AI’s Cash-Siphoning Obsession: Will Tech Giants Drown in Their Own Code?

The AI gold rush has everyone from Microsoft to Meta acting like they’ve inherited a trust fund from a grumpy 19th-century tycoon. 💸 But here’s the twist: they’re splashing cash on servers, GPUs, and power bills like they’re at a tech-themed Burning Man. Greg Ip, WSJ’s resident economics sage, points out that while profits are up, free cash flow—the lifeblood of a company that doesn’t want to live paycheck to paycheck—is vanishing faster than a Bitcoin wallet in a coffee shop.

White House Crypto Rules: Clearer Waters or Just More Confusing? 🤔

Last Wednesday, the not-so-mysterious working group, led by none other than President Trump’s crew — because who said you can’t have a little irony in crypto? — rolled out a report filled with shiny recommendations on how to organize the chaos: market structure, banking regulations, and how to get the US dollar to wear a crown of stablecoins and crypto taxes, because apparently that’s what’s trendy now.

Cardano Spends $71M to Boost Its Future—Will It Finally Impress the Skeptics?

According to AdaStat’s latest gossip — I mean data — the proposal sailed through with 74% support. That’s 200 voices shouting “Yes!” amidst only six uttering “No,” and seven modest abstainers. Quite the democratic fete, don’t you think? The funds, much like the czar’s treasury, will emanate from the decentralized depths of the on-chain coffers, pioneering a new era where even the noblest protocols get direct cash infusion. Is this the dawn of genuine governance or just finance masquerading as progress? Well, that’s a chat for another coffee. ☕

Whale Exodus: Ethena’s Meteoric Rise Faces Epic Token Unlock

Per crypto.news, Ethena (ENA) was trading at $0.61 at press time, a modest 11% gain over the past 24 hours. This latest leap extends its 30-day rally to a staggering 142%. Trading volume has swelled by 33%, propelling ENA to the top of the day’s performers and securing its place as the 41st most valuable cryptocurrency. 🌟

Toncoin’s Torrid Ordeal: Investors Gaze Into Crypto Abyss, Hope for $3.80 Salvation 😳

At this moment, as fate would have it, Toncoin (TON) trades at $3.56—having snuck down 1.3%—but remains 3.6% higher than last week, and marks a magnificent 30% ({almost Dostoyevsky’s age at his debut trial}) leap in the last moon’s orbit. Between $3.20 and $3.70, the coin—like a Petersburg intellectual pacing his garret—oscillates, muttering to itself about “true value.”

Cardano’s Community Votes to Fund Core Upgrades—A Historic Milestone! 🎩✨

The approval authorizes a treasury withdrawal of 96,817,080 ADA for the 2025 Input Output Engineering (IOE) Core Development Proposal. This is the first time Cardano’s community has explicitly sanctioned core engineering spend via governance, rather than relying on pre-agreed budgets or foundation allocations. A bold step, though one might question the wisdom of entrusting such a vast sum to a single company. đŸ§