This content is provided by a sponsor. PRESS RELEASE. Geneva, Switzerland, August 25, 2025 – TRON DAO, the community-governed DAO dedicated to accelerating the decentralization of the internet through blockchain technology and decentralized applications (dApps), proudly served as the Title Sponsor of the second UK AI Agent Hackathon, hosted by the Imperial Blockchain Group from
Tron (TRX) has been gaining significant attention recently, both for its strong fundamentals and its steady price action within a clearly defined uptrend. Despite market volatility across the crypto sector, Tron has consistently demonstrated resilience, supported by its growing ecosystem and dominance in the stablecoin market. One of the key drivers of this momentum is Sunswap, the leading decentralized exchange (DeX) on the Tron network. According to CryptoQuant data, Sunswap continues its rapid ascent, crossing major milestones in transaction activity and user adoption. The platform is now natively integrated into several widely used wallets, including BitgetWallet, TrustWallet, and TronLink, making it easier for millions of users to access Tron’s DeFi ecosystem seamlessly. In addition to DeFi growth, Tron has established itself as the primary hub for USDT supply, with over $80 billion of Tether circulating on the blockchain. This leadership in stablecoin adoption underscores Tron’s role as a backbone of liquidity in crypto markets, facilitating fast and cost-efficient transactions. Sunswap Transactions Point To Growing Strength In Tron According to top analyst Darkfost, Sunswap has now surpassed a major milestone with over 16 million transactions since its launch, cementing its role as Tron’s leading decentralized exchange. Despite a volatile market in 2025, Sunswap’s weekly transaction count has remained remarkably steady, showcasing resilience and consistent user activity. This strength is further reflected in Tron’s active addresses, which have now exceeded 2.5 million, a figure that continues to trend upward in a stable manner. Sunswap’s growth is not only about volume but also about diversification. The platform has been expanding its offering by listing more tokens, including TRUMP, the token tied to US President Donald Trump, which has gained attention among traders. This diversification reflects Sunswap’s adaptability and ability to capture interest across different market narratives. Looking back at 2024, transactions involving the top 20 tokens exceeded 12 million, with WTRX and USDT dominating activity. However, other tokens like SUNDOG and JST also had a noticeable presence, while the share of smaller tokens labeled as “OTHERS” grew. In 2025, with more than 6 million transactions already recorded, the trend is shifting. The dominance of WTRX appears to be decreasing, while newer entrants such as LMTV, SUNDOG, and JST are gaining traction. This transition highlights Sunswap’s evolving ecosystem, where trading activity is becoming more evenly distributed across a broader set of assets, signaling a healthier and more sustainable DeFi environment on Tron. TRX Price Analysis: Testing Support The 4-hour chart of Tron (TRX) shows the asset consolidating after an extended uptrend, with price currently trading near $0.3518. The short-term structure remains bullish, but momentum is slowing as TRX tests its 50-period moving average around $0.3550. This zone is acting as immediate resistance, while the 100-period SMA at $0.3520 is serving as dynamic support. Over the past month, TRX has consistently made higher highs and higher lows, confirming a bullish market structure. However, the recent sharp rejection from the $0.37 level highlights increasing selling pressure near local highs. A failure to defend the 100-SMA could expose the 200-SMA around $0.3390, which aligns with a stronger support area. If bulls manage to hold above $0.3520 and reclaim the 50-SMA, a retest of $0.365–$0.370 is likely, potentially opening the door for a breakout toward new highs. Conversely, a breakdown below $0.3390 would suggest deeper consolidation, potentially dragging TRX toward the $0.32 region. The trend remains intact, but momentum indicators suggest caution as the market consolidates after its strong rally. The coming sessions will be crucial in determining whether TRX resumes its uptrend or enters a corrective phase. Featured image from Dall-E, chart from TradingView
