KREDO AI, an agentic AI reputation layer for Web3, has announced a strategic alliance with Zeni.io, an AI-powered Web3 engagement platform. KREDO AI is a reputation layer designed to verify AI claims against on-chain data, aiming to drive transparency and accountability of AI systems running in decentralized applications. On the other hand, Zeni.io is a
Bitcoin (BTC) fell 2.3% to ~$115,300, pressured by a third major wave of profit-taking and new US tariffs. $6–8 billion in realized gains were recorded in late July, with an “OG whale” selling 80,000 BTC on July 25. New tariff tensions, including measures targeting Canada, have rattled broader risk assets, including crypto. Bitcoin is poised
Pakistan’s Minister of State for Crypto and Blockchain, Bilal Bin Saqib, visited El Salvador in mid-July to establish strategic alliances and gain a deeper understanding of the bitcoin adoption process in the Central American country, to replicate and adapt the positive impact it’s having overall in Pakistan. Bitcoin diplomacy is underway, and such is the
Good Morning, Asia. Here’s what’s making news in the markets: Welcome to Asia Morning Briefing, a daily summary of top stories during U.S. hours and an overview of market moves and analysis. For a detailed overview of U.S. markets, see CoinDesk’s Crypto Daybook Americas. Bitcoin is set to end the trading week in Asia down
Solv Protocol, which offers financial services to bitcoin holders, announced BTC+, an automated vault for generating returns on spot market holdings. The new product taps several crypto sub-sectors and strategies, including basis arbitrage, DeFi credit markets, protocol staking and tokenized real-world assets to offer a one-stop yield-farming shop for BTC holders. The introduction underscores the
Despite their obvious applicability, social currencies have yet to be fully-explored in the context of blockchain use cases. The last crypto cycle saw a variety of experimentation with the concept, but these attempts ran into product-market fit and regulatory barriers, and thus have not ascended into the mainstream consciousness. Builders in Brazil, however, think they
Strategy’s shares fell 1.4% in after-hours trading despite posting a company-record $10 billion in profit in the second quarter, as CEO Phong Le called the Bitcoin-holding company the “most misunderstood and undervalued stock” in the market. Strategy’s operating income rose 7,100% year-on-year (YOY) to $14 billion, the company Michael Saylor co-founded said in its earnings
Bitcoin (BTC) continues to face resistance just under the $120,000 mark, struggling to build enough momentum for a breakout. Over the past 24 hours, the cryptocurrency has remained in a tight trading range above $118,000, representing a slight decline of nearly 4% from its most recent all-time high. Despite the lack of upward movement, analysts