Bitcoin News Australia

👋  Happy Friday. Did this week feel a lot like last week, and the week before? History does seem to repeat itself, just look at what’s happening with Fyre Fest 2. The festival, which was set to begin May 30 in Playa del Carmen, Mexico, has been postponed and ticketholders were refunded. The refund is particularly great news for those who purchased the $1m “Prometheus God of Fyre” package for eight that included a yacht and 24/7 chauffeur service. 

🎧  On the pod: Consumers, in a race to beat tariffs, are swiping their credit cards as “panic buying” takes hold.

NEWS FLASH

✈️   Airport traffic is so last year: Archer Aviation, in partnership with United Airlines, announced its proposed New York City air taxi network that would allow customers to skip traffic to and from the city’s major airports by taking flight. The startup, which has raised $3.36B to date, will start by bringing up to five electric aircraft to NYC to practice running routes before launching; the company has only flown autonomous planes and needs to test piloted flights. United will handle aircraft storage, maintenance, charging, and setting up landing pads at airports. Archer plans to build 650 aircraft annually by 2030 and eventually expand nationwide.  

🤔  MrBeast Willy Wonka experience? Some fans of the world’s biggest YouTuber claim that a three-day immersive experience in Las Vegas was a bust. The event promised a “mystery bag” full of exclusive goodies — including a $10k voucher for one lucky winner — and a MrBeast-themed activation. Instead, some guests complained that they were told to wait in their rooms for the package, which they did for days only to receive a box of chocolates or clearance items from MrBeast’s online store. MrBeast replied to a complaint on X saying his team was “on it,” and opened an invitation for anyone affected to tour his studio. 

🍵  The tea: Chagee debuted on the Nasdaq on Thursday, with shares jumping 30%+ and achieving a market cap of $5B+. The Chinese tea chain, founded in 2017, has 6.4k+ locations across China, Malaysia, Singapore, and Thailand, generated $1.7B in revenue last year, and plans to open its first US location this spring in Los Angeles. Founder Junjie Zhang created the brand to modernize tea drinking, finding inspiration in the success of global coffee chains.

MORE NEWS TO KNOW

• xAI added a “memory” feature to its Grok chatbot that allows it to recall past conversations with a user. ChatGPT and Gemini have similar memory features, allowing the bots to give more personalized responses and learn user preferences.
• A record price tag: Audio-Technica unveiled its new Hotaru turntable at Milan Design Week, and it’s a real showstopper. The record player floats above the base, suspended by magnets, glows, and costs a hefty $10k. Intrigued? The company is taking reservations for the 1k-unit drop.
• Say goodbye to your cheap Shein and Temu hauls: both retailers are raising prices for US customers starting April 25 due to tariffs and the end of a rule that allowed imports under $800 to enter the US duty-free. There is a winner here, though: the environment!

PRESS RESET

Stop loafing. Start achieving

Wait a second… Wasn’t this supposed to be your year? Or was that last year? 

Trick question: It’s every year. Take Jesse Itzler’s super refreshing worksheet to hit the “reset” button in your brain, and explore new ways to dominate in life. 

We bet you’ve never seen the words “refreshing” and “worksheet” in the same sentence. And we really mean it. Give yourself one good hour.