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AiCryptoNewsCom

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⚡️NEW: Hong Kong advances licensed stablecoins with launch of AI-powered anti-fraud platform
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⚡️NEW: Ethereum Foundation extends ETH sell-off streak as Bitmine keeps buying the dip
ETH0.26%
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🔥 The US Defense Department has signed deals with Google, Microsoft, AWS, Nvidia, OpenAI, Reflection, and SpaceX to deploy AI in classified military systems
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JUST IN: GameStop is preparing an offer to buy eBay, per report.
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JUST IN: European crypto asset manager CoinShares records $7.4 billion AUM in first annual filing since Nasdaq listing.
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OPINION: JPMorgan says rising stablecoin use may not lead to similar market cap growth.
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OPINION: A16z backs CFTC, says state-by-state rules on prediction markets create 'barrier to impartial access.
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JUST IN: Polymarket and Kalshi's combined lifetime volumes hit $150 billion in April.
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JUST IN: Tether has purchased 63 additional Bitcoin since its Q1 attestation and now holds 97,204 BTC.
BTC0.27%
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JUST IN: Brazil central bank prohibits crypto use in regulated cross-border payments under new FX rules.
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JUST IN: Ethereum Foundation had sold off 10,000 ETH worth $23,000,000, per report.
ETH0.26%
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JUST IN: 📊 Nvidia, Microsoft and Amazon sign AI deal with Pentagon
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The same signal that triggered the 2017 bull run is here.
ISM PMI came in at 52.7 today, crossing back above 51 for the 4th consecutive month.
The last two times this happened were January 2017 and September 2020. Both preceded multi month altcoin rallies of historic scale.
ISM is a US manufacturing data point that measures economic expansion. When ISM crosses 51, it signals that the broader economy is expanding, liquidity conditions are improving, and risk appetite is returning.
Historically that environment pushes money into higher beta assets and altcoins are the highest beta asset class o
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🔥 LATEST: Pentagon completes agreements with OpenAI, Google, SpaceX, Microsoft, Amazon, Nvidia, and Reflection AI to deploy AI models in classified systems.
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JUST IN: 🇺🇸 US government says it is up $40,000,000,000 on its 10% ownership stake in Intel $INTC.
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JUST IN: Tether emerges as 17th largest U.S. treasury holder following $1.04B profit, per report.
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JUST IN: MoonPay launches Debit Mastercard that lets AI agents pay with stablecoin, according to report.
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JUST IN: WisdomTree’s crypto ETPs reports net inflows of $137 million in Q1.
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JUST IN: Exodus reports $22.7 million in Q1 revenue.
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