Author: Editor
While AI coding startups like Cursor close brow-raising rounds on barely three years of existence, Replit’s path to a $3 billion valuation has been anything but swift. For CEO Amjad Masad, who’s been building tools to democratize programming since 2009, it’s a story of persistence through multiple failed pivots, years stuck at the same revenue plateau, and a near-death moment that forced him to cut half his staff. That makes what happened next all the more remarkable. Earlier this month, the Bay Area-based company closed a $250 million funding round led by Prysm Capital, nearly tripling its valuation from 2023.…
As the crypto market kicks off October with a remarkable recovery, Ethereum (ETH) is attempting to turn the $4,500 level into support after nearly two weeks. Some analysts forecast that a breakout from this crucial area could set the stage for a massive 50% rally in Q4. Related Reading Ethereum Retests Next Major Resistance Ethereum has bounced 17% from last week’s lows and is retesting the next crucial level to reclaim. The cryptocurrency started this week by recovering from the recent market correction, which sent its price to a multi-week low of $3,815. Since then, the King of Altcoins has…
In brief Trump Jr. described his experience with mainstream media as “a disaster,” likening their exclusion from coverage to being debanked. He said independent outlets, podcasts, and long-form formats fill gaps left by traditional press. Observers told Decrypt that credibility depends on transparency and accountability, regardless of the outlet. Donald Trump Jr. told a jam-packed...
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Spacecoin says it has relayed a blockchain transaction entirely through space, moving data from one ground point to another without using terrestrial internet links. According to reports, the test aimed to show that cryptographic transactions can be sent via satellite radio and still be validated at the other end. Related Reading End-To-End Transaction Via Satellite Reports have disclosed that the transmission began in Punta Arenas, Chile, was uplinked over S-band radio to a nanosatellite called CTC-0, and then downlinked to a ground station in the Azores, Portugal. That path covered roughly 7,000 kilometers. Based on reports, the message was processed…
In brief Arthur Hayes has previously attacked the U.S. Federal Reserve in his blog posts. This time he’s focusing on the European Central Bank—and honing in on France’s debt. The crypto entrepreneur argues that France’s debt and money printing will cause Bitcoin’s price to surge. Crypto mogul Arthur Hayes has previously attacked the U.S. central...
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Bitcoin has reclaimed key levels above the $118,000 mark, shifting momentum back in favor of the bulls after weeks of uncertainty. The breakout has reinvigorated sentiment across the market, with traders increasingly confident that BTC could be on the verge of a major move. Historically, October has been one of the strongest months for Bitcoin performance, and some analysts are already calling for a massive impulse that could carry the asset toward new highs. Related Reading What makes this rally especially notable is the underlying stability reflected in market data. Top analyst Axel Adler shared insights showing that Bitcoin currently…
In brief Crypto markets have swung bullish this week, shifting odds dramatically back in favor of new all-time high marks for Bitcoin and Solana. Predictors believe Bitcoin is much more likely to hit $125,000 before $105,000, as it topped $121K on Thursday. Speculation about a Polymarket token is picking up steam, but predictors don’t expect...
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Shiba Inu is back in focus as October begins, with the crypto now trading above $0.000012 after weeks of sideways movement below this price level. Despite the sideways price action, on-chain data is pointing to a change in metrics that could soon translate into a breakout. Crypto analyst Zayn shared fresh on-chain data of Shiba Inu custody on social media platform X, pointing out that the meme coin may be setting up for what traders have nicknamed Uptober. Exchange Reserves Hit Lowest Level Since 2023 According to data from on-chain analytics platform CryptoQuant, Shiba Inu exchange reserves have fallen to…
In brief OpenAI’s $6.6 billion employee share sale valued the firm at $500 billion. The Sale makes OpenAI the world’s most valuable private company, topping SpaceX. Secondary deal aids staff retention amid Meta’s nine-figure pay offers. OpenAI has overtaken SpaceX to become the world’s most valuable private company after a $6.6 billion employee share sale...
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The latest analysis from DustyBC Crypto indicates that the XRP price is still struggling to overcome key resistance levels. The price has increased a few times, but each attempt to move higher has faced rejection. For XRP, the situation is not yet showing clear signs of a breakout. Instead, the market outlook remains cautious, and there is still a chance of further downside before the pattern can fully play out. XRP Price Faces Resistance With More Rejections In Market Action According to DustyBC Crypto, XRP recently pushed upward but quickly met a strong resistance zone. After testing that level, the…