CDARI, a renowned Web3 ecommerce entity, has collaborated with Krain AI, an infrastructure layer to drive AI economy. The partnership is aimed at developing a robust infrastructure layer to back the swiftly advancing AI economy. As mentioned in the official social media announcement shared by CDARI, the development focuses on merging the next-gen infrastructure solutions
Key Takeaways Odds on Polymarket for Bitcoin to sink to $100,000 in October have climbed to nearly 60%. Polymarket is an influential prediction market platform where users bet on various cryptocurrency outcomes. Polymarket traders now assign nearly 60% odds to Bitcoin falling to $100,000 in October, reflecting growing bearish sentiment after the price dropped from
Lumera Protocol, the AI-first Layer-1 that grew out of Pastel Network, has launched the Lumera Hub and a new permanent storage module called Cascade. Rolling out after Lumera’s mainnet debut, the Hub is meant to be the one place both developers and everyday users go to interact with the network, whether that’s storing files, running
Bitcoin (BTC) continues to face market headwinds, with the price sliding 13.3% over the past week and losing key support levels. However, recent analysis suggests that China’s expanding liquidity — rather than that of the United States — could soon emerge as the driving force behind Bitcoin’s next major rally. Bitcoin Faces Pressure, but China’s
In a historic effort, Japan’s largest financial institutions – Mitsubishi UFJ Financial Group (MUFG), Sumitomo Mitsui Financial Group (SMBC), and Mizuho Financial Group – are combining forces to initiate a shared endeavor to create a stablecoin. The goal is to act as a front line between the antiquated fiat currency world and the rapidly moving
Metaplanet President Simon Gerovich has defended the company’s shift toward issuing preferred shares. His remarks come amid tightening liquidity conditions and waning market enthusiasm for “microstrategy-style” companies. Metaplanet President Makes a Case for Preferred Share Strategy Simon Gerovich says the company’s stock strategy is part of a capital optimization phase to boost Bitcoin holdings per
According to David Bailey, KindlyMD CEO, the initial hype surrounding firms holding large Bitcoin reserves is cooling as investors become more cautious. So far, Bitcoin treasury companies have watched their market net asset values (mNAVs) tumble in the past few months. Speaking to CNBC on Thursday, Bailey remarked, “The market’s getting more sophisticated, it’s learning
Story Highlights Japan’s central bank hints at higher interest rates in 2025, emphasizing a cautious,> Inflation has stayed above 2% for over three years, but Governor Ueda urges caution, focusing on wage-driven growth. The BoJ is scheduled to hold its next policy meeting on October 29-30. Japan’s central bank is hinting that higher interest rates
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Bitcoin’s (BTC) losing streak deepened on October 17, with the flagship cryptocurrency plunging to just above $104,000 and shedding almost $150 billion in market value in less than 24 hours. The decline pushed BTC’s market capitalization from $2.216 trillion on October 16 to $2.07 trillion, raising fears that the $100,000 threshold could be tested in