upcoming – Earlybirds Invest https://earlybirdsinvest.com Latest Crypto News Sat, 13 Sep 2025 21:22:05 +0000 en-US hourly 1 https://wordpress.org/?v=6.9.7 https://i0.wp.com/earlybirdsinvest.com/wp-content/uploads/2024/12/cropped-New-Project-2024-12-17T235703.455.png?fit=32%2C32&ssl=1 upcoming – Earlybirds Invest https://earlybirdsinvest.com 32 32 240146708 Is the Fed’s upcoming rate cut a ‘huge mistake’? https://earlybirdsinvest.com/is-the-feds-upcoming-rate-cut-a-huge-mistake/ https://earlybirdsinvest.com/is-the-feds-upcoming-rate-cut-a-huge-mistake/#respond Sat, 13 Sep 2025 21:22:05 +0000 https://earlybirdsinvest.com/is-the-feds-upcoming-rate-cut-a-huge-mistake/

If you’re following the markets, you’ll know the Federal Reserve is poised to cut interest rates next week to stimulate a lagging economy. While most crypto traders are jumping for joy at the thought of fresh liquidity entering the system, not everybody’s happy. The upcoming rate cut, according to some, could have a catastrophic effect on the global economy.

A Rate Cut Is ‘Bad Monetary Policy’

Economist, investor, and everybody’s favorite goldbug Peter Schiff did not mince his words, calling a rate cut a “huge mistake” in a post shared on X.

As crypto traders gear up for a potentially bullish period, Schiff warns of serious consequences that will gravely impact the economy.

His commentary is blunt. He points to recent price moves in gold and silver as clear evidence that the rate cut is being telegraphed by the markets. Schiff wrote:

“Silver just traded above $42. Gold is poised to break to a new record high. I think the precious metals are getting ready to melt up. This is an unmistakable market signal that the Fed’s upcoming rate cut is a huge mistake.”

He argues that the decision will set off a string of cuts and a return to aggressive quantitative easing, potentially with “definitive yield curve control.” Schiff claims the U.S. dollar could lose its reserve currency status as confidence in the Fed’s judgment wavers.

Peter Schiff has long pushed the view that overly easy policy will stoke inflation and put the dollar at risk. He believes that today’s environment represents the Fed’s most damaging error yet.

“Ever since Alan Greenspan rescued the stock market after the 1987 crash, the Fed has made a series of increasingly bad monetary policy mistakes.”

Why Crypto Traders Are Jubilant About a Rate Cut

Risk-on asset traders welcome rate cuts with open arms. Lower interest rates flood markets with cheap capital and loosen financial conditions, which typically results in higher prices for volatile assets like crypto.

Bitcoin, Ethereum, and altcoins tend to rally as liquidity improves, triggering a wave of buying and bullish sentiment. The CME’s FedWatch tool shows market participants almost unanimously expect a cut (93.4%), with bets on both Bitcoin and altcoins accelerating into the meeting.

Lower rates mean money can move out of safe havens and into riskier bets, which is another reason Schiff is opposed to the cut. In plain language: Traders want easy money.

Recent cycles show crypto runs higher whenever the Fed loosens policy, and traders are already calling for a new bull market as expectations for rate cuts hit fever pitch.

Supporting a Weaker Labor Market

While Schiff sounds the alarm, many respected analysts, including teams at Goldman Sachs, BlackRock, and a 107-economist Reuters survey, see the rate cut as a necessary step to support the weakening labor market and prevent recession.

Goldman’s chief economist expects a series of small cuts, noting softer employment data and muted inflation as justification for easing. Others warn that cutting rates too fast could actually push inflation higher or weaken the dollar, backing some of Schiff’s concerns.

Jefferies strategist David Zervos suggested the Fed might need a deep 75 basis point cut, though he also cautioned that easy money could ultimately hurt by driving up prices and weakening currency fundamentals.

The upcoming Fed rate cut is a flashpoint. Schiff says it risks disaster, spiraling cuts, runaway inflation, and a weaker dollar.

Crypto traders, though, are celebrating the prospect of more easy money and the next phase in the bull run. The broader economist community remains split, weighing soft employment against inflation risk.

