GetYourGuide Raises $194M at $2B Valuation, Plans Investment in AI

According to GetYourGuide, the funds raised will be used to invest in AI including the integration of Large Language Models (LLMs) into its platform. German online travel experience service provider GetYourGuide has announced it has raised the sum of $194 million from both new and old investors as it looks to double down on growing … Read more

Blackrock CEO Says US ‘Debt Ceiling Drama’ Is Bad for Dollar, Bitcoin May Benefit

Laurence Fink described the debt ceiling deliberations as bad for the dollar as the Blackrock CEO predicts further interest rate hikes. The CEO of investment management company Blackrock is not excited about the ongoing attempt to raise the US debt ceiling. CEO Laurence Fink recently spoke about the “drama” surrounding the debt ceiling increase while … Read more

Crypto Exchange Gemini Seeks Operational License in UAE After European Expansion

Gemini is looking to expand its business offerings across the UAE as regulators begin to accept applications for VASP licensing. Leading cryptocurrency exchange Gemini has announced its plans to secure a license in the United Arab Emirates (UAE) to tap into the surging interest in digital assets in the region. The move aligns with the … Read more

Tether (USDT) Hit New Market Cap ATH as Adoption Grows

USDT has become the most traded stablecoin, especially after the de-pegging of Circle’s USD Coin (USDC) earlier this year.  United States-dollar-backed stablecoin Tether (USDT) has hit an all-time high in its market capitalization based on existing market data. The new milestone has helped Tether exceed its previously set all-time high of $83.2 billion which was … Read more

First Digital Group Launches FDUSD Stablecoin amid Hong Kong’s Regulation Move

FDUSD will not be used in Hong Kong until its stablecoin regulations are fully in place. First Digital Group announced the introduction of its USD stablecoin FDUSD. The company, which has its headquarters in Hong Kong, is launching the stablecoin on the Ethereum and BNB blockchains. Having a coin on multiple blockchains can facilitate better … Read more