Arbitrum has announced a significant development in the cryptocurrency space, stating that AI compute resources are now being tokenized through collaboration with USDai. This initiative is noteworthy as it underscores Arbitrum’s commitment to expanding the scope of digital assets and tokenization. Such advancements could reshape asset management and utilization in the crypto ecosystem, making it
Bitcoin $BTC$85,778.62 is consolidating on Wednesday after an explosive breakout on Monday, trading at $86,379 in the European morning, up 0.24% since midnight UTC and 1.3% over 24 hours as daily trading volume dips by 36% to $38 billion. Beneath the surface the rally has narrowed sharply, with 38 of the 100 CoinDesk 100 constituents
In Russia, which continues to regulate Bitcoin and altcoins, new data released regarding the cryptocurrency market reveals that the use of digital assets in the country has reached a significant level. The latest statement on this matter came from Russian Deputy Finance Minister Ivan Chebeskov. Crypto Assets in Russia Reach $44 Billion! Speaking to the
Artificial intelligence could be one of the biggest drivers for digital asset adoption as autonomous agents begin buying services, moving money and sourcing computing power, according to a BlackRock paper. The asset manager argues that AI provides “machine-native intelligence” while digital assets provide the payment and settlement infrastructure agents may need to act on their
Following the US national debt exceeding $40 trillion, some investors are reportedly turning to assets other than the dollar. In an interview, Michael Bucella, co-founder of Neoclassic Capital, stated that gold, the Swiss franc, and Bitcoin ($BTC) are among the preferred assets seeking to hedge against the risk of currency depreciation. According to Bucella, the
Bitcoin BTC$86,936.41 has posted gains in July and August and looks set to end September higher, marking a three-month winning streak that has occurred only once before in the cryptocurrency’s history. Bitcoin’s price rose by 4.8% in July and 25.2% in August, according data source CoinDesk. September is also in positive territory, with prices trading
Bitcoin is trading at $86,767.30, up 1.1% over 24 hours and 14.6% over the past week, following a rally that pushed it to $87,000, its highest level in eight months. Over $1 billion in positions were liquidated in a single 24-hour stretch on the way there. Every Bearish Catalyst Fired At Once Three things happened
Circle Foundation has awarded its first U.S. grants to Accion Opportunity Fund and Pacific Community Ventures on Sept. 22, backing AI-enabled lending and data infrastructure for underserved small businesses. Circle announced the grants during the Clinton Global Initiative Annual Meeting in New York, identifying both recipients as Community Development Financial Institutions serving small-business owners who
The world’s largest asset manager, BlackRock, says broad AI adoption could represent an underappreciated source of demand for digital assets. In its latest research paper, “The Machine-Native Economy,” BlackRock said the rise of AI and machine-to-machine payments could increase demand for blockchains and other programmable payment infrastructure, including stablecoins and other on-chain assets. It also
Investor Ownership Retreats From Its 2025 Peak U.S. investors pulled back from cryptocurrency after ownership reached a record level in 2025. Gallup, the Washington-based research and analytics company, released its latest survey on Sept. 21, placing crypto ownership at 11% among investors with at least $10,000 in investable assets, six percentage points below last year’s