Whether the Fed is making a “huge mistake” or a well-timed rescue, the next move will have a lasting impact in both traditional and crypto markets

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The upcoming AirPods Pro 3 will reportedly be missing one key feature https://earlybirdsinvest.com/the-upcoming-airpods-pro-3-will-reportedly-be-missing-one-key-feature/ https://earlybirdsinvest.com/the-upcoming-airpods-pro-3-will-reportedly-be-missing-one-key-feature/#respond Tue, 02 Sep 2025 15:45:11 +0000 https://earlybirdsinvest.com/the-upcoming-airpods-pro-3-will-reportedly-be-missing-one-key-feature/

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Ethereum Foundation Supports Tornado Cash Co-Founder’s Upcoming Appeal With $500,000 Donation https://earlybirdsinvest.com/ethereum-foundation-supports-tornado-cash-co-founders-upcoming-appeal-with-500000-donation/ https://earlybirdsinvest.com/ethereum-foundation-supports-tornado-cash-co-founders-upcoming-appeal-with-500000-donation/#respond Sat, 09 Aug 2025 01:10:39 +0000 https://earlybirdsinvest.com/ethereum-foundation-supports-tornado-cash-co-founders-upcoming-appeal-with-500000-donation/

Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure

The Ethereum Foundation (EF) has pledged to donate up to $500,000 to Tornado Cash’s co-founder, Roman Storm, to support his ongoing legal defense. This follows the recent trial verdict that found Storm guilty of one of three charges.

Ethereum Foundation Supports Tornado Cash’s Co-Founder

On Thursday, the Free Pertsev and Storm fundraiser revealed that the Ethereum Foundation will match donations up to $500,000 to support the Tornado Cash co-founder’s legal defense following this week’s verdict.

In an X post, the fundraiser’s team explained that they “will need these funds and more to continue the fight for Roman at the trial court and on appeal. The outcome of these proceedings will set major precedent for developers worldwide.”

As reported by Bitcoinist, the US Department of the Treasury’s Office of Foreign Assets Control (OFAC) sanctioned Tornado Cash in August 2022 for failing to impose effective controls to prevent malicious actors from laundering funds through the protocol, including $455 million by the North Korea-linked hacking group, Lazarus Group.

Storm was detained and indicted following the Tornado Cash sanctions and charged with conspiracy to commit money laundering, conspiracy to commit sanctions violations, and conspiracy to operate an unlicensed money-transmitting business.

On August 6, the verdict of the long-awaited trial, which started on July 14 after being delayed twice, was announced. Notably, the jury was unable to come to a unanimous decision regarding two of the three charges: conspiracy to commit money laundering and conspiracy to commit sanctions violations.

Nonetheless, the jury found the Tornado Cash co-founder guilty of the remaining charge: conspiracy to operate an unlicensed money transmitting business, which could lead to a 5-year conviction for the crypto mixer’s co-founder.

After the verdict, he told journalist Elenor Terret that the verdict was “a big win. The ‘1960’ charge is bullshit and we’re going to fight it all the way. You know how President Trump said ‘fight, fight, fight’? We’ll do that too.”

As the Free Pertsev and Storm team detailed, “Roman risks up to 5 years of jail time if he doesn’t win the appeal, and potentially decades if the government decides to retry Counts 1 & 3.”

What’s Next For Storm’s Defense?

Unchained host and journalist Laura Shin interviewed former prosecutor Sam Enzer to discuss the mixed verdict and what’s next for the Tornado Cash co-founder. Enzer noted that before getting to appeal, “Roman gets to move for a new trial or a judgment of a quibble.” After that, “there will be a briefing on that. The court, Judge Failla will rule.”

As the former prosecutors explained, if the Judge rules that the conviction was proper on the conspiracy to operate an unlicensed money transmitting business count, they could proceed to sentencing. Additionally, the government could retry Storm on the two counts for which the jury was hung.

So, it is possible that they could be retried, or the judge could say, I think the conviction was inappropriate, and could say that on the counts that the jury hung on, those should have been acquitted.

Enzer asserted that if either of these “extreme” outcomes happens, the case could go on appeal after making its way through the district court, adding that “who appeals will depend on what the outcome is. If the government’s upset with the outcome, it’ll be them appealing. If Roman’s upset with the outcome, he’ll be appealing.”

