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Bitcoinin Cryptocurrency
2 hours ago

Bitcoin's sharp drop below $115K triggered massive liquidations and trader exits, sparking fears of further declines, but potential rebound hopes linger amid the volatility.

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OpenAI raises $8.3B at $300B valuation

CointelegraphFriday, August 1, 2025 at 7:37:00 PM
PositiveCryptocurrencyArtificial Intelligence
OpenAI raises $8.3B at $300B valuation
OpenAI has secured a massive $8.3 billion in its latest funding round, with the company now valued at a staggering $300 billion. The New York Times reports that investor interest was so high that the round was five times oversubscribed, reflecting the booming demand for AI technologies.
Editor’s Note: This huge investment signals just how hot the AI market is right now. OpenAI's skyrocketing valuation shows that big-money investors are betting heavily on AI as the next major tech frontier. For the industry, this could mean even faster advancements and more competition—but it also raises questions about whether the AI hype is sustainable. Either way, OpenAI is now a heavyweight player in the tech world.
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Bitcoin’s $115K Struggle: Is a Deeper Drop on the Horizon?
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Bitcoin’s $115K Struggle: Is a Deeper Drop on the Horizon?
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Editor’s Note: This kind of sharp downturn isn't just about price—it forces traders who bet on rising prices (via leveraged longs) to exit their positions, amplifying market volatility. For crypto investors, it’s a reminder of how quickly sentiment can shift and how risky high-leverage trading can be. If this trend continues, it could signal deeper market uncertainty.
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