Author: GT

Amid the broader crypto market correction, you might be surprised to find out that a number of high-profile investors continue to double (and even triple) down on their optimistic price predictions for Bitcoin (CRYPTO: BTC). Billionaire Silicon Valley venture capitalist (VC) Tim Draper, for example, still thinks Bitcoin could hit $250,000 by the end of 2025. But just how likely is that? After all, Bitcoin is now down more than 20% from an all-time high of about $109,000 in January, and it has struggled to regain the $100,000 price point since then. The first thing you should know is that…

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Welcome to Startups Weekly — your weekly recap of everything you can’t miss from the world of startups. Want it in your inbox every Friday? Sign up here. This week reminded us that creative accounting doesn’t only happen in Hollywood. Some hopes were dashed, but startups are delivering on all sorts of promises, from nuclear reactors to small EVs. Most interesting startup stories from the week Image Credits:Courtesy of Hasan Sukkar The startup news this week was very much a mixed bag, with one public exit finalized and another delayed and a flurry of other developments, both promising and disappointing.…

NEW YORK (AP) — When a protester was caught on video in January at a New York rally against Israel, only her eyes were visible between a mask and headscarf. But days later, photos of her entire face, along with her name and employer, were circulated online.“Months of them hiding their faces went down the drain!” a fledgling technology company boasted in a social media post, claiming its facial-recognition tool had identified the woman despite the coverings.She was anything but a lone target. The same software was also used to review images taken during months of pro-Palestinian marches at U.S.…

The Federal Deposit Insurance Corp. will no longer instruct banks to get prior sign-off before they engage in crypto activities — a standard that was set in 2022 and that effectively severed institutions from the digital assets sector as they waited for approvals that never came. The FDIC, which is the chief federal supervisor of thousands of typically smaller banks and runs the banking industry’s government backstop, had occupied a significant role in the crypto debanking saga. A courtroom fight with crypto exchange Coinbase had recently unveiled dozens of letters between the regulator and banks it supervised. In that 2022…

Women’s health and its startups building connected breast pumps, period trackers, and other apps and hardware designed for women have collectively pulled in more than $5 billion in funding in the last five years, but the market is tight, and now, two of the trailblazers in the space are coming together as consolidation beckons.  Willow, the San Francisco startup that made its name with wearable breast pumps, is acquiring Elvie, which started with a smart Kegel trainer before expanding to other products for new mothers, including its own breast pumps and most recently, a bassinet. Terms of the deal have…

Romain Costaseca / Hans Lucas / AFP / Getty Images Shares of Mara Holdings, Strategy, and several other companies tied to cryptocurrencies fell Friday, along with the price of Bitcoin. Stocks were broadly lower Friday after inflation and consumer sentiment data raised concerns about the state of the economy. The price of Bitcoin surged in the wake of Donald Trump’s reelection on expectations of a friendlier regulatory environment, though the cryptocurrency lost some of those gains in recent weeks. Shares of Mara Holdings (MARA), Strategy (MSTR), and several other companies tied to cryptocurrencies fell Friday along with the price of…

Welcome back to TechCrunch Mobility — your central hub for news and insights on the future of transportation. Sign up here for free — just click TechCrunch Mobility! Before we jump into the transportation news of the week, it’s worth pointing you to a couple of articles that are focused on Elon Musk, the CEO and largest shareholder of Tesla and the founder of several other companies, including SpaceX and Neuralink. You might recall an investigation the team here at TechCrunch published in February on the people in Elon Musk’s DOGE universe. The article, which continues to be updated, focused…

Hopes for the crypto recovery to continue vanished on Friday, as a market-wide rout erased virtually all gains from earlier this week. Bitcoin (BTC), hovering just below $88,000 a day ago, tumbled to $83,800 recently and is down 3.8% over the past 24 hours. The broad-market benchmark CoinDesk 20 Index declined 5.7%, with native cryptos Avalanche (AVAX), Polygon (POL), Near (NEAR), and Uniswap (UNI) all nursing almost 10% losses during the same period. Today’s sell-off wiped out $115 billion of the total market value of cryptocurrencies, TradingView data shows. Ethereum’s ether (ETH) declined over 6% to extend its downtrend against…

Nintendo announced on Friday that its live-action “The Legend of Zelda” movie will premiere on March 26, 2027. It’s a little weird to announce this the day after a Nintendo Direct livestream, where the gaming company usually unloads all of its recent news. But that was intentional. The company wants fans to download its new app, Nintendo Today! — yes, that exclamation is their own doing — to learn the latest news. During Thursday’s Nintendo Direct event, Nintendo game director Shigeru Miyamoto closed out the presentation by announcing the Nintendo Today! news app. Those who swiftly downloaded it were rewarded…