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Over the last fortnight, $FET has been quietly beating any other digital asset tied to AI among crypto's biggest 100 by market capitalization.
Quick Take Oregon man Sam Ikkurty was accused of defrauding investors from a purported “crypto hedge fund” that allegedly ran like a Ponzi scheme. The CFTC alleges that Ikkurty failed to return the promised “net profits” to investors and failed to mention that the fund’s performance fell 98.99% within months.
Share link:In this post: Volkswagen integrates ChatGPT into 2025 models for enhanced voice assistant capabilities. ChatGPT-powered IDA assistant offers natural, conversational interactions in VW vehicles. Volkswagen’s new AI-driven voice assistant prioritizes user privacy and security.
Share link:In this post: SunPump on Tron is quickly outpacing Pump.fun on Solana in daily revenue and user engagement. SunPump launched 46,000 tokens in just over a month, while Pump.fun has deployed 193,000 since December 2023. SunPump’s recent surge in activity includes launching 7,471 tokens in a single day.
Quick Take Bitcoin fell 4.5% in the past 24 hours to change hands at around $56,696 at the time of writing, while ether slid 6.4% to trade at $2,366. Japan’s TOPIX and South Korea’s KOSPI indexes were down over 2% this morning in Asia after Wall Street plummeted on weaker ISM data in the U.S.
- 18:51Spot gold's intraday gains expand to 1%, priced at $3,349.74 per ounceJinse reports that spot gold's intraday gains have expanded to 1%, priced at $3,349.74 per ounce.
- 18:37Standard Chartered Bank Predicts Bitcoin Will Rise to $120,000 in the Second Quarter, Maintains Year-End Target of $200,000According to The Block, Geoffrey Kendrick, Head of Global Digital Asset Research at Standard Chartered Bank, predicts that Bitcoin will reach a new high of approximately $120,000 in the second quarter, mainly driven by U.S. asset reallocation. Kendrick states that now is the best time to buy Bitcoin and maintains his target of $200,000 by the end of 2025. He points out that several indicators support the next upward trend for Bitcoin, including the U.S. Treasury term premium reaching its highest point in 12 years and signs that U.S. investors may be seeking non-U.S. assets. Additionally, whale investors holding over 1,000 Bitcoins have continued accumulating during the market decline caused by tariffs and the subsequent rebound related to risks to the Fed's independence, highlighting the importance of this period for Bitcoin's next move. The current Bitcoin price is about $95,500, with an all-time high of $108,786 on January 20, 2025. With growing institutional interest and potential passage of U.S. stablecoin legislation, Bitcoin's rise may continue into the summer.
- 18:36Total Bitcoin Futures Open Interest Rises to $63.24 BillionAccording to Coinglass data, the total open interest in Bitcoin futures contracts across the network is 674,790 BTC (approximately $63.24 billion). Among these, CME Bitcoin contracts have an open interest of 147,110 BTC (approximately $13.78 billion), ranking first; CEX Bitcoin contracts have an open interest of 115,730 BTC (approximately $10.85 billion), ranking second.