Fusemachines Inc. announced a $2.5 million convertible note investment from existing investor Meteora Capital, with fixed $4.20 conversion and warrant exercise prices. Combined with 2.05 million warrants, the total potential capital raise could reach $10.66 million. This funding will accelerate development and commercialization of Fusemachines' Agentic AI platform, expand enterprise deployments, and support long-term growth strategies. The investment reflects strong confidence in Fusemachines' vision to transform enterprise workflows with AI.
Turkey's lira has fallen to a record low near 48.8 per dollar, pushing bitcoin's price to about 3.95 million lira. Despite a high central bank rate of 37%, inflation remains above 31%, eroding real returns for savers. Turkish households increasingly ...
Tether minted $500 million worth of USDT on the Solana blockchain in less than 60 minutes, adding to Solana's existing $3.8-$4 billion USDT supply. This surge, alongside a simultaneous $250 million USDC mint by Circle on Solana, indicates strong dema...
Despite Federal Reserve rate hikes, a 5% yield on 10-year Treasury bonds, and rising gas prices, the S&P 500 declined only 0.1% over the week, showing market resilience. This stability is largely due to strong performance in Nasdaq and the Mag 7 tech...
Cryptocurrency prices exhibit varied changes, with Bitcoin at $81,700 and Ethereum at $2,644. Notable increases include AVAX up 17.94%, ENA surging 21.74%, and AR rising 41.84%. These movements highlight ongoing volatility and selective investor inte...
Bitcoin surged 6% to reclaim $80,000 amid falling crude oil prices, easing inflation fears and boosting markets. Fidelity's Jurrien Timmer sees this as the end of Bitcoin's one-year 'winter' and the start of a new bull market cycle, supported by posi...
