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In a daring and unexpected maneuver, Elon Musk has put forward a bid for $97.4 billion to buy OpenAI, a top artificial intelligence research outfit. Musk’s offer comes as many are worried that OpenAI has become too much like a typical Silicon Valley company and is no longer fully committed to its founding mission of … Read more
In a development that is hard to miss, cryptocurrency is witnessing a big uptick in both social chatter and price action today. To some extent, this is an artificial intelligence (AI) moment, and the market seems awash with trading activity related to AI-powered blockchain projects. Of this, $AIXBT is a major player, commanding a good … Read more
In the turbulent realm of cryptocurrency, large investors—large holders of a token, known as whales—usually cause a stir when they make a move. Just recently, a whale known by the wallet address 0x8f9 made a big one by unstaking all of their 17.875 million $ENA tokens (worth about $8.78 million) and transferring them to Binance … Read more
In a shocking twist, a key investor in the cryptocurrency market, identified by the wallet address GJwCU, has gone and done the opposite of what investors are advised to do in a bear market—by withdrawing 30,901 SOL tokens (worth an impressive $6.24 million) from Binance. Right before this big withdrawal, the wallet had been completely … Read more
In the world of cryptocurrency, where trades can be extremely risky, one whale recently took a shellacking. The bitcoin and Ethereum whale known as 0x560 made a poor bet on a new project called $VIRTUAL, a token that has seen some turmoil and no shortage of drama since its debut. The 0x560 wallet bought nearly … Read more
Currently, the third-largest cryptocurrency by market capitalization, Cardano ($ADA), is showing potentially auspicious signs of a price rebound. A major technical indicator is flashing a buy signal. The TD Sequential, a well-regarded tool for identifying trend reversals, is suggesting that a market entry or re-entry might be a smart move for ADA investors. “The overall … Read more
The world of cryptocurrency moves fast, and it isn’t uncommon for tokens to make sharp upward moves followed by just-as-sharp downward corrections. However, the recent ascent of $Jailstool—a meme coin launched by Barstool Sports founder David Portnoy—has some folks worried and others amused. The question on everyone’s mind, really, is whether $Jailstool can keep up … Read more
The sector of decentralized finance (DeFi) has had an impressive boost, with cumulative DeFi revenue projected to reach $2.7 billion in 2025. This represents a stunning 2600% increase over the revenue figure of under $100 million in April 2021. The nearly vertical growth curve seen in DeFi remains unparalleled in the history of finance, and … Read more
In an astonishing turn of events, the newly launched $TST token has seen an unprecedented 4700% price surge within just 30 minutes of trading. Created by members of the BNB Chain team, the token quickly became the talk of the crypto world after its meteoric rise. $TST’s market cap in half an hour blew up … Read more
For quite some time, Ethereum (ETH) has held the position of being the second-largest cryptocurrency by market capitalization. It frequently plays the role of being in second place, following Bitcoin. In the last several years, Bitcoin has clearly been the leader, outperforming Ethereum. This has caused many in the crypto community to ponder: Is this … Read more
