Crypto entrepreneur and billionaire Mike Novogratz thinks that Ethereum has the ability to outperform Bitcoin over the next few months. During a Thursday interview with CNBC, the CEO of digital assets infrastructure company Galaxy said that institutional interest could push the second-biggest cryptocurrency higher after a recent surge. Ethereum—or ETH—was recently trading at nearly $3,730
United States President Donald Trump made a statement to the press during his visit to the FED headquarters together with FED Chairman Jerome Powell. Responding to a question about whether he would retract his previous criticisms, Trump stated that he hoped Powell would lower interest rates and said that the board’s decision should be taken
A wallet that has been dormant since the early days of Bitcoin transferred 3,962 BTC worth $469 million to a new address today. According to Arkham Intelligence data, the whale investor who made this transfer accumulated Bitcoin in 2011 when it was around $0.32. The wallet in question had been virtually inactive for the past
Elon Musk-led artificial intelligence company xAI announced a strategic partnership with US-based prediction market platform Kalshi. As part of the partnership, xAI’s AI chatbot, Grok, has been integrated into Kalshi’s platform. The collaboration marks Grok’s first foray into prediction markets. xAI announced the development in a post on X (formerly Twitter): “Kalshi and xAI are
Bitcoin activist Udi Wertheimer, one of the well-known names in the cryptocurrency world, conducted a really interesting experiment. Wertheimer asked Grok’s most advanced AI mod, the “Grok 4 Heavy,” when Bitcoin would reach $400,000. The mod paid $3,000 to perform this transaction. This mod is claimed to be the most advanced AI mod in the
Ethena Labs is preparing to debut its nearly $1.5 billion USDtb stablecoin in the U.S., less than a week after U.S. President Donald Trump signed a regulatory framework into law for stablecoins that is expected to grow consumer demand for the tokens. The synthetic-dollar protocol is partnering with Anchorage Digital, a cryptocurrency bank, to issue
David Marcus, a former skeptic-turned-Bitcoin believer, has some kind words for Bitcoin, stating that it is exactly what the world needs. The former PayPal CEO took to X on July 23 to analyze the shortcomings of the current settlement system. He noted that the approach to mend this sector by regurgitating the same centralized means
The world of cryptocurrency investment is buzzing with excitement, and for good reason. A significant development has recently captured the attention of both seasoned investors and curious newcomers: Grayscale Investments’ Bitcoin Mini Trust ETF has achieved a truly remarkable feat, surpassing an astonishing $5 billion in assets under management (AUM) in less than a year
Fidelity has filed with the US Securities and Exchange Commission (SEC) to enable in-kind redemption for FBTC, its spot Bitcoin exchange-traded fund (ETF). Bloomberg Intelligence ETF research analyst James Seyffart confirmed the application on X. Seyffart’s confirmation came as a rebuttal to the rumors circulating that FBTC now allows in-kind redemption. According to the commentator,
Layer-2 blockchain network Build on Bitcoin (BOB) has rolled out a major technical upgrade that brings it closer to getting a fully decentralized mark on L2Beat, a platform that ranks the maturity and decentralization of layer-2 networks. BOB, which aims to bring Ethereum-style decentralized finance (DeFi) capabilities to Bitcoin, has implemented zero-knowledge (ZK) fraud proofs