Tornado Cash, Ethereum, ETH, ETHUSDT

Ethereum (ETH) is trading at $3,953 on the one-week chart. Source: ETHUSDT on TradingView

Featured Image from Unsplash.com, Chart from TradingView.com

Editorial Process for bitcoinist is centered on delivering thoroughly researched, accurate, and unbiased content. We uphold strict sourcing standards, and each page undergoes diligent review by our team of top technology experts and seasoned editors. This process ensures the integrity, relevance, and value of our content for our readers.

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Billionaire Ray Dalio Says 15% of Portfolio in Gold or Bitcoin (BTC) Necessary for Upcoming Money Devaluation Phase https://earlybirdsinvest.com/billionaire-ray-dalio-says-15-of-portfolio-in-gold-or-bitcoin-btc-necessary-for-upcoming-money-devaluation-phase/ https://earlybirdsinvest.com/billionaire-ray-dalio-says-15-of-portfolio-in-gold-or-bitcoin-btc-necessary-for-upcoming-money-devaluation-phase/#respond Wed, 30 Jul 2025 10:47:17 +0000 https://earlybirdsinvest.com/billionaire-ray-dalio-says-15-of-portfolio-in-gold-or-bitcoin-btc-necessary-for-upcoming-money-devaluation-phase/

Billionaire Ray Dalio says investment portfolios should hold a certain percentage of Bitcoin (BTC) or gold as a hedge against the devaluation of the US dollar.

In a new interview with Master Investor podcast host Wilfred Frost, the co-chief investment officer of hedge fund Bridgewater Associates says that a proper diversification of an investment portfolio should include 15% of either gold or Bitcoin as US debt rises and geopolitical tensions increase.

“My own approach is, in my share of my portfolio, I have gold and I have some Bitcoin, but not much… I’m not going to describe my own exactly, but I’ll say the following: if you were neutral on everything, in other words, you didn’t have a point of view, and you were optimizing your portfolio for the best return-to-risk ratio, you would have about 15% of your money in gold or Bitcoin. I’m strongly preferring gold to Bitcoin. But that’s up to you.”

The risk-reward ratio, also known as the risk-return ratio, is used by investors to determine the potential gain for every dollar risked on an investment.

Dalio, who has warned that a 1970s-style period of stagflation may be coming, when there’s high inflation, high unemployment and low economic growth, says Bitcoin or gold may be an effective store of value when the US dollar loses value against other currencies, such as through money printing.

“The issue is the devaluation of money… If you have that issue and times when it occurred, which was in times of excess debt and geopolitical problems – just go back and study history, study the British pound, study the Dutch guilder, study this – you would find that in all such periods, also like the Seventies, [gold’s] an effective diversifier.

So if you had no view, you would have about 15% in that portfolio as a hedge against the other. I hope that that’s somewhat of a guide.”

 

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Upcoming NFT Projects to Watch: 2025’s Most Anticipated Drops https://earlybirdsinvest.com/upcoming-nft-projects-to-watch-2025s-most-anticipated-drops/ https://earlybirdsinvest.com/upcoming-nft-projects-to-watch-2025s-most-anticipated-drops/#respond Tue, 08 Jul 2025 19:40:55 +0000 https://earlybirdsinvest.com/upcoming-nft-projects-to-watch-2025s-most-anticipated-drops/

As the world continues to embrace the digital age, non-fungible tokens (NFTs) have risen to prominence, capturing the imagination of both tech enthusiasts and the broader public. NFTs, unique digital assets tied to art, music, videos, and even virtual real estate, have become more than just a passing trend; they’re now a central fixture in the world of collectibles, gaming, and digital ownership. With a growing market and innovative projects on the horizon, 2025 promises to be a groundbreaking year for NFTs. 

Whether you’re trading on the best crypto exchange USA or simply keeping an eye on the next big thing, this year’s NFT drops are bound to pique your interest.

The NFT space is evolving rapidly, with new projects emerging almost daily. What sets the upcoming projects apart is their unique blend of creativity, technology, and the growing adoption of blockchain solutions. Some will push the boundaries of what NFTs can represent, while others will introduce game-changing innovations that will redefine the way we interact with digital ownership. If you’re looking to stay ahead of the curve, here are some of the most anticipated NFT drops to watch for in 2025.

