While institutional investors announced reserve plans for Bitcoin, Ethereum and XRP one by one, a surprising move came from Nasdaq-listed giant Synaptogenix. Accordingly, Synaptogenix made its first acquisition of Bittensor (TAO). According to the official statement, Synaptogenix (SNPX) announced that it acquired TAO as part of its treasury strategy. It was also stated that BitGo was chosen as the custody, staking, and trading service provider. Joshua Silverman, Chief Executive Officer at Synaptogenix, said: “Under the guidance of our strategy leader, James Altucher, we made our first purchase of TAO, the leading crypto Al token, and began staking the token for income generation and capital growth. “We have chosen BitGo, a leader in the crypto industry, as the custodian for our TAO assets. Our partnership with BitGo underscores our Company's commitment to both our pure-play crypto strategy and our long-term belief thesis for TAO. Our top priority is to create significant value for our shareholders.” The amount of the acquisition was not disclosed, but Synaptogenix previously announced it would invest up to $10 million in TAO. *This is not investment advice. Continue Reading: Not Bitcoin (BTC), Ethereum (ETH) or XRP! Giant Company Announces Reserve Plan for Surprise Altcoin!
BINANCE Binance Futures Will Launch USD-Margined OLUSDT Perpetual Contract (2025-06-25) 09:30:46-278
BitcoinWorld AI Medical Scribe Abridge: Unprecedented $5.3 Billion Valuation Transforms Healthcare Tech In a world where technological advancements are constantly reshaping industries, the convergence of artificial intelligence and healthcare is proving to be nothing short of revolutionary. Just as blockchain technology is transforming finance, AI is now rapidly redefining the landscape of medical practice. For those tracking the pulse of innovation, the latest news from Abridge, an AI medical scribe startup, is a testament to this explosive growth, as it remarkably doubles its valuation to an astonishing $5.3 billion in just four months. This meteoric rise signals a profound shift in how medical documentation is handled and underscores the immense potential of AI in critical sectors. Abridge’s Remarkable Ascent: Doubling Abridge Valuation in Months The financial world is abuzz with the news: Abridge, a seven-year-old AI startup dedicated to automating medical notes, has successfully secured a staggering $300 million in its Series E funding round. This latest injection of capital propels its valuation to an impressive $5.3 billion, as reported by the Wall Street Journal. What makes this achievement even more remarkable is the speed at which it occurred. This funding round, spearheaded by Andreessen Horowitz with significant participation from Khosla Ventures, follows closely on the heels of a $250 million fundraise in February, which valued the company at $2.75 billion. To nearly double its valuation in a mere four months speaks volumes about investor confidence and the critical demand for its innovative solutions in the healthcare sector. Abridge’s core offering focuses on leveraging AI to streamline the laborious process of medical note-taking, freeing up healthcare professionals to focus more on patient care. This efficiency gain is not just a convenience; it’s a fundamental improvement in healthcare delivery, addressing issues like physician burnout and administrative burden. The company’s rapid growth trajectory reflects not only its strong product-market fit but also the urgent need for such solutions across the U.S. healthcare system. Why Abridge Dominates the AI Healthcare Landscape? Abridge is widely recognized as a frontrunner in the increasingly competitive market for AI-powered medical scribes. Several factors contribute to its commanding position: Early Entry Advantage: Being an early mover in this specialized niche allowed Abridge to establish a significant foothold and refine its technology ahead of many competitors. Strategic Integration with Epic Systems: A key differentiator for Abridge is its seamless integration with Epic Systems, the dominant electronic health record (EHR) software used by a vast majority of large health systems in the US. This integration makes Abridge’s solution easily adoptable for existing healthcare infrastructures, providing a powerful network effect. Impressive Financial Metrics: The company’s growth is not just speculative; it’s backed by strong financial performance. The Information reported that in Q1, Abridge reached $117 million in contracted annual recurring revenue (CARR). This metric includes all signed recurring contracts, even from customers still in the onboarding phase, indicating a robust pipeline and committed client base. Extensive Adoption: Founded by cardiologist Shiv Rao, Abridge proudly states that its AI scribe technology is currently utilized