Solstice and TensorX have partnered to create a $1 billion financing facility aimed at expanding AI hardware and data center capacity across Europe. This initiative addresses the growing demand for sovereign AI compute resources hosted locally, ensuring data privacy and control within the EU. Solstice will manage the financing using its onchain lending platform, while TensorX will deploy AI infrastructure with NVIDIA GPUs. Additionally, Solstice will introduce aiUSX, a yield-bearing asset to help companies manage AI spending while keeping funds liquid. This move supports Europe's goal of building independent AI capabilities and broadens access to infrastructure funding beyond traditional institutional investors.
Bitcoin dropped to around $58,200, its lowest level this year, following US inflation data revealing the Federal Reserve’s preferred inflation gauge, the Personal Consumption Expenditures price index, rose to its highest in over three years at 4.1% y...
On June 23, U.S.-listed XRP spot ETFs saw a $2.05 million net inflow, led by Grayscale’s GXRP, while most other major altcoin spot ETFs recorded flat flows, indicating cautious investor demand. XRP ETFs remain a significant altcoin segment with $1.46...
Solana's price steadied around $68 despite an 18.7% monthly drop, driven by a 45.6% surge in trading volume and renewed ecosystem developments like tokenized assets and the upcoming Alpenglow upgrade. The upgrade aims to reduce transaction finality t...
Solana (SOL) has stabilized above the critical $60 support level, currently trading around $69, but remains below key moving averages indicating resistance near $74. Market indicators show bearish sentiment, with the long-to-short ratio below 1 and n...
Bitcoin and USD Coin experienced significant net outflows totaling around $760 million combined, while Tether (USDT) recorded notable inflows, indicating a rotation of liquidity rather than a full market exit. This shift reflects traders repositionin...
