Author: dfmines

ChatGPT creators OpenAI have introduced rate limits after a viral social media trend that saw nearly everything “Ghiblifyied” — turned into AI art in the style of the famous Japanese animation studio. OpenAI CEO Sam Altman was one of the first to take part in the trend, posting a portrait of himself generated by the model on March 25 but said in a subsequent post two days later that all image requests have started to tax the firm’s infrastructure.“It’s super fun seeing people love images in ChatGPT but our GPUs are melting. We are going to temporarily introduce some rate limits while we work on making it more efficient,” he said.Source: Sam Altman“Also, we are refusing some generations that should be allowed; we are fixing these as fast we can,” he added.OpenAI launched the upgraded image generation offering in ChatGPT-4o on March 25, resulting in users splashing images across social media in the art style of Studio Ghibli — known for its anime films Spirited Away and My Neighbor Totoro.Altman didn’t give a definitive timeline on how long the rate limits would last but said, “Hopefully, it won’t be long! ChatGPT free tier will get three generations per day soon.”Rate limits are generally applied to help OpenAI manage the aggregate load on its infrastructure, according to OpenAI. Related: Ghibli memecoins surge as internet flooded with Studio Ghibli-style AI images“If requests to the API increase dramatically, it could tax the servers and cause performance issues. By setting rate limits, OpenAI can help maintain a smooth and consistent experience for all users,” OpenAI says on its rate limit explanation page.Along with the legions of others getting in on the trend, X and Tesla CEO Elon Musk shared an image mimicking King Mufasa from Disney’s The Lion King holding up a Shiba Inu. White House AI and crypto czar David Sacks also joined in, using the Studio Ghibli-art style on an image of himself at an event.Source: David SacksMeanwhile, Bloomberg reported on March 26 that OpenAI expects to more than triple its revenue this year to $12.7 billion, citing a person familiar with the matter.Altman said on Feb. 12 his firm wants to ship GPT-4.5 and GPT-5 in the coming weeks or months.Magazine: ‘Chernobyl’ needed to wake people to AI risks, Studio Ghibli memes: AI Eye

Avalanche (AVAX) has been one of the standout performers in recent weeks, surging more than 53% since March 11 as bulls attempt to kickstart a broader recovery rally. The strong rebound follows a brutal correction in which AVAX lost over 72% of its value since mid-December 2024, triggering widespread capitulation and fear across the market. Now, with price action showing signs of strength, investors are cautiously optimistic — but uncertainty remains. Related Reading: Solana Tags Upper Bollinger Band For First Time Since ATH — Is Momentum Returning? While the recent rally has brought some relief, many analysts believe the market may be entering a consolidation phase. AVAX is currently struggling to hold above the $22 mark, a key resistance level that could determine whether the uptrend continues or stalls. Several technical signals are flashing caution as momentum begins to slow. Top analyst Ali Martinez shared insights on X, pointing out that the TD Sequential indicator is now presenting a fresh sell signal. This suggests that AVAX may be due for a short-term pullback or a period of sideways movement. With the broader market still under pressure, traders are watching closely to see whether Avalanche can maintain its gains or lose momentum. Avalanche Wakes Up But Faces Serious Risks Avalanche is showing signs of life after enduring months of intense selling pressure. Like many altcoins, AVAX has been heavily impacted by macroeconomic volatility, losing over 70% of its value since mid-December 2024. Now, as bullish momentum begins to return across select altcoins, Avalanche is attempting to stage a recovery rally. The recent 53% surge since March 11 has revived hopes that AVAX could be ready to break out — but headwinds still remain. The broader market environment continues to be shaped by uncertainty. Trade war fears and unstable macroeconomic signals have kept pressure on risk assets, including cryptocurrencies. Many investors remain cautious and are still offloading positions near current levels, concerned about the long-term direction of the market. While momentum is returning to some sectors, the path for Avalanche is far from clear. Top analyst Ali Martinez recently highlighted a technical development using the TD Sequential indicator. After accurately calling the recent bottom and a 50% rally in AVAX, the indicator is now flashing a sell signal. This suggests that Avalanche could be due for a short-term retrace or period of consolidation before any further move higher. The $22 level remains a crucial resistance zone for AVAX. A temporary cooldown here may be healthy — giving bulls time to regroup before attempting a breakout. If AVAX can hold key support and reset after the current rally, it could build a stronger foundation for a decisive push above $22 in the weeks ahead. For now, all eyes are on price action as Avalanche balances between correction and continuation in a market still clouded by uncertainty. Related Reading: Ethereum Reclaims Realized Price – Bulls Face Strong Resistance At $2,300 AVAX Struggles Below $22 As Bulls Aim For $30 Breakout Avalanche (AVAX) is currently trading at $21.80 after briefly reaching $23.40 just two days ago. The recent pullback reflects cooling momentum as bulls struggle to maintain pressure near short-term resistance. Still, the trend remains intact — for now. To sustain the recovery rally, bulls must defend current levels and push toward reclaiming the $30 mark, which aligns with the 200-day moving average (MA) and 200-day exponential moving average (EMA). A successful breakout above this zone would be a strong bullish signal and could mark the beginning of a larger uptrend. However, failure to hold above $20 in the coming days would be a warning sign. A breakdown below this level could trigger increased selling pressure and send AVAX back toward the $17 zone — a key support area from previous consolidations. As Avalanche continues to trade within a volatile range, the next few sessions will be crucial in determining short-term direction. Related Reading: Dogecoin Breaks Above Bullish Daily Pattern – Analyst Sees A Surge To $0.43 With the market still under macroeconomic pressure, bulls must act quickly to maintain momentum. A decisive move above $30 remains the target, but holding the $20 level is just as important to avoid a deeper retrace and renewed bearish sentiment. Featured image from Dall-E, chart from TradingView 