by over 150 of the largest health systems across the United States. This widespread adoption underscores the trust and effectiveness of its platform within the medical community. These factors collectively paint a picture of a company that is not just innovating but also executing its strategy flawlessly, cementing its leadership in the evolving AI healthcare sector. Expanding Horizons: Abridge’s New Frontiers in Health Tech Innovation Beyond its core medical note automation, Abridge is not resting on its laurels. Alongside its latest fundraise, the company announced a significant expansion of its services: the ability to convert medical notes from patient appointments directly into AI-powered medical codes. This new offering represents a strategic move that positions Abridge in direct competition with established players like CodaMetrix and even features offered by its partner, Epic Systems. This expansion into medical coding is a natural progression for Abridge, leveraging its existing AI capabilities to address another critical, often complex, and time-consuming aspect of healthcare administration. Accurate medical coding is vital for billing, insurance claims, and data analysis. By automating this process, Abridge aims to: Enhance Efficiency: Significantly reduce the manual effort and time required for coding, accelerating revenue cycles for health systems. Improve Accuracy: Minimize human error in coding, leading to fewer claim denials and better financial outcomes. Streamline Workflows: Provide a more comprehensive, end-to-end solution for administrative tasks, from documentation to billing. This move highlights Abridge’s commitment to continuous health tech innovation and its ambition to become an even more indispensable partner for healthcare providers. The Broader Impact of Medical AI on the Future of Healthcare Abridge’s success is a microcosm of a larger trend: the profound impact of medical AI on the future of healthcare. AI is not just about automating tasks; it’s about transforming the entire ecosystem of patient care, research, and administration. The benefits extend far beyond just medical scribing: Reduced Physician Burnout: By taking over tedious administrative tasks, AI allows doctors to spend more quality time with patients and less time staring at screens, directly addressing a major issue in the healthcare profession. Improved Patient Outcomes: More accurate and comprehensive medical notes lead to better-informed diagnoses and treatment plans. AI can also assist in identifying patterns in patient data that human eyes might miss. Enhanced Operational Efficiency: From scheduling to billing and inventory management, AI can optimize various hospital operations, leading to cost savings and improved service delivery. Accelerated Research and Development: AI algorithms can sift through vast amounts of medical literature and patient data to identify potential drug targets, predict disease outbreaks, and personalize medicine. The rapid adoption and significant investments in companies like Abridge signal a clear shift towards an AI-augmented healthcare future, where technology acts as a powerful assistant to human expertise. Conclusion: A New Era for Healthcare Technology Abridge’s incredible achievement of doubling its valuation to $5.3 billion in just four months is more than just a financial headline; it’s a powerful indicator of the transformative potential of AI in healthcare. By addressing a critical pain point for medical professionals – the burden of documentation – Abridge is not only creating a highly valuable company but also paving the way for a more efficient, patient-centric healthcare system. As AI continues to evolve, we can expect to see even more groundbreaking innovations that will reshape how medical services are delivered, making them more accessible, accurate, and effective for everyone. The era of AI-powered healthcare is truly here, and companies like Abridge are leading the charge. To learn more about the latest AI market trends, explore our article on key developments shaping AI features. This post AI Medical Scribe Abridge: Unprecedented $5.3 Billion Valuation Transforms Healthcare Tech first appeared on BitcoinWorld and is written by Editorial Team
Coinbase has revealed its involvement in a law enforcement operation where the U.S. Secret Service (USSS) seized $225 million in USDT linked to “pig butchering” scams. These scams, which often begin with fraudulent romantic or business relationships, have resulted in substantial financial losses for victims. In late 2023, Tether froze 39 wallet addresses associated with
Bitcoin demonstrates renewed bullish momentum after reclaiming its 50-day exponential moving average, signaling potential short-term gains amid geopolitical tensions. Investor inflows into Bitcoin ETFs remain robust despite market volatility, underscoring
