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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.
- 07:56Musk's Father Says Publicly Challenging Trump is a Mistake: Trump Will WinElon Musk's father, Errol Musk, stated in an interview with Russian media in Moscow on Monday that Elon made a mistake by publicly challenging Trump and reiterated that Trump would win. He said, "You know, they have been under tremendous pressure for five months, let them take a break. They are very tired and stressed, so you can expect such things." "Trump will win—he is the president, he is the elected president. So, I think Elon made a mistake. But he is tired and under a lot of pressure," said Errol Musk. He also mentioned that this dispute is "just a small matter" and "will be over by tomorrow."
- 07:37Analyst: A Series of Active Cryptocurrency ETFs "Have a Chance" to EmergeAccording to Cointelegraph, Bloomberg ETF analyst Eric Balchunas stated in a post on X (formerly Twitter) on June 7 that at some point in the future, an actively traded Meme coin ETF is "very likely" to emerge. He added, "First, we will see a series of actively managed cryptocurrency ETFs," and predicted that an actively managed fund investing solely in Meme coins is likely to appear by 2026. His comments were in response to a post on X by the Russia-focused Meme coin team "Vladcoin." The Vladcoin team stated, "There should be an actively traded Meme coin ETF that buys and sells based on performance." They added that an actively traded fund would "hold promising coins and sell weaker ones."
- 07:37Citi: Fed Expected to Cut Rates by 50 Basis Points in January and March 2026 (Cumulative)Citi: The Federal Reserve is expected to cut interest rates by a total of 50 basis points in January and March 2026. (Jin10)