| Mobile Web

All articles List

Crypto

Prediction markets see 71 percent chance bitcoin falls to $50,000 this year

Prediction markets are increasingly pricing in further declines in bitcoin through 2026. They put the probability of bitcoin falling to $55,000 or lower this year at 65 to 71 percent, citing a lack of upside momentum and macroeconomic uncertainty. Polymarket shows a 71 percent chance of a drop below $55,000 by year-end, while Kalshi posts similar odds. Short-term flows have weakened as U.S. spot bitcoin ETFs see outflows.

Telecommunications & Media

Amazon eyes smartphone return after 10 years, developing AI-focused device

Amazon is seeking a return to the smartphone market after 10 years, with a new handset being developed under the internal codename "Transformer". Reuters reported, citing multiple sources, that Amazon is developing the phone within its devices and services division. The device is positioned as an Alexa-linked personalised mobile device. Sources said the project, led by Amazon's ZeroOne team, centres on AI functions that could replace traditional app-store downloads.

Industry

Mark Cuban says humanoid robots will fail within 5 to 10 years

Billionaire investor Mark Cuban says he believes in a future where humans and robots coexist, but argues humanoid robots are not the solution. He said humanoid robots would fail within 5 years, or at most 10 years, and voiced skepticism about humanlike robot projects being pursued by Tesla and OpenAI. Cuban said it is more efficient to design spaces and robots together, and that robots should be built in optimal forms rather than human shapes.