Ethereum expected to reach $3500 next week, with ENA, UNI, and RTX all poised for growth

Sony has decided to lay off 25% of its workforce at the chip center in Israel as part of a global restructuring effort. This move comes as no surprise as the tech giant aims to streamline its operations worldwide. On a similar note, Meta has acquired PlayAI, a voice AI startup, to enhance its conversational technology capabilities. This strategic acquisition aligns with Meta’s goal of improving user experience and AI integration within its platform.

Meanwhile, OpenAI has halted the launch of its open model indefinitely due to safety concerns. This decision showcases OpenAI’s commitment to prioritizing user safety and ethical considerations in AI development. In a separate sector, Samsung has acquired Xealth to leverage AI technology in revolutionizing digital healthcare. This move underscores Samsung’s dedication to innovation and improving healthcare services through technological advancements.

In the cryptocurrency realm, Chainlink and Hyperliquid are experiencing bullish momentum as whale activity and derivatives surge, and Bybit listing and Grayscale support drive growth, respectively. Dogecoin also shows potential for more upside, with rising open interest and bullish charts indicating positive outcomes. Similarly, Cardano’s price has surged by 10% due to short liquidations, fueling positive growth in the market.

On the topic of Bitcoin, Scaramucci believes that Bitcoin at $111K is comparable to the land deal of the century, emphasizing the value and potential of investing in cryptocurrency. Additionally, KULR has expanded its Bitcoin mining operations in Paraguay by adding 3570 new machines, showcasing the company’s commitment to sustainable mining practices. Metaplanet has surpassed Bhutan in the Bitcoin race with a $400M lead in holdings, indicating significant growth and success in the digital currency market.

Moreover, Calamos has launched protected Bitcoin ETFs with up to a 41% cap and 100% downside protection, offering investors security and risk management in their investment portfolios. In the finance sector, Twenty One Capital aims for a Nasdaq listing following a business combination, highlighting the company’s strategic growth plans. HSBC has ventured into tokenized deposits after successful e-HKD tests on various blockchain platforms, showing the bank’s interest in utilizing blockchain technology for financial services.

Lastly, Ripple has applied for a national bank license and is eyeing RLUSD federal backing, demonstrating the company’s regulatory compliance and aspirations for enhanced financial infrastructure. Brad Garlinghouse has clarified Ripple’s ties to Linqto amidst a Department of Justice probe, ensuring transparency and accountability in the company’s operations. Overall, these recent developments across various industries indicate a shift towards technological innovation, strategic growth initiatives, and regulatory compliance in the global market.