With Bitcoin ( BTC ) on track to end June above the $100,000 mark, the Rainbow Chart is projecting that the asset will likely sustain this level heading into July. This outlook follows a resurgence in bullish momentum as geopolitical tensions between Israel and Iran appear to have eased. Earlier, Bitcoin faced the threat of dropping further below $100,000 after the United States launched an attack on Iran’s nuclear facilities. The cooling of hostilities has since helped stabilize investor sentiment. Bitcoin price prediction for July 1 The Rainbow Chart, which is based on a logarithmic regression model, visually maps Bitcoin’s price into color-coded bands. These bands represent different phases of market sentiment, ranging from extreme fear to speculative euphoria. As of today, Bitcoin is trading at around $106,000, placing it just above the “BUY!” zone and slightly below the “Accumulate” band. This suggests that, in the context of historical trends, the asset is still undervalued and remains in a favorable zone for long-term investors looking to build or expand their positions. Bitcoin Rainbow Chart price prediction for July 1. Source: Coinglass According to the chart’s forecast, Bitcoin would fall into “Fire sale!” territory if it dropped below $69,763 on July 1. Prices between that level and $94,821 are labeled “BUY!,” indicating historically undervalued conditions. The range from $94,821 to $130,171 marks the “Accumulate” zone, where investors are encouraged to build positions. Above this lies a progression of bands, from “Still cheap” and “HOLD,” to more speculative territory like “Is this a bubble?”, “FOMO intensifies,” “Sell. Seriously, sell!” and finally, “Maximum bubble territory,” which begins at $602,453 and stretches to $819,513. Given current levels and assuming relative price stability or a slight upside, Bitcoin appears poised to remain within the “BUY!” and “Accumulate” ranges heading into July. Bitcoin price analysis At press time, Bitcoin was trading at $106,461, having gained over 1% in the past 24 hours. On the weekly chart, it has posted modest gains of 0.4%. Bitcoin seven-day price chart. Source: Finbold Crucially, Bitcoin has found a strong footing at the $105,000 support level, which now serves as a key foundation for helping the asset maintain and build upon its position above $100,000. Featured image via Shutterstock The post Bitcoin Rainbow Chart predicts BTC price for July 1, 2025 appeared first on Finbold .
Fuzzland says a former employee used insider access and malware to exploit Bedrock’s UniBTC protocol, resulting in $2 million in losses.
Bitcoin is showing signs of renewed strength after reclaiming a key technical level that historically marks the start of short-term rallies. According to a June 25 analysis by CryptoQuant contributor İbrahim COŞAR, Bitcoin ( BTC ) has successfully moved back above its 50-day exponential moving average, a trend line often used to identify major shifts in market momentum. In the past, Bitcoin’s price often increased by 10% to 20% when it dropped below the 50-day EMA during a correction and then swiftly rose above it again. It appears that the pattern is reoccurring. Bitcoin has now closed three days in a row above the 50-day EMA after momentarily falling below it, indicating that bulls may be regaining control. COŞAR believes this could pave the way for a move toward $120,000 in the short term, though he warns that geopolitical events involving the United States, Israel, and Iran, could bring about unexpected volatility. You might also like: BTC crash was no accident: Bitcoin’s price chart warned of potential weakness At the time of writing, Bitcoin is trading at $106,720, up 1.4% in the past 24 hours. This represents a 7.8% recovery from its June 22 low of $98,974 when the market sold off in response to escalating Middle East tensions. Some analysts believe that geopolitical unrest may strengthen Bitcoin’s long-term appeal as a hedge. War and inflation risks often lead to increased government spending and easing of monetary policy, conditions that tend to favor Bitcoin. Despite the conflict, investor interest in Bitcoin has remained strong. For the eleventh day in a row, spot Bitcoin exchange-traded funds have seen consistent inflows. According to SoSoValue data , total net inflows in the past week have reached $938 million, showing continued interest from investors. On the technical side, Bitcoin is approaching the upper band around $110,100 after breaking above the 50-day EMA. If Bitcoin is able to consolidate above the $105,700–$106,000 range, this setup would point to growing bullish momentum. Bitcoin price analysis. Credit: crypto.news At 54.69, the relative strength index is just above neutral and indicates improving momentum without yet being overbought. Shorter-term moving averages also flash “buy,” and the moving average convergence divergence has entered a bullish signal zone. Bulls must push Bitcoin above the $108,000–$110,000 resistance level for upside momentum to continue. A daily close above $110,000 could open the door to the $114,000–$120,000 range. If momentum fades, support lies at $105,000 and stronger buying could return near $102,000 or $98,900. Read more: Trump Media files 19b-4 to list Truth Social Bitcoin and Ethereum ETF on NYSE Arca
