A Swedish Member of Parliament, Dennis Dioukarev, has formally requested that the government evaluate the establishment of a national strategic Bitcoin reserve. This inquiry, directed to the Finance Minister, reflects a growing interest in integrating Bitcoin into Sweden's national reserves. Dioukarev's proposal comes amidst discussions in Sweden's Parliament about halting the sale of confiscated Bitcoin assets and instead accumulating them as part of the country's financial strategy. The move is seen as part of a broader trend of national interest in Bitcoin, especially as other countries, including the United States under the Trump administration, explore similar policies. The Finance Minister is expected to respond to this request soon. This is an AI-generated article powered by DeepNewz, curated by The Defiant. For more information, including article sources, visit DeepNewz . To continue reading this as well as other DeFi and Web3 news, visit us at thedefiant.io
Nubit has officially launched its Bitcoin Thunderbolt on the mainnet, which reportedly enhances Bitcoin transaction speeds by up to 249 times, achieving transaction times of just 2.897 seconds. The technology utilizes UTXO bundling and OP_CAT to facilitate this speed increase, making Bitcoin transactions more efficient. Access to the mainnet currently requires an invitation code, which will be distributed to active contributors and community users. The launch has garnered attention, including a report from HSBC, highlighting its potential impact on Bitcoin's usability. Users will also need to complete KYC verification to utilize the bridge from Thunderbolt to the Bitcoin mainnet, which allows for sending and receiving BTC with the same address. This is an AI-generated article powered by DeepNewz, curated by The Defiant. For more information, including article sources, visit DeepNewz . To continue reading this as well as other DeFi and Web3 news, visit us at thedefiant.io
CleanSpark, Inc. has expanded its capital strategy by securing a $200 million Bitcoin-backed credit facility from Coinbase Prime. This move marks a shift from a pure holding strategy to a more strategic selling approach, allowing the company to sell part of its monthly Bitcoin production to self-fund operations rather than diluting equity. CleanSpark currently holds over 12,000 BTC, valued at approximately $1 billion, on its balance sheet. The company aims to leverage this credit facility to enhance its operations and implement an institutional-grade Bitcoin treasury desk. This is an AI-generated article powered by DeepNewz, curated by The Defiant. For more information, including article sources, visit DeepNewz . To continue reading this as well as other DeFi and Web3 news, visit us at thedefiant.io
Semler Scientific has announced plans to raise $500 million to acquire additional Bitcoin. The company's CEO expressed excitement over the settlement that has enabled this financial move, indicating a substantial buy-in is forthcoming. The filing has been made with the Securities and Exchange Commission (SEC), signaling Semler's commitment to expanding its cryptocurrency holdings. This initiative reflects a growing trend among publicly traded companies to invest in Bitcoin as part of their asset strategy. This is an AI-generated article powered by DeepNewz, curated by The Defiant. For more information, including article sources, visit DeepNewz . To continue reading this as well as other DeFi and Web3 news, visit us at thedefiant.io
The NASDAQ-listed Japanese beauty and cosmetic surgery clinic operator SBC Medical Group Holdings has completed a Bitcoin (BTC) purchase worth over $418,000. In an official SBC notice , the firm confirmed it had bought BTC 5 on April 14. The company first announced plans to buy 1 billion yen (over $7 million) worth of Bitcoin in mid-February this year. SBC Bitcoin Buy: More to Follow The firm said that it would conduct at least part of its business on the United States-based crypto exchange Coinbase. Share prices of SBC Medical Group Holdings (SBC) on the NASDAQ exchange over the past month. (Source: Google Finance) The California-based SBC is the operator of the Japanese Shonan Beauty Clinic chain of dental, cosmetic surgery, and dermatology centers. It debuted on the NASDAQ exchange in September 2024, and is currently looking to expand into the North American and Southeast Asian markets. The firm has previously explained that it will incorporate “cryptocurrencies” into its “flexible financial strategy.” SBC has also claimed that it is “strictly adhering” to “principles” of “asset diversification.” The operator added that it will “gradually” wrap up the rest of its BTC purchases by the end of May this year. It wrote: “We will flexibly and swiftly respond to changes in the macroeconomic situation and aim to improve [our] long-term corporate value.” Inside a branch of Shonan Beauty Clinic. (Source: Shonan Beauty Clinic/Facebook) Inflation-beating Bitcoin Buy? The company has gone on record as stating that it thinks Bitcoin can “contribute to maintaining asset value” during “times of inflation.” SBC also suggested that it could seek to use its BTC reserves as a source of liquidity at a future date. It concluded that it would keep the public “updated” on its BTC buying “progress” through posts on its official website. The Bank of Japan will probably leave aside raising interest rates for now as uncertainties stemming from U.S. tariff measures could deal a blow to Japan’s economy, a former executive director said. https://t.co/y4r4cIgSn4 — The Japan Times (@japantimes) April 15, 2025 Other stock market-listed Japanese firms have made very similar statements this year while unveiling details of their own BTC purchases. The operator founded the first Shonan Beauty Clinic branch in Fujisawa City, Kanagawa Prefecture, Japan, in 2000. The company now claims to operate 251 clinics, most of which are located in Japan. The fast-growing list of Japanese companies who have made BTC purchases with their balance sheets this year includes Metaplanet , as well as the real estate player Value Creation and the gaming firm Gumi. The post NASDAQ-listed Japanese Beauty Clinic Operator SBC Completes $418k Bitcoin Purchase appeared first on Cryptonews .
