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A BMW driver has been charged with murder and possession of a weapon — his vehicle — in a fiery road rage crash that killed a 55-year-old motorcyclist in Queens, police and NYPD sources said Friday. Jorden Rosen, 42, refused to talk to police when they arrived at the scene of the deadly Rego Park crash on April 5, but investigators built the case against him with a key piece of evidence — the helmet cam worn by victim William McField, sources said. The cam captured a road rage confrontation that started as the pair were exiting the Long Island…

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Key points:Bitcoin is witnessing a tussle between buy and sell volume as BTC/USD hits its highest levels since the start of March.BTC price action is making traders increasingly wary due to the pace of recent gains.$100,000 is likely to remain out of reach for the short term, multiple commentators say.Bitcoin (BTC) headed into key resistance after the April 25 Wall Street open as doubts over the BTC price breakout persisted.BTC/USD 1-hour chart. Source: Cointelegraph/TradingViewBitcoin sellers and buyers battle for controlData from Cointelegraph Markets Pro and TradingView showed BTC/USD hitting new seven-week highs above $95,000.Having preserved its yearly open at $93,500…

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AI

Google started testing AI-summarized results in Google Search, AI Overviews, two years ago, and continues to expand the feature to new regions and languages. By the company’s estimation, it’s been a big success. AI Overviews is now used by more than 1.5 billion users monthly across over 100 countries. AI Overviews compiles results from around the web to answer certain questions. When you search for something like “What is generative AI?” AI Overviews will show AI-generated text at the top of the Google Search results page. While the feature has dampened traffic to some publishers, Google sees it and other…

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An official of the Swiss National Bank dismissed calls for the institution to add Bitcoin to its reserves as a hedge against the ongoing macroeconomic turmoil.According to an April 25 Reuters report, Swiss National Bank Chairman Martin Schlegel said that “cryptocurrency cannot currently fulfil the requirements for our currency reserves” during a shareholder meeting in Bern earlier today. The comments come amid mounting pressure from the local crypto industry to add Bitcoin (BTC) to the central bank’s reserves.Campaigner Luzius Meisser, a board member of cryptocurrency broker Bitcoin Suisse, told Reuters that “holding bitcoin makes more sense as the world shifts…

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AI

This is your last chance to put your brand at the center of the AI conversation during TechCrunch Sessions: AI Week — with applications to host a Side Event closing tonight at 11:59 p.m. PT. From June 1-7, TechCrunch is curating a dynamic weeklong series of Side Events leading up to and following the main event — TC Sessions: AI, taking place June 5 at UC Berkeley’s Zellerbach Hall. These are the gatherings where off-stage magic happens — and you still have a chance to lead one. Whether it’s a roundtable, workshop, happy hour, or meetup, your Side Event can…

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AI

Chinese startup Manus AI, which works on building tools related to AI agents, has picked up $75 million in a funding round led by Benchmark at a roughly $500 million valuation, according to Bloomberg. The company will use the money to expand to new markets, including the U.S., Japan, and the Middle East, Bloomberg noted, citing people familiar with the matter. Bloomberg’s report suggests that the fresh round has quintupled the valuation of Manus, which previously raised somewhere north of $10 million from backers including Tencent and HSG (formerly Sequoia China). Manus came into the spotlight in March when the…

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Jerusalem CNN  —  Palestinian Authority President Mahmoud Abbas has called Hamas “sons of dogs,” demanding the release of the remaining Israeli hostages in Gaza and the disarmament of the militant group. Abbas said the priority is to stop “the Israeli genocide that the Gaza Strip is being subjected to.” He said the hostages present an excuse for Israel to continue attacking the besieged territory. “Sons of dogs, release the hostages and block their justifications,” Abbas said in a lengthy televised speech from Ramallah in the occupied West Bank on Wednesday. Israel has vehemently denied accusations of genocide, saying its war…

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A new player is entering the institutional Bitcoin space. Cantor Fitzgerald, along with digital asset giants Tether, Bitfinex and global investor SoftBank is launching 21 Capital, a new Bitcoin-focused investment vehicle. The firm will hold billions in bitcoin and hopes to offer a more structured and diversified alternative to Strategy’s aggressive bitcoin acquisition program. The venture will receive $3 billion in bitcoin from its founding partners: $1.5 billion from stablecoin issuer Tether $900 million from tech investment giant SoftBank $600 million from the Bitfinex exchange All of this bitcoin will be converted into shares of 21 Capital at a fixed…

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The tide of capital once destined for raw spot Bitcoin has begun to flow through institutional canals, spot exchange-traded funds (ETFs), structured products and wrapped exposure, and while the water is rising fast, the waves aren’t quite the same. Bloomberg’s senior ETF analyst, Eric Balchunas, pointed out on X that there is a large movement in leveraged long ETFs and, at the same time, safer bets like gold and cash. Suppose one had to choose if Bitcoin (BTC) was a risk-on or risk-off asset. In that case, it may come down to how investors interpret its narrative, whether they see it…

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When Zach Ingrasci and Chris Temple had the idea to make the documentary film Vitalik: An Ethereum Story, they were actually filming another documentary, and over the course of their filmmaking journey, they ended up capturing both a deeper, human look at the world of crypto and an end product that serves as a use case for the future of crypto filmmaking.When crafting a documentary, filmmakers will typically start with a vision of what they’d like to explore, a vision often saddled with a set of assumptions, only to shatter that vision once filming begins, creating an entirely new direction…

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