Author: GT

French VC firm Daphni is announcing the first closing of its new fund, Daphni Blue. The firm has raised €200 million (around $215 million at current exchange rates). It expects to raise as much as €250 million ($270 million) by the end of the year. Some of Daphni’s most remarkable past investments include Back Market, Swile, Hubcycle and Pasqal. Overall, the firm has invested in 70 European startups since 2015. With its latest fund, Daphni plans to invest in another 40 startups. Limited partners in Daphni Blue include Crédit Mutuel Arkéa, Bpifrance, the European Investment Fund, PRO BTP and Swen…

XRP and Solana Attract Millions as Crypto Inflows Hit $644 Million, Ethereum Loses $86 Million XRP and Solana saw the highest inflows among altcoin-based exchange-traded products (ETPs) in the week ending March 21, with $6.71 million and $6.44 million, respectively, according to CoinShares. Other altcoins had smaller inflows, including Polygon with $400,000 and Chainlink with $200,000. Meanwhile, Ethereum-based ETPs faced $86 million in outflows, marking the fourth consecutive week of investor pullback. Despite Ethereum’s losses, the digital asset market ended a five-week streak of net outflows, bringing in $644 million. Bitcoin led the recovery, attracting $724 million in inflows—its largest…

Bitcoin Could Hit $110,000 Before Dropping to $76,500 as Fed Policy Shifts, Says Arthur Hayes Bitcoin could surge to $110,000 before pulling back to $76,500, according to BitMEX co-founder Arthur Hayes. He attributes this potential rally to the Federal Reserve’s expected transition from quantitative tightening (QT) to quantitative easing (QE), which would inject liquidity into financial markets. Hayes shared his prediction on X, saying, “I bet $BTC hits $110K before it retests $76.5K. The Fed is going from QT to QE for treasuries.” Bitcoin recently closed above $86,000 on March 23 and climbed past $88,000 the next day. It gained…

AI is shaping the future, but is it truly designed for everyone? Frankie Woodhead, chief product & technology officer at AI-powered learning management system, Thrive, argues that neurodiverse input is not just beneficial but essential for creating inclusive, ethical and effective AI systems. In this Q&A, Woodhead explores how neurodivergent talent enhances AI development, helps combat bias, and drives innovation – offering insights on how businesses can foster a more inclusive tech industry. Why is it important to have neurodiverse input into AI development? Neurodiverse perspectives are absolutely critical for AI development, and it goes far beyond simply ticking a…

Generac , the home backup generator manufacturer, is poised to benefit from increasing weather disasters, deteriorating grid reliability and an aging population in the U.S., according to Bank of America. The bank initiated coverage of Generac on Monday with a $182 stock price target, implying potential 12-month upside of nearly 40% from Friday’s closing share price of $131.52. Severe weather disasters that result in damage of at least $1 billion now average 23 per year and have doubled since the 2010s, according to Bank of America. Key states exposed to severe weather including California, Florida and Texas remain underpenetrated by…

Brooklyn-based electric vehicle charging infrastructure startup Revel on Monday launched its first fast-charging station in San Francisco, kicking off its plans to expand across the Bay Area over the next year.  “For years, Revel has operated the largest, fastest, and most reliable fast-charging network in New York City,” Frank Reig, co-founder and CEO of Revel, said in a statement. “Now we’re bringing our model to the number one EV market in North America.” The Bay Area has some of the highest rates of EV ownership in the country. In 2024, more than 35% of new vehicle sales in San Francisco…

Bitcoin Faces Worst Q1 Drop Since 2020, But Analysts Predict Possible Rebound in Q2 Bitcoin is on course for its worst first-quarter close since 2020, with a decline of over 7%. Despite this, many analysts predict that the second quarter could bring a rebound for the cryptocurrency. Bitcoin hit an all-time high of $108,786 in January 2025, spurred by optimism following President Trump’s return to office. However, the market quickly turned negative after Trump’s economic tariffs led to a sharp drop in Bitcoin’s value, falling as low as $76,700 on some exchanges. Analysts believe that the volatility could subside soon,…

U.S. Treasury officials have lifted sanctions on Tornado Cash, a crypto mixer that the U.S. government previously said was used to launder $7 billion worth of crypto stolen by North Korean hackers. In a statement, the Treasury said it “exercised our discretion” to delist Tornado Cash following a legal battle. Sanctions make it illegal for Americans or U.S. businesses to transact with a listed entity. Crypto mixers allow customers to conceal where their crypto came from, including tainted or illicit funds, by blending the funds with other crypto.  In 2022, the Treasury accused the “notorious” Tornado Cash of laundering stolen…

Source: TradingView.com MicroStrategy shares jumped more than 10% on Monday, adding to recent gains following the stock’s recent correction. The software firm purchased an additional 6,911 bitcoins between March 17 and March 23, takings its holding to over 500,000 BTC, according to a regulatory filing. After initially finding buying interest at the 200-day moving average in recent weeks, the price closed above the 50-day MA on Monday, potentially setting the stage for a continuation of the stock’s longer-term trend higher. Investors should watch major overhead areas on MicroStrategy’s chart around $383, $543, and $870, while also monitoring key support levels…

Arcade, a generative AI marketplace for designing jewelry, is expanding its offerings to include home goods, starting with rugs. The company on Monday also introduced a new feature called “Match My Room,” which allows users to upload a photo of their room so their design complements the existing colors and style. Alongside this expansion, Arcade announced its $25 million Series A funding round, bringing the total amount raised to $42 million. Similar to Arcade’s jewelry design generator, the rug creation tool leverages Midjourney and Stable Diffusion. Users select the rug material and then enter a text prompt to describe the…