Bitcoin is once again at a pivotal moment, facing heavy resistance after setting a new all-time high around $124,000 yesterday. The milestone sparked excitement among bulls, but also renewed caution among analysts who warn that slowing momentum could signal a potential market cycle top. Some see the recent hesitation as a sign that buyers may…
Major Wall Street institutions, including Wells Fargo, Cantor Fitzgerald, and Jane Street, have sharply increased their Bitcoin-related holdings over the past months. These firms’ portfolio updates on the stock analytics platform Quiver Quantitative reveal they are investing billions in the top crypto via exchange-traded funds and crypto-focused equities like Strategy (formerly MicroStrategy). Bitcoin ETFs allow…
Trump Executive Order + Lawsuit Ends…Can XRP Hit $10? Trump’s crypto-friendly executive order, coupled with the conclusion of the Ripple-SEC lawsuit, is injecting strong confidence into the XRP market. With policy barriers removed and legal ambiguity lifted, XRP’s price has surged, with investors betting on its potential to not only break through $5 but also…
Massachusetts Institute of Technology (MIT) researchers have employed AI to develop two novel antibiotics effective against drug-resistant gonorrhea and MRSA, potentially offering new strategies to combat infections responsible for millions of deaths each year. By leveraging generative AI algorithms, the team created over 36 million potential compounds and computationally screened them for antimicrobial activity. The…
Decentralized creative-AI platform Sogni AI announced its sponsorship of an international student hackathon in collaboration with Base and Virtuals Protocol, organized by Blockchain@NTU, a student organization at Nanyang Technological University in Singapore. Scheduled from August 16th to 26th, the virtual event invites students from around the world to develop practical applications and solutions using the…
Coinbase has closed its purchase of Deribit in a deal reported at $2.9 billion, a move that brings one of the biggest crypto options venues into the fold of a public exchange. According to Coinbase, the deal was paid with 11 million shares of Class A stock and $700 million in cash. The buy completes…
It was another historic week for the cryptocurrency market as bitcoin, as well as a few altcoins, managed to chart fresh peaks. But let’s begin with the largest digital asset. Just last week, its price struggled to maintain above $117,000 and even dipped below that level on a couple of occasions. However, it had a…
The Bitcoin market is in a state of uncertainty, with signs pointing towards a potential sharp move in either direction. Traders are weighing both technical and geopolitical factors that could act as catalysts for a sudden shift in momentum. On-chain activities in the Bitcoin options market and the high-profile meeting between U.S. President Donald Trump…
TL;DR In just five days, Arthur Hayes purchased over $16 million in altcoins, most recently filling his HYPE, LDO, and ENA bags. Despite focusing on alts lately, he remains a strong BTC advocate, projecting it could reach $250K in the short term and $1 million by 2028. The Latest Purchase Arthur Hayes, the co-founder and…