Bitcoin surpasses $24 million in pre-sale, hailed as top crypto by experts in 2025
Meta recently made headlines when it hired the co-founder of Thinking Machines after a failed bid of $1.5 billion. This move by Meta, formerly known as Facebook, showcases its ongoing efforts to expand its technological capabilities. The addition of the co-founder from Thinking Machines is seen as a strategic move to enhance Meta’s AI and machine learning expertise.
In a separate development, OpenAI revealed its ambitious plan to build a $25 billion data center named “Stargate Argentina” in collaboration with Sur Energy. This initiative underscores the increasing importance of data infrastructure in the modern age, especially in the field of artificial intelligence and data processing.
Meanwhile, Apple is reportedly nearing the acquisition of Prompt AI, a startup backed by UC Berkeley. This potential acquisition highlights Apple’s interest in bolstering its AI capabilities and incorporating innovative technologies into its products and services.
OpenAI also announced a significant milestone with a 30% improvement in the fairness of its ChatGPT model. This improvement reflects OpenAI’s commitment to ethical AI development and addressing concerns related to bias and fairness in artificial intelligence systems.
Shifting focus to the cryptocurrency market, Bitcoin experienced its best quarter returns as $18 billion flooded into crypto ETFs in the third quarter of the year. This influx of capital signals growing interest and investment in the cryptocurrency market, despite ongoing volatility and regulatory challenges.
In the realm of altcoins, the price of Cardano (ADA) faced a market crash that could potentially set the stage for a 200% rally in the fourth quarter. This price movement underscores the volatility and speculative nature of cryptocurrency markets, where significant price swings are not uncommon.
In a separate incident, Binance encountered a display bug that caused token prices to show as $0 during a market crash. While technical glitches are not uncommon in the cryptocurrency space, they can have significant implications for traders and investors.
Solana (SOL) also experienced price fluctuations, with questions arising about whether $170 could be the bottom before reaching all-time highs. The volatility of Solana’s price underscores the unpredictable nature of cryptocurrency markets and the potential for significant price movements in either direction.
Amidst these developments, Steak ‘n Shake decided to halt its plans involving Ether following backlash from the Bitcoin community. This decision reflects the influence and power of online communities in shaping business decisions and strategies.
In a separate development, former President Trump joined the ranks of Bitcoin billionaires with an estimated $870 million in crypto holdings. This move highlights the increasing mainstream acceptance and adoption of cryptocurrencies among public figures and institutions.
Furthermore, Trump softened his stance on China tariffs as crypto markets recovered from a $19 billion liquidation event. The interconnectedness of global politics and financial markets with the cryptocurrency space demonstrates the complex and evolving landscape of digital assets.
In other news, experts have raised doubts about Standard Chartered’s prediction of a $1 trillion stablecoin market. These challenges underline the uncertainties surrounding stablecoins and regulatory concerns in the cryptocurrency industry.
On a different note, South Africans can now pay with crypto at 650,000 stores through a Scan to Pay network, showcasing the increasing adoption and usage of cryptocurrencies in everyday transactions.
Additionally, Fasset received a license in Malaysia to launch the first Islamic digital bank, indicating the growing interest in Islamic finance within the digital banking sector.
Lastly, Tether made headlines with its board picks and a $129 million boost, signaling the stablecoin’s efforts to reinforce its governance and financial backing.
As the technological landscape continues to evolve, these developments in AI, cryptocurrency, and digital banking highlight the ongoing innovations and transformations shaping the future of digital industries.
