Coinbase CEO Brian Armstrong has stated that cryptocurrency is the most suitable currency for AI agent-based finance, a concept he refers to as AiFi. His comments highlight the growing intersection between digital assets and artificial intelligence, a trend gaining traction across the financial technology sector. Why Crypto Fits AI Finance Armstrong explained that running AI
Nvidia has agreed to guarantee as much as $105 billion in lease payments tied to a major OpenAI data center project in Ohio being developed by SoftBank backed SB Energy, according to Reuters. The chipmaker will also invest $1.5 billion in SB Energy and secure up to 8 gigawatts of AI computing capacity at the
While the leading cryptocurrency Bitcoin has been trading sideways between $60,000 and $65,000 for some time, two analysis companies have shared their updated assessments of $BTC. First, Singapore-based crypto analytics firm QCP Capital noted that despite the downturn, $BTC maintained its range and the focus shifted to Jackson Hole. In their latest assessment, QCP analysts
While the leading cryptocurrency Bitcoin has been trading sideways between $60,000 and $65,000 for some time, investors in the cryptocurrency market are now focused on macroeconomic developments that could determine Bitcoin’s direction. While macroeconomic developments are being closely monitored at this point, a noteworthy assessment of the FED came from Goldman Sachs Chief Economist Jan
Bitcoin treasury firm Strategy (MSTR) raised $333.7 million last week through the sale of 3.46 million shares of common stock, according to a Monday filing. The company did not buy or sell any bitcoin during the week ended Aug. 16, leaving its bitcoin reserve unchanged at 840,447 BTC. The holdings were acquired for $63.36 billion
Bitcoin’s BTC$63,565.04 price has been eerily calm for weeks, locked in a narrow range below $65,000. Options, or derivative contracts offering insurance against wild price swings, should be cheap in a market this quiet. They aren’t. That may sound counterintuitive, but it really isn’t, and it matters for traders considering options to hedge against, or
Glassnode, a leading on-chain analysis platform for the cryptocurrency market, stated that as consumer confidence in the US remains weak, investors are shifting towards equities, and Bitcoin is not benefiting enough from this capital rotation and therefore is unable to rise. According to Glassnode, consumer confidence in the US has fallen to a record low,
Bitcoin $BTC$63,636.04 continues to trade in a narrow price band, and two of its biggest corporate believers aren’t blinking. Simon Gerovich, CEO of Metaplanet, and Michael Saylor, executive chairman of Strategy, two of the cryptocurrency’s biggest corporate holders, have doubled down on their argument that $BTC’s maximum issuance of 21 million coins beats infinite money
The People’s Bank of China has added eight commercial banks to its digital yuan operating network, taking the number of e-CNY service operators to 30 as the central bank continues expanding access to its state-backed digital currency. According to an Aug. 17 statement from the People’s Bank of China, Ping An Bank, Hengfeng Bank, China
The Bitcoin Rainbow Chart indicates that Bitcoin ($BTC) could trade around $63,800 at the start of September 2026, based on the model’s current trajectory. With Bitcoin changing hands at $63,258 at press time, the forecast implies a modest gain of less than 1% over the next two weeks. The Rainbow Chart is a long-term valuation