Aethir has launched a $100 million Ecosystem Fund in collaboration with the Blockchain Center Abu Dhabi to stimulate Web3 innovation in the MENA region, with a dedicated emphasis on advancing AI and gaming projects. The fund offers GPU subsidies and token grants to eligible ventures, leveraging Aethir's decentralized GPU cloud infrastructure for high-performance computing. This partnership not only aims to foster technological development but also to provide essential regulatory and market support for emerging projects.

$BITCOIN has surged to a new all-time high of over $106,000, driven by anticipation of a potential executive order from President-Elect Donald Trump to designate it as a US reserve asset. This price increase follows speculation regarding a Federal Reserve rate cut and hints at legislative momentum with multiple states considering $BITCOIN reserve bills. The marked rise in $BITCOIN's value reflects increasing confidence in the cryptocurrency market, which is characterized by an "Extreme Greed" sentiment.