Monthly Crypto News Roundup: Job Cuts, Price Projections, and Market Impacts

By: Isha Das

1. Jack Dorsey Leads 40% Job Cuts at Block Amid AI Reorganization

Block, led by CEO Jack Dorsey, announced a 40% workforce reduction as part of a strategic shift towards AI-driven operations. Read more

2. Bitcoin Projected to Bottom at $35,000 Amid Bear Market Trends

Bitcoin is projected to reach a low of $35,000 by late 2026, based on advanced cycle models and technical analysis. Read more

3. OpenAI Secures Defense Contract Following US Government's Shift Away from Anthropic

The US Department of Defense has contracted OpenAI for AI deployment on military networks, marking a strategic pivot from Anthropic. Read more

4. Geopolitical Strife Impacts Bitcoin Market Dynamics

Bitcoin prices dropped amid geopolitical tensions involving the US, Israel, and Iran, showcasing its high volatility in global events. Read more