Bitcoin’s Future Movement Tied to Oil Prices, Outcome Uncertain
The next significant movement in Bitcoin (BTC) could hinge more on oil price trends rather than its crypto fundamentals. After rebounding from early-week lows near $67,000 to approximately $70,900, the…
Bitcoin Plummets Below $71K Amid Iran Ceasefire Tensions; ETH, SOL, XRP Also Drop
On Thursday, Bitcoin’s price dipped to $70,981, marking a 0.5% decline over the past 24 hours but maintaining a weekly increase of 6.1%. This comes as the U.S.-Iran ceasefire, announced…
Bitcoin’s Quantum-Resistant Wallet Rescue Tool Prototype Developed
A prominent developer within the Bitcoin community has successfully created a solution that had been under discussion for years: a mechanism to rescue standard wallets if the network faces a…
Morgan Stanley’s Bitcoin ETF Sees $34 Million On Opening Day
The spot bitcoin exchange-traded fund (ETF) launched by Morgan Stanley commenced trading on Wednesday with robust initial activity, registering over 1.6 million shares exchanged and approximately $34 million in inflows,…
Wall Street Cautions: Bitcoin’s Recovery Could Be Fragile Amid Ongoing Hormuz Tensions
Following a two-week conditional ceasefire between the U.S. and Iran, trade in the Strait of Hormuz has seen adjustments but hasn’t fully returned to pre-conflict levels. Oil prices have dropped…
Hackers Steal $3.6 Million in Bitcoin from ATM Operator’s Wallets
In a recent SEC filing, Bitcoin Depot Inc., an operator of Bitcoin ATMs, revealed that approximately 50.9 BTC valued at $3.665 million were stolen by hackers on March 23. The…
New Framework Suggested to Mitigate Financial Risks from Errant AI Agents
As artificial intelligence agents increasingly take on roles involving financial transactions, concerns are mounting about the financial repercussions for humans when these systems malfunction. Researchers suggest that existing AI safety…
Cango Inc. Sells $143 Million in Bitcoin to Reduce Production Costs by 19.3%
In March, publicly listed Bitcoin mining company Cango Inc. successfully reduced its average production cost per BTC by 19.3%, from $84,552 in the last quarter of the previous year to…
Meta Introduces Muse Spark: Advanced AI But Gemini 3.1 Pro Remains Ahead
On Wednesday, Meta unveiled Muse Spark, its latest AI model developed by the newly established Meta Superintelligence Labs. This team was formed nine months ago under Chief AI Officer Alexandr…
U.S. Treasury Details Stablecoin Rules to Combat Illicit Activities Under GENIUS Act
On Wednesday, the U.S. Treasury Department introduced a rule outlining how stablecoin issuers should develop anti-money laundering and sanctions programs as mandated by the GENIUS Act, advancing the implementation of…