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Bitcoin Flash Crashes, Ethereum, Dogecoin Gain As Overheated Crypto Market Takes A Breather: Top Analyst Asks Traders To Hold Positions And Buy Dips
Trump officially announced: White House AI and cryptos affairs have been settled!
① The newly elected president of the usa, Donald Trump, appointed David Sachs as the director of white house ai and cryptos affairs. ② Sachs, former COO of Paypal, will be dedicated to making the usa a global leader in the ai and cryptos fields. ③ Trump has been active in the cryptos industry, planning to turn the usa into a global crypto hub and supporting the idea of establishing a strategic bitcoin reserve.
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Elon Musk's xAI has completed a new round of financing, and the valuation is reportedly over 40 billion dollars.
① Elon Musk's ai startup xAI has completed a new financing round of $6 billion, with a valuation exceeding $40 billion. ② xAI was founded by Musk in 2023 and completed the $6 billion financing in May of this year, at that time the valuation was $24 billion.