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Here’s how bitcoin’s price rise could be fueled by job-stealing AI software

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Bitcoin’s future in an AI-driven world may depend less on code and more on central banks. In a new note, Greg Cipolaro, global head of research at financial services and infrastructure firm NYDIG, claimed that artificial intelligence will affect bitcoin primarily through macroeconomic channels and its impact on the labor market. The key variables are […]

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Iran Uses $7.8 Billion Crypto Underground Economy to Circumvent Global Sanctions

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New U.S. and Israeli strikes against Iran have focused new attention on a financial network that Tehran has built alongside its ailing banking system: Bitcoin mining and a rapidly growing stable economy. Iran legalized cryptocurrency mining in 2019, allowing licensed operators to use subsidized electricity in exchange for selling mined BTC to the central bank.

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Bitcoin is stuck in a rut, but JPMorgan says new legislation could be the ultimate spark

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Crypto markets have lacked conviction as traders struggle to identify a catalyst strong enough to break prices out of their current lull. Bitcoin has remained range-bound around $60,000, while ether is trading around $2,000 and volumes on major exchanges have declined. The digital assets market is hungry for a strong catalyst, and JPMorgan says it

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Why the next phase of stablecoin payments is all about user relationships and distribution

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You can’t miss the stablecoin vibe. While Bitcoin BTC$65,294.79 and the rest of the crypto market is in the doldrums after falling from record highs in October, everyone is talking about issuing tokens whose value is fixed, tied to a real-world asset. Especially the dollar. Not just the dollar, of course. Just this week, AllUnity,

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The crypto community fears that Iran could choke off oil supplies and cause markets to collapse, but this could be overblown.

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As tensions flare once again between Iran, Israel and the United States, social media, particularly crypto social media Such a move, many worry, could send oil prices and global inflation soaring and disrupt financial markets, including Bitcoin. However, these concerns could be exaggerated, according to some observers. Israel and the United States launched airstrikes against

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Alleged insiders make over $1.2 million on Polymarket before US attack on Iran

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Six Polymarket accounts earned around $1.2 million after correctly betting that the United States would strike Iran on February 28, according to blockchain analytics firm Bubblemaps. In an article on walked just hours before explosions were reported in Tehran and other cities. The accounts have had no activity beyond these predictions. Suspected insiders (Bubblemaps) The

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Bitcoin hard fork proposal to recover $5 billion in stolen funds from Mt. Gox finds no takers

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Mark Karpelès thought he had a reasonable request. The former CEO of the defunct exchange MtGox, operating under his GitHub handle MagicalTux, submitted a pull request to Bitcoin Core this weekend proposing a hard fork (a fundamental change in the code that divides the blockchain) that would redirect 79,956 BTC from the address they have

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Market analysts clash as Bitcoin heads toward worst five-month losing streak since 2018

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A few more hours away, Bitcoin BTC$63,709.23 is on pace to record its worst losing streak since 2018, with February on track to mark a fifth consecutive monthly decline. The streak of losses would be the longest since the 2018-2019 bear market and follows what has already been Bitcoin’s worst 50-day start to the year

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What’s Next for Bitcoin as Iran Attacks US Bases? BTC likely to fall

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What began as an Israeli strike on Iran hours earlier has escalated into the largest military conflict in the Middle East in decades, posing a risk to financial markets, including cryptocurrencies. According to reports on Bloomberg, CNN and Reuters, Iran has launched waves of missiles and drones targeting not only Israel but also US bases

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