To get an idea of how big a deal AI-based commerce could be for crypto, ask entrepreneurs and developers involved in digital assets, particularly stablecoins. They’ll happily tell you blockchain-based money is the natural fit, an essential element in the mix and so forth. Their logic is simple. Over the past few years, stablecoins —
Bitcoin’s price returned to trade in the red following a five-day rise since the March 9 low of $65,820. The largest cryptocurrency rose to $73,698 on Friday, the top of its recent trading range, before retreating. In a tweet, veteran trader Peter Brandt highlights a familiar pattern on the Bitcoin chart, which was accompanied by
The Bitcoin network saw its 20 millionth $BTC mined this week, leaving just 1 million coins left to be paid as rewards to miners. The milestone has crypto industry observers taking stock of the rapidly changing Bitcoin mining industry, and weighing the economics of a shifting landscape against expectations of Bitcoin’s performance as an investment.
Trading veteran Todd Horwitz is warning that the United States economy could be heading toward a severe downturn reminiscent of the 2008 financial crisis as economic pressures build beneath seemingly stable financial markets. His concerns come as recent data showed the U.S. economy expanding at a much slower pace than expected, he said in an
Tech investor and former Coinbase chief technology officer Balaji Srinivasan has called on the crypto industry to develop more financial tools for refugees and stateless people. In a Saturday post on X, Srinivasan said the number of displaced individuals could grow as global conflicts intensify and economic migration increases. He pointed to examples ranging from
Corporate finance continues to evolve as companies explore new ways to strengthen balance sheets and generate yield. Traditional treasury models focused heavily on bonds, cash reserves, and conservative instruments. However, the rapid rise of digital assets and innovative financial products now pushes companies to rethink how they allocate capital. Strive Inc. recently delivered one of
Bitcoin once again approaches a major turning point as traders monitor a massive liquidation zone. Market data shows that more than one billion dollars in leveraged short trades sit dangerously close to forced closure levels. A price increase of roughly three thousand dollars could wipe out these trades quickly. This situation places crypto short liquidation
Chip giant NVIDIA is preparing to unveil a powerful new artificial intelligence processor designed to speed up how chatbots and other AI tools generate responses, potentially making today’s systems like ChatGPT appear sluggish by comparison. The new platform, expected to debut at NVIDIA’s annual GTC developer conference, is optimized for AI inference, the stage when
Former UK Prime Minister Boris Johnson has reignited the cryptocurrency debate with his harsh statements about Bitcoin. Johnson said he has long suspected that Bitcoin could be “a giant Ponzi scheme,” and that some investor stories he has recently heard have reinforced this view. Johnson voiced his criticisms of the cryptocurrency market through a personal
The world’s largest cryptocurrency has entered one of its longest consolidation phases in recent years. Bitcoin has now remained below the $100,000 level for more than 120 days. This milestone has captured the attention of traders, analysts, and institutional investors worldwide. The prolonged Bitcoin price consolidation signals a market that is digesting previous gains while