The XRP price action continues to dominate analysts’ discussions as bullish technical setups point toward a potential breakout. Popular crypto analyst Dark Defender has shared insights that reinforce this bullish sentiment, noting that regardless of which technical framework traders apply, the outcome points to the same conclusion: XRP is poised to explode. XRP Price Predicted To Explode Soon Dark Defender has declared that “all roads lead to Rome” as XRP’s long-awaited Cup and Handle formation is now nearing completion. On the weekly chart, XRP successfully carved out a rounded cup portion after months of consolidation. The cryptocurrency is finishing the “handle” portion of the pattern, a final corrective move before a potentially powerful breakout. Related Reading: The End To The XRP Price Pullback? Here’s When To Buy In addition to the Cup and Handle pattern, Dark Defender highlighted in his post on X social media that Elliott Wave analysis aligns with this bullish theory. The ABC correction within the handle suggests that XRP may have already finalized its retracement, now positioning itself higher for the next impulsive wave. Fibonacci retracement levels further confirm this setup, with price action reportedly holding firmly above the 23.06% retracement at $2.85 and establishing strong support for the next move. Dark Defender emphasized that the next major target for XRP could be as high as $5.85, corresponding with the 261.8% Fibonacci Extension level. According to the analyst, the convergence of multiple technical methods—whether through the Cup pattern, historical patterns, or Elliott Wave—all confirm the same bullish outcome for XRP. Bull Flag Scenario Repeats Another critical factor adding to the bullish sentiment is XRP’s possible repeat of a Bull Flag formation that has historically preceded breakouts. In a new analysis on X, Dark Defender referenced a scenario from November 2024, when XRP was trading at $1.13. At the time, the analyst anticipated a move toward $2.40 based on a Bull Flag setup. That pattern played out successfully, with the cryptocurrency’s price rallying exactly as predicted. Related Reading: Key Levels To Watch In Light Of XRP’s Macro Future Now, XRP appears to be setting up for a repeat performance. On the current weekly chart, the cryptocurrency is consolidating within another Bull Flag following a sharp upward leg. The flag is tightening just above the $3 mark, with immediate support levels at $3 and $2.85. Dark Defender indicated that holding these levels is critical, as it could validate the bullish continuation pattern and potentially set the stage for the next breakout. Based on the analysis, the upside targets of this Bull Flag formation are substantial. Fibonacci extensions identify XRP’s next bullish targets at $3.35 (70.2%), $4.39 (161.8%) and an ultimate move toward $5.85 (261.8%). Dark Defender has highlighted that this repeating pattern is a clear signal that XRP is getting ready for its next major bullish phase, just as it did in late 2024. Featured image from Getty Images, chart from Tradingview.com
BitcoinWorld Elon Musk’s xAI Unleashes Shocking Lawsuit Against Apple & OpenAI Over AI Monopoly In a move that has sent ripples across the technology and cryptocurrency landscapes, Elon Musk ’s artificial intelligence venture, xAI, has filed a groundbreaking lawsuit against tech titan Apple and generative AI leader OpenAI. This legal challenge, alleging anticompetitive collusion, spotlights the intense battle for dominance in the rapidly evolving AI sector, a domain increasingly intertwined with the future of decentralized technologies and digital assets. For those tracking the pulse of innovation, this dispute is more than just corporate drama; it’s a critical indicator of how power dynamics in AI could shape the very infrastructure upon which future crypto applications are built. Elon Musk’s xAI Takes on Tech Giants: A Bold Allegation The lawsuit, filed by X and Elon Musk ’s xAI, accuses Apple and OpenAI of forming an unholy alliance designed to stifle innovation and competition. The core of the complaint revolves around Apple’s recent partnership with OpenAI, which aims to integrate ChatGPT into Apple’s operating systems. According to the filing, this collaboration is a ‘desperate bid to protect its smartphone monopoly’ by Apple, aligning with OpenAI, which xAI labels ‘a monopolist in the market for generative AI chatbots.’ Musk, a co-founder and former co-chair of OpenAI, has been a vocal critic of the company’s trajectory, particularly its transition from a non-profit, open-source initiative to a for-profit entity. His public jabs at OpenAI CEO Sam Altman are well-documented, fueling a long-standing personal and ideological rivalry. This lawsuit is not an isolated incident but rather the latest salvo in Musk’s campaign against what he perceives as a deviation from OpenAI’s original mission and a threat to open AI development. He previously attempted to block OpenAI’s for-profit pivot and even made an unsolicited $97.4 billion bid to acquire the company, which was rejected. The allegations extend beyond just the partnership. Musk has previously used his platform on X to claim that it’s ‘impossible for any AI company besides OpenAI to reach #1 in the App Store,’ suggesting a systemic bias that favors OpenAI. This perspective raises crucial questions about platform neutrality and the potential for tech giants to leverage their ecosystems to control emerging markets like AI, a concern that resonates deeply within