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X Money, the payment and banking app tipped by Elon Musk in 2022 after he acquired Twitter, has started beta testing, Musk confirmed in an X post on May 25.Tesla Owners Silicon Valley, a fan X account focused on Elon Musk and Tesla, took to X on May 25 to report that Musk has confirmed that X is “la…
Bitcoin (BTC) price staged a mild recovery over the weekend, but gains above $110,000 are being capped by selling. Data from Glassnode shows “net distribution” (selling) from the cohort holding more than ten thousand Bitcoin, but cohorts below this level have continued to accumulate. The spot and fu…
Cryptocurrency investment products saw a sharp increase in inflows last week, driving the year-to-date (YTD) total above $10 billion, according to data from European crypto investment manager CoinShares.Global crypto exchange-traded products (ETPs) recorded $3.3 billion of inflows during the week en…
Today in crypto, US House Speaker Mike Johnson batted away concerns over Donald Trump’s memecoin dinner, Strategy co-founder Michael Saylor hints at another Bitcoin buy, Pakistan allocated 2,000 megawatts of surplus electricity to Bitcoin mining and AI centers.Speaker Johnson shrugs off Trump crypto…
Nvidia will reportedly launch a new lower-cost artificial intelligence chip specifically for China, following restrictions on exporting its more expensive model.Nvidia plans to start mass production of the new AI chips in June, which will be part of the firm’s latest generation of AI chips, Reuters …
Several artificial intelligence models ignored and actively sabotaged shutdown scripts during controlled tests, even when explicitly instructed to allow the action, Palisade Research claims.Three AI models ignored the instruction and successfully sabotaged the shutdown script at least once during 10…
A TikTok prankster who attended Donald Trump’s dinner for the US president’s top memecoin holders said the three-course meal served was some of the “worst food” he’s eaten and that Trump’s speech at the event was “pretty much like bullshit.”“It was the worst food I’ve ever had at a Trump golf course…
Key points:Bitcoin price is stuck below $109,588, but the pullback has not altered its bullish chart structure.A bullish weekly open from Bitcoin could extend gains in HYPE, XMR, AAVE, and WLD.Bitcoin remains stuck below the $109,588 level during a quiet weekend, but analysts remain bullish. Materi…
Cardone Capital, a real estate investment firm with over $5 billion in assets under management, launched the 10X Miami River Bitcoin Fund, a dual-asset fund consisting of a 346-unit multifamily commercial property located on the Miami River in Miami, Florida, and $15 million of Bitcoin .In an interv…
Blockchain security firm Dedaub released a post-mortem report on the Cetus decentralized exchange hack, identifying the root cause of the attack as an exploit of the liquidity parameters used by the Cetus automated market maker (AMM), which went undetected by a code "overflow" check.According to the…
Key takeaways:HYPE is mirroring Solana’s 2021 breakout structure, targeting a 240% rally by July.Familiar crypto fractals suggest HYPE could spark similar momentum-driven hype.Hyperliquid's native token, HYPE, is mirroring a strikingly similar price structure to Solana’s early 2021 breakout—one tha…
The crypto industry is no stranger to controversy, yet few projects have drawn more scrutiny than Sam Altman’s World, formerly known as Worldcoin.Promising to verify human uniqueness through iris scans and distribute its WLD token globally, World positions itself as a tool for financial inclusion. H…