DeFI News by Thebittimes.Com

Toncoin (TON) is experiencing strong buying pressure, surging over 15% as investors react to news of a partnership between xAI and Telegram. At press time, TON was trading at $3.47, up 15.65% in the last 24 hours. On the weekly chart, the token has gained nearly 12%. Meanwhile, Toncoin’s market cap has climbed to $8.68 billion, up from $7.45 billion just 24 hours earlier. TON one-day price chart. Source: Finbold The renewed momentum comes after xAI, the artificial intelligence (AI) company founded by Elon Musk, announced a partnership to integrate its Grok chatbot into the Telegram messaging platform. The one-year agreement between xAI and Telegram marks a significant step for both companies. Under the deal, Telegram will receive $300 million in a mix of cash and equity, along with 50% of all revenue from xAI subscriptions sold through the platform. How Grok in Telegram will operate  Grok will be fully embedded in Telegram’s apps and accessible dire...

Summary: ⚈ Scammers are pushing fake Grok meme coins by falsely linking them to Elon Musk. ⚈ Fraudsters also impersonated the Tate brothers in a DADDY coin dinner scam. ⚈ Despite rising fraud, some traders profit from volatile meme coin surges. During the first quarter (Q1) of 2025, cryptocurrency traders lost more than $1.7 billion in various digital asset hacks and attacks, per Finbold’s Q1 crypto market report, with an untold amount stolen via fraud and scams. One deception that has been growing increasingly common since the start of the year is the numerous meme coins paying homage to xAI’s Grok artificial intelligence (AI) model.  While there is nothing wrong with basing an altcoin on an AI platform inspired by The Hitchhiker’s Guide to the Galaxy, the name’s newfound association with billionaire Elon Musk has given rise to a shady marketing practice. The Grok meme coin scam Scammers are flooding the social media platform X, as well as oth...

Bitcoin (BTC) remains in a consolidation phase, and breaching the $85,000 resistance has emerged as a key target for investors.  Amid this market sentiment, two artificial intelligence (AI) models are projecting that the maiden digital currency is likely to edge higher on May 1 and possibly trade slightly above the $90,000 mark. Overall, insights from OpenAI’s ChatGPT and xAI’s Grok present a cautiously optimistic outlook for Bitcoin. AI predicts Bitcoin price  ChatGPT predicted that Bitcoin will trade between $91,000 and $96,000 by the beginning of May. The model cited continued momentum from Bitcoin’s April 2024 halving, which has historically triggered multi-month rallies. It also highlighted sustained institutional interest, particularly through spot Bitcoin ETFs, which continue to absorb supply during market dips. ChatGPT Bitcoin price prediction for May 1,2025. Source: ChatGPT According to ChatGPT, the technical setup remains bullish followin...

Due to its close association with Tesla chief Elon Musk, Dogecoin (Doge) is one of the most trending cryptocurrency tokens. Musk is all set to chair a new DOGE department with the US political regime, supporting Trump in his endeavor to make America great again. The Doge-Musk association has fueled many narratives about Dogecoin, including how it may soon become an integral part of the X payment system. The answer was right before our eyes, with X bot Grok responding to when Doge payments will be launched on X. Also Read: Donald Trump Appoints David Sacks As Cryptocurrency & AI Czar X Bot Grok Knows About Doge Payments Source – TechCrunch Elon Musk and his close association with Dogecoin is renowned globally. There have been many instances where Musk has openly promoted Doge, adding to its credibility and potential as an able cryptocurrency. The token has long been part of the speculatory regime, fueling anticipation concerning its deployment with the X payment program. The token ...