Analysts are getting increasingly skittish about the mind-bending dollar amounts being plowed into the red-hot artificial intelligence (AI) sector. The AI Bubble Anxiety: Why Bitcoin Is Falling “We are looking at commitments of about $1.4 trillion over the next 8 years,” OpenAI CEO Sam Altman said last week. That figure is almost $200 billion larger […] Original
Key Notes The program targets international businesses, marketplaces, and gig economy platforms with compatible stablecoin wallets. Stablecoin growth has prompted Ark Invest’s Cathie Wood to lower her Bitcoin forecast from $1.5M to $1.2M per coin. Visa’s initiative complements its September stablecoin prefund pilot, enabling seamless fiat-to-crypto payment bridges. Global fintech giant Visa will roll out a new pilot program that allows businesses to make payments to individual stablecoin wallets in fiat currency, while recipients can choose to receive funds in US dollar-backed stablecoins. According to a Nov. 12 press release…
Transak expands U.S. regulatory footprint with six additional state MTLs, enabling broader stablecoin payments. Transak USA LLC announces it has secured Money Transmitter Licenses (MTLs) in Iowa, Kansas, Michigan, South Carolina, Pennsylvania and Vermont, bringing its U.S. licensing total to 11 states and strengthening its regulated stablecoin payment infrastructure; the company said the approvals were […] Source CryptoX Portal
Bitcoin mining company Bitdeer confirmed that a fire broke out at its facility in Massillon, Ohio, on Tuesday, with no reported casualties. The fire affected two of 26 buildings under construction at the Massillon site, which does not have any mining rigs installed, according to an announcement on Wednesday. Bitdeer said it “does not expect” the incident to impact the company’s operational hashrate, a measure of the total computing power commanded by its mining operations. The aftermath of the fire at Bitdeer’s Massillon, Ohio, facility. Source: Buckeye Drone The fire…
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Key Notes Framework introduces digital commodities, collectibles, tools, and tokenized securities as distinct asset categories. Sunset provision allows tokens to exit securities designation when networks achieve sufficient decentralization. Secondary trading exemptions enable post-contract assets to move to CFTC-regulated or state-supervised platforms. SEC Chairman Paul Atkins proposed a token classification framework on Nov. 12 that outlines how digital assets can transition out of securities status once their underlying networks become decentralized. The “Project Crypto” initiative introduces four distinct categories, according to Atkins’ remarks at the Philadelphia Federal Reserve conference: Digital commodities…
BNB’s price is showing signs of a rebound but remains trapped within a head and shoulders pattern. This setup could decide whether the token continues higher or faces another pullback in the coming sessions. Head and Shoulders Pattern Signals Possible Downside Move Crypto analyst Batman highlighted in a recent update on X that BNB is currently forming a Head and Shoulders (H&S) pattern on the lower timeframe chart. This classic top formation is a significant bearish signal, strongly indicating that the immediate upward momentum is failing and a structural reversal…
XStocks, a tokenized equity platform created by real-world asset (RWA) tokenization firm Backed and crypto exchange Kraken, has surpassed $10 billion in total transaction volume just over four months after its launch, signaling a growing appetite for tokenized investment products. The platform debuted earlier this year with more than 60 tokenized equities, including Nvidia, Amazon, Tesla and Meta Platforms, as well as several exchange-traded funds (ETFs). Each xStock token is fully backed 1:1 by the underlying equity or ETF, issued by Backed in partnership with Kraken. XStocks operates across Ethereum,…
Key Notes The marketplace combines AI-driven plush toys with NFT rewards through exclusive Early Access Pass holder benefits. Expert analysis suggests SEA token could revitalize trading activity by creating new incentives for buyers and sellers. FIFA World Cup 2026 presents massive crypto fan economy potential with 5 billion global engagement opportunities across 16 cities. OpenSea confirmed the launch of its AI Toy Mint, Meetbit, on Wednesday, signaling a bold new chapter for the NFT marketplace as it blends digital collectibles with real-world interaction. The project introduces Viz, an AI-powered plush…
Auradine is raising eyebrows across the mining industry with its latest Teraflux bitcoin mining systems—machines claiming a 50% efficiency boost and a new benchmark of 9.8 joules per terahash (J/TH). For the first time, Auradine says miners can look to a domestically engineered, fully supported U.S. alternative built for scale, resilience, and relentless uptime. Made […] Source CryptoX Portal