Softbank has liquidated its entire stake in Nvidia as founder Masayoshi Son pivots toward building his own AI empire, signaling a major strategic shift in the artificial intelligence landscape. Meanwhile, concerning signals from cloud provider CoreWeave are raising fresh doubts about tech sector stability and lofty valuations, creating a negative sentiment across markets. The political backdrop adds another layer of uncertainty as the House prepares for a crucial vote following Senate approval of temporary funding to avert a government shutdown, while venture capitalist Tim Draper’s launch of a digital twin highlights the evolving intersection of technology and personal branding.
about Softbank Exits Nvidia, AI Outlook Shakes Tech SectorTim Draper
0 posts last weekSenator Lummis: Bitcoin Solves US National Debt Crisis
Senator Cynthia Lummis has declared Bitcoin as the only viable solution to America’s escalating national debt crisis, advocating for strategic BTC reserves as core US fiscal strategy. Her bold stance emerges alongside significant institutional developments and a major market leverage reset that analysts say creates a healthier foundation for Bitcoin’s next move higher, positioning the cryptocurrency at the center of Washington’s fiscal policy debates.
about Senator Lummis: Bitcoin Solves US National Debt CrisisRyder Raises $3.2M Seed Round Led by Tim Draper for Crypto Wallet
Singapore-based crypto hardware wallet company Ryder has successfully closed a $3.2 million seed funding round led by legendary investor Tim Draper of Draper Associates. The investment, which includes participation from prominent venture capital firms and angel investors like Solana co-founder Anatoly Yakovenko, will accelerate production of Ryder One – a hardware wallet that enables secure crypto setup in under 60 seconds. This funding signals strong market confidence in Ryder’s mission to make self-custody accessible to mainstream users while eliminating the security vulnerabilities of traditional seed phrases.
about Ryder Raises $3.2M Seed Round Led by Tim Draper for Crypto WalletEA’s $55B Buyout, Gold Hits Record, Citi Succession Plan
Electronic Arts has agreed to the largest leveraged buyout in history at $55 billion, while gold prices surge to new records amid political uncertainty. Meanwhile, Citigroup’s banking chief Vis Raghavan emerges as a potential successor to CEO Jane Fraser, creating a pivotal moment across multiple financial sectors as investors navigate both corporate transformations and macroeconomic headwinds.
about EA's $55B Buyout, Gold Hits Record, Citi Succession PlanBitcoin’s $200K Dream Fades as 2025 Deadline Nears
With fewer than 100 days remaining in 2025, Bitcoin’s path to $200,000 appears increasingly uncertain as the cryptocurrency trades 12% below its August peak. Analysts are scaling back ambitious year-end forecasts amid growing macroeconomic headwinds and shifting market sentiment. The once-confident predictions from major institutions now face reality checks as technical indicators and expert consensus point to more conservative targets.
about Bitcoin's $200K Dream Fades as 2025 Deadline NearsWall Street Closing Bell Analysis with Top Financial Experts
As Wall Street approaches the critical closing bell moment, Bloomberg Television assembles an elite panel of financial experts from eight major institutions to dissect market movements in real-time. Today’s broadcast features senior analysts from BlackRock, Morgan Stanley, and Wells Fargo Securities alongside specialists from Coach Brand, Hennion & Walsh Asset Management, New Street Research, EMarketer, and Draper Associates, providing comprehensive coverage of the day’s trading activity and strategic insights for investors navigating the final minutes of market action.
about Wall Street Closing Bell Analysis with Top Financial ExpertsBitcoin’s Technical Dip: Will Q4 Bring a $200K Rally?
Bitcoin is currently in a technical correction phase, down 7% from its recent all-time high of $123,400, trading around $114,000. The decline is driven by macroeconomic factors like inflation, bearish technical signals, and liquidations. Despite the pullback, analysts remain optimistic about Q4, historically a strong period for Bitcoin. CryptoQuant suggests the market is still in a price discovery cycle, potentially pushing BTC toward $200,000 by late 2025. On-chain data reveals large stablecoin reserves, indicating sidelined capital that could re-enter the market, boosting Bitcoin and altcoins. Institutional interest, ETF inflows, and regulatory clarity (such as the MiCA framework) are seen as key catalysts. Analysts like Tom Lee and Tim Draper predict Bitcoin could reach $250K by year-end, with even bolder forecasts suggesting $1 million by 2025. Glassnode notes steady accumulation in the $109K-$116K range, signaling long-term investor confidence.
about Bitcoin's Technical Dip: Will Q4 Bring a $200K Rally?Bitcoin’s Year-End Rally: From $115K to $150K?
