Month: March 2026

OpenAI to Shut Down Sora After Just Six Months

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OpenAI has announced it is shutting down its video generation platform Sora after just six months, with CEO Sam Altman reportedly telling staff the company is winding down all of its video products. “We’re saying goodbye to the Sora app,” Sora posted to X on Tuesday. “We know this news is disappointing. We’ll share more soon, including timelines for the app and API and details on preserving your work.” Sora was released in September to a buzzy reception as the ChatGPT maker sought to make inroads on short-form video content…

Ethereum Price Trends Higher, Bulls Look to Extend Gains Further

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Ethereum price started a recovery wave above the $2,065 zone. ETH is now consolidating above $2,120 and might aim for more gains if it clears the $2,200 resistance. Ethereum started a recovery wave above the $2,125 zone. The price is trading above $2,140 and the 100-hourly Simple Moving Average. There was a break above a key bearish trend line with resistance at $2,145 on the hourly chart of ETH/USD (data feed via Kraken). The pair could start a fresh decline if it stays below the $2,200 resistance. Ethereum Price Eyes…

Bitcoin Price Approaches Break Zone, Upside Move Looks Likely

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Bitcoin price started a recovery wave above $69,200. BTC is now back above $70,000 and might aim for a steady increase if it clears $71,650. Bitcoin started a decent recovery wave above $69,500 and $70,000. The price is trading above $70,000 and the 100 hourly simple moving average. There is a bullish flag pattern forming with resistance at $70,700 on the hourly chart of the BTC/USD pair (data feed from Kraken). The pair might start another decline if it stays below the $71,200 and $71,650 levels. Bitcoin Price Faces Resistance…

Ethereum Devs Launch Post-Quantum Resource Hub

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A group of Ethereum developers has launched a resource hub focused on protecting the blockchain from future quantum computing threats and securing the billions of dollars worth of value the network secures. The “Post-Quantum Ethereum” website, launched on Tuesday by members of the Ethereum Foundation, says the organization’s new Post-Quantum team is planning to implement quantum solutions into Ethereum at the protocol level by 2029, with solutions targeting the execution layer to follow. While the Post-Quantum team said no imminent quantum threat exists for cryptography-secured blockchains, early action is necessary…

Treasury Spike, Inflation Risk, Iran War Contagion Pin Bitcoin Price

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Key takeaways: Investors dumped gold and bonds for cash as war-driven oil spikes and inflation forced a defensive market stance. Rising yields and a 20% rate hike chance signal a tight outlook, leaving Bitcoin vulnerable amid soaring US debt. Bitcoin (BTC) retested the $67,500 support level on Monday, a move that coincided with gold prices suffering their sharpest correction in over 50 years. Fears of a prolonged war in Iran and the inflationary impact of oil prices holding above $85 pushed investors to cut risk. US 5-year Treasury yields (left)…

Robinhood approves $1.5B buyback as stock nears 55% drop since October high

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Robinhood has approved a new $1.5 billion share repurchase program, giving the company more than $1.1 billion of additional capacity as management signals confidence in its strategy and financial strength. The company said it expects to execute the refreshed authorization over about three years, while keeping flexibility to move faster if market conditions allow. The new plan builds on Robinhood’s earlier buyback efforts. The company first launched a $1 billion repurchase program in May 2024, then raised the total authorization by another $500 million in April 2025. By February 2026,…

OpenAI to shut down Sora app months after launch as focus shifts to agents

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OpenAI plans to shut down its Sora AI video generator just months after launching a standalone app, as the company moves to simplify its product lineup and redirect resources toward core AI systems. We’re saying goodbye to the Sora app. To everyone who created with Sora, shared it, and built community around it: thank you. What you made with Sora mattered, and we know this news is disappointing. We’ll share more soon, including timelines for the app and API and details on… — Sora (@soraofficialapp) March 24, 2026 The decision…

XRP Price Will Not Move The Way People Think, Here’s A Better Pattern

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“XRP isn’t going to move the way most people expect.” That was the message shared by an XRP enthusiast on X, rejecting the idea of a steady climb through levels like $2, $3, and $4.  Instead, the projection breaks away from conventional technical analysis and circulating supply models, predicting that XRP’s price could move in a much more exponential, step-change manner. The Exponential Pattern For XRP There have been multiple questions as to whether XRP’s next major rally will look like a normal crypto rally or whether it could come…

21shares Says Active Products Are Next Phase for Crypto ETPs

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Crypto asset manager 21shares sees actively managed exchange-traded products as the next phase of crypto investing, as the market matures beyond simple price-tracking funds. Duncan Moir, president of 21shares, told Cointelegraph in an exclusive interview that because crypto is a nascent and growing asset class, it is particularly well suited to active management. He said the company combines bottom-up research on individual assets with quantitative and discretionary top-down strategies to manage risk and position portfolios, adding that 21shares has been expanding its portfolio management and trading teams to support more…

Circle Partners with Sasai to Expand USDC Adoption in Africa

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Circle is partnering with Sasai Fintech to expand the use of its USDC stablecoin across African payment corridors, targeting remittances, business transactions and mobile wallet services. According to Tuesday’s announcement, collaboration will integrate the second-biggest stablecoin into Sasai’s existing payments infrastructure, which supports cross-border transfers, enterprise payments and consumer wallets, with the aim of reducing costs and settlement times. Sasai operates across multiple African markets, providing digital payments services that will integrate with Circle’s onchain infrastructure. The companies said they will explore practical applications for USDC (USDC) using Circle’s full-stack…