According to a recent analysis by Bitunix, the ongoing tariff pressures initiated by the Trump administration have contributed to heightened volatility within the cryptocurrency market. Market participants are advised to
Crypto-backed mortgages are revolutionizing real estate financing by enabling homeowners to leverage digital assets like Bitcoin and Ethereum as collateral without liquidating their holdings. This innovative financing method bridges the
On July 3, investor interest in spot Bitcoin and Ethereum exchange-traded funds (ETFs) traded in the US increased again. $751 Million Net Inflows into Spot Bitcoin and Ethereum ETFs on July 3 Spot Bitcoin ETFs recorded a total net inflow of $602 million, while Fidelity’s FBTC fund received the most inflows with $237 million. Spot Ethereum ETFs also saw strong performance, with daily net inflows totaling $149 million. All funds saw positive flows, with Grayscale’s ETHE fund alone seeing net outflows of $5.35 million. This data shows that investor interest is rapidly recovering following the $342 million outflow in spot Bitcoin ETFs on July 2. Experts say that despite short-term fluctuations, there is still strong institutional demand for ETFs, which could put upward pressure on crypto assets. The intense interest in crypto ETFs is considered an important indicator at a time when the market is searching for new catalysts. As inflows into ETFs continue, the Bitcoin price was trading at $108,800 at the time of writing. *This is not investment advice. Continue Reading: As Bitcoin Tries to Break Above 110,000 Resistance, Heavy Inflows to ETFs Continue! Here is the Latest Data
Bitcoin’s price action is no stranger to stimulus-driven rallies. And now, with US President Donald Trump preparing to sign what he calls the “Big ...
BitcoinWorld Ilya Sutskever Takes Bold Step to Lead Safe Superintelligence The landscape of Artificial Intelligence is constantly shifting, and a monumental development has just sent ripples through the tech world. Ilya Sutskever , a visionary co-founder of OpenAI, has officially stepped into the chief executive role at Safe Superintelligence (SSI), the ambitious AI startup he launched earlier this year. This pivotal announcement follows the departure of SSI’s co-founder and CEO, Daniel Gross, marking a significant leadership transition that could redefine the pursuit of truly safe and powerful AI. For those tracking the intersection of cutting-edge technology and its potential impact on digital economies, this move signals a crucial phase in the race for advanced Artificial Intelligence . Ilya Sutskever’s New Vision for Safe Superintelligence In a recent post on X, Ilya Sutskever confirmed his new position, alongside the news that Daniel Gross, his co-founder and former CEO of Safe Superintelligence, officially departed the company on June 29. Daniel Levy, another co-founder, will now serve as president. Sutskever’s confident tone resonated through his statement, addressing swirling rumors about potential acquisitions: “You might have heard rumors of companies looking to acquire us. We are flattered by their attention but are focused on seeing our work through. We have the compute, we have the team, and we know what to do. Together we will keep building Safe Superintelligence .” This statement is designed to reassure investors and talent alike that SSI remains steadfast on its singular mission. Unlike many AI companies that diversify into various products, Safe Superintelligence describes itself as the world’s “first straight-shot SSI lab.” This means their entire focus, their very identity, is dedicated solely to developing safe superintelligence without distractions or alternative product lines. This singular focus underscores the immense challenge and dedication required for their groundbreaking goal. The Evolving Landscape of AI Leadership: What Does Gross’s Exit Mean? The departure of Daniel Gross, a seasoned figure who previously led AI teams at Apple, raises questions about the dynamics within SSI and the broader AI leadership arena. Reports suggest that Meta CEO Mark Zuckerberg was in advanced talks to bring Gross, along with his longtime investing partner Nat Friedman, into Meta’s burgeoning AI division. At one point, there were even whispers of Zuckerberg attempting to acquire all of Safe Superintelligence, a startup recently valued at a staggering $32 billion. Gross’s potential move to Meta Superintelligence Labs would offer him a more familiar role, developing technology to power a vast array of Meta’s products for billions of users, a stark contrast to SSI’s niche, singular objective. This development highlights the intense competition for top Artificial Intelligence talent. Zuckerberg has been aggressively recruiting leading researchers from OpenAI and Google DeepMind to bolster his new AI team, indicating a clear strategic push for Meta to become a dominant force in the AI space. The shifting allegiances of prominent figures like Gross are a testament to the high stakes and rapid evolution characterizing the current AI industry. OpenAI Co-founder’s Journey: From Rift to New Frontier Ilya Sutskever ‘s journey to leading Safe Superintelligence is particularly noteworthy given his recent past. As a co-founder of OpenAI, he played a central role in the brief, dramatic ousting of CEO Sam Altman, an event that captivated the