Author: GT

Hinge Health’s TrueMotion feature.Courtesy: Hinge HealthHinge Health on Monday updated its prospectus to include the results from its first quarter, which showed accelerating revenue growth over its fourth quarter. The digital physical therapy startup filed to go public in March, but it has not shared a price range yet. Hinge said that revenue in its first quarter climbed 50% to $123.8 million, up from $82.71 million during the same period last year. Hinge reported $117.3 million in revenue during its fourth quarter. Hinge is attempting to go public at a time of extreme economic uncertainty and market volatility, spurred largely…

Rork founders Levan Kvirkvelia and Daniel Dhawan are living a life that sounds like a movie plot — but it actually happened.  They went from broke, with depleted life savings and $15,000 in credit card debt — Dhawan was even sleeping on a mattress at a friend’s apartment — to generating $100,000 of revenue within five days.   And that led to a $2.8 million seed round led by Andreessen Horowitz’s new Speedrun program, with other backers quickly piling in, like Hustle Fund’s Elizabeth Yin; ChapterOne; Founders Inc.; Austen Allred; Expo’s Charlie Cheever and Evan Bacon; Runway’s Siqi Chen; and more.…

In the crypto world, meme coins are mostly just jokes with no intrinsic value. But the Trump family is parlaying the president’s meme coin into two valuable commodities: serious cash and access to the president.Since the coin was launched earlier this year, it has generated more than $320 million in fees for its creators, according to the blockchain analysis firm Chainalysis. And on Monday, Trump promoted a dinner he’s set to attend on May 22nd that’s open to almost anyone who buys enough of the coins.According to the contest’s rules, the top 220 holders of the meme coin will get…

Bitcoin (BTC) slipped below $95,000 on Monday, with traders now eyeing a possible retreat to $90,000 or lower amid growing macro uncertainty and a shift in market focus to this week’s Federal Reserve meeting. The pullback follows a strong two-week rally, during which BTC briefly pushed past $98,000, drawing in retail interest and institutional flows. However, some analysts are flagging a confluence of technical and macro risks that could further pressure prices. “We’re back at a key resistance zone that acted as support from December to February,” said FxPro’s Alex Kuptsikevich in an email to CoinDesk. “The next downside targets…

We’re only a few trading days into May — and, thankfully, it’s been a lot less volatile than April. The S & P 500 ‘s sharp tariff-driven selloff began on April 3, the day after President Donald Trump made his evening “liberation day” announcement. Despite a 9.5% jump, about a week later, when Trump paused “reciprocal tariffs,” the index still struggled into mid-April. The S & P 500 then went on a nine-session win streak as of Friday’s close, a run not seen in two decades. The optimism was built on headlines providing hope that trade deals would soon be…

Bitcoin had inklings of performing like a store of value in April, in contrast with much of its history. However, Bitcoin has still more closely mirrored the performance of speculative tech stocks since the beginning of the year. Is the perception of Bitcoin’s properties and value currently changing? Shares of the Bitcoin (CRYPTO: BTC)-focused exchange traded fund iShares Bitcoin Trust ETF (NASDAQ: IBIT) rallied 14.3% in April, according to data from S&P Global Market Intelligence . The IBIT is the most-traded and liquid Bitcoin ETF, and is run by Blackrock (NYSE: BLK), the largest asset manager in the world. IBIT…

After 23 years of connecting people around the world, Skype, the popular video-calling service, is shutting down. Microsoft, the parent company, confirmed that the official sunset date for the service is Monday, May 5, 2025. Skype users can either migrate all their contacts and chat data to Microsoft Teams, or they can choose to download their Skype data and transition to another video-calling service.  To assist users in the switch, we’ve created a guide on how to migrate to Teams or download Skype data. Additionally, we’ve curated a list of alternative video-calling apps that can replace Skype. How to move…

After months spent pursuing a plan to convert itself into a for-profit business, OpenAI is reversing course and said Monday its nonprofit will continue to control the company that makes ChatGPT and other artificial intelligence products.“We made the decision for the nonprofit to stay in control after hearing from civic leaders and having discussions with the offices of the Attorneys General of California and Delaware,” said CEO Sam Altman in a letter to employees. Altman and the chair of OpenAI’s nonprofit board, Bret Taylor, said the board made the decision for the nonprofit to retain control of OpenAI. The nonprofit…

This is a daily technical analysis by CoinDesk analyst and Chartered Market Technician Omkar Godbole. Bitcoin’s (BTC) weekend price movement has brought attention to the $88,800 support level, while XRP, the payments-focused cryptocurrency, seems close to confirming a bearish chart pattern known as the “death cross.” BTC fell 1.5% on Sunday (UTC), diving out of a trendline connecting lows reached on April 9 and April 20, according to charts sourced from TradingView. The breakdown of the rising trendline, a demand zone, indicates that the recovery rally from April 9 lows under $75,000 may have run its course, suggesting potential for…

US President Donald Trump leaves after taking questions from the press on the South Lawn upon returning to the White House in Washington, DC, on May 4, 2025. Alex Wroblewski | Afp | Getty ImagesPresident Donald Trump has claimed that gasoline prices have fallen below $2 per gallon, in his push to convince the Federal Reserve to lower interest rates.”Gasoline just broke $1.98 a Gallon, lowest in years,” Trump said in a post on his social media platform Truth Social on Friday. “Consumers have been waiting for years to see pricing come down. NO INFLATION, THE FED SHOULD LOWER ITS…