1. Metaverse Real Estate NFTs: A Virtual Land Rush

The concept of owning property has traditionally been confined to the physical world, but with the rise of the metaverse, this is changing rapidly. Virtual worlds like Decentraland and The Sandbox are already offering users the chance to buy, sell, and even develop land, secured by blockchain technology. As the metaverse continues to grow, more developers are jumping on the bandwagon, creating opportunities for investors and creators alike to explore the potential of owning and monetizing virtual real estate.

The allure of virtual land is rooted in its potential long-term value. Just as owning physical property can be a lucrative investment, owning a piece of land in the metaverse could yield significant returns, especially as more brands, businesses, and even individuals start to establish a presence in these digital realms. By 2025, expect to see a significant surge in metaverse real estate NFTs, which will likely redefine our understanding of digital ownership.

2. Celebrity NFT Drops: The Intersection of Fame and Digital Art

Celebrity-driven NFT projects are not new, but they are poised to take a significant leap forward in 2025. As more A-list stars and influencers tap into the power of NFTs, fans will have an even greater opportunity to own digital assets tied to their favorite celebrities. Whether it’s limited-edition artwork, exclusive behind-the-scenes content, or virtual experiences, these celebrity NFTs offer fans a way to connect with their idols on a deeper level.

Owning a celebrity NFT holds a special appeal, just like owning a rare signed album or a collectible merchandise piece; it provides exclusivity and a sense of ownership over something uniquely tied to a public figure. With celebrities like Snoop Dogg and Paris Hilton already making their mark in the NFT space, the trend is expected to gain momentum in 2025, with more prominent names launching their own digital art collections and collaborations.

3. AI-Generated NFTs: Blurring the Line Between Art and Technology

The integration of artificial intelligence (AI) with non-fungible tokens (NFTs) is one of the most fascinating frontiers in the digital art world. AI-generated NFTs are created using algorithms that allow for the generation of unique, one-of-a-kind digital artworks. These NFTs offer a glimpse into the future of creativity, where machines collaborate with human visionaries to produce groundbreaking works of art.

What sets AI-generated NFTs apart is their ability to create art that is entirely unpredictable and often surreal, offering collectors a sense of novelty and intrigue. In 2025, expect to see a growing number of AI-driven projects that push the boundaries of digital art, incorporating themes of data manipulation, neural networks, and generative design. As technology continues to advance, AI-generated NFTs could become a staple of the market, with collectors seeking out these one-of-a-kind pieces for their innovative approach to art creation.

4. Gaming NFTs: Play-to-Earn Gets Bigger and Better

The gaming industry has long been one of the most promising sectors for NFTs, with the rise of play-to-earn (P2E) models that allow players to earn valuable digital assets through gameplay. These NFTs can range from in-game items, such as weapons or skins, to entire characters and virtual land. As blockchain technology continues to integrate with gaming platforms, the next generation of P2E games promises to be more immersive and rewarding than ever before.

In 2025, expect a flood of new gaming-related NFT projects that will redefine the concept of in-game ownership. These projects will offer players the opportunity not only to play games but also to build, create, and trade NFTs within the gaming ecosystem. Just as players can own valuable physical items in traditional games, blockchain-based games will allow players to own virtual assets that can be bought, sold, or traded, often providing tangible financial value.

These gaming NFTs are not just collectibles—they represent a shift in the way players engage with games. Games like Axie Infinity have already shown the potential of play-to-earn models, and in 2025, expect even larger-scale projects to push the envelope. Think of it as the evolution of the traditional gaming economy, where players can gain financial rewards from the time and skill they invest in the game, rather than relying on conventional methods of monetization.

5. Environmental NFTs: Sustainability in the Digital Realm

As concerns about the environmental impact of blockchain technology grow, some NFT creators are focusing on more sustainable solutions. In response to criticisms about the high energy consumption associated with minting and trading NFTs, projects in 2025 will focus on reducing their carbon footprint while still delivering high-quality digital assets.

