Author: Ethan Carter
Ethan is a seasoned cryptocurrency writer with extensive experience contributing to leading U.S.-based blockchain and fintech publications. His work blends in-depth market analysis with accessible explanations, making complex crypto topics understandable for a broad audience. Over the years, he has covered Bitcoin, Ethereum, DeFi, NFTs, and emerging blockchain trends, always with a focus on accuracy and insight. Ethan's articles have appeared on major crypto portals, where his expertise in market trends and investment strategies has earned him a loyal readership.
OpenAI has become the largest startup globally, achieving a valuation of $500 billion in a recent secondary share sale.According to unnamed sources, Bloomberg reported on Thursday that current and former employees sold $6.6 billion in stock to investors such as Thrive Capital, SoftBank Group Corp., Dragoneer Investment Group, Abu Dhabi’s MGX, and T. Rowe Price.This investment round raised OpenAI’s valuation to $500 billion, surpassing Elon Musk’s SpaceX, which is valued at around $400 billion. OpenAI also significantly outpaced other companies like ByteDance and Anthropic, valued at $220 billion and $183 billion, respectively.The transaction highlights interest in AI and the increasing…
Key takeaways: XRP has established support at $2.80, with a potential descending triangle breakout indicating a 23% rally to $3.66. Approval of spot XRP ETFs by the US Securities and Exchange Commission could contribute to favorable momentum in October. XRP’s (XRP) price increased by 5% in the last 24 hours, climbing 11% from its local low of $2.69 to trade just under $3 on Thursday. This movement sets XRP up for additional gains in October, supported by various on-chain, technical, and fundamental factors. Onchain data supports XRP breakout scenario XRP’s record quarterly close on Tuesday coincided with the price surpassing…
Citadel Wallet has launched Suiball, the inaugural hardware wallet specifically crafted for the Sui blockchain. Summary Suiball employs clear signing to present all transaction details in a user-friendly format, thereby decreasing the risks of blind signing. The wallet accommodates native Sui assets such as WAL, DEEP, NS, and NFTs, and seamlessly integrates with DeFi platforms like Suilend, Bluefin, Cetus, and Ika. Suiball also offers native Bitcoin support and intends to broaden its functionality in the future to encompass gaming and payment applications. Citadel Wallet, a prominent innovator in crypto hardware solutions, has introduced Suiball, the first hardware wallet developed exclusively…
The artificial intelligence firm OpenAI has emerged as the world’s largest startup, achieving a $500 billion valuation following a secondary share sale.According to anonymous sources, Bloomberg reported on Thursday that current and former employees of OpenAI sold $6.6 billion in stock to investors like Thrive Capital, SoftBank Group Corp, Dragoneer Investment Group, Abu Dhabi’s MGX, and T.Rowe Price.This investment round propelled OpenAI’s valuation to $500 billion, surpassing Elon Musk’s SpaceX, which stands at around $400 billion. The company also dwarfs other startups, such as ByteDance and Anthropic, valued at $220 billion and $183 billion, respectively.The transaction not only reflects the…
Bitcoin could reach a new all-time high of $150,000 before 2025 concludes, as investors seek refuge in safe-haven assets like gold, according to Charles Edwards, founder of Capriole Investments.Edwards informed Cointelegraph during an interview at Token2049 in Singapore that Bitcoin’s (BTC) recovery above the $120,000 psychological threshold may trigger a “very swift” breakout to $150,000. “I wouldn’t be astonished if we hit $150,000 in a relatively short time, as we need to break out of the $120,000 range. That’s likely coming, potentially in the next few days.”Bitcoin has surged over 6% in the last week, surpassing the $118,500 mark for…
Bitcoin could reach a record high of $150,000 by the end of 2025 as investors shift towards safe-haven assets like gold, according to Charles Edwards, founder of Capriole Investments.In an interview with Cointelegraph at Token2049 in Singapore, Edwards noted that Bitcoin’s (BTC) recovery past the $120,000 level might trigger a “very quick” ascent to $150,000. “I wouldn’t be surprised if we hit $150,000 in a short timeframe, especially after breaking out of the $120,000 range, which may happen in the next few days,” he said.Bitcoin increased by over 6% in the past week, surpassing the $118,500 mark for the first…
UK officials are considering whether to keep billions in profits from seized Bitcoin related to a major fraud case, instead of giving victims the full current value, according to the Financial Times.A report from the Financial Times on Thursday revealed that the UK High Court might opt to reimburse victims only the original investment value, around 640 million British pounds ($862 million). This is despite the seized 61,000 Bitcoin (BTC) being valued at nearly $7.24 billion, resulting in a surplus of roughly $6.4 billion.The Bitcoin was confiscated in 2018 in North London from fraudsters who deceived 128,000 investors in China.…
Bitcoin, the leading digital asset, has increased by 3% today due to a resurgence of optimism in the broader crypto market. This rally coincides with concerns over a potential US government shutdown, which has pressured the dollar and led to significant inflows into BTC over the past 24 hours. As buy-side pressure intensifies, the king coin may be on the brink of reclaiming its all-time high. BTC Inflows Surge as Dollar WeakensSponsored With the US dollar declining, global investors have begun to channel their capital into assets such as BTC. Recent data from SosoValue reveals that net inflows into spot…
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