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Traders say Bitcoin holding the $85,000 level is bullish, and charts suggest BNB, HYPE, TAO and RNDR could be the first altcoins to follow a BTC price breakout. Bitcoin (BTC) has risen roughly 1% for the week, indicating a balance between supply and demand. Analysts expect a quiet easter weekend but are divided about the…
OpenAI expects revenue to reach $12.7 billion this year, driven by its paid AI subscription offerings — but Chinese AI rivals are spinning up in droves. OpenAI expects to more than triple its revenue this year to $12.7 billion, despite fast-growing competition from the likes of China’s DeepSeek and other competitors making rapid progress. The…
XRP, ADA and SOL rallied after President Trump’s post about a crypto strategic reserve. Will other altcoins latch on and rally too? Bitcoin (BTC) witnessed solid buying over the weekend as US President Donald Trump announced that Bitcoin, Ether (ETH), XRP (XRP), Solana (SOL), and Cardano (ADA) would be included in a crypto strategic reserve….
Sony Interactive Entertainment has canceled two previously unannounced live service games from Demon’s Souls remake studio Bluepoint Games and Days Gone developer Bend Studio, according to a Bloomberg report. On Bluesky (2), Bloomberg reporter Jason Schreier said that the Bluepoint Games project was a live service God of War game, which it had been working on since finishing…
Former staff members of Annapurna Interactive, who left the publisher in September 2024, will take over the portfolio of the formerly Take-Two Interactive Software-owned Private Division label, which Take-Two Interactive Software said it sold off to an undisclosed buyer back in November 2024, according to a Bloomberg report citing people familiar with the deal. The…
Sony Interactive Entertainment is currently in the early stages of developing a portable console that plays PlayStation 5 games, according to a Bloomberg report citing people familiar with its development. The console is aimed at expanding PlayStation‘s reach and contending with Nintendo for the portable gaming market, and would also act as a counter to…
Ubisoft‘s founding Guillemot family, which has a 14 percent sake in the company, and Tencent, which has a 9.99 percent stake, have reportedly been speaking with advisers to explore ways to stabilize Ubisoft and bolster its value after losing more than half of its market value in 2024, according to a Bloomberg report citing people…
The entire staff of Annapurna Interactive resigned this month following a dispute with owner Megan Ellison, according to a Bloomberg report by Jason Schreier citing people familiar with the situation. Annapurna Interactive president Nathan Gary and his team were reportedly negotiating with Ellison to spin-off the division, which publishes video games, into an independent entity….
NetEase Games has cut “all but a handful of jobs” at Tokyo-based subsidiary Ouka Studios, which just shipped Visions of Mana under contract for Square Enix, and plans to close the studio, according to a Bloomberg report citing people familiar with the matter. The few staff that remain at the studio will reportedly oversee the…
Longtime Dragon Quest series executive producer Yu Miyake will step down from overseeing Dragon Quest games to head up Square Enix‘s smartphone games, according to a Bloomberg report citing people familiar with the matter. The move reportedly comes following delays in developing the next installment of the series. Miyake, who joined Enix in 1990, has…