Bloomberg Intelligence senior commodity strategist Mike McGlone, who previously said bitcoin could drop to $10,000, is reiterating his call that bitcoin could still fall below that level, an outlook several market analysts said would require an extreme macroeconomic shock. In an interview with EllioTrades, McGlone… Read More
Since the emergence of ChatGPT and chatbots, the artificial intelligence (AI) hype has evolved into “agentic payments,” billed as the next wave of internet commerce in which humans won’t be transacting. It will be AI agents paying each other: The idea is simple: build automated… Read More
About $27 million was liquidated on the decentralized lending platform Aave over the last 24 hours, in what some market participants say may have been caused by a temporary pricing issue involving the token wstETH. Blockchain data flagged by risk-management firm Chaos Labs shows a… Read More
For much of crypto’s history, the primary use case has been simple: buying tokens and trading them. Now, some investors and builders believe the industry may be moving toward a different model altogether: earning crypto instead of buying it. One version of that idea is… Read More
Investment bank B. Riley initiated coverage of bitcoin treasury firms Strategy (MSTR) and Strive (ASST) with buy ratings, setting price targets of $175 and $12, respectively. Strategy was trading at $141.82 at publication time, Strive at $8.67. The sector was pressured after bitcoin fell more… Read More
Cryptocurrencies linked to artificial intelligence, such as Bittensor’s TAO, NEAR Protocol, Internet Computer, and others rallied after Wired reported that Nvidia is preparing a new open-source platform for autonomous AI agents, a concept similar to the OpenClaw framework, ahead of its annual developer conference. The… Read More