Vivago’s little-known AI model beats Stable Diffusion, ranks just behind ChatGPT and ByteDance’s Mogao in blind tests. So, how did it do?
OM’s latest crash has caused serious panic and fear among retail traders and investors following over 90% drop in a week. This sudden liquidation has put the asset in a bearish condition, plunging under $1. After reestablishing support above the $5.6 level to form a new bullish pattern last week, OM bounced back and increased well. The buying was short-lived under $7 due to a rejection, and the price dropped briefly into a calm phase for days. Unfortunately, that week ended in pain following a sudden massive crash below $1 within an hour, sparking roughly 100% loss in a single day. According to JP Mullin, the co-founder and the CEO of Mantra protocol, the crash came as a result of “forced closures of positions”, citing timing and depth of the crash came as a result of insufficient warning or notice. While this scenario looks similar to that of the Luna and FTT collapse saga in 2021, history might be repeating itself with a similar pattern, as this could be an indication of a full-scale crypto bearish season as few altcoins might follow the trend in the next few days. Additionally, being one of the first tokens to kickstart bull run, with over 50x increase in a year, OM is among the best-performed altcoins with massive returns on investment during the bull cycle. But considering the latest crash to a year low, the bulls are trapped in a big loss, and from a technical standpoint, they may not recover from it. OM’s Key Levels to Watch Source: Tradingview Now that the bears are technically in control, reclaiming $0.465 and the recent yearly $0.37 low would be their next target. Breaking it could plunge the price to $0.2 and $0.1 in the near term. In case of a major recovery, the key level to keep in mind for a retest is $1. Right above this resistance lies the $2 and $3 levels. Key Resistance Levels: $1, $2, $3 Key Support Levels: $0.465, $0.37, $0.2 Spot Price: $0.86 Trend: Bearish Volatility: High Disclosure: This is not trading or investment advice. Always do your research before buying any cryptocurrency or investing in any services. Follow us on Twitter @nulltxnews to stay updated with the latest Crypto, NFT, AI, Cybersecurity, Distributed Computing, and Metaverse news !
Exciting news for crypto and tech enthusiasts! Google is making waves in the AI video arena, directly challenging OpenAI’s Sora with the integration of its Veo 2 video generation model into Gemini Advanced. As the battle for AI dominance intensifies, this move signals a significant leap forward in accessible and powerful AI video technology. What does this mean for content creators, digital artists, and the future of online media? Let’s dive into the details of this groundbreaking development. Unveiling Veo 2: Google’s Powerful Leap in Video Generation Google’s Veo 2 is not just another AI model; it’s a sophisticated tool designed to create high-quality video content directly from text prompts. This positions Google as a major contender in the rapidly evolving landscape of video generation , directly challenging competitors like OpenAI’s Sora and Runway. The timing is crucial, especially as Runway recently launched its Gen-4 model and secured substantial funding, indicating a fierce race to innovate and capture market share in synthetic media. Here’s a quick rundown of what makes Veo 2 stand out: Accessibility: Veo 2 is now available to users subscribed to Gemini Advanced, Google’s premium AI plan, making advanced video generation technology more accessible to a wider audience. Resolution and Format: Users can generate eight-second video clips at a crisp 720p resolution with a 16:9 aspect ratio, suitable for various online platforms. Sharing and Download: Seamless sharing to platforms like TikTok and YouTube via Gemini’s share button and MP4 download options enhance usability for content creators. Watermarking: Videos are watermarked using Google’s SynthID tech, addressing crucial concerns around authenticity and provenance in AI-generated content. While currently limited to personal Google accounts (business and education plans are not yet supported) and with monthly video creation caps, the integration of Veo 2 into Gemini Advanced marks a significant step towards democratizing advanced AI video creation. Gemini Advanced Now Powered by Veo 2: A Deep Dive For those already leveraging the power of Gemini Advanced , accessing Veo 2 is straightforward. Starting this Tuesday, subscribers can simply select Veo 2 from the model dropdown menu within Google’s Gemini apps. This seamless integration means users can transition effortlessly between text-based AI interactions and video generation , all within the same platform. Imagine the possibilities for content creators, marketers, and educators – generating engaging video content directly from their AI workspace! Key Features of Veo 2 on Gemini Advanced: Feature Details Video Length 8 seconds Resolution 720p Aspect Ratio 16:9 Output Format MP4 Watermarking Google SynthID Access Gemini Advanced subscribers Sharing Direct share to platforms via Gemini app Furthermore, Google is pushing the boundaries by integrating Veo 2 with Whisk, an experimental feature in Google Labs. Whisk allows users to use images as prompts within Gemini to generate new visuals. The exciting addition of “Whisk Animate” takes