Analysts are getting increasingly skittish about the mind-bending dollar amounts being plowed into the red-hot artificial intelligence (AI) sector. The AI Bubble Anxiety: Why Bitcoin Is Falling “We are looking at commitments of about $1.4 trillion over the next 8 years,” OpenAI CEO Sam Altman said last week. That figure is almost $200 billion larger
Shares of MicroStrategy (Strategy) were down 3.31 percent in intraday trading today at $223.38, according to Coinglass data. While the company’s market capitalization is estimated at approximately $65.34 billion, this figure falls short of the estimated market value of its 641,692 Bitcoin holdings (approximately $66.59 billion). This caused MSTR shares to briefly trade at a
Miami Beach — When Shayne Coplan launched Polymarket, he didn’t have a team or major funding. What he had was a blockchain, a strong conviction and a laptop. “I’m a solo founder. I literally started with next to no money,” Coplan said during a conversation at Cantor Fitzgerald’s crypto, AI and blockchain conference in Miami
The value of tokenized gold has exploded over the past few months, driven by both adoption and rising macroeconomic risks. Summary Tokenized gold reached an all-time high at $3.6 billion Tether’s XAUT and PAX Gold dominate the tokenized gold market Gold on the blockchain rose 50x in value since 2021 Macroeconomic uncertainty is driving the
Newtown, Pa. — Solana Company (NASDAQ: HSDT), a publicly listed neurotech and digital asset treasury firm, has announced plans to tokenize its HSDT shares on Superstate’s Opening Bell, a regulated onchain issuance platform for tokenized equity and funds. — The move marks a milestone in Solana Company’s effort to modernize access to public markets through
Opinion Labs, a platform with more than 1.6 million users and 1.8 billion in cumulative trading volume, is working together with Chainlink Functions to put real-world macroeconomic data directly on-chain. The collaboration is a bridge between the traditional finance space and decentralized prediction markets, democratizing information on global economic intelligence for retail traders. Democratizing Access
Kraken’s co-chief executive has drawn a sharp line between his exchange’s tokenized stock business and competitors who offer digital shares in private companies, calling Robinhood’s approach fundamentally flawed and risky for investors. Arjun Sethi rejected the growingly popular idea of tokenizing private company equity outright, warning that investors face serious problems when trying to exit
DMZ Finance and Mantle Network have officially launched the world’s first tokenized money market fund onchain, with the Dubai Financial Services Authority (DFSA)-approved QCDT going live on Mantle. The announcement comes nearly two months after Bybit, the world’s second-largest cryptocurrency exchange by trading volume, added support for QCDT. Bybit became the first crypto exchange to
Bitcoin has been one of the most profitable investments for Russians in the past year or so, and Russia’s central bank is taking note of that. The monetary authority in Moscow is now regularly featuring the decentralized digital asset in its periodic reviews of financial markets and risks. Bitcoin listed among Russian investments with highest
MIAMI BEACH, Fla. — Dan Tapiero, founder of crypto-focused growth equity fund 10T Holdings, is betting that artificial intelligence and blockchain technology will converge in ways the market hasn’t yet priced in. “Blockchain is the money of AI,” Tapiero said in an interview with CoinDesk. “If you just imagine having thousands of these AI agents