OpenAI Fails to Meet Sales and User Acquisition Targets
OpenAI has missed its self-imposed targets for new user growth and sales, with internal worries mounting that the company may struggle to fund its massive artificial intelligence infrastructure spending, according to a Wall Street Journal report cited by Sentinel Beating (via its Telegram channel at t.me/OneMillion_AI).
Citing people familiar with the matter, the Journal notes OpenAI fell short of its internal goal to reach 1 billion weekly active ChatGPT users by the end of 2025—this as rival Anthropic has gained ground in programming capabilities and the enterprise market. The company has not disclosed the missed milestone, stoking unease among some investors. Additionally, insiders say OpenAI is also facing challenges with subscriber churn rates.
OpenAI Chief Financial Officer Sarah Friar has flagged concerns in executive discussions that the company may not afford its future computing needs if sales don’t ramp up quickly enough. In recent months, she has also expressed reserv
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The "Long 4500 ETH" Whale Suffers 6 Liquidations Totaling $4.9 Million, Becoming the Largest On-Chain Liquidation of the Day
On April 28th, **HyperInsight Monitoring** reports that the whale facing the biggest on-chain liquidation pressure yesterday—who held a 4,500 ETH long position—has suffered **6 consecutive liquidations totaling ~$4.91 million**, making it today’s largest on-chain liquidation address.
### Current Open Positions:
- **ETH**: 1,620 ETH liquidated (~$3.67M); remaining position ~$6.62M; liquidation price $2,250
- **BTC**: 10.8 BTC liquidated (~$830K); remaining position ~$1.48M; liquidation price $70,020
- **HYPE**: 99,000 HYPE liquidated (~$410K); remaining position ~$1.46M; liquidation price $37.45
### Background:
The address opened a **25x leveraged ETH long position** last Monday, rolled over continuously for a week, and added 500 ETH to the position early yesterday morning. It encountered two rounds of market downturns last night and this morning, losing ~$610,000 across its three long positions.
**Address**: 0xe1d3baa26d94f53897efbeb550d95cc2ab72d5f7
This rewrite
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Arthur Hayes: Expects Bitcoin to Continue Surging, Year-End Price Target Around $125,000
BitMEX co-founder Arthur Hayes told attendees at the Bitcoin 2026 conference on April 28 that he’s increasingly bullish on Bitcoin’s future.
AI is set to displace millions of knowledge workers—a shift that could saddle the banking system with hundreds of billions in credit losses, echoing the subprime mortgage crisis. But the U.S. is now at war, with its new defense budget poised to jump ~50% to $1.5 trillion. The U.S. government won’t cut spending; instead, it will print massive amounts of money.
The enhanced Supplementary Leverage Ratio (SLR) rule, effective April 1, lets banks hold fewer reserves and more government bonds. S&P Global projects this will unlock ~$1.3 trillion in extra lending capacity for banks—primarily for defense firms and AI infrastructure. With a bank lending money multiplier of ~3, this could ultimately create ~$4 trillion in new credit.
Federal Reserve Chair nominee Wash plans to shrink the Fed’s balance sheet while easing bank regulations, letting com
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Current mainstream CEX and DEX funding rates display a significant reduction in bearish sentiment
April 28th – Per Coinglass data, Bitcoin’s slight dip has coincided with a notable easing of bearish sentiment across major centralized (CEX) and decentralized (DEX) exchanges, as reflected in current funding rates (see attached chart).
**Note from BlockBeats**: Funding rates are fees set by crypto exchanges to align perpetual contract prices with underlying asset values. They facilitate fund exchanges between long and short traders; exchanges do not collect these fees. The mechanism adjusts holding costs or benefits for traders to keep contract prices tethered to the underlying asset.
**Key Baseline**: A 0.01% funding rate is the benchmark. Rates above 0.01% signal broad bullishness, while rates below 0.005% indicate general bearishness.
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The crypto market has shifted from "Neutral" to "Fear," with the Fear & Greed Index dropping to 33
On April 28, the cryptocurrency Fear & Greed Index stands at 33, down from 47 yesterday, per Alternative Data. Market sentiment has shifted from "Neutral" to "Fear."
Note: The index ranges from 0 to 100, based on six key indicators:
- Volatility (25%)
- Market Volume (25%)
- Social Media Hype (15%)
- Market Surveys (15%)
- Bitcoin Dominance (10%)
- Google Trends (10%)
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WSJ: Iran Begins Using Abandoned Oil Tankers for Oil Storage
April 28: Iran is urgently seeking new oil storage solutions to avoid a crippling shutdown, per The Wall Street Journal, as U.S. Navy blockades and stalled negotiations pile up domestic crude. The country is now restarting abandoned sites nicknamed "junkyards" for storage, using makeshift containers, and trying to resume oil exports via rail.
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