Greyscale’s XRP ETF approved; XRP price might hit $100 by 2028

During a recent state visit with tech leaders, former President Donald Trump expressed concern about artificial intelligence (AI) and its potential to “take over.” This warning comes at a time when AI is rapidly advancing and being integrated into various aspects of society. Trump’s comments serve as a reminder of the importance of considering the ethical and societal implications of AI development.

In a separate development, Masayoshi Son, the founder of SoftBank Group, is making significant investments in AI through the Vision Fund. As part of this initiative, the Vision Fund is restructuring its workforce to focus more on AI technologies. Son’s bold move underscores the growing importance of AI in shaping the future of industries and economies worldwide.

Meanwhile, graphics processing unit (GPU) manufacturer Nvidia has made a strategic decision to bring on the CEO of Enfabrica in a $900 million move. This acquisition highlights the company’s commitment to expanding its expertise in AI and other cutting-edge technologies. Nvidia’s investment in AI reflects the growing demand for advanced computing solutions in various sectors.

On the international front, Belgium and Kazakhstan are engaged in discussions to strengthen ties in digitalization and AI. As countries increasingly recognize the strategic importance of AI, partnerships like these are essential for fostering innovation and collaboration on a global scale. The dialogue between Belgium and Kazakhstan signals a shared commitment to leveraging AI for economic and social progress.

In the cryptocurrency space, XRP whales recently moved over $800 million in a 24-hour period, causing speculation about potential price swings. The crypto market, including XRP, is known for its volatility, and large transactions like these can impact prices significantly. Analysts are closely monitoring the situation to predict possible market movements.

Similarly, the crypto market experienced a retreat as the “Uptober” rally lost momentum ahead of October. This pullback comes after a period of sustained growth in various cryptocurrencies, prompting investors to reassess market conditions. Uncertainty looms over whether the rally will continue or if a market correction is imminent.

On a positive note, the ASTER token saw a remarkable 7,000% gain following listings on major exchanges and an endorsement from CZ, the CEO of Binance. Such rapid price appreciation underscores the potential for value creation in the crypto space. As cryptocurrencies gain mainstream acceptance, tokens like ASTER can offer substantial returns to investors.

In another development, MetaMask’s mUSD stablecoin has reached a $65 million supply within the first week of its launch. Stablecoins play a crucial role in fostering stability and trust within the crypto ecosystem. MetaMask’s successful stablecoin launch demonstrates the growing demand for reliable and secure digital assets.

In the realm of corporate investments, Metaplanet emerged as the fifth-largest holder of Bitcoin with a $632 million purchase. The move further solidifies Bitcoin’s status as a valuable asset for corporate entities seeking to diversify their portfolios. As more companies like Metaplanet invest in Bitcoin, the cryptocurrency’s legitimacy and utility continue to rise.

Coinbase CEO announced plans to develop a financial super app that could potentially replace traditional banking services. This ambitious project aims to provide a comprehensive suite of financial products to users within a single platform. As crypto companies expand their offerings, they are poised to disrupt the traditional financial industry.

Meanwhile, MicroStrategy CEO Michael Saylor hinted at more Bitcoin purchases as the company’s stock hit a new low. Saylor’s continued bullish stance on Bitcoin highlights his belief in the long-term potential of the cryptocurrency. Despite market fluctuations, prominent figures like Saylor remain confident in Bitcoin’s value proposition.

Lastly, Bitcoin experienced a price crash below $112,000, resulting in liquidations totaling $1.7 billion. Such price volatility is not uncommon in the crypto market, known for its rapid ups and downs. Traders and investors are closely watching Bitcoin’s next move to gauge the direction of the broader market.

In academic partnerships, Columbia University and the Ethereum Foundation launched a $6 million blockchain research hub. This collaborative effort aims to advance research and development in blockchain technology, opening up new possibilities for innovation in the field. By combining academic expertise with industry insights, initiatives like this could shape the future of blockchain technology.

Furthermore, SBI Shinsei partnered with Partior and DeCurret to explore tokenized deposits, signaling a growing interest in digital assets and blockchain applications in traditional finance. These collaborations highlight the potential for blockchain technology to revolutionize financial services and create new opportunities for digital asset adoption.

In the fintech sector, MoonPay acquired Meso to strengthen its global presence and enhance its crypto services. As fintech companies expand their capabilities, they are better positioned to meet the evolving needs of users in the digital economy. Strategic acquisitions like this enable companies to leverage synergies and drive growth in the competitive fintech landscape.

Moreover, Robinhood Ventures Fund I is enabling retail investors to access private markets, democratizing investment opportunities traditionally reserved for institutional players. This innovative approach to investment diversification reflects a broader trend towards empowering individual investors through technology-driven solutions