the decentralized ethos of the crypto world. Unpacking the xAI Lawsuit: What Does it Mean for AI Competition? The lawsuit brought by xAI centers on the principle of fair competition within the burgeoning AI industry. At its heart, it argues that the Apple-OpenAI partnership creates an unfair advantage, effectively locking out other innovative AI developers and models from reaching a vast user base. This claim suggests a scenario where Apple, with its immense market penetration through iPhones and other devices, could become a gatekeeper for AI distribution, channeling users towards a single, dominant provider. To understand the gravity of these claims, consider the following points: Ecosystem Control: Apple’s integration of ChatGPT means that millions of users will have OpenAI’s technology seamlessly embedded into their daily digital lives, potentially without even realizing they are using a specific AI model. This default positioning can be a powerful barrier to entry for competitors. Data Advantage: While the specifics of data sharing in the Apple-OpenAI deal are under scrutiny, such partnerships often lead to a feedback loop where the dominant AI model gains more user interaction data, further improving its capabilities and widening the gap between itself and competitors. Innovation Stifling: If smaller, independent AI developers cannot gain traction due to the dominance of established partnerships, it could reduce the diversity of AI solutions and slow down overall innovation, ultimately harming consumers. The lawsuit highlights a growing concern: as AI becomes more integrated into our digital infrastructure, the companies controlling its distribution and development gain immense power. This power, if unchecked, could lead to monopolies that dictate the terms of engagement for all future AI applications, including those critical for advancing blockchain technology and Web3 initiatives. Apple’s Strategic AI Alliance Under Scrutiny For Apple , the partnership with OpenAI was touted as a significant step forward in its AI strategy, promising to bring advanced generative AI capabilities directly to its users. Announced last June, with features expected to roll out in December, this collaboration aimed to bolster Apple’s position in the fiercely competitive AI landscape, where it has often been perceived as lagging behind rivals like Google and Microsoft, who have invested heavily in their own AI models. From Apple’s perspective, integrating a leading AI model like ChatGPT could enhance user experience, drive device sales, and keep its ecosystem competitive. The benefits are clear: immediate access to state-of-the-art AI without the massive research and development costs of building an equivalent from scratch. However, xAI’s lawsuit paints this strategic alliance in a far more critical light, portraying it as an anticompetitive maneuver rather than a benign technological advancement. The legal challenge forces Apple to defend its business practices and its role in shaping the future of AI. The company has historically faced antitrust scrutiny regarding its App Store policies and control over its ecosystem. This lawsuit adds another layer to those concerns, suggesting that Apple might be leveraging its platform dominance not just in apps but in foundational technologies like AI. The outcome could set a precedent for how tech giants form partnerships and integrate third-party services, particularly when those services are central to emerging technological paradigms. OpenAI’s Dominance Challenged: A Battle for AI Competition OpenAI , once a beacon of open-source AI research, has transformed into a commercial powerhouse, with its ChatGPT model becoming a household name. This rapid ascent to market leadership has inevitably drawn scrutiny, especially from competitors and regulators concerned about the concentration of power in the AI space. xAI’s lawsuit directly challenges OpenAI’s position, labeling it a ‘monopolist in the market for generative AI chatbots.’ This designation is a critical component of the anticompetitive claims. OpenAI’s journey from a non-profit to a capped-profit entity, and its subsequent massive investments from Microsoft, have fundamentally altered its operational philosophy. While OpenAI argues these changes were necessary to fund the immense computing power required for advanced AI development, critics like Elon Musk contend that it has deviated from its founding principles of ensuring AI benefits all of humanity, not just a select few. The current lawsuit brings these ideological battles into the legal arena, forcing a re-examination of what constitutes fair play in a rapidly evolving technological frontier. The concept of ‘ AI competition ‘ is at the core of this dispute. If OpenAI, through its partnership with Apple, gains an insurmountable lead, what does that mean for the thousands of other AI startups and researchers striving to bring their innovations to market? A