C3.ai in Merger Talks With Automation Anywhere as AI Software Industry Sees Consolidation 
BTC Flat at $89,300 Despite $1.02B ETF Exodus — Buy the Dip Toward $107K? 
FxWirePro- Major Crypto levels and bias summary 
Apple Earnings Beat Expectations as iPhone Sales Surge to Four-Year High 
SEC Drops Gemini Enforcement Case After Full Repayment to Earn Investors 
Amazon Stock Dips as Reports Link Company to Potential $50B OpenAI Investment 
Meta Faces Lawsuit Over Alleged Approval of AI Chatbots Allowing Sexual Interactions With Minors 
Elon Musk’s Empire: SpaceX, Tesla, and xAI Merger Talks Spark Investor Debate 
FxWirePro- Major Crypto levels and bias summary 
SoftBank Shares Surge as It Eyes Up to $30 Billion New Investment in OpenAI 
Nvidia Confirms Major OpenAI Investment Amid AI Funding Race 
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.
