The alliance could significantly boost decentralized AI innovation, fostering a more inclusive and scalable ecosystem within the web3 space. The post Aethir launches “AI Unbundled” alliance to accelerate decentralized AI development in web3 appeared first on Crypto Briefing.

Aethir launches “AI Unbundled” alliance to accelerate decentralized AI development in web3

Upexi, a brand owner that specializes in supply chain management, is 
diversifying into the cryptocurrency sector. On April 21, the company 
announced a $100 million raise, with over 90% earmarked for building a Solana 
(SOL) treasury strategy.
After the announcement, shares of Upexi have skyrocketed from a $2.30 close on 
April 17 to $16.79 at this writing, marking a 632% jump for the day.
_UPXI intraday performance on the Nasdaq. Source:__Google Finance_
Many &#8220;prominent&#8221; crypto venture capitalist firms participated in the $100 
million raise, according to an announcement. Backers include the family office 
of Arthur Hayes, Delta Blockchain Fund, Delphi Ventures, Hivemind, Borderless, 
and White Star Capital, among others. The round was completed with a sale of 
around 44 million shares of common stock at a price of $2.28.
According to Upexi&#8217;s recent financials, it posted a profit of $3 million in 
the last quarter of 2024, down 34.8% or $4.6 million from the same time period 
in 2023.
## Companies mimic Strategy
Strategy (formerly MicroStrategy) was one of the first mainstream companies to 
adopt a cryptocurrency treasury strategy. It started purchasing Bitcoin (BTC) 
in August 2020, and its stock price has jumped significantly since then. 
Currently, over 13,000 companies have exposure to Strategy.
Other companies have followed Strategy&#8217;s lead in adopting a Bitcoin treasury, 
including Metaplanet, which topped $400 million in BTC holdings on April 21, 
and Semler Scientific, which reported paper losses for its BTC holdings on 
April 16.
_**Related:**__**Metaplanet, Semler Scientific were &#8216;zombie companies&#8217; until 
Bitcoin, execs say**_
Fewer companies adopting a crypto treasury strategy have chosen a coin other 
than Bitcoin. One such company is Janover, which was taken over by former 
Kraken executives on April 7. Like Upexi, it is adopting a Solana treasury 
strategy and acquired $10.5 million worth of SOL on April 15.
SOL is the native token of the Solana blockchain. The network, once seen as 
the &#8220;Ethereum killer,&#8221; has fast speeds based on a proof-of-history consensus 
mechanism. Solana has been among the big winners of the latest bull market, 
thanks to use cases like memecoins and decentralized infrastructure 
applications.
_**Magazine: Memecoins are ded &#8212; But Solana &#8216;100x better&#8217; despite revenue 
plunge**_

Nasdaq-listed Upexi shares up 630% after  $100M raise, SOL treasury

Pi Network price has crashed by almost 80% from its highest level in February, 
erasing over $9.4 billion in value as the market cap dropped from $13.8 
billion to $4.4 billion. Pi coin (PI) token was trading at $0.6360 on…

Pi Network price can jump 365% if these four things happen

Ethereum and the broader crypto market experienced a small but notable pump 
yesterday, reigniting hopes of a potential trend reversal after weeks of 
sustained selling pressure. As market uncertainty intensifies, driven largely 
by global economic tensions and geopolitical strain between the US and China, 
investors are closely watching for signs of a breakout. Related Reading: 
Ethereum Enters Historic Buy Zone As Price Dips Below Key Level – Insights 
Despite the headwinds, analysts are starting to shift their tone. Some believe 
that the worst may be behind for Ethereum and that a strong move to the upside 
could be brewing. One of the most vocal among them is top analyst Carl 
Runefelt, who shared a bold outlook, suggesting that Ethereum &#8220;might go 
absolutely parabolic starting from here.” His analysis suggests that ETH is 
poised to break out from a daily descending trendline, which could serve as a 
key technical signal indicating va shift in momentum in favor of the bulls. As 
Ethereum holds above critical support levels and inches closer to a potential 
trend reversal, traders and investors are now watching closely for follow- 
through confirmation. If volume and sentiment continue to build, this could be 
the beginning of a significant rally — one that may reset expectations for the 
rest of the cycle. Ethereum Eyes Recovery Amid Rising Global Tensions Global 
tensions and macroeconomic uncertainty continue to weigh heavily on investor 
sentiment, with the ongoing trade war between the US and China sending 
shockwaves through equities and high-risk assets. In the midst of this fragile 
backdrop, Ethereum has managed to find a solid support level around $1,500 and 
is now attempting to reclaim higher ground. After weeks of selling pressure 
that erased bullish expectations for the year, ETH is showing early signs of 
recovery. Ethereum’s current price structure has become a focal point for 
market participants. The recent bounce from $1,500 marks a potential higher 
low, a technical setup often associated with trend reversals. If ETH can 
successfully push above the $1,700 mark and break the descending trendline, it 
could spark renewed momentum for bulls. Runefelt shared an optimistic view, 
stating that Ethereum could go up really fast from here. According to his 
analysis, the next key price target sits at $3,000, assuming a confirmed 
breakout above short-term resistance levels. Despite continued global risks, 
the Ethereum network remains fundamentally strong, with growing adoption in 
DeFi and real-world assets. If the breakout materializes and broader market 
sentiment stabilizes, ETH could lead the next leg of the crypto recovery. 
Related Reading: Metrics Reveal Solana Sees Uptick In Whale Activity – 
Accumulation Signal? Price Faces Key Resistance As Bulls Struggle for Momentum 
Ethereum is currently trading at $1,630 after another failed attempt to break 
above the $1,700–$1,800 resistance zone. This price range has acted as a major 
barrier over the past several weeks, limiting bullish momentum and keeping ETH 
locked in a broader downtrend. Bulls must reclaim the local high at $1,691, 
set last week, to signal a potential shift in structure and confirm the start 
of a recovery rally. A decisive move above $1,700 could open the door to a 
test of the $2,000 level, which would mark a significant psychological and 
technical milestone. However, the lack of follow-through on recent upside 
attempts reflects ongoing uncertainty across crypto markets, largely driven by 
macroeconomic tensions and risk-off sentiment. Related Reading: Cardano Whales 
Offload 180 Million ADA In 5 Days – Smart Profit-Taking? If Ethereum fails to 
gain strength above current levels, a retracement toward $1,500 is likely, 
with the possibility of further downside if selling pressure intensifies. This 
level has served as a critical support zone in recent weeks. Without a 
convincing breakout, ETH remains vulnerable to renewed weakness and deeper 
corrections. All eyes are now on whether bulls can build enough momentum to 
flip resistance into support and avoid another leg down. Featured image from 
Dall-E, chart from TradingView

Ethereum Analyst Sets $3,000 Target As Price Action Signals Momentum – Details

The ZKsync team has given the hackers behind a recent exploit a 72-hour 
ultimatum to return 90% of the stolen funds, or face criminal liability. The 
ZKsync (ZK) Security Council said a positive response from the hacker will 
bring the…

ZKsync to hackers: Return 90% of stolen funds to avoid criminal liability

The cryptocurrency’s price saw a steady appreciation throughout the Easter 
weekend, topping $88K on Monday, while the dollar fell to a three-year low. 
BTC Is Soaring While the Dollar’s Freefall Continues President Donald Trump’s 
aggressive tariffs and his threats to fire Federal Reserve Chairman Jerome 
Powell, have left traditional markets wary, with foreign investors fleeing […]