tech world. His subsequent departure from OpenAI and the immediate launch of SSI underscored his unwavering commitment to the concept of safe superintelligence. This background provides crucial context for his current role; it suggests a profound conviction in the importance of SSI’s mission, potentially even more so than the broader ambitions of his former company. His decision to create a dedicated lab, focused exclusively on safety from the outset, reflects a deep-seated belief in the critical need to manage the immense power of advanced Artificial Intelligence responsibly. For Sutskever, the pursuit of Safe Superintelligence is not merely a business venture but a foundational endeavor for humanity’s future. His leadership, now as CEO, signals a doubling down on this commitment. Navigating Challenges in Artificial Intelligence Development While Ilya Sutskever ‘s confidence is evident, his new role as CEO of Safe Superintelligence comes with significant challenges. As OpenAI’s chief scientist, his focus was primarily technical. The CEO role, however, demands a broader skill set, including the crucial tasks of raising new capital from investors and attracting and retaining top-tier talent in a highly competitive market. Gross’s departure, despite Sutskever’s reassurances, may naturally raise questions among potential investors and recruits about the startup’s stability and long-term trajectory. Sutskever’s continued oversight of SSI’s technical team is a strong point, leveraging his core expertise. However, balancing technical leadership with the demands of corporate governance, fundraising, and strategic partnerships will be a new test. The unique, singular focus on Safe Superintelligence , while a strength in terms of clarity, could also present challenges in terms of market perception and immediate revenue generation, which traditional investors often seek. Ensuring the company maintains its momentum and fulfills its ambitious promise will require exceptional leadership and strategic acumen from Sutskever. The Path Forward for Safe Superintelligence Ilya Sutskever ‘s ascension to CEO at Safe Superintelligence marks a pivotal moment for the company and for the broader field of Artificial Intelligence . His unwavering dedication to developing AI that is not only powerful but also inherently safe positions SSI at the forefront of one of humanity’s most critical technological quests. While the departure of Daniel Gross introduces new dynamics, Sutskever’s leadership signals a clear, focused path forward. The world will be watching closely as SSI endeavors to achieve its ambitious goal, potentially shaping the very future of how we interact with and develop advanced AI systems. To learn more about the latest AI leadership trends, explore our article on key developments shaping artificial intelligence’s future. This post Ilya Sutskever Takes Bold Step to Lead Safe Superintelligence first appeared on BitcoinWorld and is written by Editorial Team
Discover platforms offering crypto-backed mortgages, allowing you to use digital assets like BTC and ETH to finance real estate purchases without selling your holdings.
XRP's surge in new users shows clear trend: Asset is still interesting
Bitcoin tests $110,000 resistance with potential volatility ahead. The $100,000 threshold is crucial for supporting a bullish market. Continue Reading: Bitcoin Tests New Heights: Analysis of Market Dynamics and Predictions The post Bitcoin Tests New Heights: Analysis of Market Dynamics and Predictions appeared first on COINTURK NEWS .
Bitcoin fell below $100,000 in June due to the tensions in the Middle East. However, following the positive news, it rose to $109,000. After a highly volatile June, investors turned to July for bullish sentiment. At this point, one analyst said that options traders are betting on a major July bullish trend in Bitcoin and Ethereum. Sean Dawson, head of research at derivatives exchange Derive.xyz, said that implied volatility for Bitcoin (BTC) and Ethereum (ETH) decreased in June, leading investors to expect a sharp rally in July, The Block reported. “Bitcoin and Ethereum also experienced major declines on June 13 and 22, when tensions in the Middle East escalated. But temporary volatility spikes showed us that markets were betting on a limited decline. And that's exactly what happened. The decline was temporary and BTC, ETH recovered.” At this point, Dawson said that the decrease in volatility and the limited decline in June motivated option investors to move upwards. Dawson stated that Drive.xyz options data presents a relatively more balanced outlook for Bitcoin but shows stronger bullish momentum for Ethereum. According to the data, approximately 80% of July call options for Ethereum are above $3,000. “Traders are betting on a big July with subdued volatility and bullish position splits All eyes are now on the Fed, macro data and further geopolitical developments. ETH has a stronger momentum narrative, but BTC's options market is at a turning point. “Because nearly half of all open interest expiring on July 25 is in calls at $130,000 to $135,000, and the other half is in puts at $85,000 to $90,000. That equates to a major breakout for BTC.” *This is not investment advice. Continue Reading: What to Expect for Bitcoin (BTC) and Ethereum (ETH) in July? Will There Be a Big Rise? Analyst Explains!
