AI
China’s 15th Five-Year Plan places artificial intelligence at the center of national strategy through 2030, according to ArtificialIntelligence-News. The policy formalizes state-backed expansion across compute infrastructure, model development, and data systems. The plan groups AI with quantum computing, biotechnology, and energy as priority sectors within strategic science policy. It
What M2 Actually Measures M2 is one of the most widely used gauges of money in an economy. It goes beyond cash and checking accounts to include savings, small time deposits like certificates of deposit (CDs), and money market funds. In simple terms, it captures both money you can spend
Markets
Bitcoin (BTC) dropped over $1,000 within hours on April 2, reversing an intraday rally as geopolitical tensions between the US and Iran intensified. The move highlights crypto’s continued sensitivity to sudden macro and security shocks. The decline followed statements from US President Donald Trump, who warned of further
AI
OpenAI has acquired tech talk show TBPN, extending its influence into media as AI adoption accelerates. The move signals a shift toward controlling narrative channels alongside model development and distribution. The Los Angeles-based program, hosted by John Coogan and Jordi Hays, streams three hours daily and features founders, investors, and
Finance
Polymarket introduced daily stock and commodity contracts on April 2, expanding beyond political and event-driven markets, according to Crypto.news. The move positions the platform closer to traditional financial derivatives, where daily price resolution defines trading activity. The new products include up-or-down and closing price contracts tied to major equity
Markets
The GMCI AI Index rose 48% since February, reaching 51.26 on Sunday. The move signals renewed capital concentration in a narrow set of AI-linked crypto assets. Yet the index remains 84% below its first-quarter 2024 peak, highlighting the depth of the prior drawdown. Its composition is heavily skewed, with
AI
Sarvam AI is nearing a $350 million raise. The round would value the Bengaluru startup at $1.5 billion to $1.55 billion, a fresh signal that India wants its own AI stack. People close to the talks expect a close soon. Bessemer Venture Partners is expected to lead, with
DeFi
Circle is preparing to launch cirBTC, a wrapped bitcoin token backed 1:1 by BTC, targeting institutional users. The move expands Circle’s product suite beyond stablecoins into tokenized bitcoin infrastructure. The company said cirBTC will integrate with its existing stack, including the Arc Layer 1 blockchain and Circle Mint
Finance
Hyperliquid’s share of perpetual futures volume has risen to nearly 6%, up from around 3.5% a year earlier. The gain signals sustained erosion of centralized exchange dominance in one of crypto’s most profitable segments. Monthly volume on the decentralized platform is approaching $200 billion, even as total
Politics
The Commodity Futures Trading Commission (CFTC) has filed lawsuits against Illinois, Arizona, and Connecticut, asserting exclusive federal jurisdiction over prediction markets. The action marks the agency’s first direct legal challenge against states in this emerging sector. The complaints, filed Thursday, follow cease-and-desist orders issued by Illinois authorities against platforms
Regulation
Coinbase has secured conditional approval for a national trust charter from the Office of the Comptroller of the Currency (OCC), marking a key step toward federal oversight of its custody operations. The approval signals progress in aligning crypto infrastructure with U.S. regulatory frameworks. The exchange said the charter will
Finance
YZi Labs, a $10 billion venture vehicle backed by Binance co-founder Changpeng Zhao, has increased its investment in Predict.fun. The move signals rising institutional interest in crypto-native prediction markets ahead of a major global sports cycle. The follow-on round includes Susquehanna Crypto, a proprietary trading firm, supporting Predict.fun’