AI Drives Crypto Bull Phase as Altcoins Fade
@BlackRock’s Robbie Mitchnick highlights AI as a key driver for crypto, with focus shifting to $BTC and $ETH as altcoin interest wanes. #Update #Crypto $BTC $ETH
OpenAI Shuts Sora App Ending $1B Disney Deal
OpenAI will shut down Sora, its AI video-generation app, ending a $1 billion Disney deal as it shifts focus to robotics research. #Update #Tech
Ethereum Rebounds 6% Coinbase Demand Weak
Ethereum’s Coinbase Premium Index remains negative despite price rebound above $2,100, indicating weak demand from U.S. institutional investors. #Update #Crypto $ETH
OpenAI Secures $10B Funding at $730B Valuation
OpenAI is close to securing $10 billion in funding from MGX, Coatue, and others, maintaining a $730 billion valuation. Funds target infrastructure and growth. #Update #Tech
OpenAI Shuts Down Sora App Rapidly
OpenAI plans to shut down its Sora AI video generator months after launch, ending a Disney partnership and redirecting focus to core AI systems. #Update #Tech
AI Dominates US Congress Elections Debate
AI has become a key issue for voters in the U.S. midterm elections, with Trump’s executive order intensifying regulatory conflicts and local resistance against AI infrastructure due to environmental concerns. #Update #Crypto
Bitcoin Lending Launches with Lombard and Bitwise
@Lombard partners with @Bitwise to launch Bitcoin Smart Accounts, enabling institutions to earn yield and borrow against $BTC without asset transfer, targeting $500B in institutional custody. #Update #Crypto $BTC
Robinhood Launches $1.5B Stock Buyback Plan
@Robinhood’s board approved a $1.5 billion share repurchase plan, adding $1.1 billion to buyback capacity, and expanded its credit facility to $3.25 billion #Update #Finance
Tether Secures Audit Circle Stock Crashes
Circle’s shares dropped 20% after Tether announced a Big Four audit, potentially impacting $USDC amid legislative changes on stablecoin yield. #Update #Crypto $USDC
Bitcoin Stuck at $70K Iran Rejects Talks
Bitcoin’s halving approaches a critical threshold amid geopolitical tensions between the US and Iran, keeping $BTC near $70K with potential market volatility. #Update #Crypto $BTC
Bitcoin Bottom Confirmed Amid U.S.-Iran Tensions
Blockchain investigator ZachXBT reported that Russian OTC broker Aleksandr Khinkis allegedly laundered over $4.7M in crypto through 796 BTC linked to ransomware payments, using Bitcoin, Avalanche, and Tron networks. #Update #Crypto $BTC
Bitcoin Seizure: 500 BTC Wallet Cracked
Irish authorities unlock $32M in Bitcoin from a 2019 seizure using Europol’s expertise, marking the first recovery from Clifton Collins’ 6,000 BTC hoard. #Breaking #Crypto $BTC
Ledger Launches Wallet 4.0 Crypto Platform
Ledger launches Wallet 4.0, enhancing its crypto app with improved navigation, portfolio tools, and real-time notifications while maintaining hardware security. #Update #Crypto #Wallet
Bitcoin Peaks as Bernstein Sets Stock Target
Analysts from @Bernstein predict Bitcoin may have hit a bottom, with a forecast of $150K by 2026. @MicroStrategy’s stock could rise 226% to $450 amid innovative financing and strong institutional interest. #Update #Crypto $BTC