Bitcoin Hits 2-Month High Above $95,000! Bitcoin just crossed $95,000 today, reaching its highest level in the last two months. Current price is trading between $95,500 and $96,300. Big driver: MicroStrategy announced another massive purchase of $1.3 billion worth of Bitcoin! The rally got extra boost from US CPI inflation data coming in as expected, sparking positive sentiment across the market. Bullish momentum is back. Is $100K next? What do you think? Hold, buy more, or wait for dip? Share Your Thoughts, Like, Share This Post & Follow For More Updates. 🚀
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Meta to Lay Off About 10% of Metaverse Team as AI Becomes the Main Focus Meta is planning to cut around 10% of its Reality Labs staff – that's roughly 1,500 jobs out of about 15,000. The cuts will mostly affect teams working on VR headsets and the metaverse platform Horizon Worlds. The company is shifting a lot of its attention and money toward AI, including advanced AI systems and smart glasses. Reality Labs has already lost more than $70 billion since 2020, and the metaverse hasn't caught on as much as hoped – especially when you compare it to platforms like Roblox or Fortnite. CTO Andrew Bosworth has called an important in-person meeting soon, which could be when the layoffs are officially announced. Meta didn't comment on the report, but it's clear they're moving away from heavy metaverse spending and putting more into AI. For investors, this might help AI projects grow faster, but it also shows how tough it has been to make the metaverse work.
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The United States has begun launching multiple attacks on Venezuela.
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