monopolistic environment could: Limit Consumer Choice: Users might be funneled towards a single AI model, regardless of whether it’s the best fit for their needs or offers the most innovative features. Stifle Diverse Perspectives: A single dominant AI could embed biases or perspectives that are not representative of the global user base, hindering the development of truly inclusive AI. Concentrate Power: The control over advanced AI technology would be concentrated in the hands of a few, raising ethical and societal concerns about accountability and influence. The lawsuit underscores the urgent need for robust frameworks and regulations to ensure a healthy and diverse AI ecosystem, allowing for multiple players to innovate and contribute to the field. The Broader Implications for AI Competition and Beyond This high-profile lawsuit between Elon Musk ’s xAI and the formidable duo of Apple and OpenAI is far more than just a corporate spat; it represents a pivotal moment for the future of AI competition . The outcome could profoundly influence how artificial intelligence is developed, distributed, and integrated into our daily lives, with significant ramifications for various industries, including the cryptocurrency and blockchain sectors. Consider the potential ripple effects: Regulatory Scrutiny: This lawsuit will undoubtedly draw increased attention from antitrust regulators worldwide. Governments are already grappling with how to regulate big tech and emerging AI, and this case could accelerate calls for new laws or stricter enforcement of existing ones to prevent AI monopolies. Impact on Startups: A ruling in favor of xAI could empower smaller AI companies and foster a more open environment for innovation. Conversely, if Apple and OpenAI prevail, it might signal a consolidation trend, making it harder for new entrants to compete. Open vs. Closed AI: The case reignites the debate between open-source AI development and proprietary, closed models. Musk, through xAI, advocates for a more open approach, while OpenAI’s current strategy is largely proprietary. The legal battle could sway the pendulum in either direction. Decentralized AI: For the crypto community, this lawsuit highlights the importance of decentralized AI initiatives. If centralized AI platforms become too powerful or restrictive, decentralized AI solutions, often powered by blockchain, could offer a vital alternative, ensuring transparency, censorship resistance, and broader participation. Market Dynamics: The legal uncertainty could impact investor confidence in both established AI players and new ventures. Companies might rethink their partnership strategies, leading to a period of recalibration in the AI investment landscape. This lawsuit serves as a powerful reminder that the foundational principles of competition and fairness are as crucial in the digital frontier of AI as they are in traditional markets. The stakes are incredibly high, not just for the involved parties but for the entire technological ecosystem that relies on a vibrant, competitive, and innovative AI landscape. A Critical Juncture for the Future of AI The legal challenge mounted by Elon Musk ’s xAI against Apple and OpenAI marks a critical juncture in the evolution of artificial intelligence. It brings to the forefront deeply rooted concerns about market dominance, innovation stifling, and the very principles guiding AI development. As the world increasingly relies on AI for everything from personal assistants to complex financial algorithms, ensuring a level playing field for all developers and researchers is paramount. The outcome of this lawsuit will undoubtedly shape the regulatory environment, influence strategic partnerships, and ultimately determine the accessibility and diversity of AI technologies for years to come. For the crypto and blockchain communities, this battle for AI competition is a watchpoint, as the future of decentralized applications and Web3 heavily depends on an open and equitable AI landscape. To learn more about the latest AI market trends, explore our article on key developments shaping AI models and institutional adoption. This post Elon Musk’s xAI Unleashes Shocking Lawsuit Against Apple & OpenAI Over AI Monopoly first appeared on BitcoinWorld and is written by Editorial Team
According to breaking news, the SEC has postponed its decision on the Wisdomtree XRP Spot ETF application. *This is not investment advice. Continue Reading: BREAKING: SEC Provides a New Update on XRP Spot ETF Applications
The Gemini XRP credit card is a new rewards card from Gemini offering up to 4% back on gas, EV charging and public transport, 3% on dining, 2% on groceries
