A growing chorus of financial experts suggests that Wall Street’s long-standing skepticism toward Bitcoin is translating into an unusual and active desire to see MicroStrategy (MSTR) fail. The software company, which has transformed into a de facto Bitcoin treasury vehicle under the leadership of executive chairman Michael Saylor, has become a lightning rod for criticism
Bitcoin price dropped to levels on Thursday that placed it below the “Fire Sale!” band on the Bitcoin Rainbow Chart — a depth not reached since the catastrophic FTX exchange collapse in November 2022 — as the Fear and Greed Index registered a reading of 12 out of 100, deep in “Extreme Fear” territory. Bitcoin
In a bid to power automated and smarter on-chain Web3 systems and provide customers with a superior user experience, Anome Protocol, a decentralized ecosystem, today entered into a strategic partnership with 4AIBSC, an autonomous decentralized AI marketplace. The collaboration enabled Anome Protocol to merge with 4AIBSC’s decentralized AI marketplace to support automation in its Web3
US-based AI firm Anthropic warns AI development is advancing at a pace that could soon see agents building, training and improving themselves without human input — recommending a slowdown in development. In a blog post published Thursday, Marina Favaro, lead at the Anthropic Institute, and Anthropic co-founder Jack Clark said agents can already run code
Four-month minimum: The asset’s value fell to $61,309 in the last 24 hours before experiencing a slight rebound. Massive profit-taking: A wallet identified as “pension-usdt.eth” closed a 1,400 $BTC short, consolidating a profit of 3.56 million dollars. Record liquidations: The derivatives market recorded the loss of 634.6 million dollars stemming exclusively from liquidated bullish positions.
Largest U.S. banks have moved toward a shared tokenized deposit network as stablecoin firms push deeper into payments and corporate finance. The Wall Street Journal reported that the Clearing House will run the system, a real-time payment network owned by JPMorgan Chase, Bank of America, Citigroup, Wells Fargo, and other major commercial banks. The network
0x Protocol (a DEX aggregator API that has routed $180 billion in swap volume since 2017) opened its Cross-Chain API to general availability Wednesday. Twelve bridge providers are live from day one, accessible through a single API call. The partner list includes Circle, Chainlink, USDT0, Relay Protocol, LayerZero, Optimism, Across Protocol, Mayan, Stargate Finance, NEAR
M3 DAO, a well-known community-led Web3 network, has partnered with FISH, a prominent Web3 gaming ecosystem. The partnership between M3 DAO and FISH aims to combine engaging Web3 entertainment with decentralized governance. As per M3 DAO’s official social media announcement, the development underscores the start of a new era of player engagement with the launch