These environmentally conscious NFTs will utilize eco-friendly blockchains that are more energy-efficient than traditional platforms, such as Ethereum, which relies on energy-intensive proof-of-work (PoW) consensus mechanisms. Projects like Flow and Tezos, which utilize proof-of-stake (PoS) protocols, are already gaining traction due to their lower environmental impact. Expect more NFT creators to adopt these greener alternatives in 2025, with a growing number of environmentally focused art drops and collaborations aimed at promoting sustainability in the digital world.

6. Social Impact NFTs: Using Digital Assets for Good

In recent years, a growing movement has emerged to utilize NFTs for social good. From donating proceeds to charity to raising awareness about important issues, social impact NFTs are combining art, technology, and philanthropy in powerful ways. These projects enable creators to directly support causes they believe in, while also offering collectors the opportunity to own a piece of art that contributes to a greater purpose.

In 2025, expect to see more NFT projects with a social impact focus, as creators and organizations use blockchain to fund charitable initiatives, promote environmental sustainability, and amplify social justice causes. Whether it’s a digital art piece that raises funds for a non-profit organization or an NFT campaign that raises awareness about climate change, social impact NFTs are poised to become an integral part of the digital landscape, attracting collectors who want their investments to make a difference.

7. Music NFTs: Revolutionizing the Music Industry

The music industry is another sector poised for disruption by NFTs in 2025. NFTs offer musicians a direct way to monetize their work, bypassing traditional intermediaries like record labels and streaming platforms. Artists can release limited-edition tracks, albums, or concert tickets as non-fungible tokens (NFTs), offering fans exclusive access to their music and experiences.

In addition to offering new revenue streams for artists, music NFTs also empower fans to become active participants in the music ecosystem. Collecting music NFTs could soon become a common practice for fans as they gain access to exclusive content, live shows, or even the opportunity to interact with their favorite musicians. As blockchain technology matures, the music industry will continue to evolve, with NFTs at the forefront of this transformation.

Looking Ahead to 2025

As 2025 approaches, the NFT landscape is set to expand exponentially, with innovative projects pushing the boundaries of art, gaming, and digital ownership. From celebrity collaborations to eco-friendly initiatives and gaming revolutions, the future of NFTs is bright. The convergence of blockchain technology and creativity is fostering a digital renaissance, where anyone can become a collector, creator, or investor.

Whether you’re looking to invest in virtual real estate, own a piece of exclusive digital art, or simply explore the world of NFTs, 2025 promises to be a year full of exciting opportunities. With technology advancing at a rapid pace and the NFT space continuing to mature, there’s no telling just how far this digital frontier will take us. If you’re not already watching, now’s the time to jump on the bandwagon—2025 is shaping up to be an exciting year for the NFT world.

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Economist Alex Krüger Outlines Three Bullish Catalysts for Bitcoin, Says Upcoming BTC Breakout Will Be ‘Explosive’ https://earlybirdsinvest.com/economist-alex-kruger-outlines-three-bullish-catalysts-for-bitcoin-says-upcoming-btc-breakout-will-be-explosive/ https://earlybirdsinvest.com/economist-alex-kruger-outlines-three-bullish-catalysts-for-bitcoin-says-upcoming-btc-breakout-will-be-explosive/#respond Fri, 04 Jul 2025 07:15:05 +0000 https://earlybirdsinvest.com/economist-alex-kruger-outlines-three-bullish-catalysts-for-bitcoin-says-upcoming-btc-breakout-will-be-explosive/

Economist and trader Alex Krüger is outlining three catalysts that he believes could propel Bitcoin (BTC) to a massive rally.

Krüger tells his 211,500 followers on the social media platform X that the “upcoming Bitcoin breakout will be explosive.”

According to the economist and trader, one of the catalysts that will drive the Bitcoin rally he foresees will be the legislation currently waiting to be passed in the U.S. Congress known as the One Big Beautiful Act (OBBA). The omnibus legislation addresses some of President Trump’s election campaign promises.

The economist and trader says the accumulation of Bitcoin by companies intending to include the flagship crypto asset in their balance sheets is another catalyst that will “add fuel to the fire.”

Additionally, the economist and trader says the Federal Reserve Chair set to be appointed in 2026 to replace the current Chair Jerome Powell will be the “icing on the cake.” According to Krüger, Powell’s replacement will be a bullish catalyst over the short term.

