Author: GT

(Bloomberg) — US Bitcoin exchange-traded funds recorded their longest run of weekly net outflows since listing in January last year as US President Donald Trump’s tariffs drove a wider retreat from riskier assets. Most Read from Bloomberg Investors pulled over $5.5 billion in total from the group of 12 ETFs over the past five weeks, data compiled by Bloomberg show. The record outflows started shortly after Trump returned to the White House, underscoring how even crypto investors have focused more on the trade war he ignited than on his crypto-friendly policies like creating a digital-asset stockpile. “Bitcoin and crypto overall…

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For someone who wants solar panels, the question is often: “How many?” And for a heat pump, it’s “how big?” Answering those questions typically requires a contractor to set foot on your property.  Yet over the last decade, solar installers have trimmed that time-consuming process considerably. Some, like Tesla, have eliminated it entirely. The secret is software — which, when coupled with a range of data sources, allows installers to model exactly how many panels a house will need.  Like many other solar installers, Palmetto has its own internal tool to assess potential projects, which is built on software it…

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Graphic: Justin Sullivan (Getty Images) Even with friends in high places, crypto’s instability is showing as investors respond to President Donald Trump’s trade war and reports of deal talks between Binance U.S. and the Trump family. Amidst the market chaos tariffs have wrought, here are some cryptocurrencies to watch this week. Illustration: Michael M. Santiago (Getty Images) Binance’s crytocurrency BNB popped after two reports that the Trump family was in talks to snap up a stake in the Binance U.S. exchange (which pleaded guilty to enabling money laundering in 2023). The reported talks apparently touched on the idea of the…

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U.S. President Donald Trump looks on as military strikes are launched against Yemen’s Iran-aligned Houthis over the group’s attacks against Red Sea shipping, at an unspecified location in this handout image released March 15, 2025.White House | Via ReutersOil prices rose on Monday after President Donald Trump said the U.S. would hold Iran responsible for any future attack by the Houthis, a militant group in Yemen that has repeatedly launched strikes on commercial shipping.U.S. crude oil futures rose 40 cents, or 0.6%, to $67.58 per barrel. Global benchmark Brent traded 44 cents, or 0.62%, higher at $71.02 per barrel.”Every shot…

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TechCrunch All Stage (formerly Early Stage) returns to Boston on July 15, and the agenda for our tentpole East Coast founder event is almost complete. We’re excited to share this sneak peek at some of the fantastic speakers and sessions we have on tap.  For builders who are just starting on their founder journey, our Foundation Stage is absolutely the place to be. We’re enlisting a stellar cast of leading investors and entrepreneurs to dig deep into founder-focused topics such as: All the Ways You Don’t Realize VCs Are Evaluating Your Company at Pre-Seed. MVP in the Age of AI: When…

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Bitcoin’s (BTC) ongoing price pullback could accelerate below $80K, as on-chain analysis by Glassnode indicates that the $10K price range beneath this level was marked by weak economic activity late last year. BTC prices quickly rose from $70K to above $80K in early November after pro crypto Donald Trump won the U.S. Presidential election. As a result, very little BTC changed hands between those levels, leaving a so-called “supply gap,” as evident from Glassnode’s UTXO Realized Price Distribution (URPD) chart. This metric tracks the price points at which existing bitcoin UTXOs were last moved. Each bar represents the volume of…

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Google DeepMind co-founder and Chief Executive Officer Demis Hassabis speaks during the Mobile World Congress, the telecom industry’s biggest annual gathering, in Barcelona, Spain, Feb. 26, 2024.Pau Barrena | Afp | Getty ImagesLONDON — Artificial intelligence that can match humans at any task is still some way off — but it’s only a matter of time before it becomes a reality, according to the CEO of Google DeepMind.Speaking at a briefing in DeepMind’s London offices on Monday, Demis Hassabis said that he thinks artificial general intelligence (AGI) — which is as smart or smarter than humans — will start to…

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It’s only been around six months since Snap released the fifth generation of Spectacles, its AR glasses for developers, and the company is already enhancing its latest pair with new Lenses and platform features. Snap announced on Monday that it’s launching the ability to create Spectacles-focused Lenses that tap GPS, new hand-tracking capabilities, and more. Now, developers can build Lenses using GPS, GNSS (Global Navigation Satellite System), compass heading, and custom locations, allowing them to access geo-location data and create things like AR walking courses.  The update is primarily aimed at improving location-based experiences on Spectacles. Snap showcased a few examples…

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(Bloomberg) — Digital-asset exchange OKX has suspended a service used by hackers to launder proceeds from a $1.5 billion heist on trading platform Bybit, after drawing scrutiny from European watchdogs. Most Read from Bloomberg “After consulting with regulators, we made the proactive decision to temporarily suspend our DEX aggregator services,” OKX said in a statement on Monday. “This move allows us to implement additional upgrades to prevent further misuse.” The move comes after a Bloomberg News report said regulators had zeroed in on the use of OKX’s Web3 service by Bybit hackers — which authorities have linked to North Korea…

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(Bloomberg) — Michael Saylor’s Strategy said it bought $10.7 million of Bitcoin, a week after unveiling plans to issue up to $21 billion of preferred stock to acquire more of the cryptocurrency. Most Read from Bloomberg The enterprise software company turned leveraged Bitcoin proxy controlled by co-founder and chairman Saylor has been buying Bitcoin on a frequent basis since late October. The former MicroStrategy purchased 130 Bitcoin at an average price of approximately $82,981 from March 10 through March 16, according to a filing with the US Securities and Exchange Commission on Monday. It now hold about $41.6 billion of…

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