Crypto
AI Summary
- Bitcoin experienced significant price surges, reaching near $73,000, bolstered by cooler-than-expected US CPI data and a weaker dollar, though concerns linger about whale selling activity and potential insider trading.
- Hong Kong has issued its first stablecoin licenses to notable entities like Anchorpoint and HSBC, signaling a regulatory step forward for stablecoins in the region and potentially increasing their adoption.
- The intersection of AI and crypto is becoming more pronounced, with developments like x402 protocol's usage-based pricing for AI compute and AI agents being integrated into intelligence processing, alongside debates around decentralization in AI projects like Bittensor.
- Quantum computing remains a significant future threat to cryptocurrencies, with research suggesting Bitcoin can be made quantum-safe without a protocol upgrade, albeit at a cost, while XRP is considered potentially less exposed than Bitcoin.
- Regulatory scrutiny continues globally, with Japan approving a bill to classify crypto as financial instruments and the Bank of France advocating for tougher MiCA limits on stablecoin payments, while US Treasury expands cybersecurity threat intel to the crypto industry.
Sources
Cointelegraph
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Bitcoin hits $73K as cool US CPI data shows 60-year record gas price hike
2 hours ago
by Cointelegraph by William Suberg
MarketsBitcoin saw a fresh attempt to hit new local highs on the back of lower-than-expected US CPI data, despite a giant gas-price increase.
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White House warns staff as Iran bets add to growing insider trading concerns
2 hours ago
by Cointelegraph by Zoltan Vardai
Latest NewsReuters reported that White House staff were warned against using confidential information after suspicious Iran-linked oil futures bets and fresh scrutiny of prediction markets.
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Here’s what happened in crypto today
2 hours ago
by Cointelegraph by Cointelegraph
Trump memecoin, Solana memecoin, TRUMP token, Solana, SOL, Nova Labs, SEC, Securities and Exchange Commission, Crypto regulation, TRUMP rally, Bitcoin, Latest NewsNeed to know what happened in crypto today? Here is the latest news on daily trends and events impacting Bitcoin price, blockchain, DeFi, NFTs, Web3 and crypto regulation.
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Bank of France calls for tougher MiCA limits on stablecoin payments
2 hours ago
by Cointelegraph by Helen Partz
Latest NewsA Bank of France official called for tighter MiCA rules on non-euro stablecoins as lawmakers advance reporting requirements for self-custodial crypto wallets above 5,000 euros.
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Bitcoin analysis sees $55K BTC price 'iron bottom' by December 2026
2 hours ago
by Cointelegraph by William Suberg
MarketsNew BTC price analysis predicted that the bear market would bottom out later in the year, before beginning a "two-year accumulation phase."
CoinDesk
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CoinDesk 20 performance update: Hedera (HBAR) drops 1.9%, leading index lower
3 hours ago
by CoinDesk Indices
CoinDesk Indices, CoinDesk 20, charts, Prices, NewsCardando (ADA), down 1.3% from Thursday, was also among the underperformers.
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Trump-backed WLFI token drops 12% to record lows after team defends multi-million lending position
3 hours ago
by Shaurya Malwa
Markets, NewsWorld Liberty Financial responded to CoinDesk's reporting by saying it would "simply supply more collateral" if markets moved against it, a statement that did not reassure holders.
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Binance offers UAE staff temporary relocation as Middle East conflict disrupts region
3 hours ago
by Olivier Acuna
Finance, NewsThe crypto exchange said its operations in the United Arab Emirates remain unchanged and that many employees have chosen to remain
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Bitcoin gains after core CPI rose a less-than-forecast 0.2% in March.
4 hours ago
by James Van Straten
Markets, Inflation, Bitcoin News, Top Stories, NewsHeadline inflation rose 0.9% last month, driven by the sharp rise in energy costs due to the Iran war.
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Institutions' bitcoin positioning lacks conviction; CPI, Iran talks might help
5 hours ago
by Omkar Godbole
Crypto Daybook Americas, NewsInstitutions are betting on the bitcoin price hitting $80,000 through call options, but they are also buying downside protection.
Decrypt
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BitTensor AI Token Plunges as Top Builder Departs Over Decentralization Doubts
an hour ago
by Logan Hitchcock
MarketsBitTensor's native token, TAO, has fallen more than 18% amid public fallout between a leading subnet operator and the AI network's founder.
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Morning Minute: Bitcoin Breaks $73K as Strategy's STRC Bid Grows
2 hours ago
by Tyler Warner
OpinionStrategy's STRC is buoying the Bitcoin bid, Galaxy stock is ripping, and Scott Bessent told the Senate to pass the Clarity Act—with Brian Armstrong chiming in.
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'Operation Atlantic': US and UK Team With Firms to Trace, Freeze Millions in Stolen Crypto
16 hours ago
by Logan Hitchcock
Law and OrderCrypto firms like Coinbase and Kraken teamed up with government agencies to trace and freeze millions in funds tied to crypto scams and fraud.
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TD Cuts Bitcoin Giant Strategy's Price Target, Calls Ethereum Treasury Sharplink a ‘Buy’
18 hours ago
by André Beganski
MarketsTD Cowen remains positive on $55 billion Bitcoin treasury pioneer Strategy, despite trimming its price target yet again.
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'AI Should Advance Mankind, Not Destroy It': Why Florida Is Taking Aim at OpenAI
18 hours ago
by Jason Nelson
Artificial IntelligenceThe Florida attorney general's probe into AI giant OpenAI cites national security and child safety risks tied to ChatGPT.
AMBCrypto
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Circle defends USDC freeze policy after Drift exploit, calls for faster legal frameworks
an hour ago
by Adewale Olarinde
DeFi, News, News 1, Social, Stablecoins, Trading ViewCircle has defended its USDC freeze policy, arguing that legal constraints — not inaction — limit how quickly it can respond.
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Bitcoin climbs 11% as accumulation enters day 11 – Is BTC’s bull run coming?
an hour ago
by Olayiwola Dolapo
Bitcoin, BTC Trading View, News, News 1, Social, Trading ViewThe odds of a Bitcoin rebound have risen as accumulation deepened and long-term conviction built.
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Lighter up 12% after 2.5 mln buy: Can LIT stay above $1?
2 hours ago
by Lennox Gitonga
Altcoin, News, News 1, Social, Trading ViewHow capital rotation, whale buys, and shorts liquidations drove LIT price.
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HSBC Bank and Anchorpoint Financial win Hong Kong’s first stablecoin licenses – Details
3 hours ago
by Samyukhtha L KM
Global News, News, News 1, Social, Stablecoins, Trading View, ambcryptoBanks bring stability, but will they slow down innovation?
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Bitcoin whales remain weak: BTC absorbs sell pressure despite risks
3 hours ago
by Akashnath S
Bitcoin, BTC Trading View, News, News 1, Social, Trading View, ambcryptoSince March, the activity levels from large entities has been falling, showing little demand from the whales.