Solana meme coins are undoubtedly in the middle of a strong rally, with $USELESS leading the charge. This new crypto, which is quite literally a satirical take on the meme coin space, has gained over 85% over the past 7 days and an eye-watering 209% in the last 30 days. Despite having no real utility or intrinsic value, $USELESS now commands around 4% of the Solana ecosystem mindshare, with a market capitalization of $225M, showing how powerful community sentiment and viral momentum can be. And $USELESS isn’t alone. A flurry of Solana meme coins has been lighting up the charts in recent weeks. Keep reading to learn more about them. We’ll also suggest one new contender, Snorter Token ($SNORT) , that could deliver outsized gains and help you ride the wave. Solana Meme Coins Are Booming In addition to $USELESS, other Solana-based tokens have also seen explosive growth. $PENGU has surged roughly 68% in the past week , capturing 10% of the Solana ecosystem’s mindshare, while $BONK has rallied over 24% in the same period. Data from Dune shows that Pump.fun, Solana’s meme coin launchpad, leads all platforms in metrics like daily token launches and active addresses . This highlights Solana’s ability to handle large-scale retail adoption with unmatched speed and efficiency. Plus, the launchpad is reportedly preparing for a token sale of its own, looking to raise a whopping $1B. With new meme coins launching daily and the Solana ecosystem gaining traction, investors are now looking for the next best crypto to invest in , one that hasn’t already pumped but shows serious upside potential. Enter Snorter Token ($SNORT) . Backed by real utility and riding the same wave that’s propelled $USELESS and $PENGU, it could be the next crypto to explode . What is Snorter Token? $SNORT is the token behind the Snorter Bot, a fresh Telegram-native trading bot designed to help retail meme coin traders snipe liquidity in newly listed tokens. Conventionally, institutional traders have had the upper hand when it comes to sniping new meme coins before they pump, which they usually do soon after listing. Thanks to Snorter Bot’s automated sniping, though, even the average Joe will be able to buy meme coins when they’re piping hot and benefit from the initial pump. Refreshingly Simple Yet Mighty Secure The best part? While it’ll work just as well as a high-end trading tool, Snorter Bot promises an accessible and easy-to-use interface. For instance, you’ll be able to place buy/sell limits and stop orders directly from Telegram chat. No complicated dashboards. No confusing UI. And don’t be mistaken into thinking that Snorter’s emphasis on ease of use has come at the cost of essential privacy and security features. In fact, the bot will come equipped with a comprehensive security suite, including front-running protection and priority execution. Additionally, Snorter will independently verify every token before allowing its users to place any trades — shielding you from scams, including honeypots and rug pulls, as well as sandwich attacks. Benefit from Seasoned Pros with Snorter’s Copy Trading Feature There are hundreds of meme coins on Solana alone, making it impossible for you to stay on top of every lucrative opportunity on your own. That’s where Snorter’s copy trading feature comes in. It’ll let you link your wallet with top-performing traders and automatically mimic their trades. Whether you’re short on time or expertise, or perhaps you just want a proven edge, Snorter’s copy-trading feature will let you tap into professional expertise and paint your portfolio green. Buy $SNORT for Exclusive Perks & Outsized Gains For starters, $SNORT holders will only have to pay 0.85% as trading fees, compared to the 1.5% charged to non-holders. It’s worth noting that this is the lowest fee in the entire Telegram trading bot space, with top rivals like Banana Gun and Bonk Bot charging upwards of 1%. Holding $SNORT will also mean you’ll unlock advanced analytics and get access to staking rewards (currently yielding a massive 231%) — plus, it’ll remove daily sniping limits. And then there’s the upside potential. According to our Snorter Token price prediction , this Solana meme coin could surge 1,900% and reach $1.96 by 2026, offering holders a chance to make brain-melting gains. Interested? Snorter is currently in presale, so you can grab it for a low price of $0.0971. The project has raised over $1.53M at the time of writing; for more information, check out the whitepaper . And check out our detailed guide on how to buy $SNORT for any help with making your first purchase. Bottom Line Solana’s meme coin scene is on fire, with tokens like $USELESS and $PENGU feeling the full force of community-driven hype and delivering explosive gains almost overnight. As interest from traders grows and buzz around recent ETF developments continues to build, Snorter Token ($SNORT) , a new crypto project offering the right tools to capitalize on the meme coin frenzy, could be the next breakout winner. However, make sure you do your own research before investing. After all, investments in crypto are risky, and none of the above is financial advice.