The $500 billion gaming industry is growing stale, with layoffs and declining sales making it ripe for disruption: exactly the kind of change that new entrant, Block3 , promises to deliver. Block3 brings the power of AI into the gaming industry, allowing users to create entire open-world video games with a simple text prompt: no code, design, or game development experience needed whatsoever. Block3’s BL3 token could be one of the most unusual investment opportunities of this year. Aiming to completely overhaul the gaming industry, BL3 straddles both the $20 billion AI crypto sector and the $18 billion web3 gaming sector , with the potential to reach a towering market cap if it can challenge the broader gaming industry. The BL3 token, which underpins the entire ecosystem, is available in a limited time presale from 1st July, with a starting price of just $0.01 offering a heavily discounted entry into what could be one of the most important AI cryptos to date. Block3: How it works Everyone has tried ChatGPT’s image generation feature at this point: type in what you want to see, and watch it come to life in seconds. This is essentially how Block3’s Trinity model works, but on a completely unprecedented scale. Users will enter a text prompt, just as they would with ChatGPT, but instead of getting a static image back, they’ll get an entire video game—complete with detailed environments, nuanced NPCs, and literally any feature they can imagine. This could be a genuine threat to game studios—the days of needing a team of devs and millions of dollars are ending. As with any AI model, the quality of outputs depends on the volume of inputs, and this is where Block3’s ingenious use of the blockchain comes in. Using its BL3 token to create an incentive system, Block3 recruits the gaming world as its training layer, enabling anyone to submit data—think 3D models, gameplay footage, maps, and more—and get paid for it. The blockchain also enables Block3’s Create2Earn system, whereby the top creators get paid in crypto as their games get played. This further incentivizes usage, driving in more players and helping the LWM improve as it collects more and more data. BL3: Early access to tech’s next unicorn The value proposition of Block3 is obvious—the entertainment industry will never be the same again—and the BL3 token offers a rare opportunity to secure an early entry in what could be one of the market’s most disruptive forces in years. The rise of AI—evidenced mostly recently by Google’s Veo 3 video model, which has already put the movie industry on thin ice—is shifting every landscape imaginable, and markets are responding in kind. Demand for AI has sent stocks like NVIDIA skyrocketing by 10x in just two years, but Block3’s innovation is on a whole different scale. Starting at a price of just $0.01 in its presale, BL3 is a truly interesting opportunity, potentially with a high ceiling. Despite the gaming industry’s struggles, it’s worth $522 billion, and is projected to reach $733 billion by 2030. The result of this is clear: if Block3 can aid the struggling industry and capture even 1-2% of the market, investors could be seriously up. With studios in decline consecutive years of layoffs , this could be what the gaming industry needs. The overhaul puts the player first once again, aligning with the ethos of the blockchain, and the BL3 token, offering early access to a whole new gaming industry, is the dark horse opportunity this cycle. BL3: Everything you need to know BL3, the token that keeps the Block3 ecosystem in motion, debuts on 1st July in a limited time ICO that allows early adopters to own a stake in the future of both AI and gaming. As the backbone of the future AI gaming economy, BL3 offers an opportunity to secure an early entry into a truly disruptive player in a $500B industry—and, in AI gaming, a slice of a sector that doesn’t even exist yet. It’s almost like investing in OpenAI in 2018.The presale runs for 3 months, with prices increasing every 3 days, meaning that earlybirds get by far the most bang for their buck, locking in gains of over 300% by the time BL3 lists on exchanges in Q4. Disclaimer: This is a sponsored article and is for informational purposes only. It does not reflect the views of Crypto Daily, nor is it intended to be used as legal, tax, investment, or financial advice.