Market Update
-
Trump’s Bold Move: US Bitcoin Reserve Signals a New Era for Crypto
President Donald Trump has just signed an executive order that’s already making waves in the crypto space. On March 7, he unveiled plans to create a U.S. Bitcoin Strategic Reserve and Digital Asset Stockpile, marking the first serious move to integrate Bitcoin into the U.S. financial system. A Historic Shift for Bitcoin The order outlines…
-
Microsoft Invests Nearly $300M to Boost AI in South Africa
Microsoft is doubling down on artificial intelligence (AI) in South Africa, committing an additional 5.4 billion rand ($296.81 million) to expand AI infrastructure. Microsoft Vice Chair and President Brad Smith outlined on Thursday, the company’s vision to strengthen AI capabilities and digital skills in the region. As part of the investment, Microsoft will pay for…
-
U.S. to Announce Crypto Reserve, Bitcoin Takes Center Stage
The U.S. government will unveil a strategic crypto reserve on Friday, with Bitcoin at its core, according to Commerce Secretary Howard Lutnick. Other cryptocurrencies, including XRP, Solana, and Cardano, will also be included but treated differently, Lutnick told The Pavlovic Today. “A Bitcoin strategic reserve is something the President’s interested in,” Lutnick said. “He spoke…
-
Qualcomm CEO Claims New Modem Outperforms Apple’s First In-House Chip
Qualcomm CEO Cristiano Amon has drawn a bold line between the company’s latest modem and Apple’s first attempt at building its own. In an interview on Tuesday, Amon said Qualcomm’s new X85 modem creates a “huge delta” in performance compared to Apple’s C1, which was quietly introduced with the iPhone 16e last month. Qualcomm, a…
-
Grayscale Pushes for Hedera (HBAR) ETF After Growing Crypto ETF Race
Grayscale Investments filed with the U.S. Securities and Exchange Commission (SEC) to initiate an ETF for Hedera (HBAR) – another major move from Grayscale into the crypto investment markets. If this proposed investment pool passes approval, exchange trading enabling contracts will be live. The ETF will allow investors to get exposure to Hedera by simply…
-
Snowflake Surges 8% After Strong Earnings and AI Expansion
Snowflake (SNOW) shares experienced an increase of more than 8% on Thursday February 27, 2025, following the reported strong fourth quarter earnings,exceeding Wall Street expectations In light of this new information the company also announced a major Ai push, including an expanded partnership with Microsoft Azure to merge OpenAI models into its platform Earnings Beat…
-
Stablecoin Bank Infini Suffers $49.5 Million Hack Days After Bybit Attack
Stablecoin bank Infini has fallen victim to a major security breach, losing $49.5 million worth of crypto, linked to insider access that occurred a few days after Bybit suffered a $1.46 billion hack, followed by a mass withdrawal of $6.7 billion. Insider Exploit of Infini Drains Funds Blockchain security firm Beosin Alert confirmed that an…
-
Circle Mints Another 250M USDC—Total Hits $8B in 2025
Circle has minted an additional 250 million USDC on Solana, it will in turn increase its current total issuance of 2025 by a staggering sum of 8 billion USDC as demand for regulated stablecoins continues to rise. On-chain analytics firm Spot On Chain announced the latest mint in a February 24 tweet post, revealing to…