DePHY Network, a decentralized infrastructure platform serving as a foundational bridge between AI, DePIN, and DeFi, announced a strategic collaboration with Hyra Network, a decentralized AI and DePIN ecosystem. DePHY’s multi-layered architecture is designed to address major challenges in the DePIN landscape. Using this partnership, it’s equipped to play a crucial role in revamping Hyra’s
Several regional banks in the United States are facing renewed stress despite strengthening their finances after the 2023 banking crisis, and Bitcoin could benefit from any liquidity crisis that follows. Strike CEO Jack Mallers sees the banking stress as validation that Bitcoin (BTC) is correctly pricing in an impending liquidity crisis, opining that the Federal
Orochi Network, a Verifiable Data Layer for real-world assets (RWAs), has announced that Orochi has raised an additional $8 million, bringing the total funding to $20 million. Basically, it will create and strengthen the backbone of Verifiable Data Infrastructure to drive institutional trust, open tokenization of RWA, and allow a secure, auditable enterprise system. We’re
Bitcoin prices extended their recent losses on Friday, October 17, dropping to their lowest value in more than three months as several factors combined to fuel continued declines. The world’s most prominent digital currency reached as little as $103,516.25, according to Coinbase data from TradingView. At this point, the cryptocurrency was down roughly 18% from
Ultiland, a popular Web3-based utility-led metaverse ecosystem, has partnered with TradeTalent, a Web3 firm connecting blockchain talent and decentralized projects. The partnership aims to redefine the creator economy’s future with AI integration with Web3 innovation. As the official social media announcement of Ultiland reveals, the collaboration endeavors to transform intellectual property, culture, and art into
The crypto market has failed to sustain the initial “Uptober” hype as prices of leading cryptocurrencies, especially Bitcoin, have returned to levels not seen in months, with bearish sentiments increasingly intensifying. While Bitcoin has continued to plunge deeper, renowned crypto market prediction platform Polymarket has disclosed data showing a 52% chance that Bitcoin will fall
With the sweeping bearish force in the market, analysts are now predicting where Bitcoin price could go in the next few months. Today, the price of Bitcoin dipped to $103,538 after trading much higher at $110,700. This drop is part of four consecutive days of Bitcoin declines, falling consistently lower and closing below the previous
The cryptocurrency market experienced a significant sell-off this week, with Bitcoin losing 9%, Ethereum losing 6%, and XRP losing 15%. Some altcoins saw even steeper declines. Analysts state that this sharp pullback may be due to both geopolitical developments and investors’ expectations of the classic “four-year cycle.” Last Friday, following US President Donald Trump’s threat
The US government has seized nearly 130,000 BTC — worth almost $15 billion — marking the largest forfeiture action in history and spurring discussions of what this could mean for the newly-created strategic bitcoin reserves. Experts warn that the road ahead is lengthy. The actual seizure of the assets is only the first step, though.