Cryptonews

During the last three months of 2025, Nvidia invested about $7.93 billion in Intel.

Currently, ETH is bouncing around at $2,015.97, a lovely 4.79% increase in just a week. Not bad for a coin that was seen crying in the corner just a few days ago.

The Ethereum Foundation, in its infinite wisdom, is launching an initiative so grand it could give the Tower of Babel a run for its money. They call it the “Defipunk” approach, as if anyone can fathom what that means. It promises to build a financial system that is “permissionless, private, secure, and fully open-source.” As if the world has been begging for an open-source financial system, like it’s the next great cure for the common cold. The goal? To enable anyone, anywhere, to save, borrow, hedge risk, or make payments-without the evil grip of banks and corporations. How very noble. I’m sure the big banks are shaking in their boots as we speak.

This means he’s betting the farm-or at least his millions-on the mighty Ethereum. A bold move, Reid, a bold move indeed. And by the way, did we mention he doesn’t just stop there? Oh no, he’s also flaunting a fancy CryptoPunk NFT, bought for a casual 150 ETH. Just imagine that: a little pixelated art for the price of a car… or a house. But who’s counting?

The fracas commenced when Mr. Qureshi, with a flourish of his quill, published an essay on X, entitled “How to Build a VC Firm,” wherein he recounted the ascent of Dragonfly from its humble beginnings to its current stature, managing a most impressive £4 billion in assets and launching a £650 million fourth fund. He speaks of lessons learned, of raising funds, and of cultivating an edge in the east-west crypto investing, all while competing with such luminaries as Polychain.

The remarkable, almost theatrical, double-digit recovery couldn’t have come at a better time, coinciding with a wider cryptocurrency market rebound. Total market capitalization rose by over 4%, and even Bitcoin managed to get off its proverbial backside during the same period. Bravo to all involved!

In a recent X post, CasiTrades revealed that the XRP chart now resembles a deflated soufflé, with key levels languishing below. She noted the price is gathering sell strength like a Victorian debutante collecting suitors-only to find them all fleeing at the first sign of trouble. The trendline, once a graceful partner, has morphed into a rather unflattering corset, constricting momentum toward supports. Alas, the B-wave low has been abandoned, leaving the coin to waltz with gravity.

Two newly created wallets on Polymarket appear to have made quick money betting “YES” on the market asking, “Will Axiom be accused of insider trading?” As ZackXBT just named Axiom Exchange in his investigation, the contract sits at 100¢ on Polymarket. Because nothing says “I’m a savvy investor” like betting on a company getting in trouble.

But don’t get excited! BTC is still trapped in a “structurally defensive consolidation,” oscillating between $60,000 and $69,000 like a nervous toddler on a trampoline. Glassnode experts, ever the optimists, say the market is “stabilizing” but not “recovering.” Because nothing says “recovery” like a 46% drop from the peak, which is basically a midlife crisis for your cryptocurrency.

Behold, dear reader, the daily spectacle of financial despair, where the CoinDesk 20 Index, with a sigh as heavy as a winter’s first frost, descended by 1.4% (-28.56) since 4 p.m. ET on Wednesday. The index now clings to the desolate figure of 1999.16, a number so pitiful it makes a beggar’s bowl seem lavish.