US-based investment firm Canary Capital has filed with the US Securities and Exchange Commission (SEC) for three new exchange-traded funds (ETFs) focused on the cryptocurrency market. The most notable of these is the Canary American-Made Crypto ETF (MRCA). The fund is planned to be listed on the Cboe BZX exchange. The Canary American-Made Crypto ETF will invest in crypto assets developed, issued, or operated in the United States. The fund will track the “Made-in-America Blockchain Index” and include US-origin cryptocurrencies. According to the filing, the ETF will be classified as a high-risk investment. The company also applied for two more ETFs: Trump Coin ETF Staked Injective ETF The move comes amid growing interest in US-based crypto projects. The fund aims to offer investors a focused alternative to the US blockchain ecosystem while also generating additional returns through staking rewards. Related News: What Do On-Chain Data Show on Ethereum (ETH) Now? Analysts Warned The fund will trade on the stock exchange under the symbol MRCA. Authorized participants will be able to buy and sell fund shares in blocks of specified sizes. Investors will be able to buy and sell shares on the secondary market. The altcoins predicted to be included in the index are as follows: XRP Solana (LEFT) Dogecoin (DOGE) Cardano (ADA) Chainlink (LINK) Stellar (XLM) Sui (SUI) Avalanche (AVAX) Litecoin (LTC) *This is not investment advice. Continue Reading: A First in History: Spot ETF Application Filed for US-Based Altcoins – Here Are the Likely Candidates
Crypto exchange- products (ETPs) recorded $1.43 billion of outflows last week. This brought an end to a two-week bull rally that brought in inflows of $4.3 billion. At the same time, most of the crypto coins were in red. Bitcoin had nosedived from above $116,000 on Aug.18 to $112,000 by the end of the trading week, while Ether dropped below $4,100 on Tuesday after starting the week at around $4,250. Bitcoin ETPs contributed the most outflows CoinShares’ head of research, James Butterfill, said the $1.4 billion in outflows from crypto funds were the biggest losses since March 2025. According to him, the Fed influenced these losses as investors anticipated a normal hawkish tone by Jerome Powell at Jackson Hole. However, Powell hinted at upcoming rate cuts, which sparked $594 million of inflows. In addition, trading volumes in ETPs surged to $38 billion. This is about 50% above the year-to-date average. Crypto ETP flows by asset as of Friday. Source: CoinShares Bitcoin ETPs contributed the most outflows, totaling more than $1 billion. On the other hand, Ethereum’s mid-week recovery limited its outflows to $440 million. In the last 30 days, Ethereum has recorded $2.5 billion of inflows, while Bitcoin has recorded $1 billion of net outflows. This has lifted Ethereum’s share of year-to-date asset-under-management inflows to 26%. This is higher than Bitcoin’s 11%. Meanwhile, XRP recorded the largest inflows at $25 million, followed by Solana with $12 million and Cronos with $4.4 million. Sui recorded outflows of $12.9 million, and Ton experienced outflows of $1.5 million. The crypto industry’s influence evolves The crypto market is in the red even after a dovish tone from the Fed chairman. This is the first time Powell has considered lowering interest rates since Trump took office. Unexpectedly, this excitement has not lasted long. Unlike earlier market correlations, FUD and FOMO, traders are making personal decisions away from the Fed, which still affects the market. To that end, an OG whale sold 24,000 BTC in a batch of transactions just a few hours apart, coins with a market value of more than $2.7 billion. Bitcoin tanked as a result, dropping from $115,000 to $111,000. Now, the concern centers on how a transaction like this can have such a calamitous impact on Bitcoin’s price in the first place. More so after a major announcement by Fed’s Powell. Are whales the main players now? Interestingly, some investors believe this whale may be selling off their BTC and snapping up ETH instead, and following in the footsteps of institutional ETF traders. As reported by Cryptopolitan, Japanese investment firm Metaplanet purchase of an additional 103 BTC, which brought the firm’s total holdings to 18,991 BTC, still suggests growing adoption and confidence despite price dips. However, currently, the market is at a standstill. The crypto coins are either steady or have shown minor declines in 24hours. ETH, which had just hit a new all-time high for the first time in almost four years, faced selloffs with the second-largest crypto coin dropping to $4,583. On-chain data now shows that it is 6.9% down from the record price established just hours earlier. Now, the $5,000 projections look like they are cruelly out of reach. KEY Difference Wire helps crypto brands break through and dominate headlines fast
B Strategy, a digital asset investment firm, announced plans to launch a $1 billion U.S.-listed company dedicated to holding BNB and fostering growth within its ecosystem, with strategic support from YZi Labs (formerly Binance Labs). Hong Kong’s B Strategy Targets U.S. Listing for BNB-Centric Treasury Company The initiative aims to create a publicly traded vehicle