Crypto
AI Summary
- Bitcoin's price is experiencing volatility, falling below the $80K and $76K marks amidst geopolitical tensions and shifting market sentiment, though analysts suggest potential catalysts could drive a resurgence.
- Major financial institutions like Standard Chartered are expanding their involvement in tokenization, with plans to acquire Zodia Custody's core business and prepare UK markets for near-24/7 settlement, signaling growing institutional adoption.
- The crypto industry is grappling with significant outflows, with $1 billion exiting crypto funds as global events increase risk-off sentiment, while some entities like Soluna see revenue growth driven by their hosting business offsetting mining operations.
- AI's influence is increasingly intertwined with crypto, from potential security enhancements via formal verification proposed by Vitalik Buterin to concerns over AI-driven exploits and the operational integration of AI infrastructure by companies like HIVE Digital Technologies.
- Regulatory developments are ongoing, with Minnesota legalizing crypto custody for banks and credit unions, while discussions around tokenized stock frameworks and potential quantum computing threats to Bitcoin highlight a dynamic landscape of innovation and risk management.
Sources
Cointelegraph
-
Bitcoin lost its hold on $80K, but three events may send it back sooner than markets expect
an hour ago
by Cointelegraph by Marcel Pechman
MarketsBitcoin positions itself for a rally above $80,000 after Strategy's $2 billion BTC buy, crumbling investor confidence in the US Treasury and a potential US-Iran deal.
-
Soluna revenue jumps 58% as hosting business offsets weaker Bitcoin mining
2 hours ago
by Cointelegraph by Sam Bourgi
Latest NewsHosting revenue outpaced mining as new capacity came online, highlighting Soluna’s shift toward data centers for AI and high-performance computing.
-
Georgia primary to test crypto PAC’s support for Democratic candidate
2 hours ago
by Cointelegraph by Turner Wright
Latest NewsA political action committee aligned with crypto interest groups reported spending more than $4 million in support of Democratic US House candidate Jasmine Clark in Georgia.
-
Bitcoin’s trend defining battle starts at the $74K support: Analyst
3 hours ago
by Cointelegraph by Biraajmaan Tamuly
MarketsBitcoin traders are closely watching the $74,000-$75,000 support zone as exchange inflows rise and market signals weaken following BTC's loss of momentum above $82,000.
-
Price predictions 5/18: SPX, DXY, BTC, ETH, XRP, BNB, SOL, DOGE, HYPE, ADA
5 hours ago
by Cointelegraph by Rakesh Upadhyay
MarketsBitcoin dropped to the crucial $76,000 support level while large-cap altcoins sold off sharply. Do technical charts suggest that traders will buy the dip?
CoinDesk
-
SEC to propose tokenized stock framework as Wall Street efforts deepen: Bloomberg
an hour ago
by Krisztian Sandor
Policy, Tokenization, NewsThe U.S. Securities and Exchange Commission is reportedly poised to release a major crypto proposal as it seeks to institute its digital assets agenda.
-
Minnesotan banks and credit unions set to provide crypto custody August 1
2 hours ago
by Olivier Acuna
Policy, Cryptocurrency, Custody, NewsMinnesota established the midwest’s first unified digital asset safety net for banks and credit unions.
-
Hyperliquid's USDC deal could supercharge HYPE, pressure Circle, Coinbase margins, analysts say
3 hours ago
by Krisztian Sandor
Markets, Circle, Coinbase, Stablecoins, NewsThe revenue share deal could shift an estimated $160 million in revenue from Coinbase and Circle into Hyperliquid's ecosystem, Compass Point analysts said.
-
Revolut wants to take Dogecoin mainstream with its new physical payment card
5 hours ago
by Helene Braun
Markets, NewsThe European fintech giant is launching a physical debit card that lets users spend the popular meme coin anywhere Visa and Mastercard are accepted with zero extra exchange fees.
-
Solana is shedding its memecoin reputation as big banks move billions into its ecosystem
6 hours ago
by Helene Braun
Markets, Solana News, NewsWall Street and payment giants are quietly taking over Solana, moving billions onto the network for tokenized funds and global payments even as the broader crypto market cools down, according to a new report by Messari.
Decrypt
-
Lawyers Apologize After Fake Claude-Generated Quotes Appear in Trump Layoffs Case
an hour ago
by Jason Nelson
Law and OrderAttorneys representing a former Homeland Security official admitted using Anthropic’s Claude Console to help draft a court filing that included fabricated quotes.
-
AI Still Can't Beat the On-Call Engineer: Here's Why
2 hours ago
by Jose Antonio Lanz
Artificial IntelligenceThe best AI models can't yet beat the engineers they’re supposed to replace at fixing real-world problems, a new benchmark suggests.
-
Bitcoin Faces Greater Quantum Computing Risk Than Ethereum, Citi Warns
2 hours ago
by Decrypt Agent
TechnologyBoth Bitcoin and Ethereum face a quantum computing threat, but Citi says the gap between them comes down to governance, not just technology.
-
Swan Bitcoin Hit With Nearly $1 Billion Lawsuit Over Prime Trust Collapse
3 hours ago
by Logan Hitchcock
Law and OrderThe lawsuit alleges that the Bitcoin-centric financial services firm took advantage of insider information to escape major losses.
-
This Open-Source Phone AI Agent Sees, Hears and Acts—All Without Touching the Cloud
4 hours ago
by Jose Antonio Lanz
Artificial IntelligenceOppo's X-OmniClaw runs directly on your Android device, using the camera, screen, and microphone to execute real tasks inside real apps.
AMBCrypto
-
Ethereum sees $246mln in liquidations – Can ETH hold $2015 support?
2 hours ago
by Kelvin Murithi
Altcoin, Ethereum, News, News 1, Social, Trading ViewETH lost bullish momentum quickly, yet some whales continued adding risk during the decline.
-
Tether pushes USDT deeper into cross-border payments with LemFi investment
3 hours ago
by Adewale Olarinde
News, News 1, Social, Stablecoins, Trading ViewTether is expanding USDT’s role in global remittances through a new investment in cross-border payment platform LemFi.
-
Aave restores lending activity as rsETH recovery refills 117K tokens – Details
4 hours ago
by Muriuki Lazaro
Altcoin, News, News 1, Social, Trading View, ambcryptoAave strengthened recovery defenses as governance worked to contain lingering risks across interconnected DeFi lending markets.
-
Decoding OriginTrail’s [TRAC] 77% rally: Upbit, AI hype and more…
5 hours ago
by Lennox Gitonga
Altcoin, News, News 1, Social, Trading ViewTraders rushed into TRAC after its listing, but the pullback has raised ONE KEY question.
-
Why Bitcoin price faces new risk as exchange reserves rise by 20K BTC
6 hours ago
by Olayiwola Dolapo
Bitcoin, BTC Trading View, News, News 1, Social, Trading View, ambcryptoBitcoin short-term holders breach $78,000 threshold as $1.53 billion in exchange reserves pile up.