Crypto
AI Summary
- Spot Bitcoin ETFs experienced their first significant outflows in weeks, breaking a streak of positive inflows as investors grew cautious of directional risk amidst geopolitical tensions and rising US Treasury yields.
- The cryptocurrency market saw increased whale accumulation of XRP, potentially improving its risk-reward profile, while Ripple continues to leverage AI for stress-testing the XRP Ledger to scale institutional use cases.
- Stablecoins are being highlighted as a transformative technology for businesses, potentially mirroring the impact of 'ChatGPT' in the broader tech space, with Tether engaging top auditing firms for its USDT to bolster confidence.
- Regulatory scrutiny is intensifying, with Warren probing Bitmain over US security concerns and Australia imposing fines on Binance for client onboarding failures, while US lawmakers consider crypto tax proposals without Bitcoin exemptions.
- The intersection of AI and crypto is becoming more prominent, with Bitcoin miners pivoting to AI ventures and selling BTC to fund the transition, and major AI model leaks raising cybersecurity concerns that impacted crypto stocks.
Sources
Cointelegraph
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Warren probes China-based Bitmain over US security concerns: Report
2 hours ago
by Cointelegraph by Amin Haqshanas
Latest NewsUS authorities launched the “Operation Red Sunset” probe into Bitmain last year over potential espionage and grid risks.
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Potential Bitcoin crash below $60K may delay recovery to 2027: Data
4 hours ago
by Cointelegraph by Biraajmaan Tamuly
Market AnalysisBitcoin's return to an all-time high depends on how deep the current selloff extends, as data shows each new price low adds months to BTC's recovery time.
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Spot Bitcoin ETFs break 4-week inflow streak as capital avoids ‘directional risk’
5 hours ago
by Cointelegraph by Amin Haqshanas
Latest NewsSpot Bitcoin ETFs see $296 million in weekly outflows after a month-long inflow streak, as macro uncertainty keeps capital sidelined.
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XRP risk-reward improves as whale accumulation rises: Will price follow?
6 hours ago
by Cointelegraph by Biraajmaan Tamuly
Market AnalysisXRP shows improving risk-adjusted returns alongside rising whale flows, but rising leverage use and repeat liquidations point to a fragile futures market.
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Lummis says CLARITY Act will deliver 'strongest' developer protections
7 hours ago
by Cointelegraph by Brayden Lindrea
Latest NewsCrypto lawyer Jake Chervinsky said legislation covering crypto developer protections has been overshadowed by the intense focus on stablecoin yield in the CLARITY Act.
CoinDesk
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Ripple turns to AI to stress-test the XRP Ledger as institutional use cases scale
7 hours ago
by Shaurya Malwa
Tech, NewsThe next XRP Ledger release will be dedicated entirely to bug fixes and improvements.
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Bitcoin miners are becoming AI companies and selling their BTC to fund the transition
10 hours ago
by Shaurya Malwa
Markets, NewsThe average public miner spent $79,995 to produce one bitcoin last quarter. Bitcoin is trading at $70,000. The math doesn't work, so the industry is pivoting to AI, taking on $70 billion in contracts, and liquidating bitcoin treasuries to finance the shift.
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Morgan Stanley enters bitcoin ETF race with market-leading low fee
16 hours ago
by Helene Braun
Markets, Bitcoin News, NewsThe bank priced its proposed spot bitcoin fund at 14 basis points, making it the lowest fund on the market, if approved.
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Why Mastercard paid double for stablecoin infrastructure it could have built
20 hours ago
by Shantnoo Saxsena
Opinion, StablecoinsThe credit card giant’s pricey payment to buy stablecoin platform, BVNK, says more than any strategy deck or earnings call ever could.
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Crypto stocks battered as Nasdaq enters correction in $17 trillion market rout
20 hours ago
by Krisztian Sandor
Markets, NewsThe Friday plunge fits into a pattern since the war in Iran broke out, with gains on Monday turning into losses by the end of the week.
Decrypt
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Anthropic's 'Most Capable' AI Model Claude Mythos Leaks, Deemed Major Cybersecurity Threat
18 hours ago
by Jason Nelson
Artificial IntelligenceAnthropic's next-generation model, dubbed Claude Mythos, is seen as a "step change" for AI—and potentially bad news for cybersecurity.
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NYSE Parent Company Finalizes Polymarket Investment, Totaling $1.6 Billion
19 hours ago
by Stacy Elliott
BusinessIntercontinental Exchange, the firm behind the New York Stock Exchange, invested a total of $1.6 billion into prediction market Polymarket.
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Strategy, BitMine and Robinhood Shares Hit Monthly Lows as Bitcoin Sinks Further
20 hours ago
by Andrew Hayward
MarketsBitcoin fell to its lowest price since March 2 on Friday as major crypto-related stocks like Strategy and BitMine suffered tougher losses.
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Gavin Newsom Bans California Public Officials From Prediction Market Insider Trading
20 hours ago
by Logan Hitchcock
Law and OrderCalifornia Governor Gavin Newsom signed an executive order Friday to ban public officials from using inside info on prediction markets.
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'All to Play For': Walrus Hits 450TB of Data Stored Amid Renewed AI Push
20 hours ago
by Decrypt Staff
TechnologyThe verifiable data platform is marking its one-year anniversary, with plans to double down on AI and onchain finance.
AMBCrypto
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Bitcoin: Can BTC reclaim $70K as $183M liquidations shake the market?
23 minutes ago
by Gladys Makena
Bitcoin, BTC Trading View, News, News 1, Social, Trading ViewBitcoin whales turned to aggressive shorting amid extended BTC weakness.
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Bitcoin down 25% in Q1 – Is crypto’s correction turning bearish?
2 hours ago
by Ritika Gupta
Altcoin, Bitcoin, BTC Trading View, News, News 1, Social, Trading View, ambcryptoMarkets reprice rate hikes amid rising inflation, putting crypto asset resilience to the ultimate test.
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‘Block and find out’ – White House warns Coinbase on CLARITY Act fallout
3 hours ago
by Benjamin Njiri
Altcoin, Bitcoin, BTC Trading View, DeFi, News, News 1, Social, Trading View, ambcryptoIt's unclear whether the crypto bill would be passed into law by May.
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Bitcoin enters make or break zone after liquidation flush – What does this mean for you?
4 hours ago
by Akashnath S
Bitcoin, News, Social, Trading ViewThe 30-day long-term net position change, which is currently positive, is the key metric to keep an eye out for.
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All about Revolut moving $1.2B on Polygon and if that makes it faster than SWIFT
5 hours ago
by Kelvin Murithi
Altcoin, News, Polygon, Social, Trading ViewPolygon is in the news again, and for all the right reasons!