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Jony Ive Deal Removed from OpenAI Site Over Trademark Suit

Jony Ive Deal Removed from OpenAI Site Over Trademark Suit

Bloomberg5 hours ago

Marketing materials and video related to a blockbuster partnership between former Apple Inc. designer Jony Ive and OpenAI Inc. were removed from the web due to a trademark dispute.
Social media users noticed Sunday that a video and website hosted by OpenAI that announced the artificial intelligence company's $6.5 billion acquisition of Ive's secretive AI hardware startup IO Products were no longer online, prompting speculation about a hiccup in the agreement.

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This Crypto Trader Put His Life Savings on the Line—And His $170K Bitcoin Prediction Could Change Everything
This Crypto Trader Put His Life Savings on the Line—And His $170K Bitcoin Prediction Could Change Everything

Yahoo

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This Crypto Trader Put His Life Savings on the Line—And His $170K Bitcoin Prediction Could Change Everything

Benzinga and Yahoo Finance LLC may earn commission or revenue on some items through the links below. Jesse Eckel thought he had crypto figured out. The trader, who admits his 'entire life savings is in crypto,' started 2024 with bold predictions: a Bitcoin strategic reserve, major market dips, and explosive altcoin seasons. Some calls hit—others missed spectacularly. Now, after what he calls being 'completely wrong' about market timing, Eckel has thrown out his old playbook entirely. His new analysis suggests we're not even close to the real crypto boom yet—and when it arrives, it could be unlike anything we've seen before. Don't Miss: — no wallets, just price speculation and free paper trading to practice different strategies. Grow your IRA or 401(k) with Crypto – . For years, crypto traders have relied on a straightforward model: Bitcoin halving events every four years trigger bull markets, followed by 'alt seasons' where smaller cryptocurrencies explode in value. Eckel built his strategy around this framework—until it nearly cost him everything. 'My entire life savings is in crypto, so being wrong costs me heavily in blood,' Eckel explained in a recent "Milk Road" podcast. His wake-up call came when what looked like an alt season in late 2024 turned out to be what he now calls an 'Oat season'—a pale imitation lacking the fundamental drivers of real crypto booms. The problem wasn't just bad timing. The entire four-year cycle model, Eckel realized, was 'outdated.' Digging deeper into market mechanics, Eckel discovered that crypto cycles aren't really about Bitcoin halvings at all. They're about something much bigger: the global debt system breaking down roughly every four years. Here's how it works: When financial systems face serious stress, policymakers panic and inject massive amounts of liquidity—what Eckel colorfully describes as 'green ooze' pumped into a failing tire. This isn't sustainable economic policy; it's what economist Lawrence Leard calls 'mega advanced fraud on the highest level scale.' The key insight? It's not about total money supply, which always increases. It's about the year-over-year growth rate of that supply. Looking at the data, major spikes in M2 growth aligned perfectly with crypto bull markets in 2013, 2017, and 2021. Trending: New to crypto? on Coinbase. Despite a 'pro-crypto administration' and improving regulatory environment, Eckel argues we're still missing crucial ingredients for a true alt season: Insufficient global liquidity growth: Money printing hasn't reached the levels needed to fuel a massive crypto rally Tight credit conditions: Liquidity needs to be 'abundant and widely available,' not just present Limited economic pain: The 'one ring to rule them all' that forces policy changes hasn't materialized yet What we've seen recently—including the post-Trump election rally—represents 'crypto native fuel' rather than the massive institutional and retail FOMO that characterizes real bull markets. Despite recalibrating his timing, Eckel maintains aggressive price targets: Bitcoin: $170,000 to $190,000, with potential for $250,000 if money printing accelerates dramatically Ethereum: $13,000 to $20,000, positioned as a 'catch-up trade' to Bitcoin's digital gold narrative These ranges depend entirely on the 'total size of the blob'—the magnitude of liquidity injection when the next crisis hits. Eckel's models suggest optimal conditions for an alt season could emerge by late 2025, though he acknowledges it might not arrive until early or late 2026. The timing depends on how quickly various 'policy points' flip positive: Tax cuts and deregulation Banking regulation changes (like SLR exemptions) International liquidity from China, Japan, and Europe US dollar weakness (affecting 40% of global debt)When the real alt season arrives, don't expect a repeat of previous cycles where 'everything goes up.' Eckel estimates 99.999999% of crypto tokens are essentially memecoins, with only 1,000 to 2,000 representing legitimate projects with actual utility, teams, and revenue. The next boom will likely reward quality over quantity, as retail investors burned by scams gravitate toward 'safe stuff' with real fundamentals. This represents a 'real movement from pumpamentals to fundamentals.' For investors willing to take significant risks, Eckel highlights two sectors: AI Tokens: Retail investors who missed Nvidia's (NASDAQ:NVDA) massive gains will chase crypto AI tokens for 'life-changing money.' His current pick is Unagi , a $9 million market cap project that pivoted from gaming to AI applications. Decentralized Science (DeSci): Adjacent to AI with 'sci-fi level vibes,' these tokens could benefit from crypto's tendency to fund speculative innovation. Eckel favors Researchcoin , a $36 million project co-founded by Coinbase (NASDAQ:COIN) CEO Brian Armstrong that aims to accelerate scientific research through blockchain-based funding and peer review. Eckel's analysis suggests we're in a unique moment: crypto infrastructure is stronger than ever, regulatory headwinds are easing, and institutional adoption continues—but the massive liquidity event that triggers generational wealth creation hasn't happened yet. For investors, this creates both opportunity and risk. Those who position themselves correctly before the next crisis-driven money printing cycle could see extraordinary returns. But timing remains everything, and as Eckel learned the hard way, being early can be just as costly as being wrong. His strategy reflects this reality: 'heavily betting on alt season' while acknowledging that 'if it doesn't hit, I'm screwed.' It's a high-stakes approach that few retail investors should replicate entirely, but his framework offers valuable insights for anyone trying to navigate crypto's increasingly complex cycles. The question isn't whether another crypto boom will come—it's whether you'll recognize the real signals when they arrive. Read Next: Maker of the $60,000 foldable home has 3 factory buildings, 600+ houses built, and big plans to solve housing — Image: Shutterstock This article This Crypto Trader Put His Life Savings on the Line—And His $170K Bitcoin Prediction Could Change Everything originally appeared on

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