XRP fell about 7% after the first U.S. spot XRP ETF launched, even as trading volumes and retail interest surged. At the same time, institutional holders trimmed positions, signalling cautious behaviour ahead of larger ETF launches from Franklin Templeton and Bitwise.
WeatherlyAlibaba has launched its new AI chatbot app, Qwen, available globally and free to use, aiming to compete with ChatGPT and integrate into its wider digital ecosystem. The app has already drawn high user traffic and caused concern in the U.S. tech sector, highlighting Alibaba’s growing influence in AI development and adoption.
WeatherlyMore than 300 founders and investors at a major AI summit voted Perplexity as the startup most likely to fail, putting OpenAI in second place. The poll highlighted growing doubts about both companies, driven by legal issues for Perplexity and rising financial concerns around OpenAI.
WeatherlyDappRadar, a seven-year-old blockchain analytics platform, has shut down due to financial difficulties. Its closure leaves a gap in cross-chain data services, affecting developers, investors, and users who relied on its analytics.
AnaisGoogle released a new AI weather model called WeatherNext 2 that gives faster and more detailed forecasts. It delivers global predictions in under a minute and is now built into Google products like Search, Maps, and Pixel Weather.
WeatherlyEl Salvador bought about 1,090 Bitcoin in a single day, raising its total holdings to roughly 7,474 BTC worth $676 million. The purchase came as Bitcoin fell below $90,000, showing the government is continuing its daily accumulation strategy despite market volatility.
AnaisA British man, Joseph James O’Connor, has been ordered to return $5.4 million in Bitcoin and other cryptocurrencies after hijacking celebrity Twitter accounts in 2020. The civil recovery covers the increased value of the stolen crypto and will be managed by a court-appointed trustee for public restitution.
WeatherlyA faulty Cloudflare configuration file caused a major outage that briefly took down many popular websites and apps. The issue spread quickly because so many services rely on Cloudflare to manage their traffic.
AnaisMichael Saylor’s company has seen big losses as Bitcoin falls below $90,000, leaving around 40% of its holdings unprofitable. Recent purchases above current market prices have added nearly $100 million in unrealised losses, putting pressure on the company’s stock and strategy.
WeatherlyA judge ruled that Meta no longer holds monopoly power, ending the FTC’s attempt to force the company to separate Instagram and WhatsApp. The case collapsed mainly because TikTok and YouTube now offer strong competition, weakening the claim that Meta dominates social networking.
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