Coinbase CEO Brian Armstrong has rejected calls for a new AI self-regulatory body, arguing that existing laws already provide enough protection against harmful AI. His remarks came just a day after the crypto exchange disclosed that AI now writes over 95% of its code, more than twice the figure the company reported earlier in the […]
Ethereum (ETH) has stolen the show in the past few days, posting impressive gains and outperforming the market leader and many of the larger-cap alts. One of the reasons behind this notable rally that drove it to a multi-week peak could be ongoing accumulation by major players, including BitMEX’s co-founder, Arthur Hayes. Hayes Buys ETH […]
Discussion surrounding cryptocurrencies across X, Reddit, Telegram, and other social platforms has dropped to its second-lowest daily level since October 2024. This comes even as Bitcoin continues trading around the mid-$60,000 range. According to the latest findings by Santiment, while the lack of conversation may appear bearish at first glance, it also reflects weak retail […]
ETH tapped a six-week high of $1,940 in late trading on Wednesday and has held on to those gains into Thursday morning, where it remained above $1,900. CryptoQuant analyst ‘Darkfost’ said on Thursday that the move was driven by positive inflation reports in the US, with CPI and PPI figures that came in well below […]
This week’s Bitfinex Alpha report has revealed that bitcoin usually has a five-to-six-month bear market window where it trades below the Short-term Holder Realized Price. The fifth and sixth months mark the final phase of the period, after which the asset experiences a broader recovery. July marks the fifth month in this bear phase window, […]
Corporate treasury demand remains one of Bitcoin’s most important structural sources of support, but experts suggest that the market is no longer treating it as a permanent, price-insensitive floor. Instead of focusing solely on how much BTC companies hold, QCP Capital stated that investors are increasingly evaluating whether the funding conditions behind those holdings can […]
A hacker made off with over $135,000 after hijacking the X accounts of SpaceX and Starlink to promote a meme coin. The profiles were used to shill a Robinhood-based token that briefly hit a $2 million market cap before crashing to almost zero. SpaceX and Starlink Fall Victim to Compromise Screenshots circulating on social media […]
Long-time crypto trader Ogle warned on July 13 that small meme coins with limited liquidity can collapse within minutes when a few large holders decide to sell. Pointing to recent losses around the latest sensation in the space, CASHCAT, the market watcher reiterated the risks in chasing fast-moving tokens, where paper gains can disappear really […]
Robinhood Chain has generated $816,000 in gross revenue since launching on July 1, with 89% captured by Robinhood, 10% by Arbitrum as middleware, and only 0.15%, or $1,538, paid to Ethereum for settlement, which doesn’t sound great. Robinhood Chain is an EVM-compatible Arbitrum-based layer-2 network that uses ETH as its native gas token, but Ethereum […]
A Duke University finance professor, Campbell Harvey, has said that a 51% attack on Bitcoin, long dismissed as a theoretical exercise that would only destroy value for whoever tried it, has quietly become something an attacker could profit from because of today’s derivatives markets. However, many BTC supporters dismissed the claim made during the July […]