xAI, Elon Musk’s artificial intelligence startup, has unveiled Grok 4, which it calls “the world’s most powerful AI model.” Alongside the launch, the company introduced a new SuperGrok Heavy subscription plan priced at $300 per month. The entrepreneur announced that the new AI can solve complex engineering problems whose solutions are not available on the internet or in books. “Grok 4 is at a level where it almost never gets math and physics questions on exams wrong—except when they are intentionally designed with a trick. It can identify errors or ambiguities in questions and either correct them or provide answers for all possible interpretations,” Musk said. During a live broadcast, Musk claimed that the new chatbot surpasses the level of a PhD in all subjects. “It may lack common sense at times, and it has yet to invent new technologies or discover new physics, but it's only a matter of time,” Musk added. Additionally, xAI introduced Grok 4 Heavy, a multi-modal version of Grok with enhanced performance. According to Musk, the neural network runs multiple agents to solve a problem simultaneously, then compares their answers to select the best result. Grok 4 performed well in several benchmarks, including Humanity's Last Exam—a test evaluating AI's ability to answer thousands of user-generated questions in math, humanities, and science. The chatbot scored 25.4% on this exam, outperforming Google’s Gemini 2.5 Pro (21.6%) and OpenAI’s O3 (21%). In the ARC-AGI-2 benchmark, Grok achieved a new advanced score of 16.2%. This test includes puzzle tasks where the AI must recognize visual patterns. Grok 4’s Performance in Benchmarks Benchmark Grok 4 Score Gemini 2.5 Pro OpenAI O3 Humanity's Last Exam 25.4% 21.6% 21% ARC-AGI-2 16.2% — — SuperGrok Heavy subscribers will gain access to the high-performance version of Grok and early trials of xAI’s products in development, including: A programming model A multimodal agent An AI video generator The new subscription plan will also offer: Advanced reasoning capabilities Programming tools Prioritized technical support Increased usage limits Features such as DeepSearch, Grok Studio, and Big Brain xAI is releasing Grok 4 via API, enabling developers to build applications on top of it. During the presentation, the team demonstrated Grok 4’s capabilities. The model can recognize video games and assess their addictiveness, as well as analyze data from X (formerly Twitter) and make predictions on Polymarket. The release comes amid controversy, as Grok recently drew criticism for making contentious statements. In July, after an update, the chatbot became more categorical and started issuing controversial and contradictory responses. xAI later stated it was working to remove inappropriate outputs. Previously, Grok made comments about the “white genocide” in South Africa without user prompting and questioned the number of Jews who died in the Holocaust. This behavior was attributed to “unauthorized modification of the prompt.”
Digital Commodities, a Canadian-listed entity, has successfully closed a $2 million private placement financing, signaling a strategic move to bolster its cryptocurrency portfolio. A portion of the raised capital is
Ethereum surged over 5% yesterday, pushing past the key $2,700 level and signaling renewed strength across the altcoin market. After weeks of sideways action and uncertainty, this move marks a small but significant breakout, reigniting bullish sentiment among investors and traders. The breakout comes as Bitcoin continues to consolidate below its all-time highs, allowing ETH and other altcoins to take the lead. Related Reading: Bitcoin 30-Day Average Funding Rate Drops – Bullish Setup Takes Shape Market participants are closely watching Ethereum’s price action, as its movements often set the tone for the broader altcoin space. Top analyst Ted Pillows shared a technical view highlighting that ETH is once again trading at the top of its recent range. A breakout above this level could confirm the beginning of a larger expansion phase for altcoins. With bullish momentum building and Ethereum holding strong above reclaimed support levels, traders are becoming increasingly confident that the altcoin market may be on the verge of a broader breakout. However, key resistance still lies ahead, and the next few days will be crucial in determining whether Ethereum has the strength to continue higher and lead a new leg up in the crypto cycle. Ethereum Trades at Range Highs: Breakout Looms Ethereum has spent the past several weeks consolidating in a well-defined range between approximately $2,400 and $2,800, a structure that began forming in early May. Despite short-term volatility, ETH has held key support levels, suggesting that bulls remain in control. Now, with price action pushing toward the upper boundary of the range once again, the market is watching closely to see whether Ethereum can break through resistance and initiate a sustained rally. The broader macroeconomic backdrop has shifted in favor of risk assets. In the US, strong labor market data and wage growth have helped ease concerns of an economic slowdown. Meanwhile, the resolution of several global geopolitical tensions has reduced uncertainty, allowing markets to stabilize. This supportive environment could give Ethereum the fuel it needs to attempt a breakout. Ted Pillows recently highlighted that Ethereum is now trading at the range highs again — a level that has repeatedly capped price advances in recent months. According to Pillow, a confirmed breakout above the $2,800 resistance would likely trigger renewed momentum for ETH and potentially spark a broader move across the altcoin market. Related Reading: Ethereum Price Action Signals Momentum Shift: BTC Sleeps And ETH Moves $2,800 Resistance Now In Sight Ethereum is showing renewed strength as it breaks out of a multi-week consolidation range, with the latest 12-hour candle closing above $2,760. The price action has decisively reclaimed the $2,700 level and is now testing the critical $2,800 resistance zone. This breakout is supported by a clear surge in volume, confirming bullish momentum. The 50, 100, and 200-period moving averages are all trending upwards and currently sit well below the current price, a strong technical sign of sustained momentum. ETH has moved above all three key SMAs, confirming that bulls are in control in the short to medium term. Notably, this is the highest ETH has traded since early June, and the candle structure resembles a classic continuation breakout setup. Related Reading: ERC-20 Stablecoin Supply Hits All-Time High At $121B – Liquidity On The Rise A successful daily close above $2,800 would open the door for an expansion toward the $3,000 level and potentially higher if momentum holds. However, the key now lies in whether buyers can sustain this move without immediate rejection at resistance. If ETH can hold above $2,700 and build support, the breakout could serve as a launchpad for altcoins, especially as Ethereum often leads broader market moves. Featured image from Dall-E, chart from TradingView
