45 days ago

Trump Family’s Meme Coin Fiasco Triggers $1.1 Billion in Crypto Liquidations

Meme coins are a particularly intriguing part of the cryptocurrency space as they can lead to remarkable price increases within days and sometimes hours. However, they can cause significant pain and disappointment when (most of them) inevitably crash. The dangers are amplified when it comes down to meme coins launched by the US president-elect and the former and future first lady. The Trump Meme Coin Saga The last weekend before Trump’s inauguration was expected to be the calm before the storm. However, that couldn’t be further from the truth due to Friday evening’s launch of Official Trump – a Donald Trump-backed and endorsed meme coin. Given his stature and upcoming role, the token turned all eyes on itself and exploded in value. At one point, it was close to cracking in the top 10 largest cryptocurrencies by market cap as its own had grown to nearly $15 billion. That’s right, $15 billion attracted within a day or so. It surpassed more established memes like PEPE and SHIB before the latter eventually reclaimed its place as the second-largest in its field, but the current difference is quite negligible. TRUMP’s price peaked at around $75, according to CMC and CG, before the upcoming president’s team decided to rock the markets again on Sunday evening and introduced a Melania meme coin. This had a multi-fold effect – the newer Trump family token skyrocketed, reaching a high of $13 (CMC), while its ‘older’ sibling dumped by 50% at one point, wiping out billions of its market cap. It went from the aforementioned high of $75 to $38 within hours before recovering some ground to just under $60 now. Liquidations on the Rise TRUMP’s price crash affected the rest of the market as well. BTC went from its monthly peak of just over $106,000 to under $100,000 within an hour or so, and most altcoins followed suit with massive price drops. Despite recovering from their overnight lows, assets like SOL, DOGE, ADA, AVAX, SUI, and XLM have dumped by somewhere between 6-8%. Even more painful declines come from PEPE, VET, APT, and others. Naturally, these developments led to a cascade of liquidations across the entire market. The total value of wrecked positions in the past day is close to $1.2 billion, with more than 400,000 traders liquidated. Although the single-largest wrecked order involved BTC, TRUMP’s token saw $140 million in liquidations as well, placing it ahead of more established assets like SOL, DOGE, and XRP. These developments continue to raise the important question of whether the introduction of not one but now two meme coins by the future first family is good or bad for crypto . Liquidation Heat Map. Source: CoinGlass The post Trump Family’s Meme Coin Fiasco Triggers $1.1 Billion in Crypto Liquidations appeared first on CryptoPotato .

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Revolutionary Update: ChatGPT on macOS Now Directly Edits Code

