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The post Paradigm Raises $1.2 Billion AI Fund, Keeps Bitcoin Bets Alive appeared on BitcoinEthereumNews.com. Crypto News Paradigm, one of the crypto industry’s largest venture investors, has raised $1.2 billion for a new fund dedicated to artificial intelligence and robotics — its most explicit push yet beyond digital assets. The vehicle, the firm’s third venture fund, closed on Wednesday and signals a broadening strategy rather than a retreat from crypto. Managing partner Alana Palmedo described digital assets as the firm’s first frontier and still a compelling market, while acknowledging that developments elsewhere in technology had become too significant to ignore. The raise lands as Bitcoin trades near $62,000, down sharply on the year, underscoring how capital is rotating toward AI across the broader altcoin market. Founded in 2018 by Matt Huang, a former Sequoia Capital partner, and Coinbase co-founder Fred Ehrsam, Paradigm built its reputation backing protocol-level crypto proje
Read full articleA sudden escalation in U.S.-Iran tensions and military exchanges halted bitcoin’s July rally, triggering a 3.5% drop below $62,000. Geopolitical Tensions Halt Bitcoin Uptrend Bitcoin’s July uptrend came to a screeching halt Wednesday, tumbling below $62,000 as escalating Middle East tensions sparked fears that the shaky U.S.-Iran ceasefire had unraveled. Market data shows bitcoin nosedived […]
The post Bitcoin’s Potential Turnaround: 200-Week Moving Average Offers Hope appeared on BitcoinEthereumNews.com. As Bitcoin‘s price nears the $65,000 mark, there’s renewed scrutiny on market signals hinting at a possible cycle bottom. Analysts are closely examining short-term investor actions and long-term technical trends to assess the potential for a market rebound. Continue Reading:Bitcoin’s Potential Turnaround: 200-Week Moving Average Offers Hope Source: https://en.bitcoinhaber.net/bitcoins-potential-turnaround-200-week-moving-average-offers-hope
The post Paradigm raises $1.2 billion fund for AI and robotics appeared on BitcoinEthereumNews.com. Top crypto VC firm, Paradigm, has finalized a $1.2 billion fund to back AI and robotics startups. This will be the very first time the venture firm will move beyond digital assets since it launched in 2018. The firm stated that the move does not mean it has ceased its crypto operations, however, it shows investors where the industry’s biggest checkbooks are currently facing. The AI fund arrives as money floods into AI while crypto activities reduce, with fewer rounds absorbing most of the capital. “Crypto was the first frontier for us, and it continues to be a really exciting one, but there’s so much else happening right now that’s pretty hard to ignore,” managing partner Alana Palmedo told Bloomberg. Paradigm already spending AI fund Two of Paradigm’s early interests using the new fund are companies totally away from crypto. They include Zipline International, an autonomous drone deliv
The indefinite postponement of the merger raises concerns about investor confidence and the viability of large-scale Bitcoin treasury strategies. The post BSTR Holdings and Cantor Fitzgerald scrap original de-SPAC merger terms, postpone shareholder vote indefinitely appeared first on Crypto Briefing.
Geopolitical tensions heighten market volatility, impacting crypto stability and signaling potential long-term risks for digital asset investments. The post Solana falls below $77 as Iran ceasefire collapses, Bitcoin drops to $62K appeared first on Crypto Briefing.
The conflict's escalation risks regional stability, impacting global oil supply and causing significant capital outflows from the crypto market. The post Iran launches bombing spree against Kuwait and Bahrain as Bitcoin slides to $62,870 appeared first on Crypto Briefing.
The post Strike Launches Bitcoin Loans With No Price Liquidations appeared on BitcoinEthereumNews.com. Strike, the bitcoin financial services firm run by CEO Jack Mallers, launched a bitcoin-backed loan product on July 7 that removes price-triggered liquidations for the life of the loan, according to Strike’s own FAQ. The product, called “volatility-proof loans,” strips out the 65% LTV warning, 70%… Strike, the bitcoin financial services firm run by CEO Jack Mallers, launched a bitcoin-backed loan product on July 7 that removes price-triggered liquidations for the life of the loan, according to Strike’s own FAQ. The product, called “volatility-proof loans,” strips out the 65% LTV warning, 70% margin call and 85% automatic partial liquidation that apply to Strike’s standard bitcoin loan. Collateral stays untouched no matter how far bitcoin’s price falls, Strike says, as long as the borrower keeps making payments. Missing an interest or maturity payment still triggers a 10-day grace peri
Strike, the bitcoin financial services firm run by CEO Jack Mallers, launched a bitcoin-backed loan product on July 7 that removes price-triggered liquidations for the life of the loan, according to Strike's own FAQ. The product, called "volatility-proof loans," strips out the 65% LTV warning, 70%…
