Big tech companies like Tesla's interest in cryptocurrency boosts market sentiment.

From Cointelegraph and October 25, 2024 5:00 PM:

This week, Tesla’s CEO Elon Musk revealed the company’s Bitcoin holdings, which are believed to be around $1.5 billion in value. This move has sparked further interest in cryptocurrency investments and the relationship between big tech companies and digital assets.

In other news, Avalanche has partnered with Visa to launch a card that allows users to spend their AVAX tokens at over 70 million merchants worldwide. This collaboration aims to promote mainstream adoption of cryptocurrencies and bridge the gap between traditional financial services and blockchain technology.

Core Scientific, a major cryptocurrency mining company, has struck a deal worth $4.3 billion with CoreWeave, a blockchain infrastructure provider. This partnership is expected to enhance Core Scientific’s capabilities in mining operations and create a more efficient and sustainable mining ecosystem.

Chainlink has announced a pilot program that integrates its decentralized oracle technology with corporate databases. This initiative aims to bring real-world data on-chain securely and reliably, opening up new possibilities for smart contracts and decentralized applications in various industries.

Read more at Cointelegraph: Crypto Biz: SushiSwap bets on new roadmap against DEX competition