GrantiX Brings $1.57 Trillion Impact-Investing Market On-Chain Through AI-Powered SocialFi Platform

Ripple's U.S. dollar stablecoin has reached an impressive $1 billion milestone, showcasing its rapid growth and adoption. The company's president shared insights on their merger and acquisition strategy, emphasizing how it will further fuel their expansion in the global payments network.

CleanSpark is making strides by expanding its power capacity and securing a new site in Texas for its AI campus. This move highlights a significant trend among Bitcoin miners who are increasingly focusing on high-performance computing.

Adena Friedman, the CEO of Nasdaq, highlights three significant ways blockchain technology can enhance the finance sector. She emphasizes the importance of streamlining post-trade processes, improving collateral mobility, and facilitating better payment systems.

Palantir's stock has dropped by 7% following CEO Alex Karp's sharp criticism of short sellers, highlighting the ongoing tensions between innovative companies and those betting against them. This decline raises concerns about investor confidence in the AI sector, as it reflects broader market anxieties and the challenges faced by firms pushing the boundaries of technology.

CleanSpark is making a strategic move by investing profits from its Bitcoin mining operations into a new artificial intelligence division. This shift not only highlights the company's commitment to innovation but also reflects the growing intersection between cryptocurrency and AI technologies, which could lead to exciting advancements in both fields.

BlackRock is set to enhance its global Bitcoin strategy by launching an ETF in Australia, providing local investors with new opportunities in the cryptocurrency market. This move reflects the growing acceptance and integration of Bitcoin into mainstream finance.

UBS has successfully completed its first live transaction for a tokenized money market fund using Chainlink's technology on the Ethereum blockchain. This innovative approach allows for direct processing of subscription and redemption orders, marking a significant step in the evolution of fund management. By bringing fund redemptions on-chain, UBS is not only enhancing efficiency but also setting a precedent for the future of financial transactions, which could lead to greater transparency and accessibility in the investment landscape.

Wall Street is buzzing after IREN's bullish price target hike to $142, following Microsoft's impressive $9.7 billion AI deal. This move signals strong confidence in IREN's growth potential, especially as AI continues to reshape industries. Investors are keenly watching how this partnership could enhance IREN's market position and profitability, making it a significant development in the tech and finance sectors.

Solana ETFs are experiencing significant success, standing out in the market while Bitcoin and Ether funds have seen losses exceeding $300 million. This shift highlights the growing interest in Solana as an investment option, contrasting sharply with the struggles faced by traditional cryptocurrencies.

Despite recent downturns, a comprehensive analysis suggests Bitcoin is poised to rebound to $120,000. Analyst Mr. Wall Street highlights that the current price stagnation is part of a larger accumulation phase led by institutional investors, indicating a strong potential for future growth.

Bitcoin's price has dropped below $103,700, marking its lowest point since June. This decline comes amid significant liquidation waves in the crypto market, with over $1.27 billion in leveraged positions affected. Additionally, the market is reeling from a recent $128 million hack involving the market maker Balancer.

Franklin Templeton has updated its XRP ETF filing, removing the delay provision and indicating that they are ready for a potential launch this month. This move comes as interest in the ETF grows, signaling a positive shift in the market.

Bitcoin's recent drop of $7,000 to $100K has led to a significant decline in mining profitability, reaching its lowest point since April. This downturn is largely attributed to rising energy costs that are impacting miners.

Bitcoin has fallen below $99,000, leading to a staggering $289 billion loss in the cryptocurrency market in just one day. This sharp decline has left many investors concerned about the future of digital currencies.