Out of 181 bitcoin companies, only 20 are active. With an 89% failure rate, Bukele's bitcoin project is a fiasco. The ambitions of digital revolution crash against reality.
OpenAI, the famous AI company, is reportedly developing a social network "like X," thus putting the AI giant on a direct collision course with Elon Musk. According to anonymous sources, this ongoing project combines ChatGPT's image generation tools with a social feed, allowing users to share their AI-generated image creations.
Bitcoin is nearing its peaks, but a specter hovers over its trajectory. While the asset tests $86,000, a dreaded technical indicator remains frozen: the "death cross." This crossover of moving averages, often associated with bearish reversals, persists despite the current surge. Why does such a signal persist? Is it merely an anomaly or a serious warning? As positions accumulate, traders oscillate between confidence and caution, torn by a market in full dissonance.
Shiba Inu stagnates under pressure, its fall is imminent. Bitcoin absorbs investors, and SHIB, with its anemic volume, could lose a zero in value if no change occurs.
The Trump family crypto game inspired by Monopoly: a project that could transform digital real estate. Details here!
While uncertainty reigns in the markets and regulators tighten the noose, BlackRock continues its crypto strategy without faltering. The American asset manager has just injected an additional 37 million dollars into bitcoin through its IBIT fund. A strong move, going against the prevailing hesitations, which confirms a methodical accumulation. Through this new purchase, BlackRock reaffirms its confidence in the leading crypto and strengthens its role as a catalyst for institutional adoption.
PumpSwap, Pump.Fun's decentralized exchange, experienced an exceptional week with $2.5 billion in transactions, representing a 40% increase compared to the previous week. This platform, specialized in memecoins, is attracting a growing number of investors, creating hundreds of new crypto millionaires along the way.
Ethereum's dominance in the crypto market has dropped to 7.18%, a level close to its all-time low. A bearish chart pattern now suggests a possible correction towards $1,100 in the coming weeks.
Binance Chain has just completed its 31st quarterly token burn operation, permanently removing 1.58 million BNB from circulation, equivalent to 914 million dollars. This strategy could well propel the price of the world's fifth largest cryptocurrency in the coming weeks.
The Italian Minister of Economy and Finance, Giancarlo Giorgetti, expressed his concerns about the threat posed by American stablecoins, emphasizing that they could represent a greater danger than Donald Trump's tariffs. According to him, these dollar-backed cryptos risk disrupting Europe's financial stability.