforms and agent-based protocols gaining traction globally.
GameStop's $55.5 billion eBay takeover bid puts its $368 million bitcoin stash in the crosshairs
GameStop's $55.5 billion eBay bid raises questions about its $368 million bitcoin holdings. The video game retailer plans funding through $9.4 billion cash and $20 billion financing, but CEO Ryan Cohen previously called the acquisition "way more compelling than bitcoin," suggesting potential BTC sales. GameStop shifted 4,709 BTC to Coinbase Prime for income generation, keeping the door open for asset liquidation to fund expansion.