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Despite ongoing market struggles, Ethereum is drawing comparisons to tech giants like Amazon, with experts viewing it as a high-growth asset for the future. Large investors continue to accumulate ETH, signaling long-term confidence.
Pi Network continues to slide as technical indicators show sellers dominating the market. Here’s how PI could trend in the short term.
Onyxcoin is cooling off after a sharp drop, with weakening technical signals hinting at consolidation before its next major move.
A popular equity investing strategy, which considers network effects, is paying off for this crypto index
- 01:43OpenAI’s $3 Billion Acquisition of AI Programming Startup Windsurf Falls ThroughAccording to ChainCatcher, Fortune reports that Google has reached a licensing agreement with coding startup Windsurf, ending OpenAI’s $3 billion acquisition proposal for the startup as the exclusivity period for the deal has expired. This failed deal is a setback for ChatGPT creator OpenAI, coming at a time when the generative AI startup is facing talent poaching from competitors such as Meta. An OpenAI spokesperson confirmed to Fortune that the exclusivity period for the $3 billion acquisition deal with Windsurf, reached in May, has expired, allowing Windsurf to freely pursue other options.
- 01:24"Fed Mouthpiece" Comments on Powell Resignation Reports: Initial Reaction Is to Ignore Them, Powell Has Already Made a Firm StatementAccording to a report by Jinse Finance, "Fed whisperer" Nick Timiraos stated on social media that when people ask him about various online rumors, his first reaction is to ignore them. However, for those who are genuinely curious about whether the Federal Reserve Chair would go against his repeatedly emphasized commitment (that is, to complete his term as Chair, with only 10 months remaining), he recalls how Powell answered the question about "jumping ship" six years ago. The reason he included Powell's response in his book is that it was the firmest statement possible: "Under no circumstances would I voluntarily leave this job before my term ends. Absolutely not. You will not see me jump ship. I simply cannot imagine any situation that would prevent me from completing my term, unless I die." (Jin10)
- 01:23A whale address spent $4.5 million to purchase 349 billion PEPE yesterdayAccording to Jinse Finance, Onchain Lens monitoring shows that a certain whale address spent $4.5 million yesterday to purchase 349.02 billion PEPE tokens. This whale address now holds 508.75 billion PEPE, valued at $6.23 million.