SpaceX Insider Share Sale Values Company Near $800 Billion Amid IPO Speculation 
ETHUSD Dips Below $3000 on BOJ Rate Hike Fears: Buy the Dip at $2700, Targeting $4000? 
SUPERFORTUNE Launches AI-Powered Mobile App, Expanding Beyond Web3 Into $392 Billion Metaphysics Market 
Australia Enforces World-First Social Media Age Limit as Global Regulation Looms 
Microsoft Unveils Massive Global AI Investments, Prioritizing India’s Rapidly Growing Digital Market 
FxWirePro- Major Crypto levels and bias summary 
Amazon in Talks to Invest $10 Billion in OpenAI as AI Firm Eyes $1 Trillion IPO Valuation 
SpaceX Begins IPO Preparations as Wall Street Banks Line Up for Advisory Roles 
Apple App Store Injunction Largely Upheld as Appeals Court Rules on Epic Games Case 
MetaX IPO Soars as China’s AI Chip Stocks Ignite Investor Frenzy 
FxWirePro- Major Crypto levels and bias summary 
A new research suggested that cryptocurrency Bitcoin is set to become the sixth largest reserve currency in the next 15 years. CNBC said U.K.-based Magister Advisors, which conducted the research, interviewed thirty of the cryptocurrency industry insiders across the globe regarding Bitcoin’s reserve currency status. Magister Advisors is known in the industry as a technology mergers and acquisitions adviser.
In a press release, Magister Advisors partner and research leader Jeremy Millar said, "We have now reached a fork in the road with bitcoin and blockchain. Bitcoin has proven itself as an established currency. Blockchain, more fundamentally, will become the default global standard distributed ledger for financial transactions.”
Blockchain, by definition, is a system that allows the distribution of cryptocurrencies while being able to guarantee and verify the transactions.
On the other hand, Valuewalk noted that the research also showed the industry’s take on Bitcoin’s volatility. According to the research participants, close to 90% of Bitcoin owned is due to speculative investment as opposed to using it for commercial transactions.
