Category: Other Crypto News

Fidelity says Bitcoin’s Cycle Drawdown is the Mildest Yet

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Bitcoin (BTC) has declined by about 50% this market cycle, far less than in previous cycles, Fidelity Digital Assets said, adding this trend could continue over time.  Bitcoin’s post-all-time-high drawdowns have historically been steep, at about 80% to 90%, but this cycle has been about 50%, Fidelity Digital Assets research analyst Zack Wainwright said Tuesday. One can see the “diminishing returns” that have developed from cycle to cycle when looking at Bitcoin’s price performance from the perspective of the previous all-time high, he said. “Each cycle has been less dramatic…

Block Betting on AI to Transform Management and Speed Up Decision-Making

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Block co-founder Jack Dorsey has shared his vision of a future workplace where artificial intelligence could take the role of middle managers, weeks after the company cut around 4,000 employees because of AI.  In a blog post on Tuesday, Dorsey and Block’s lead independent director, Roelof Botha, said AI can track projects, identify issues, assign work and share critical information faster than humans, adding that Block is in the “early stages” of transitioning toward a model where the technology performs these tasks.  “We’re questioning the underlying assumption: that organizations have…

Recent Bitcoin Rally Saw Retail Shift To Selling, Glassnode Reveals

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Keshav is currently a senior writer at NewsBTC and has been attached to the website since June 14, 2021. Keshav has been writing for many years, first as a hobbyist and later as a freelancer. He has experience working in a variety of niches, even fiction at one point, but the cryptocurrency industry has been the longest he has been attached to. In terms of official educational qualifications, Keshav holds a bachelor’s degree in Physics from one of the premier institutes of India, the University of Delhi (DU). He started…

CFTC Warns Prediction Market Insider Traders

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The US commodities regulator’s chief enforcement director sent a cautionary message to prediction market insider traders on Tuesday, vowing that violators will face enforcement action. “We are aware of the speculation about insider trading,” CFTC enforcement director David Miller said at a panel at New York University on Tuesday. “We are watching.” “There’s a myth in mainstream media and social media that insider trading doesn’t apply in the prediction markets … That is wrong.” Miller, a former federal prosecutor who was appointed to the position on March 2, said the…

XRP Is Quietly Leaving Binance. A Hidden Signal Says Something Is Building Beneath It

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XRP is struggling to hold $1.35. The market is preparing for further downside. And beneath the price action, a quietly growing group of investors appears to have reached a different conclusion. Related Reading Data published by analyst Darkfost identifies a behavioral divergence that the spot chart does not reflect. Despite one of the most hostile environments for altcoins in recent memory, XRP has maintained a well-defined range between $1.30 and $1.50 for several months — a degree of structural resilience that stands out against a broader altcoin market where more…

Caltech Finds Quantum Computers Need Far Fewer Qubits

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Researchers at the California Institute of Technology theorize that a functional quantum computer may require far fewer qubits than previously thought, making it feasible for the first quantum computer to be deployed before the end of the decade.  Caltech researchers, working with a Caltech-linked start-up, Oratomic, said that by reducing the errors that “riddle today’s rudimentary quantum computers,” a functional quantum computer could be built with as few as 10,000 to 20,000 qubits.  It was previously thought that millions of qubits were necessary for a quantum computer to function properly,…

XRP Price Meets Resistance, Tough Challenge Caps Upside Momentum

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Aayush Jindal, a luminary in the world of financial markets, whose expertise spans over 15 illustrious years in the realms of Forex and cryptocurrency trading. Renowned for his unparalleled proficiency in providing technical analysis, Aayush is a trusted advisor and senior market expert to investors worldwide, guiding them through the intricate landscapes of modern finance with his keen insights and astute chart analysis. From a young age, Aayush exhibited a natural aptitude for deciphering complex systems and unraveling patterns. Fueled by an insatiable curiosity for understanding market dynamics, he embarked…

TAO Rockets 70% — Here’s What Fueled Bittensor Move And The Near‑Term Outlook

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Bittensor (TAO) has emerged as one of the market’s strongest performers this month, rallying roughly 73% over the past 30 days even as larger cryptocurrencies staged a more modest recovery.  NVIDIA Nod Fuels TAO Rally Market analyst Alex Carchidi argues that a key catalyst was public recognition from a major tech figure. NVIDIA CEO Jensen Huang recently acknowledged decentralized AI training — the core use case Bittensor champions — as a practical approach after hearing about the project’s latest technical milestone.  The analyst asserted that the endorsement amplified investor interest…

XRP Weakness Persists: A Breakdown Toward $0.87 Building

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XRP continues to show signs of weakness as bearish pressure steadily builds beneath the surface. Despite brief relief bounces, the lack of strong follow-through highlights a market still firmly under seller control. With key resistance holding and downside structure intact, momentum appears to be shifting toward a deeper move, bringing the $0.87 support level increasingly into focus. XRP Struggles To Find Strength As Bearish Pressure Builds Crypto analyst CasiTrades recently revealed that XRP’s price action remains notably weak, signaling that a significant move to the downside is getting closer. There…

Bitfarms Shares Soar Despite Net Loss Amid AI Transition

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Bitfarms (BITF) shares climbed 6.6% on Tuesday despite reporting a widened $284.5 million net loss for 2025, driven by a decline in Bitcoin prices and a high cost of revenue, with the company advancing its pivot to AI and high-performance computing.  The company’s full-year results statement on Tuesday showed a 72% year-on-year increase in revenue to $229 million. This was outweighed by $248 million in cost of revenue, leading to a gross loss.  General and administrative expenses also increased year over year, while the change in fair value of digital…