Ray Dalio picked an interesting week to destroy Bitcoin. The founder of Bridgewater Associates said Tuesday on the popular All-In podcast that investors should stop comparing bitcoin to gold, arguing that the largest cryptocurrency lacks central bank backing, lacks privacy and faces long-term threats from quantum computing. “There is only one gold medal,” Dalio said. […]
Bitcoin has now fallen from the $70,000 level three times since the February 5 crash, with Wednesday’s Asian session taking the market back to $67,600 after another failed attempt earlier in the week. BTC was trading at $67,612 on Wednesday morning in Asia, down 0.7% over the past 24 hours but up 3.4% for the
Why is bitcoin down today Read More »
Ripple is no longer just about moving money. He wants it to be the entire pipe. The company shared a press release with CoinDesk on Wednesday outlining a major expansion of Ripple Payments that transforms the platform into a comprehensive infrastructure layer for the movement of fiat and stablecoin money. Businesses can now collect, hold,
XRP-related company processes over $100 million in stablecoin volumes Read More »
Punters have long been able to speculate on the possibility of a nuclear weapon being detonated on Polymarket, but the current conflict with Iran – and increased scrutiny of pro-war insider trading – has apparently caused the platform to pull contracts. Polymarket created a market that would monetize a nuclear attack amid growing concerns about
Polymarket sets aside its nuclear detonations markets after outcry Read More »
Bitcoin’s rebound toward $70,000 – trading at $68,000 as Hong Kong hit midday – appears to have been driven more by positioning than conviction, according to market maker Enflux, which said the move largely reflected short covering after traders turned bearish amid geopolitical headlines. “The market is not a pricing disaster, but it is not
BTC bounces towards $70,000 as ETFs bring in $1.45 billion in five days Read More »
Core Scientific (CORZ), a bitcoin mining and digital infrastructure company, sold just over 1,900 bitcoins in January for approximately $175 million, according to CORZ’s fourth-quarter earnings call. The sale implies an average price of around $92,100 per BTC, around 35% higher than the current price of $67,000, as it accelerates its transition to AI-driven data
CORZ Sells $175M worth of BTC in January as AI Pivot Accelerates Read More »
OKX rolled out an AI-driven upgrade to OnchainOS, its developer platform, on Tuesday, introducing it as infrastructure for autonomous crypto trading agents. The AI layer builds on familiar components such as wallet infrastructure, liquidity routing, and on-chain data feeds, combining them into a unified execution framework for AI agents operating across multiple chains. Rather than
OKX enters the race for AI agents with the new OnchainOS toolkit Read More »
The crypto market, US stocks and precious metals all fell on Tuesday as the dollar index (DXY) rose 0.5% since midnight UTC to reach its highest level since January 19. This risk aversion comes after the escalation of the conflict in Iran, with Israel launching new strikes on Tehran and Beirut while the American embassy
The Harvard University Foundation’s decision to cut your bitcoin BTC$68,198.19 assets while the addition of ether (ETH) exposure raised a familiar question: is the endowment betting on Ethereum rather than Bitcoin, or is it simply adjusting for risk? The answer could be less dramatic than it seems and potentially optimistic for the sector. Michael Markov,
Why the Endowment is trading Bitcoin for Ethereum ETFs Read More »
WASHINGTON, DC — Perpetual cryptocurrency futures have largely expanded overseas due to U.S. reluctance to pursue regulation of the sector, said Mike Selig, chairman of the U.S. Commodity Futures Trading Commission, and his agency will soon provide guidance on how the activity should be managed. These derivative contracts, which do not expire and are often
CFTC Chief Selig to Lead the Way for US Perpetual Futures in Coming Weeks Read More »