OPEC is sticking to its guns while everyone else is screaming climate emergency. The cartel now says global oil demand will hit 123 million barrels a day by 2050, up nearly 19% from today’s levels. That number is 3 million more than what the group said just last September. It dropped this projection in the latest World Oil Outlook , published Thursday. It says India will be the biggest driver of that demand, and President Donald Trump’s withdrawal from the Paris climate accord is part of the reason why fossil fuel use will keep rising. In the report, OPEC says: “The US withdrawal from the Paris Agreement will impact climate change negotiations and would most likely result in higher demand for hydrocarbons in general, and oil and gas in particular.” The group also claims that even a small increase in U.S. oil demand should be expected in the short term. Despite growing global pressure to phase out fossil fuels, the group is doubling down. It’s not considering a pivot to clean energy. It’s saying: more oil, for longer. OPEC fights the tide while forecasts tighten This view from OPEC puts it at odds with nearly every major energy forecaster. BP, Bank of America, the International Energy Agency, and Wood Mackenzie all say oil demand will peak in the next ten years. That’s mostly because China , which has been the world’s largest oil importer, is already cooling off. These forecasters believe slowing economic growth, improved fuel efficiency, and the global shift to renewables will cap demand. But OPEC’s not buying it. Despite being isolated in its position, it recently started boosting crude supply again. On July 5, the group announced it would return 548,000 barrels a day of idled supply in August. That’s four times what it originally planned. The markets didn’t panic. Brent crude stayed near $70 per barrel in London this week, giving the cartel some fuel for its bullish call. Still, this wouldn’t be the first time it has missed. Its Vienna-based secretariat had predicted much higher oil demand in 2024, only to cut forecasts by 32% over six straight months. In 2023, it imposed deeper output cuts, insisting inventories were tight, but the squeeze never happened. Now, it is projecting oil consumption to rise 9% between 2024 and 2030. That’s the same estimate as last year. But this time, it is backing it with more long-term figures. The report says the growth will come mostly from road transport, petrochemicals, and aviation. And India is expected to take the lead, adding 8.2 million barrels a day by 2050. India and OPEC+ expected to dominate the growth While demand is expected to rise, OPEC says its influence will too. The OPEC+ alliance, which includes Russia, Kazakhstan, and other partners, will go from controlling 48% of the global oil market today to 52% by 2050. The shift is expected as production growth from other countries slows down. Meanwhile, outside OPEC’s report, the U.S. Energy Information Administration said on Wednesday that U.S. crude stocks rose last week, but gasoline and distillate inventories dropped. Gasoline demand shot up 6%, reaching 9.2 million barrels a day, a sign that American drivers aren’t going electric just yet. There’s more: oil prices slipped Thursday after President Trump announced new tariffs . Traders are worried this could slow the global economy and drag down demand. By 0052 GMT, Brent crude futures were down 22 cents to $69.97 a barrel, while U.S. West Texas Intermediate lost 27 cents, landing at $68.11 a barrel. But one area where demand isn’t slowing is the sky. J.P. Morgan, in a client note, said that global flight activity hit an all-time high during the first eight days of July, with 107,600 flights per day. Flights in China are back to levels not seen in five months. And freight traffic? Still growing, with ports and cargo hubs showing what J.P. Morgan called “sustained expansion” over last year’s numbers. OPEC is pushing against a wall of doubt, but it’s not blinking. It believes oil isn’t going anywhere, and the bloc is planning for a future where it’s needed even more than today. The rest of the world might call it denial. OPEC calls it a strategy. Cryptopolitan Academy: Coming Soon - A New Way to Earn Passive Income with DeFi in 2025. Learn More
Epic $10,000 Ethereum (ETH) price prediction revealed by BitMex founder Hayes
Samson Mow and Charlie Lee engage in a Bitcoin price discussion
On July 10, DDC Enterprise Limited (NYSE: DDC) revealed a strategic collaboration with Animoca Brands through a non-binding memorandum of understanding (MoU). This alliance aims to leverage combined expertise to
The Venn Network team suspects the attack was linked to the North Korean Lazarus Group, citing its complexity and widespread deployment.
Polkadot's DOT (DOT) surged as much as 5% in the last 24-hours, climbing from $3.52 to $3.70 as bulls dominated the session, according to CoinDesk Research's technical analysis model. The model showed that a key breakout occurred at 19:00 on July 9, with DOT spiking to $3.63 on heavy volume of 4.21 million. The rally in Polkadot came as the wider crypto market also rose, with the broader market gauge, the CoinDesk 20, recently up 3.5%. Bitcoin, the world's largest cryptocurrency, was approaching all-time highs at $112,000. In recent trading, DOT was 3.5% higher over 24 hours, trading around $3.67. Technical Analysis: Robust volume-based support established around $3.54 during the 18:00-21:00 surge on 9 July. Key resistance levels identified at $3.69-$3.70 where price encountered dual reversals during the session. Conventional support formed at $3.49 during the 14:00 session decline on 9 July. Critical support established around $3.68 levels during the 60-minute bearish pressure period. Momentum indicators signal oversold conditions suggesting potential consolidation. Elevated trading volumes exceeded 4.2 million during the principal rally phase.
XRP price has surpassed seven-week high