24/7 Blockchain industry dynamics and breaking crypto news
Trump Media & Technology Group is shifting from social media to cryptocurrency, financial services, and fusion energy. Despite applying for a crypto ETF and planning Bitcoin reserves, its stock has plunged over 60% since 2024, erasing billions in market value.
Read MorePakistan's Interior Ministry emphasized the necessity of continued diplomatic engagement between Washington and Tehran for a lasting conflict resolution. The extension of the ceasefire by the US is seen as a positive step, with Pakistan urging Iran to respond and both sides to seize the opportunity for peaceful dialogue.
Read MoreBitcoin has surged past the $78,000 mark, setting a new all-time high at $78,000.81. Following the peak, the market experienced a minor correction with a 0.14% dip over 24 hours, indicating significant volatility. Investors are advised to monitor the market closely and implement robust risk management measures.
Read MoreCardano's developer Input Output has cut its funding request to $46.8 million, focusing on the Leios upgrade for scaling and the Pogun system for Bitcoin DeFi. This reflects a strategic shift towards reduced reliance on community treasury funds.
Read MoreCryptoQuant CEO Ki Young Ju suggests Bitcoin often nears its bottom when it appears least attractive, aligning with historical cycle data. This contrarian view highlights market apathy as a potential buy signal, urging investors to stay rational during widespread fear.
Read MoreEthereum co-founder Vitalik Buterin responds to a recent prediction market manipulation incident, advocating mandatory use of median data from at least three independent sources to enhance system resilience against physical data attacks.
Read MoreOpenAI is forming a multi-billion dollar joint venture with leading private equity firms to tackle the enterprise AI deployment gap. The new entity will focus on integrating AI into business operations, offering investors guaranteed returns.
Read MoreOn-chain data reveals a major Ethereum whale deposited 2,791 ETH worth $6.64 million to Binance within 24 hours, leaving a mere 0.5 ETH in the wallet. The address maintains highly leveraged short positions on ETH and BTC, reportedly with over $33 million in total profits on HyperLiquid, signaling a potential market shift.
Read MoreSpaceX has alerted potential investors to significant capital expenditure plans, including developing its own AI chips, as the company prepares for a potential public offering, highlighting financial challenges in tech expansion.
Read MoreHong Kong plans to introduce a regulatory license for cryptocurrency over-the-counter trading by year-end, as revealed by legislator Johnny Ng. Efforts are also underway to enable stablecoin trading of tokenized real-world assets on secondary markets, aiming to enhance market access and liquidity for digital investments.
Read MoreHoward Marks, co-founder of Oaktree Capital, recently shared his investment wisdom at Wharton. He argues that waiting for a market bottom to buy is futile, as timing the exact bottom is impossible. True investing success depends on assessing asset quality and buying at an attractive price, not perfect timing. He notes that truly great 'compounding machines' are rare, and a common mistake is selling too early.
Read MoreByteDance has launched Seed3D 2.0, a next-generation 3D generation model. Utilizing an MoE architecture, it delivers superior texture detail and precise material boundaries while optimizing computational efficiency. The technical report is public, and its API is now available.
Read MoreA savvy crypto whale has netted significant profits by selling over 10,000 ETH at a peak and repurchasing a large portion after a minor dip. This strategic move resulted in a net reduction of 3,381 ETH, showcasing expert market timing.
Read MoreA leading economist highlights the accelerating entry of traditional finance into digital assets, signaling a new market era. Stablecoins are poised to redefine payments, while Bitcoin evolves into a core financial instrument, heralding a profound industry transformation driven by technological and financial convergence.
Read MoreA Hong Kong-listed firm announced a dual strategic move: acquiring an investment team and launching the city's first compliant Bitcoin-denominated asset management service. This marks a pivotal step in its transition towards licensed digital asset private banking, targeting sophisticated investors.
Read More