The pioneer cryptocurrency Bitcoin ($BTC) retraced from its weekly high of $82,833 amid the renewed uncertainty in the middle east war. The pullback gained additional momentum as $BTC’s futures logged their 67th straight day of negative funding rates— a move that highlights sellers’ conviction for a prolonged correction in its price. However, the historical data
Amazon just dropped $44.2 billion in a single quarter on capital expenditures. That’s not a typo. The figure represents a 77% increase from the $25 billion the company spent in the same period last year, and it signals that Amazon’s AI spending spree is accelerating, not slowing down. The numbers behind Amazon’s AI bet The
More than $3 trillion in digital assets could eventually become vulnerable to theft within the next four to seven years, according to a new report from Project Eleven. Project Eleven focuses on post-quantum security and migration for digital assets and recently announced a collaboration with the Solana Foundation to prepare its network against the threat
To most people, trading in cryptocurrencies like bitcoin , boils down to a simple question: Will prices go up or down? But there’s another dimension to trading, which is volatility, a measure of how volatile prices could be regardless of direction. It’s already a hugely popular trade in stock markets, and now CME wants to
José Luis Escrivá, one of the European Central Bank’s most vocal voices on modernization, is pushing central banks to take a hard look at whether their financial infrastructure can survive the AI era. His message is straightforward: the systems that underpin European finance were not built for a world where machine learning models can move
BlackRock (BK), the world’s largest asset manager, overseeing $14 trillion in assets, is deepening its push into tokenized finance with a pair of new filings tied to blockchain-based U.S. Treasury and money-market funds. In a Friday filing with the U.S. Securities and Exchange Commission (SEC), the asset management giant proposed launching the BlackRock Daily Reinvestment
MIAMI BEACH, Fla. — Crypto wallets are being rebuilt for AI agents, said executives from Trust Wallet and Mesh on Thursday, with companies racing to give autonomous software a way to hold value, prove identity and transact on-chain. Appearing at CoinDesk Miami, Arjun Mukherjee, chief technology officer at Mesh, said the shift is driven by
Telegram just stopped pretending it wasn’t running the show. The messaging giant officially took over primary operational control of the $TON blockchain on May 4, replacing the $TON Foundation as the network’s main operator. The market’s response was swift and unambiguous: Toncoin surged 36% within 24 hours, hitting $1.80, a four-month high. Telegram is now
Phong Le, CEO of Strategy, one of the world’s largest institutional Bitcoin holders, announced a significant change in the company’s Bitcoin management strategy. Speaking in an exclusive interview with CNBC, Le stated that they have shifted from a “never sell” approach to an active management model that maximizes shareholder value. Phong Le stated that the
Susan Collins, president of the Boston Federal Reserve, used a May 7 appearance on Bloomberg’s “Big Take” podcast to deliver a message crypto investors probably didn’t want to hear: interest rates aren’t going anywhere. Collins pointed to energy shocks stemming from the Iran conflict as a major force keeping inflation stubbornly above the Fed’s 2%