AI

Bitcoin’s price fell below €80,000 following news that Microsoft had lowered its sales targets for AI software. The development sparked concerns about the growth of the AI sector, leading to a sell-off in tech stocks that also impacted the cryptocurrency market.

Elon Musk predicts that AI and robots will make jobs and traditional money obsolete within 20 years, but believes Bitcoin and energy will become the new real currencies in a post-scarcity world.

While the crypto market remains sluggish, the AI-generated memecoin Turbo doubled in price suddenly, with trading volume exploding. The surge may be linked to large purchases by new wallets, but future gains are uncertain.

Investor Murad Mahmudov predicts a long-term power struggle between the centralizing forces of AI and the decentralizing nature of blockchain, a conflict he says will shape the future of data, power, and ownership.

The Dutch Authority for the Financial Markets (AFM) is warning about the rise of AI-powered financial fraud. Criminals are using deepfakes and hyper-personalized scams to deceive investors on a massive scale, making fraudulent schemes more convincing than ever.

A Texan trader turned $11,000 into nearly half a billion dollars using memecoin sniper bots, while an AI trading experiment showed mixed results and a Cardano investor lost over $6 million in a single trade due to a liquidity error.

Elon Musk’s AI chatbot Grok recently made exaggerated claims about its creator, calling him stronger than Mike Tyson and more attractive than Brad Pitt. The incident highlights the risks of centralized AI and the need for decentralization, while Musk has also shown a shift in his stance on Bitcoin.

An experiment pitting six AI trading bots against each other revealed that Asian models like Qwen and DeepSeek significantly outperformed Western counterparts like ChatGPT and Gemini, highlighting the growing role of AI in crypto trading.