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Bitcoin Rebounds to $85.8K — But Are Bulls Ready to Charge?
Bitcoin surged to $85,800, bouncing back from recent lows, but traders remain on edge. The rally followed temporary tariff relief announced by President Trump, sparking hope—but it quickly faded as the tariff rollback appeared short-lived. Despite the price rebound, Bitcoin futures and options data show weak bullish sentiment, hinting that investors aren’t fully convinced of a breakout. Added pressure comes from the stock market's influence and declining demand in key markets like China. With ETF outflows and cautious trading, the crypto market’s next move remains uncertain—even with big buys like Strategy’s $286 million BTC acquisition.
Mantra Token Nosedives 90% Amid Market Panic and Confusion
In a shocking turn of events, the price of Mantra’s OM token crashed over 90% in a single day, plummeting from $6.30 to under $0.50. The collapse erased nearly $6 billion in market value and drew comparisons to past disasters like LUNA and FTX. While rumors of a rug pull spread fast, the Mantra team insists the drop was due to external reckless liquidations—not internal wrongdoing. Co-founder JP Mullin reaffirmed the team's presence and control over their tokens. The crash follows Mantra’s high-profile $1B tokenization deal in the UAE, raising serious questions about what’s next for the project.
Coinbase Caught in Memecoin Storm After $15M Token Crash
Coinbase is under fire after a memecoin linked to its Base network soared to a $17M market cap, then crashed nearly 90% in minutes. The token—automatically created from a post on the Zora platform—sparked confusion, with many mistaking it for an official Coinbase launch. Coinbase clarified that it didn’t issue or sell the token. Despite this, backlash erupted across X, with critics calling the move careless and damaging to the industry. While the concept of turning content into tradable tokens has potential, poor execution, a sniping incident, and fast sell-offs have left the community skeptical and disappointed.
Swedish MP Urges Bitcoin in National Reserves Amid Global Shift
Swedish MP Rickard Nordin has called on Finance Minister Elisabeth Svantesson to consider adding Bitcoin to Sweden’s foreign exchange reserves. He argues that Bitcoin, like gold, offers a hedge against inflation and could strengthen financial security during global instability. Citing global trends, including a U.S. executive order by President Trump to build a Bitcoin reserve using seized crypto assets, Nordin suggests a “budget-neutral” strategy that doesn’t burden taxpayers. With digital assets gaining mainstream traction worldwide, the proposal marks a significant step toward Sweden potentially embracing Bitcoin as part of its long-term financial strategy.
Would You Let an AI Be Your Voice After You're Gone?
AI is now creating digital twins — lifelike versions of you that can talk, think, and even comfort others after you’ve passed. These aren’t just chatbots; they’re trained on your voice, messages, videos, and memories. From helping with emails to preserving your wisdom for future generations, digital twins are blurring the line between life and legacy. Some see them as time-saving tools or emotional companions, others find them unsettling. But one thing’s clear: AI isn’t just about automation anymore — it’s about identity, memory, and how we choose to live on in the digital world.
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