During the 2024 U.S. election campaign, a deepfake video spread across social media, falsely alleging voter fraud. Elsewhere, biased data in healthcare has warped AI outcomes, jeopardizing patient care. Opaque algorithms undermine decisions, destabilize markets, and erode trust in financial systems. AI’s risks are escalating, and its flaws are chipping away at public confidence. The […] Source CryptoX Portal
Month: January 2025
Bitcoin Is Forming A Symmetrical Triangle – Breakout Or Breakdown?
Este artículo también está disponible en español. Bitcoin has finally reclaimed the highly anticipated $100K mark after days of consolidation and lingering negative sentiment. The psychological milestone had been a key resistance level, with many investors and analysts closely monitoring BTC’s price action for clues about its next big move. The recent breakout above $100K signals renewed market optimism, yet the question remains: can Bitcoin maintain its momentum? Related Reading Top analyst Carl Runefelt shared a detailed technical analysis on X, highlighting a critical pattern forming in Bitcoin’s 1-hour time…
Bitcoin At Risk Of Supply Shock As ETF Issues Buy More BTC Than Was Produced In December
Este artículo también está disponible en español. The world’s largest cryptocurrency may be at risk of a supply shock as demand from United States (US) Spot Bitcoin Exchange Traded Funds (ETFs) has surged far beyond expectations. In December 2024, the volume of BTC acquired through Spot Bitcoin ETFs more than tripled the amount mined during that same month, underscoring the severe imbalance between supply and demand. Spot Bitcoin ETFs Trigger Supply Shock Risks In December 2024, US Spot Bitcoin ETFs purchased an astonishing 51,500 BTC. On the other hand, BTC…
Why Human-Machine Teams Will Run on Crypto Networks
Autonomous robots may sound like sci-fi concepts that are decades away, but large language models and generative AI now allow machines to plan, learn, and think. More than that – the same software that can win the math olympics and write novels can also control physical robots, allowing one digital persona to operate across the digital and physical worlds. So yes, robots walking around your neighborhood, or working alongside you, will have consistent opinions and actions on X/Twitter, on prediction markets, and in the real world. But there’s a major…
Crypto Exchange and Wallet Backpack Acquires FTX’s European Arm for $32,000,000
Backpack Exchange, a crypto trading platform founded by former FTX and Alameda Research employees, is acquiring FTX EU for $32 million. According to a new announcement from the European-based crypto exchange and wallet Backpack, the exchange has bought out the European arm of FTX. “Backpack has acquired FTX EU and its MiFID (Markets in Financial Instruments Directive) II License. Our first priority is to return all customer EURO funds on behalf of the FTX estate, followed by rolling out a full suite of spot, margin, and futures trading products. Crypto…
Solana Meme Coin Contender Lightchain Set to Release Testnet in January With Meme Coin Launchpad
PRESS RELEASE. Meme coins are no longer just internet jokes—they’ve become a booming segment in the cryptocurrency space. From Dogecoin to Shiba Inu, the trend has demonstrated the power of community-driven currencies. The market, however, may be on the verge of its next big star with the entry of Lightchain, a Solana-based meme coin contender […] Source CryptoX Portal
Crypto Will Peak In Mid To Late March, Predicts Arthur Hayes
Este artículo también está disponible en español. In a new essay published on Monday, Arthur Hayes—renowned digital asset investor and former CEO of BitMEX—contends that the crypto market is poised to rally strongly in the first quarter of 2025 before topping out sometime in “mid to late March.” Hayes’s latest essay, titled “Sasa,” delves deep into several macroeconomic variables, including US Federal Reserve (Fed) policy, US Treasury General Account (TGA) balances, the Fed’s Reverse Repo Facility (RRP), and political uncertainty in Washington. Hayes began his essay by setting a vivid…
Bitcoin Technical Analysis: Bearish Signals Point to Potential Collapse Below $96,000
Bitcoin’s current valuation stands between $96,512 to $97,121 over the last hour, boasting a market capitalization of $1.91 trillion and a 24-hour trading volume amounting to $59 billion, indicative of intensified market engagement. The cryptocurrency oscillates within an intraday spectrum from $96,163 to $102,760. Bitcoin Bitcoin‘s one-hour chart delineates a pronounced downward trajectory, now stabilizing […] Original
When will altcoins rally in 2025? An on-chain analysis of Bitcoin bull run and market cycle
Bitcoin observed nearly 5% weekly gain and reclaimed the $100,000 milestone. The new year renewed BTC holders’ hopes for further gains, following the sell-off in the holiday season. As institutional interest and retail participation climbs, Bitcoin and altcoins could cover lost ground this market cycle. Original
Bitcoin dips below $100k as sell-side liquidity dries up
Bitcoin briefly retested the price level above $100,000 on Jan. 6, but the flagship cryptocurrency dipped below the six-digit mark again. Bitcoin’s (BTC) performance in 2025 has not met expectations so far, although the year is still in its early… Original