The economist and trader further says Bitcoin’s current price action is operating in a similar environment to five years ago.

“When it comes to analogies across cycles and Bitcoin Treasury companies, June 2025 is analogous to December 2020 and the Bitcoin Grayscale trade.”

In December of 2020, Bitcoin broke above the then all-time high of around $20,000 that had been in place for three years. The rally occurred at a time when the Grayscale Bitcoin Trust (GBTC) was trading at a significant premium to the net asset value of the underlying Bitcoin amid robust institutional demand.

Bitcoin is trading at $110,210 at time of writing.

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Disclaimer: Opinions expressed at The Daily Hodl are not investment advice. Investors should do their due diligence before making any high-risk investments in Bitcoin, cryptocurrency or digital assets. Please be advised that your transfers and trades are at your own risk, and any losses you may incur are your responsibility. The Daily Hodl does not recommend the buying or selling of any cryptocurrencies or digital assets, nor is The Daily Hodl an investment advisor. Please note that The Daily Hodl participates in affiliate marketing.

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Your phone won’t be powering Xreal’s upcoming Android XR glasses https://earlybirdsinvest.com/your-phone-wont-be-powering-xreals-upcoming-android-xr-glasses/ https://earlybirdsinvest.com/your-phone-wont-be-powering-xreals-upcoming-android-xr-glasses/#respond Wed, 11 Jun 2025 22:54:26 +0000 https://earlybirdsinvest.com/your-phone-wont-be-powering-xreals-upcoming-android-xr-glasses/
XREAL Project Aura Android XR device

TL;DR

  • Xreal’s Android XR glasses will come with a puck-like processing device.
  • The puck will feature an unspecified Qualcomm Snapdragon chip.
  • The glasses will have the largest screen the company has ever made.

There’s been plenty of talk about Google, Apple, and Meta all working on AR glasses, but they aren’t the only players in the game. Xreal is currently working on its own pair of AR glasses, known as Project Aura. Other than the fact that they’ll run on Android XR, not much is known about the device yet. However, Xreal shared a few new details this week.

The Xreal team made an appearance at Augmented World Expo 2025 on Tuesday. As reported by Gizmodo, the company didn’t release any new images or offer any demos, but it did reveal that your phone won’t be able to handle the kind of processing Aura demands. Instead of using a phone as a computing device, Aura will use a separate, tethered, puck-like device for its computational needs.

This puck-like device, small enough to fit in your pocket, will house an unspecified Qualcomm Snapdragon chip. It’s unclear if Xreal plans to use the same SoC that’s heading to Samsung’s Project Moohan — the Snapdragon XR2 Plus Gen 2. It’s also said that this puck will be detachable, in case you want to store the glasses and the puck separately.

While a Snapdragon processor will power the puck, the glasses will have their own chip. This processor is said to be a modified version of the X1 chip found in the Xreal One glasses, called X1S. It was also confirmed that the glasses will have front-facing sensors, similar to the Meta Quest 3.

Xreal also recently updated its website to add that Aura will have a 70-degree field of view (FOV). The website claims this will be the largest screen the company has made to date. To accomplish this, the team is using a “flat prism lens” that features a triangular-shaped pane. Although this pane of glass is 40% smaller than the glass in its older devices, it enables a wider FOV on the horizontal axis.

Considering the heavy processing demand, it wouldn’t be a surprise if Aura ends up being a pretty power-hungry device. Unfortunately, Xreal didn’t offer any details when asked about battery life. It appears the company also dodged questions about the price and release date.

Got a tip? Talk to us! Email our staff at news@androidauthority.com. You can stay anonymous or get credit for the info, it’s your choice.
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The upcoming A20 chip’s killer feature could be better battery life https://earlybirdsinvest.com/the-upcoming-a20-chips-killer-feature-could-be-better-battery-life/ https://earlybirdsinvest.com/the-upcoming-a20-chips-killer-feature-could-be-better-battery-life/#respond Wed, 04 Jun 2025 19:18:56 +0000 https://earlybirdsinvest.com/the-upcoming-a20-chips-killer-feature-could-be-better-battery-life/

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Stablecoin Issuer Circle Targeting $7,200,000,000 Valuation in Upcoming IPO https://earlybirdsinvest.com/stablecoin-issuer-circle-targeting-7200000000-valuation-in-upcoming-ipo/ https://earlybirdsinvest.com/stablecoin-issuer-circle-targeting-7200000000-valuation-in-upcoming-ipo/#respond Tue, 03 Jun 2025 22:29:07 +0000 https://earlybirdsinvest.com/stablecoin-issuer-circle-targeting-7200000000-valuation-in-upcoming-ipo/

The company behind the second-largest USD-pegged stablecoin by market cap is naming its price for its upcoming US initial public offering (IPO).

