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“I am increasingly less confident that the SEC will appeal the Ripple summary judgement decision,” the lawyer said.
Share link:In this post: ChatGPT has gained 200 million weekly active users and has almost doubled within a year. SearchGPT by OpenAI is currently in limited access, allowing the company to challenge Google in search. OpenAI is trying to secure billions of dollars in funding that could value the company at over $100 billion.
Share link:In this post: Crypto traders forecast that Bitcoin could fall to $16,000 if Kamala Harris wins the November US elections. The crypto sector has faced significant regulatory challenges under the Biden-Harris administration. Not everyone is convinced that a Harris victory would benefit the crypto industry.
Share link:In this post: Polygon’s price has dropped by 22% in just four days. The RSI has quickly fallen below the 50% midpoint, and the MACD has shown a bearish crossover. Despite the price decline, active addresses on the Polygon network have surged.
- 01:21Meta CTO: This Year is a "Pivotal Year" for Augmented and Virtual Reality BusinessMeta's Chief Technology Officer Andrew "Boz" Bosworth recently stated in an interview that 2025 could be the "year of greatness" for Meta's Reality Labs, or it could be the year the metaverse becomes a "legendary failure case." Currently, Bosworth seems more inclined to believe in its potential for greatness, but the final decision still lies in the hands of the market.
- 01:16Jun Ji-hyun's Husband's Cryptocurrency Loss of Approximately 15 Billion Hits Weibo Trending"Jun Ji-hyun's husband lost 15 billion in cryptocurrency trading" trended on Weibo. According to Korean media reports, Choi Joon-hyuk, the husband of Korean actress Jun Ji-hyun and CEO of Alpha Asset Management, heavily invested in Wemade stocks, with a total amount of 35 billion KRW. As of June 2, the stock price had significantly dropped, resulting in a book loss of approximately 15.8 billion KRW (about 11.66 million USD).
- 01:15Federal Reserve Survey: 52% of Americans Unable to Handle $2,000 Emergency Expense as Inflation Pressures Continue to MountAccording to The Kobeissi Letter, a recent Federal Reserve survey shows that 52% of American consumers cannot cover a $2,000 emergency expense with savings alone, and 31% cannot even afford a $500 unexpected expense. In 2024, a record 37% of respondents indicated that inflation and prices are their main financial challenges, up from 35% in 2023, 33% in 2022, and 8% in 2016.