VivoPower Acquires Ripple Shares and XRP in $100M Deal, First US-Listed Firm
The landscape for tech graduates in the US is undergoing significant challenges as artificial intelligence disrupts the job market, and major tech companies reduce their staff. The impact of these changes is evident in the struggle faced by graduates seeking employment in the industry.
In contrast to the global trend, China has seen a 5% increase in robot installations, defying the declining numbers seen elsewhere around the world. This growth highlights China’s commitment to technological advancement and automation in various sectors.
Following the recent launch of ChatGPT-5, entrepreneur Sam Altman responded to the backlash surrounding the new technology. The development of ChatGPT-5 signifies the continuous evolution of AI and machine learning, sparking discussions about its implications on communication and interaction.
Despite a 16% revenue growth in Q2, SMIC (SMIC) stock witnessed a 4.34% fall, indicating the complex dynamics of the stock market and investor sentiment in response to financial performance.
In the cryptocurrency market, Ethereum’s price shows bullish momentum, aiming for $5,000 after breaking significant resistance levels. Similarly, analysts predict Chainlink’s price to reach $98, foreseeing a bullish breakout in the near future.
Post-lawsuit, XRP’s price climbed, prompting discussions among analysts about the possibility of reaching a $10 target. The cryptocurrency market remains volatile, with various altcoins, including Ethena (ENA), attracting attention from analysts who weigh in on their price predictions.
Bitcoin miner MARA announced a $168 million deal to acquire Exaion stake in AI infrastructure, aligning with the growing prominence of AI technologies in various industries. Historic signals pointing towards a potential explosive phase in Bitcoin’s price have once again emerged, attracting attention from investors and analysts.
El Salvador’s approval of a law to allow investment banks to handle Bitcoin transactions reflects the country’s support for cryptocurrency adoption and integration into its financial system. Eric Trump’s warning to bears indicates optimism about Bitcoin and Ethereum’s surge potentially leading to losses for short sellers.
In the blockchain and crypto space, VivoPower is set to acquire $100 million in Ripple shares for XRP exposure, suggesting the company’s strategic investment in digital assets. T-REX has launched a 2X ETF for Galaxy Digital Traders, introducing new investment opportunities within the cryptocurrency market.
Coinbase’s expansion of crypto access with DEX trading and base-native tokens signifies the platform’s efforts to increase user engagement and support a diverse range of digital assets. Additionally, Sygnum Bank’s partnership with Sui Foundation aims to accelerate the institutional growth of the SUI blockchain, highlighting collaborations within the blockchain ecosystem to drive innovation and adoption.
