🏙️ AI Boom Lifts CoreWeave While Crypto Sees Scandals, Surges, and Stablecoin Shakeups
⚡ CryptoTrendz - 📌 What’s Trending?:
Mastercard partners with MoonPay on stablecoin cards; Sonic Labs wins key ruling vs Multichain. Solaxy stirs Layer-2 buzz, and Pi Network hints at Binance listing. Bitcoin steady above $100K as Trump touts $10T value and $1M target by 2028. ✨Take a closer look:
🔖 Major Crypto Developments:
🔹Mastercard partners with MoonPay to launch stablecoin cards, signaling deeper traditional finance adoption (source).
🔹Sonic Labs wins a court order to wind up Multichain Foundation (source).
🔹NFT founder accused of stealing millions from a Bitcoin project, shaking investor trust (source).
🔹BitGo CEO warns that Bitcoin holdings are never fully insured, highlighting ongoing security gaps (source).
🔖 Market Trends & Analysis:
🔹Bitcoin’s stablecoins ratio on exchanges surges, raising red flags for cautious investors (source).
🔹Despite cooling inflation and easing US-China tensions, Bitcoin stays steady above $100,000 (source).
🔹Analysts call bulls’ effort to flip Bitcoin’s $2T market cap “ridiculous” as volatility persists (source).
🔹Key metrics hint Bitcoin whales may soon cash out, suggesting possible profit-taking ahead (source).
🔖 Institutional Moves & Investments:
🔹Nasdaq-listed BTCS plans to increase ETH reserves following a $57.8M raise, showing confidence in Ethereum’s future (source).
🔹Ukrainian authorities near completion of a strategic Bitcoin reserve bill, indicating strong national crypto interest (source).
🔹Pareto introduces a synthetic dollar backed by private credit, blending DeFi with traditional finance tools (source).
🔹Solaxy ($SOLX) heats up the Layer-2 sector, with analysts touting big upside before another Solana-style run *(source).
🔖 AI, Tech & Security:
🔹CoreWeave’s revenue jumps on AI demand, but high spending dents profits, reflecting the sector’s fast pace and challenges (source).
🔹Coinbase unveils x402, enabling crypto payments over HTTP for AI and APIs, merging blockchain and new tech (source).
🔹A crypto exchange CEO’s family narrowly escapes kidnapping in France, underlining ongoing security risks in the industry (source).
🔹The value of digital ownership continues to reshape economies, with intangibles powering new growth (source).
🔖 Predictions, Hype & Speculation:
🔹Arthur Hayes claims Trump will print enough money to drive Bitcoin to $1,000,000 by 2028, stirring debate (source).
🔹Trump calls Bitcoin a $10 trillion asset as US-China crypto rivalry intensifies (source).
🔹Pi Network teases a major reveal at Consensus 2025, fueling Binance listing rumors (source).
🔹Despite a market pullback, BTCBULL is seen by some as a hidden gem for possible 1000x gains in 2025 (source).