The incoming SEC chair vowed to prioritize a clear crypto framework, criticizing outdated rules for hindering innovation and U.S. leadership. Incoming SEC Chair Calls for Clear Crypto Rules, Economic Revival Under Trump Digital asset policy took center stage as Paul Atkins, President Donald Trump’s nominee to lead the U.S. Securities and Exchange Commission (SEC), addressed […]

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Crypto.com is a cryptocurrency exchange where you can buy, sell, and trade over 350 cryptocurrencies, including Bitcoin and Ethereum. It’s more than a trading platform: you can also stake your crypto, earn rewards, and make everyday purchases using the Crypto.com Visa Card.  The app is user-friendly and comes with powerful security features. The platform supports…
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The crypto market is still trying to recover from its crash in early March, and sentiment is currently fluctuating. Although the Fear & Greed Index is still in the fear zone, the Bitcoin price is now slowly pushing back toward $90,000, which has been slowly changing the sentiment among altcoins. Rekt Capital, an influential analyst on X, reignited hope for an incoming altcoin season with a key technical signal. According to the post, a breakout in the altcoin market cap could soon take shape if one critical condition is met. The analyst shared a chart and commentary suggesting that the next major rally may already be in motion, provided that the altcoin market cap can secure a weekly close above a particular level. Weekly Close Above $250 Billion Could Be The Game Changer The altcoin market cap reached a multi-month low in the first week of March after the crash that saw many cryptocurrencies shell out weeks of price gains within a short period. This crash briefly pushed the altcoin market cap below $200 billion, although it eventually closed the week above this threshold. However, this market cap has steadily been inching upwards in the last two weeks since the crash. Related Reading: Crypto CEO Calls Start Of The Altcoin Season With A Caveat At the time of writing, the altcoin market cap has risen back to around $249 billion. Technical analysis from crypto analyst Rekt Capital emphasized that a weekly close above the $250 billion mark would mark a significant technical shift for alts. This level, highlighted in blue on the chart below, will be an important resistance level for crypto investors waiting for the altcoin season. The analyst noted that a decisive close above it would likely precede a breakout rally toward the $315 billion level, marked in red. That move wouldn’t just signal short-term bullishness; it would also serve as confirmation that the bottom for altcoins has already been established. However, even if the altcoin market cap were to surge quickly towards $315, there would still be some work to do to return in order to the recent high of $451 billion set in December 2024. Shallow Correction Points To Stronger Momentum Ahead For Altcoin The nature of the current correction from this $451 billion altcoin market cap adds more weight to the possibility of an altcoin rally. According to the analyst, the ongoing correction has only reached a 55% drawdown from its local high, notably shallower than the previous major altcoin bear market retracements of 69% and 85%.  Related Reading: Altcoins Season: Recent Crypto Dip Shows Decline May Be Over And Bulls Are Taking Charge The shallower decline in the current retracement is interpreted as a sign of growing market maturity among altcoins. This implies that the selling pressure may be waning and that bulls are preparing for a stronger push. It also means that the $425 billion altcoin market cap resistance is weakening as a point of rejection, which in turn increases the chances of a breakout at the next visit. Featured image from iStock, chart from Tradingview.com

Strategy’s executive chairman, Michael Saylor, sparked debate with a poll suggesting Gamestop must buy over $3 billion in bitcoin to earn BTC legitimacy. Michael Saylor Turns up the Heat With Poll—Can Gamestop Meet BTC Expectations? Michael Saylor, co-founder and executive chairman of software intelligence firm Microstrategy (Nasdaq: MSTR), which recently rebranded as Strategy, launched a […]

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