Elon Musk said most cryptocurrencies are scams during testimony in his lawsuit against OpenAI, where past plans for an ICO also surfaced, as reported by New York Times journalist Mike Isaac. Elon Musk explaining what cryptocurrency is to the jury: “Some of them have merit, but most of them are scams.” this is responding to
Anonymous cryptocurrency analyst Sherlock has provided a data-driven analysis of the frequently cited “sell in May” strategy for Bitcoin in the markets. Sherlock’s findings revealed that the classical approach wasn’t as statistically sound as previously thought, while a more specific variation yielded remarkable results. According to the analyst, the basic “sell in May” thesis doesn’t
Raoul Pal, a leading figure in the cryptocurrency world, joined Jamie Coots on the latest episode of “The Journey Man” to discuss the current state of the markets, liquidity cycles, and the short-term risks of Bitcoin. The duo offered a striking analysis of why cryptocurrencies are “stagnating” while technology stocks are hitting record highs. Jamie
Circle on Wednesday rolled out Nanopayments on mainnet, offering a gas-free $USDC payment rail designed to power AI agents, APIs, and machine-driven commerce. According to a blog post from the stablecoin issuer, the product enables $USDC transfers as small as $0.000001 with instant verification, settling across Arbitrum, Avalanche, Base, Ethereum, HyperEVM, Optimism, Polygon PoS, Sei,
Kevin Hassett warns that reappointing Jerome Powell to the Fed Board could delay or dilute Trump-era rate cuts, keeping crypto traders fixated on personnel-driven monetary policy. White House National Economic Council Director Kevin Hassett said that Federal Reserve Chair Jerome Powell’s reappointment as a governor “may affect interest rate cut decisions,” injecting new uncertainty into
Agora applies for US federal trust bank charter to directly issue stablecoins, a move that could fundamentally alter the fiat-to-crypto conversion landscape. The cryptocurrency startup submitted its application to the Office of the Comptroller of the Currency (OCC) last week, as reported by CoinDesk. If approved, this charter would allow Agora to operate under direct
Bitcoin is closing out April at $76k, ending the month exactly where the technical battle lines are drawn. The recovery from the February low near $60k has been orderly rather than explosive, and after a late push toward $80k failed to sustain, $BTC has pulled back to retest the structures that matter most heading into
Bitcoin has climbed roughly 30% from its February lows and bulls have been feeling good about it for weeks. The problem, according to one analyst who has held the same macro thesis unchanged for months, is that this is exactly how it felt before the last two major drops. The bigger picture has not changed.