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The United States is projected to remain the world’s strongest economy in 2025, boasting an impressive $28 trillion GDP. Meanwhile, China and India, though trailing in absolute numbers, are rapidly closing the gap with higher growth rates—signaling an era of intensified global economic competition. US Maintains Lead, but Emerging Giants Gain Ground Currently, China’s GDP…
Midjourney, one of the leading AI image generation startups, has officially entered the AI video generation market with the launch of its much-anticipated V1 model. Announced on Wednesday, V1 allows users to upload an image—or use one generated by Midjourney’s other models—and transform it into four distinct five-second video clips. Like Midjourney’s popular image models,…
Tether, the issuer of the world’s largest stablecoin USDt, has frozen more than $12.3 million worth of USDT on the Tron Network, continuing its aggressive effort to curb illicit financial activity across the cryptocurrency landscape. Blockchain data from Tronscan confirms the freeze occurred at 9:15 am UTC on Sunday, although Tether has yet to release…
Bank of America is reportedly fast-tracking the development of its own U.S. dollar-backed stablecoin. Once hesitant, the banking behemoth now appears ready to compete head-on with blockchain-native platforms, marking a pivotal shift in the financial sector’s digital asset strategy. Speaking at a recent Morgan Stanley conference, Bank of America CEO Brian Moynihan highlighted the regulatory…
Hamster Kombat (HMSTR), once hailed as a viral GameFi phenomenon, is now grappling with a sharp market correction. As of Friday, HMSTR is trading at $0.00107, marking a steep 27% drop in the past 24 hours. The token has shed approximately $25 million in market capitalization, now standing at around $69 million, according to CoinMarketCap….
Ethereum [ETH] has hit a significant staking milestone, with 34.8 million ETH now staked, representing nearly 30% of the circulating supply. This surpasses the previous all-time high set in November 2024, signaling growing confidence among long-term holders. The timing is also noteworthy, as market anticipation for spot Ethereum staking ETFs continues to build, potentially catalyzing…
While the broader crypto market faces consolidation, Uniswap’s native token UNI has defied the trend, extending its rally with a remarkable 40% surge on June 10. The altcoin reached a four-month high of $8.66 before experiencing a slight pullback. At the time of writing, UNI trades at $8.38—still up 17% in the past 24 hours—as…
As the cryptocurrency market awaits decisive regulatory clarity on several ETF applications, two prominent digital asset funds—Polkadot (DOT) and Hedera (HBAR)—are now under the spotlight. The U.S. Securities and Exchange Commission (SEC) has delayed its rulings on both ETF proposals, seeking further public input and pushing decisions beyond the second deadline. Grayscale’s proposed Polkadot ETF…
BlackRock’s iShares Bitcoin Trust (IBIT) continues to dominate the ETF landscape, with inflows surging by an additional 3,005 BTC yesterday—valued at a staggering $336 million. The ETF’s share price simultaneously hit a new all-time high of $63, pushing its total Bitcoin holdings to 662,571 BTC. With assets under management (AUM) now at $72.7 billion, IBIT…
Aave [AAVE] has staged a strong breakout from its recent short-term range, signaling renewed bullish momentum. Earlier indications of sustained buying pressure have played out, with AAVE rallying nearly 30% in just four days after briefly dipping to retest support at $240. At the time of writing, AAVE is trading at $313, inching closer to…