According to a Reuters report, USDC-issuer Circle says it is aiming for a $7.2 billion valuation in its upcoming IPO – about $28 per share – partially because of the current administration’s friendlier outlook on crypto regulations.

US dollar-pegged stablecoins aim to maintain a 1:1 value with the US dollar. Tether’s USDT is the largest USD-pegged stablecoin by market value.

Says Chief Investment Officer of Running Point Capital, Michael Ashley Schulman,

“Issues regarding memecoin hype and more specifically Trump’s ventures into a namesake coin should not directly affect the outlook for stablecoins backed by hard currency.”

According to the widely followed pseudonymous crypto analyst The Flow Horse, the Circle IPO valuation is “cheap.”

“Circle IPO seems interesting to me.

I think $28 is going to look cheap over a multi-month period.

Outside of the initial event volume, I will be looking for price to develop a clean range and ideally start to establish a longer-term position.”

Bloomberg reports that BlackRock, the largest asset manager in the world, plans on accumulating 10% of Circle’s shares when they become available on Thursday, June 5. BlackRock is already the acting reserve manager for the assets backing USDC.

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BlackRock reportedly plans to acquire a 10% stake in Circle’s upcoming IPO https://earlybirdsinvest.com/blackrock-reportedly-plans-to-acquire-a-10-stake-in-circles-upcoming-ipo/ https://earlybirdsinvest.com/blackrock-reportedly-plans-to-acquire-a-10-stake-in-circles-upcoming-ipo/#respond Thu, 29 May 2025 06:39:05 +0000 https://earlybirdsinvest.com/blackrock-reportedly-plans-to-acquire-a-10-stake-in-circles-upcoming-ipo/

BlackRock plans to acquire approximately 10% of the shares offered in Circle’s initial public offering (IPO), Bloomberg News reported on May 28.

People familiar with the matter said Circle and its shareholders, including co-founder and CEO Jeremy Allaire, are seeking to raise $624 million through the offering. 

Orders for the offering have reportedly exceeded the number of shares available, with the pricing scheduled for June 4.

BlackRock already manages the Circle Reserve Fund, a government money market fund that holds roughly 90% of the reserves backing Circle’s USDC stablecoin. 

The fund reported nearly $30 billion in net assets as of April 30, 2024, based on the Circle IPO filing

The investment management firm could acquire its stake directly or through an affiliated entity, although its final participation remains subject to change.

As a result, the IPO would deepen the existing relationship between BlackRock and Circle, as it would constitute one of the largest single-investor stakes in the crypto company.

Institutional participation broadens interest in Circle

The filing also revealed a combined interest from major institutional investors, indicating heightened demand for equity in the stablecoin issuer as it prepares to enter the public markets.

Circle’s USDC ranks as the second-largest US dollar-pegged stablecoin with a $61.3 billion market cap and plays a central role in crypto transfers. The stablecoin registered a $10 trillion year-to-date transfer volume as of April 30, according to data from Artemis. 

Pending legislation in Congress proposes backing stablecoins with cash or government securities, a structure already in place for USDC through the Circle Reserve Fund.

Circle’s decision to proceed with a US-based IPO reflects broader efforts by crypto companies to secure public market capitalization at a time when federal regulatory policy is trending toward acceptance. Kraken is also reportedly eyeing an IPO for 2026.

The IPO filing formalizes Circle’s long-anticipated listing plans, which previously included a terminated Special Purpose Acquisition Company deal in 2022. 

With backing from institutional players and a reserve fund managed by the world’s largest asset manager, Circle is positioning itself to expand operations under a more transparent and regulated capital structure.

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