Bitcoin's Composite Market Index is testing a crucial pivot level, indicating BTC is historically undervalued. Key metrics like MVRV and NUPL show reset investor sentiment, while a downtrend in the 90-day SMA suggests ongoing selling pressure.

Slash, a US-based financial startup, raised $100 million in Series C funding, valuing the company at $1.4 billion. The funding will enhance its services for 5,000 companies, boosting features like expense management and global payment access.

European companies are adopting Bitcoin treasury strategies that align with local regulations, in contrast to the U.S. debt-driven model. Key players like Germany's Bitcoin Group SE and France's Capital B focus on conservative positions, facing unique market constraints.

The European Commission's proposed Digital Markets Act rules would require Google to share anonymized search data with rivals in the EU. Google opposes this, citing privacy concerns. Competitors like Qwant and Ecosia have launched their own search engine, arguing the proposal does not sufficiently enhance competition. The dispute highlights the critical role of data in AI development.

OrtCloud, a Singaporean startup, raised $1.7 million in pre-seed funding for its specialized cloud infrastructure designed for AI workloads. With clients like OpenAI and Samsung, it aims to enhance product development and expand in Asia Pacific and the U.S.

Sequoia Capital has raised $7 billion for a new fund under Alfred Lin and Pat Grady, focusing on AI startups like OpenAI and Anthropic. This marks a shift in strategy, allowing investments in competing companies within the same sector.

Pumpcade, a Solana-based platform for Meme coin creation and prediction markets, secured $5 million in seed funding from investors like Jump Crypto and Foundation Capital. This follows a $1 million extension round on April 2.

TSMC and ASML's positive outlook suggests major tech firms will continue to invest heavily in AI chips and data centers. Spending is expected to surpass $600 billion this year, driven by capacity constraints and demand from hyperscalers like Microsoft and Amazon.

Intel shares surged 38% in April and 65% year to date, driven by AI partnerships and manufacturing advancements. The company regained full control of its Ireland plant and has secured contracts with major clients like Google, yet remains below its 2020 peak.

A Nomura survey reveals 80% of institutional investors aim to invest 2-5% in cryptocurrencies, favoring yield strategies like staking and lending. Regulatory clarity and risk management are key to boosting institutional interest in digital assets.