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π€ Bold Technologies has announced a $2.5 billion project to build Aion Sentia Cognitive City β an AI-driven urban platform designed to manage infrastructure like traffic, energy, healthcare, education, and public services in real time.
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Major U.S. banks like JPMorgan, Bank of America, and Wells Fargo are exploring the creation of a joint U.S. dollar-backed stablecoin.
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π U.S. Supreme Court ruled that President Trump can remove officials from independent federal agencies, strengthening presidential control. However, it excluded the Federal Reserve from this ruling, protecting Fed Chair Jerome Powell from being fired.π
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Hyperliquid Trader James Wynn Exits $1.25B Long Bitcoin Bet at a Loss π½
James Wynn, a prominent trader on the decentralized exchange Hyperliquid, has exited a massive $1.25 billion leveraged long position on Bitcoin at a loss.
Wynn, known for his high-risk, high-reward strategies, had previously amassed over $46 million in profits through aggressive leverage on Bitcoin and various memecoins.πΈ
His recent decision to close this substantial position, announced via a post stating "cut my losses," marks a significant shift in his trading approach.β
This move underscores the volatile nature of high-leverage trading in the crypto market and has sparked discussions about risk management among traders.
James Wynn, a prominent trader on the decentralized exchange Hyperliquid, has exited a massive $1.25 billion leveraged long position on Bitcoin at a loss.
Wynn, known for his high-risk, high-reward strategies, had previously amassed over $46 million in profits through aggressive leverage on Bitcoin and various memecoins.
His recent decision to close this substantial position, announced via a post stating "cut my losses," marks a significant shift in his trading approach.
This move underscores the volatile nature of high-leverage trading in the crypto market and has sparked discussions about risk management among traders.
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Bullish Momentum: Crypto Inflows Hit Record $10.8B as BTC Tops $111K π
π CoinShares reports that digital asset investment products have reached a new year-to-date (YTD) inflow record of $10.8 billion, following a $3.3 billion influx last week. This marks the sixth consecutive week of positive flows, coinciding with Bitcoin's price surpassing $111,000. π΅
Bitcoin remains the primary driver of these inflows, with institutional interest significantly contributing to the surge. The United States led the regional inflows, accounting for the majority of the capital movement.π
This trend reflects growing institutional confidence in digital assets, particularly Bitcoin, as a viable investment class. The sustained inflows and rising asset prices indicate a robust market sentiment and increasing adoption of cryptocurrency investment products.π
Bitcoin remains the primary driver of these inflows, with institutional interest significantly contributing to the surge. The United States led the regional inflows, accounting for the majority of the capital movement.
This trend reflects growing institutional confidence in digital assets, particularly Bitcoin, as a viable investment class. The sustained inflows and rising asset prices indicate a robust market sentiment and increasing adoption of cryptocurrency investment products.
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The Open Network
TONπ
On May 26, 2021, exactly 4 years ago, TON Mainnet went live, Since then, the network hasnβt stopped evolving
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Rumors of a $3 Billion Investment by President Trump in Crypto!
π€ According to a report by Financial Times, Donald Trump's media company (TMTG) is reportedly considering raising $3 billion to invest in digital assets. The funding plan allegedly includes $2 billion through shares and $1 billion via convertible bonds.
π However, Trumpβs company has denied these claims, calling them baseless.
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Team announced that: They are currently focused on Telegram and TON ecosystem!π
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Advanced group management and auto-replies via Grok.
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