Category: Other Crypto News

Expert Trader Says Bitcoin Surge To $220,000 Is Coming, But This Will Happen First

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Bitcoin’s current price trajectory has left a lot to be desired, with the most concern currently being for when the digital asset will hit a bottom. There have been countless predictions since the decline began, and yet, Bitcoin remains below $70,000. Nevertheless, it has not stopped the barrage of bottom calls and price predictions. One of these was shared by crypto analyst Crypto Patel, who took to using historical data and performance to track how low the BTC price will probably drop before reversing upward. Bitcoin Price Could Still Crash…

X Targets Undisclosed AI Conflict Videos With Revenue Ban

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Social media platform X will suspend creators from its revenue-sharing program for 90 days if they post AI-generated war footage without clearly disclosing that the content was created using artificial intelligence. On Wednesday, X’s head of product, Nikita Bier, said the rule aims to maintain “authenticity of content on Timeline” during wartime events, when misleading media can spread quickly. “During times of war, it is critical that people have access to authentic information on the ground,” Bier wrote. “With today’s AI technologies, it is trivial to create content that can…

Ark Invest Adds $4M in Coinbase, $12M in Robinhood Amid Market Volatility

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Cathie Wood’s Ark Invest increased its exposure to crypto-related equities, adding shares of Coinbase and Robinhood Markets across several of its exchange-traded funds (ETFs) as broader markets pulled back. The company purchased a combined 22,452 shares of Coinbase across the ARK Innovation ETF (ARKK), ARK Next Generation Internet ETF (ARKW) and ARK Fintech Innovation ETF (ARKF), according to trade notifications for Tuesday. Based on Coinbase’s closing price of $182.36 during the day, the purchase was valued at about $4.1 million. Ark also accumulated 158,587 shares of Robinhood through the same…

CFTC Chair Says Crypto Perps Approval Is Close — Why This Is Huge For Hyperliquid?

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The newly appointed Chair of the Commodity Futures Trading Commission (CFTC), Mike Selig, has signaled that the United States is close to introducing a regulatory framework that would allow crypto perpetual futures to trade onshore.  The move, if finalized in the coming weeks as suggested, could reshape the digital asset derivatives market and potentially create a significant opportunity for Hyperliquid (HYPE), one of the fastest-growing platforms in the perpetuals segment. CFTC’s Plan To Bring Crypto Perps Back To The US Speaking Tuesday at the Milken Institute’s Future of Finance conference,…

South Korea Halts Trading as Global Markets Plunge

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The Korean Stock Exchange was forced to halt trading after the escalating conflict in the Middle East prompted a major share price plunge on Wednesday. The South Korean Kospi and Kosdaq each plunged more than 10% during morning trading in Seoul, triggering a circuit breaker as the indexes saw their worst session since August 2024, Channel News Asia reported on Wednesday. Japan’s stock markets also saw heavy losses on Wednesday, with the Nikkei and Topix both down almost 4%. Hong Kong’s Hang Seng Index was down 3%, and China’s Shanghai…

Bitcoin LTH Selling Cools: Is Months-Long Distribution Finally Ending?

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On-chain data shows Bitcoin long-term holders (LTHs) have seen their netflow rise recently, a sign that selling pressure from diamond hands is easing. Bitcoin LTH Net Position Change Is Becoming Less Negative In a new post on X, Glassnode analyst Chris Beamish has talked about the latest trend in the behavior of Bitcoin LTHs. This cohort represents one of the two main divisions of the BTC market done on the basis of holding time and includes the investors who purchased their tokens more than 155 days ago. Statistically, the longer…

MARA Revises Bitcoin Treasury Strategy, Opens Door To Selling $3.5 Billion In BTC

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MARA Holdings, one of the largest Bitcoin (BTC) mining companies in the world, has signaled a major shift in strategy that could have significant implications for the broader BTC market.  In a recent filing with the US Securities and Exchange Commission (SEC), the company disclosed an update to its treasury policy that would allow it to sell Bitcoin from its balance sheet — a notable departure from its long-standing commitment to holding the asset as a long-term investment. Bitcoin Miner MARA May Sell Reserves Under the new policy, MARA is…

TradFi Will Move to 24/7/365 Crypto Rails: Bitwise

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Bitwise chief investment officer Matt Hougan says he’s drastically cut his estimates of when “on-chain finance” will take off after seeing investors pile into crypto platforms such as Hyperliquid to trade tokenized assets amid the US-Israel attack on Iran. In a post on Tuesday titled “The weekend that changed finance,” Hougan said crypto perps futures platform Hyperliquid became the epicenter for trading real-world assets like crude oil and tokenized gold while the US, European and Asian stock exchanges were closed at the time of the first attack on Saturday at…

Bitcoin Dip Has Institutions Scrambling To Buy, Insider Reveals

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Bitwise CIO Matt Hougan says the recent Bitcoin dip is being read very differently inside institutional circles than it is on crypto social media. In a March 2 interview with Scott Melker, Hougan said many professional allocators that missed the first leg of ETF-driven adoption are now treating lower prices as an opening, not a warning sign. Bitcoin Dip Draws Rush From Institutional Buyers The clearest example was a prospective client Hougan said had been in discussions with Bitwise for roughly two years before finally committing $11 million. For Hougan,…

AI Agents Prefer Bitcoin Over Fiat, But Methodology Has Flaws

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A new study from the Bitcoin Policy Institute (BPI) suggests that artificial intelligence models prefer Bitcoin over stablecoins and other forms of money for different financial situations, with very few showing a preference for fiat currency.  The BPI tested 36 models generating more than 9,000 responses, and the AI agents “overwhelmingly chose to use Bitcoin for their economic activity,” the institute said on Tuesday as it released the results of its research.  The study found that 48.3% of AI models chose to use Bitcoin (BTC) overall, and it was the…