Elon Musk has officially announced that xAI’s latest AI chatbot, Grok 3, will be unveiled on Monday, February 17, 2025, at 8 p.m. 🗓️✨ The launch will include a live demonstration of the AI system.
Musk has described Grok 3 as "scary-smart" 🧠⚡ and claims it outperforms rival AI chatbots, including OpenAI's ChatGPT. 🤖🔥 In preparation for the release, he stated that he would be going offline 📵 to focus on "honing" the product.
This news comes as xAI is reportedly in discussions to raise $10 billion in funding, potentially valuing the company at around $75 billion! 💰🚀
Goldman Sachs has significantly increased its crypto holdings to $1.5B in Q4, signaling growing institutional confidence in Bitcoin. As one of the world's biggest financial players, this move highlights Bitcoin’s potential as a core asset in major portfolios.
What This Means for Crypto:
✅ Institutional Adoption: More big players are recognizing Bitcoin’s long-term value. ✅ Market Sentiment Shift: This could lead to increased demand and price surges. ✅ $BTC ETF Impact: Could more financial giants follow suit? Time will tell!
With institutional interest growing, Bitcoin’s future looks stronger than ever! 🚀
Standard Chartered predicts #BTC could soar to $500K in the coming years, assuming improved liquidity and reduced volatility.
📈 Projected Targets:
$200K (2025) | $300K (2026)
$400K (2027) | $500K (2028)
🔍 Jeff Kendrick previously forecasted $125K for 2024, with $BTC peaking at $108K, making his predictions fairly accurate. But will Bitcoin's 4-year cycle continue, or are we entering a new market era?
The U.S. stock market futures took a sharp dive following President Donald Trump's recent announcement of new trade tariffs on China, Mexico, and Canada. 🇺🇸📉 This move sent shockwaves through the market, triggering significant sell-offs.
But it wasn’t just stocks that were hit—cryptocurrency markets weren’t spared either, with around $341 billion evaporating in just 24 hours. 💰⚡ The ripple effects of these announcements are being felt worldwide, and investors are feeling the pressure as uncertainty looms over the future of international trade and digital currencies.
🚀 It looks like we’re in for a bumpy ride! HOLD OR SELL? 🤔
The UK government is considering selling £5.2 billion worth of #Bitcoin seized from organized criminals to address a £22 billion public finance deficit. 💰🚨
The BTC was confiscated from Jian Wen, linked to a crypto fraud scheme, marking the largest cryptocurrency seizure in UK history. Former Chancellor Lord Lamont has urged swift action to sell the Bitcoin, benefiting government finances while avoiding the risk of legitimizing cryptocurrency.
📉 $BTC has dropped over 6%, now trading near $99K.
While the exact reasons remain unclear, the upcoming Federal Reserve meeting and China's AI breakthrough, Deepseek R1, could be influencing market sentiment. 📊 Technical indicators suggest more short-term volatility ahead.
👉 Read our full analysis here: auriccrypto.com/news/bitcoin-d...
🚨 $BTC Risks Drop to $75K Amid Double Top Pattern 🚨
📉 $BTC Bitcoin is forming a potential double top at $108K, with neckline support at $91,300. A daily close below this level could confirm a bearish reversal, potentially pushing $BTC down to $75K.
In my latest Bitcoin update video, I’m diving into some juicy market insights: 📊 Key Highlights:
The longest shared volume profile acting as rock-solid support lately.
Analyzing the range profile to identify breakout opportunities.
💎 I’m still bullish and think $120k could be our breakout target soon… maybe even higher! 🌟 ⚠️ Don’t worry—I’ll cover some bearish levels too for a balanced view.
🗓 January 29, Wednesday 🌏 Chinese New Year celebrations begin. 🕙 22:00: The Fed will announce its interest rate decision (expected to remain unchanged). 🕥 22:30: Fed Chair Powell will hold a press conference. 📊 Tesla to release its earnings report after the US market closes.
🗓 January 30, Thursday 🕟 16:30: US Q4 GDP data will be released (forecast: 2.7%).
🗓 January 31, Friday 🕟 16:30: Core Personal Consumption Expenditure Index will be released (forecast: 0.2%).
🔒 Token Unlocks 💰 January 27: $33.6M worth of 54M $RON. 💎 January 29: $6.8M worth of 11.2M $LIT.
🗣️ According to ETF analyst Balchunas, a Solana Futures ETF might hit the market as early as March! 🚀 Could this mark a new milestone for Solana's journey in the crypto space? 👉 Note: This is not financial advice. 🙅♂️