Exciting news for macOS users in the crypto and tech space! Imagine the power of ChatGPT, seamlessly integrated into your coding workflow. Well, stop imagining – it’s now a reality! OpenAI has just rolled out a game-changing update to the ChatGPT macOS app, enabling it to directly edit code within your favorite developer tools . This is a massive leap forward for AI-assisted coding, promising to boost productivity and streamline development like never before. Let’s dive into what this revolutionary update means for you. ChatGPT macOS Code Editing: A Paradigm Shift for Developers For macOS users, the latest ChatGPT app update is nothing short of a game-changer. Forget tedious copy-pasting between your IDE and ChatGPT. Now, if you’re using Xcode, VS Code, or JetBrains, ChatGPT can directly modify your code. This powerful integration streamlines your workflow and allows for a more fluid and intuitive coding experience. Subscribers to ChatGPT Plus, Pro, and Team are already experiencing this feature, with broader access for Enterprise, Edu, and free users coming next week. Windows users, don’t worry! Direct code editing is slated to arrive on the Windows app soon, according to OpenAI’s product team. ChatGPT for macOS can now edit code directly in IDEs. Available to Plus, Pro, and Team users. pic.twitter.com/WPB2RMP0tj — OpenAI Developers (@OpenAIDevs) March 6, 2025 How Does Direct Code Editing Work in ChatGPT macOS? This feature builds upon OpenAI’s ‘work with apps’ capability, launched last November. This initial step allowed ChatGPT to read code from various development environments, reducing the need for constant copy-pasting. Now, taking it a step further, ChatGPT can actively edit that code, offering a more integrated and efficient workflow. Here’s a breakdown of what makes this update so significant: Seamless Integration: ChatGPT now interacts directly with popular code editors like Xcode, VS Code, and JetBrains. Auto-Apply Mode: For an even faster workflow, users can enable ‘auto-apply’ mode, allowing ChatGPT to implement edits without requiring manual confirmation for each change. Enhanced Productivity: By eliminating the copy-paste step and enabling direct manipulation, developers can focus more on problem-solving and less on tedious tasks. Wider Accessibility: While currently available for paid subscribers, OpenAI is rapidly expanding access to free and enterprise users, making this powerful tool accessible to a wider audience. ChatGPT vs. AI Coding Tools: Stepping into the Ring? With this update, ChatGPT is stepping more directly into the arena of specialized AI coding tools like Cursor and GitHub Copilot. These tools have already gained significant traction in the developer community, and ChatGPT’s new capabilities position it as a strong contender. OpenAI’s rumored ambitions to launch a dedicated software engineering product further underscore their commitment to this space. The Rise of AI Assistants in Coding: A New Era? The adoption of AI assistants in coding is rapidly accelerating. Recent data from GitHub indicates that a vast majority of developers are already using AI tools in some capacity. Jared Friedman, a partner at Y Combinator, even suggests that a significant portion of codebases in their W25 startup batch are now generated almost entirely by AI. This highlights a monumental shift in how software is being developed, with AI playing an increasingly central role. Navigating the Challenges of AI Coding Tools While the potential benefits of AI coding tools are undeniable, it’s crucial to acknowledge the associated challenges. Concerns around security, copyright, and the reliability of AI-generated code are valid and need careful consideration. Studies, like one from software vendor Harness, indicate that developers may spend more time debugging AI-generated code and addressing security vulnerabilities compared to human-written code. Similarly, a Google report points to potential trade-offs between development speed and delivery stability when using AI in code reviews and documentation. As we embrace these innovative tools, it’s vital to approach them with a balanced perspective, understanding both their strengths and limitations. Actionable Insights for Developers: Embracing ChatGPT macOS Code Editing So, how can you make the most of this new ChatGPT macOS feature? Here are a few actionable insights: Update Your App: If you’re a ChatGPT Plus, Pro, or Team subscriber on macOS, ensure you’ve updated to the latest version of the app to access direct code editing. Experiment with Auto-Apply: Test out the ‘auto-apply’ mode to see if it enhances your workflow. Be mindful and review changes, especially initially, to ensure accuracy. Explore Use Cases: Think about areas in your coding process where ChatGPT’s direct editing could be most beneficial. Consider tasks like refactoring, bug fixing, or code generation. Stay Informed: Keep an eye on updates from OpenAI regarding the rollout to other user tiers and the upcoming Windows app integration. Conclusion: A Bold Step Towards AI-Powered Development OpenAI’s integration of direct code editing into the ChatGPT macOS app is a significant stride forward in the evolution of AI coding tools . It promises to enhance developer productivity, streamline workflows, and further democratize access to AI-powered assistance. As AI continues to reshape the software development landscape, embracing these powerful advancements while addressing the associated challenges will be key to unlocking a more efficient and innovative future for coding. To learn more about the latest AI coding tools trends, explore our articles on key developments shaping AI features and institutional adoption. Crypto Potato

Canary Capital registers SUI ETF in Delaware

Canary Capital`s move could accelerate mainstream adoption of blockchain assets, influencing future ETF offerings and regulatory landscapes. The post Canary Capital registers SUI ETF in Delaware appeared first on Crypto Briefing . Crypto Potato