Not every AI agent needs its own cryptocurrency: CZ

Artificial intelligence agents need to prioritize their intrinsic utility, not the launch of their in-house native tokens to raise funds. AI agent-related tokens have significantly declined over the past month, as their cumulative market capitalization decreased by over 21% to the current $27 billion, according to CoinMarketCap data. While their continued decline may be part of the broader crypto market correction, another reason could be a lack of focus on intrinsic utility, according to Changpeng Zhao, the founder and former CEO of Binance, the world’s largest cryptocurrency exchange. 30-day market…

S.Korea Cuts Out Bitcoin Strategic Reserve Considerations: Report

South Korea’s central bank, the Bank of Korea (BOK), has taken a cautious stance on including bitcoin in its foreign exchange reserves, per a Korea Economic Daily report. In response to a question posed by a member of the National Assembly’s Strategy and Finance Committee, the BOK made it clear on Sunday that it has not entertained the notion of embracing BTC. The primary deterrent for the BOK is bitcoin’s notorious price instability, where the central bank fears that the wild swings in…

Peak ‘FUD’ hints at $70K floor — 5 Things to know in Bitcoin this week

Bitcoin (BTC) heads into FOMC week in a cautious mood, with multimonth lows still uncomfortably close. BTC price action preserves $80,000 support as upside liquidity looks ripe for the taking. The Fed is the center of attention with a decision due on interest rates and traders eagerly scanning Chair Jerome Powell for dovish signals. A return to accumulation among Bitcoin top buyers forms grounds for confidence over market stability going forward. Historical BTC price cycle analysis delivers an impressive $126,000 target for the start of June. Those looking to “be…

Bitcoin price back at $100k could trigger profit-taking, analysts warn

As Bitcoin nears $100,000, market watchers anticipate short-term consolidation, though the asset’s uptrend is likely to continue. Bitcoin (BTC) price returning to $100,000 could prompt “short-term consolidation,” analysts warn, though the long-term outlook for the cryptocurrency remains positive. While key psychological levels often lead to profit-taking, analysts point to gold’s rise to new all-time highs as a sign of growing momentum for alternative assets. Analysts at Matrixport noted that the shift in sentiment that began in the summer of 2023, when gold broke above $2,000, has boosted the outlook for…

Bitcoin To $10 Million? Experts Predict Explosive Growth By 2035

Reason to trust Strict editorial policy that focuses on accuracy, relevance, and impartiality Created by industry experts and meticulously reviewed The highest standards in reporting and publishing Strict editorial policy that focuses on accuracy, relevance, and impartiality Morbi pretium leo et nisl aliquam mollis. Quisque arcu lorem, ultricies quis pellentesque nec, ullamcorper eu odio. Este artículo también está disponible en español. In a new publication titled The Mustard Seed, Joe Burnett—Director of Market Research at Unchained—outlines a thesis that envisions Bitcoin reaching $10 million per coin by 2035. This inaugural…

Beeks Financial Profit Rises 180%, Kraken Becomes First Crypto Exchange Partner

BitMart’s Strategy & Growth | FMTalks with Ksenia Drobyshevskaya BitMart’s Strategy & Growth | FMTalks with Ksenia Drobyshevskaya BitMart’s Strategy & Growth | FMTalks with Ksenia Drobyshevskaya BitMart’s Strategy & Growth | FMTalks with Ksenia Drobyshevskaya BitMart’s Strategy & Growth | FMTalks with Ksenia Drobyshevskaya BitMart’s Strategy & Growth | FMTalks with Ksenia Drobyshevskaya 🎙️ BitMart’s Strategy & Growth: Key Takeaways from the Podcast In this insightful conversation, Ksenia, Growth Lead at BitMart, shares her perspective on BitMart’s strategy, the latest crypto trends, and the exchange’s expansion efforts. Here are…

Kraken to Offer Superfast Trading With the Planned Launch of Colocation Service

Crypto exchange Kraken plans to launch a new colocation service in the coming weeks that will offer clients ultra-low latency trading, the company said in a press release Monday. The service is for customers who need high speed execution, Kraken said, and traders operating out of London can expect latency of under a millisecond. “Many exchanges offer colocation services, but Kraken’s approach is unique – we’re making it accessible to all partners and clients, not just institutions,” said Shannon Kurtas, head of exchange at Kraken, in the release. Trading is…

Trump’s second ex-wife calls for end of persecution against Roger Ver

US President Donald Trump’s second ex-wife, Marla Maples, has shown support for ending the country’s case against early Bitcoin advocate Roger Ver, known as “Bitcoin Jesus.” “Sharing more re [regarding] the call to dismiss the prosecution against Roger Ver,” Maples said in a March 16 X post, sharing a video created by an organization aimed at supporting Ver and tagging Trump, Elon Musk and US Attorney General Pam Bondi. The Department of Justice charged Ver with mail fraud, tax evasion and filing false tax returns in April 2024, alleging he…

Bitcoin doesn’t meet foreign reserve standards

South Korea has no plans to incorporate Bitcoin in its foreign exchange reserves, according to the country’s central bank. On Mar. 16, local media outlet Yonhap reported that officials from the Bank of Korea ruled out adding Bitcoin (BTC) to its foreign exchange reserves in response to a written inquiry from Representative Cha Gyu-geun of the National Assembly’s Planning and Finance Committee. The central bank cited Bitcoin’s high volatility as a major concern, warning that “transaction costs to cash out Bitcoins could rise drastically” if the crypto market experiences instability.…

Crypto Whale Shorts $445M in BTC While Taking Bullish Bet on MELANIA Token, Hyperliquid Data Show

Bitcoin (BTC) has steadied since last Tuesday, bouncing to its 200-day average above $84,000 over the weekend. Still, a crypto whale has taken a contrarian stance by raising a leveraged bearish bet on BTC worth millions on Hyperliquid while betting bullish on the MELANIA token. As of writing, the whale held a short position in BTC perpetual futures worth over $445 million, generating an unrealized gain of $1.3 million. The position employed a 40x leverage and a liquidation price of $86,000, according to data source Hyperliquid and Lookonchain. The outsized…