Bitcoin ETFs Rally Hits Day 6 With $609 Million Inflow

A buzzy AI startup just went under, and it might be the first domino to fall in exposing "AI washing" – the shady practice of companies pretending their tech is fully automated when humans are actually doing the heavy lifting behind the scenes. Turns out, you can't hype your way to profitability forever.

Editor’s Note: This isn’t just about one startup failing—it’s a wake-up call. Investors and consumers are getting wise to inflated AI claims, and companies that rely on smoke-and-mirrors automation could face a reckoning. If this trend holds, we might finally see less BS in AI marketing... or at least more creative lies.

Binance CEO Richard Teng is sounding the alarm for crypto skeptics, warning that Bitcoin’s five-year bull run shouldn’t be ignored. He’s essentially saying, "If you’ve been sitting on the sidelines, you might regret it"—pointing to the potential for even bigger gains ahead. The message is aimed at both cautious investors and institutions still hesitant about diving into crypto.

Editor’s Note: Teng’s comments aren’t just hype—they reflect a broader shift in how Bitcoin is perceived. Once seen as a risky gamble, it’s now gaining legitimacy as a long-term asset. His warning matters because it’s not just about FOMO; it’s a nod to how crypto is increasingly hard for traditional finance to ignore. Whether you’re a skeptic or a believer, the market’s momentum is becoming harder to dismiss.

A Swedish healthcare company saw its stock surge by 37% after announcing its first-ever Bitcoin purchase, while a Chinese electric vehicle seller revealed plans to buy 1,000 BTC. The moves signal growing corporate interest in cryptocurrency as both a strategic investment and a potential hedge against market volatility.

Editor’s Note: Big companies dipping into Bitcoin isn’t just a crypto-bro trend anymore—it’s becoming a legit business strategy. When firms outside the tech and finance sectors (like healthcare and EVs) start stacking BTC, it adds credibility to crypto as an asset class. For investors, it’s a sign that Bitcoin’s role in corporate treasuries is expanding, which could mean more price stability (or wild swings, depending who you ask). Either way, it’s a headline that’ll keep the crypto world buzzing.

Ethereum (ETH) is on the move again, bouncing off a solid support level at $2,500 and now eyeing a push toward $3,000. After clearing key hurdles at $2,550 and $2,620, the price is holding steady above $2,540 and the 100-hour moving average. A bullish trend line is forming on the hourly chart, suggesting momentum could build further—especially if ETH breaks past the $2,750 resistance.

Editor’s Note: For crypto investors, this isn’t just another blip—it’s a sign ETH might be gearing up for a bigger run. Breaking past $2,750 could signal stronger confidence in the market, potentially pulling in more buyers. Whether you’re trading or just watching, this move could set the tone for Ethereum’s near-term trajectory.

Bitcoin just smashed through its previous record, soaring past $111,000 and leaving short sellers—those betting on a price drop—in a painful spot. Over $320 million worth of their positions got wiped out in a single day as the crypto market rallied hard. This surge comes as a surprise to many who doubted Bitcoin’s rebound after its earlier slump.

Editor’s Note: This isn’t just another price jump—it’s a dramatic reversal that’s punishing skeptics and rewarding believers. When short sellers get squeezed this hard, it can fuel even more upward momentum as they scramble to cover losses. For crypto markets, it’s a sign that volatility is far from over, and Bitcoin’s resilience is still turning heads. If you’re invested (or just watching), buckle up—this ride isn’t slowing down yet.