Bitcoin experienced a pullback in July, correcting to around $113K after reaching highs above $123K earlier in the month. Despite this, market watchers remain bullish, with predictions ranging from $150K to an audacious $1 million by year-end. Analysts cite potential catalysts such as expected Federal Reserve rate cuts, regulatory clarity from the SEC and CFTC, and the full implementation of Europe’s MiCA framework. On-chain metrics show hashrate is projected to hit 1.2 ZH/s, with mining difficulty rising to 140T, driven by next-gen ASICs and expansion into energy-advantaged regions. However, rising costs and competition may squeeze less efficient miners. Institutional interest in Hashrate-as-a-Service (HaaS) is growing, offering lower-risk exposure to mining. Prominent figures like Tom Lee and Tim Draper maintain ultra-bullish outlooks, with some predicting $250K or even $1 million by 2025’s end.
about Bitcoin's Year-End Rally: From $115K to $150K?Midl Raises $2.4M to Bring Smart Contracts to Bitcoin
Midl, a Bitcoin-native smart contract infrastructure, has successfully closed a $2.4 million seed round led by Draper Associates and Draper Dragon. The funding aims to expand Bitcoin’s financial ecosystem by enabling decentralized applications (dApps) to run natively on the network, bypassing sidechains or Layer 2 solutions. Midl introduces a native execution environment for Bitcoin, supporting token standards and improving scalability. The platform is currently in testnet, with multiple DeFi protocols already deploying. This development marks a significant step in BTCFi, attracting institutional investors and expanding Bitcoin’s utility beyond a store of value. Midl’s mainnet launch is expected soon, with retail-facing initiatives to drive adoption and liquidity.
about Midl Raises $2.4M to Bring Smart Contracts to BitcoinBitcoin to Rise as US Dollar Declines, Says VC Tim Draper
Tim Draper, founding partner of Draper Associates, forecasts that the US dollar’s diminishing purchasing power and fiat inflation will accelerate Bitcoin adoption. He believes macroeconomic factors, including distrust in traditional banking and geopolitical tensions, will overshadow Bitcoin’s halving cycle effects. Draper envisions the dollar becoming obsolete within 10-20 years, positioning Bitcoin as a critical ‘escape valve’ in a shifting financial landscape. His insights highlight Bitcoin’s growing role as a hedge against systemic risks in traditional finance.
about Bitcoin to Rise as US Dollar Declines, Says VC Tim DraperAltcoins Set for Robust Summer Amid Geopolitical Tensions
Market analyst VirtualBacon highlights a potential surge in altcoin activity this summer, driven by AI-focused Layer-1 projects like Sahara Labs and Sentient AGI, as well as high-risk, high-reward AI memecoins such as IRIS. Stablecoins are gaining macroeconomic importance, with Tether now a top US Treasuries holder, and projects like USD1 by World Liberty Financial poised for major DeFi impact. Liquidity is shifting to platforms like BlackholeDex and Saros DLMM, while Ethereum consolidates above $2,500 after recent volatility.
about Altcoins Set for Robust Summer Amid Geopolitical TensionsTim Draper Predicts Bitcoin at $250K by 2025
Silicon Valley investor Tim Draper has doubled down on his 2018 prediction that Bitcoin will reach $250,000, now targeting the end of 2025. Despite missing his initial 2022 forecast due to market downturns, Draper remains confident, pointing to political moves like Trump-backed Bitcoin ETFs and regulatory progress such as the GENIUS Act. He also highlights institutional adoption by firms like JP Morgan and technological advancements like Layer 2 solutions as key drivers. Draper even speculates that Bitcoin could render the US dollar obsolete in a decade, emphasizing its growing role as a store of value akin to gold.
about Tim Draper Predicts Bitcoin at $250K by 2025