this a step further, enabling users to transform their generated images into eight-second Veo 2 videos. This image-to-video capability opens up even more creative avenues and highlights Google’s commitment to pushing the boundaries of AI video technology. Veo 2 vs. Sora and Runway: Competition Heats Up in Video Generation The arrival of Veo 2 on Gemini Advanced intensifies the competition in the video generation space. While OpenAI’s Sora has garnered significant attention for its impressive capabilities, and Runway is a well-established player with its Gen-series models, Google’s entry with Veo 2 is a powerful statement. Let’s briefly compare these key players: Sora (OpenAI): Known for its highly realistic and cinematic video outputs, Sora is still in limited access and not yet widely available to the public. Its capabilities are impressive, but accessibility remains a question. Runway Gen-4: Runway has been a pioneer in AI video tools, offering a range of features and a more accessible platform. Gen-4 represents their latest advancement, focusing on enhanced realism and control. Veo 2 (Google): With its integration into Gemini Advanced, Veo 2 prioritizes accessibility and user-friendliness. While initial outputs might be considered “basic” compared to Sora’s cinematic quality, Veo 2’s strength lies in its immediate availability and integration within the Google ecosystem. The competition is beneficial for users, driving innovation and pushing the boundaries of what’s possible with AI video . Each platform offers unique strengths, and the choice will likely depend on user needs, technical expertise, and desired output quality. The Power and Limitations of Veo 2’s Video Generation Capabilities Currently, Veo 2 offers a taste of the potential of AI video generation . While the eight-second video limit and 720p resolution might seem restrictive to some, it’s important to remember this is an initial offering. Google DeepMind CEO Demis Hassabis has hinted at future integrations between Gemini AI models and Veo, aiming to enhance Gemini’s “understanding of the physical world.” This suggests that Veo 2 is just the first step in a more ambitious roadmap for Google’s AI video capabilities. Current Limitations of Veo 2: Video Length: Limited to 8-second clips. Resolution: 720p resolution may not be sufficient for all professional applications. Access Restrictions: Currently limited to Gemini Advanced subscribers and personal accounts. Monthly Limits: Users are subject to monthly video creation limits. Despite these limitations, Veo 2 provides a powerful entry point into AI video generation for Gemini Advanced users. The ease of use, direct integration, and sharing capabilities make it a valuable tool for experimenting with and understanding the potential of this technology. Ethical Implications and the Future of AI Video Generation The rise of AI video generation technologies like Veo 2 also brings forth important ethical considerations and potential disruptions to creative industries. Concerns about job displacement, misinformation, and the authenticity of digital content are increasingly relevant. A recent study by the Animation Guild highlights these worries, estimating that over 100,000 jobs in the US film, television, and animation sectors could be disrupted by AI by 2026. These concerns are valid and warrant careful consideration as AI video technology evolves. Watermarking technologies like Google’s SynthID are a step in the right direction to address authenticity, but broader discussions around ethical guidelines, responsible use, and workforce adaptation are crucial to navigate the impact of AI video generation on society and the creative economy. Key Ethical and Future Considerations: Job Displacement: Impact on creative professions and the need for workforce adaptation. Misinformation: Potential for misuse in creating fake or misleading video content. Authenticity: Ensuring the provenance and authenticity of AI-generated videos. Ethical Guidelines: Developing industry standards and ethical frameworks for AI video generation . Future Enhancements: Continued development towards higher resolution, longer videos, and more sophisticated creative controls. Google AI ’s move to bring Veo 2 to Gemini Advanced is a significant milestone in the evolution of video generation . While still in its early stages, Veo 2 offers a glimpse into a future where creating compelling video content becomes more accessible and democratized. As competition intensifies and technology advances, the world of AI video is poised for rapid transformation, presenting both exciting opportunities and critical challenges for creators, industries, and society as a whole. To learn more about the latest AI video trends, explore our article on key developments shaping AI features and institutional adoption.
Metaplanet increases its Bitcoin holdings through strategic acquisitions. The company plans to expand its digital asset portfolio significantly by 2026. Continue Reading: Metaplanet Bolsters Its Bitcoin Portfolio, Eyeing Future Growth The post Metaplanet Bolsters Its Bitcoin Portfolio, Eyeing Future Growth appeared first on COINTURK NEWS .
Amidst turbulent market conditions, Bitcoin miners are increasingly liquidating their assets to maintain operational viability, according to CryptoQuant. As the price declines and mining difficulty escalates, firms are compelled to