Crypto

Donald Trump Jr.-linked investment firm 1789 Capital is set to lead a massive $1 billion funding round for blockchain prediction market Polymarket, valuing the platform at $21 billion.

Bitcoin exchange-traded funds (ETFs) have resumed purchasing activity, marking a renewed wave of institutional interest in the cryptocurrency market.

Bitcoin held steady above $78,400 on Tuesday, showing resilience as major cryptocurrencies and Asian equity markets slipped due to hawkish Federal Reserve expectations.

Hong Kong-listed company Paradigm Intelligence has recently reached a compute procurement deal with Huawei valued at over 1 billion yuan, planning to purchase a large quantity of Huawei Ascend 950 chips to support the deployment of artificial intelligence large models in key industries such as finance and manufacturing.

Bitcoin showed remarkable resilience on Friday, trading near $77,580 and barely reacting as the United States conducted a military strike against Iran in the Strait of Hormuz.