Sentiment analysis of social media platforms, done through a branch of AI known as Large Language Models (LLMs), have been applied to traditional trading in stuff like Apple or Nvidia stock. But when it comes to so-called Crypto Twitter, the signal is about an order of magnitude noisier, and is also driving a huge amount of retail trading, according to Yu Hu, CEO of Kaito. Source
A crypto mining firm faces a $14 million penalty after admitting to a $2.5 million bribery scheme to secure a Japanese casino contract, which ultimately failed. A Mining Empire’s Downfall: Bribery Scandal Leads to Global Fallout The U.S. Department of Justice (DOJ) and the U.S. Securities and Exchange Commission (SEC) have taken major actions against […] Source BitcoincryptoexchangeExchanges CryptoX Portal
Este artículo también está disponible en español. The Bitcoin price movements have recently formed a bullish symmetrical triangle pattern, a technical indicator that often precedes significant upward momentum. This pattern formation has come amidst a back and forth between $93,477 and $85,970 after the Bitcoin price reached an all-time high of $93,477 on November 14. The observation of this bullish symmetrical triangle was highlighted on the social media platform X by the crypto analyst known as Stockmoney Lizards, who is also credited with developing the Satoshimeter indicator. Symmetrical Triangle Points…
On Tuesday, shortly before bitcoin (BTC) reached a lifetime high of $94,057 per coin, Rumble CEO Chris Pavlovski sparked interest on X. He posed a question to his 289,300 followers, asking whether Rumble should adopt bitcoin as a strategy and add it to its balance sheet. Michael Saylor Joins Rumble’s Bitcoin Treasury Debate: ‘I’d Be […] Original
Trump has named his transition team co-chair, Cantor Fitzgerald CEO Howard Lutnick, as commerce secretary. Earlier, Lutnick was fiercely jockeying to become treasury secretary, which now looks to be going to Key Square Group founder Scott Bessent, Apollo Global Management CEO Mark Rowan or former Federal Reserve governor Kevin Warsh, who are top contenders. Source
Two Solana (SOL)-based altcoins are rallying amid sudden support from the South Korean crypto exchange Bithumb. Bithumb announced spot trading support starting on Tuesday for memecoin PONKE (PONKE) and automated market maker (AMM) protocol Raydium (RAY). Amid the news, monkey-themed PONKE has shot up more than 7% in the last 24 hours, trading for $0.77 at time of writing. The memecoin is up more than 90% in the last 30 days. With a market cap of $424.4 million, PONKE is the 198th largest crypto project. PONKE also recently gained spot…
The protocol’s rejuvenation is driven by elevated perpetual funding rates, with more catalysts ahead for growth. Source
Imagine a situation where an agent engages another agent to complete a specific task such as paying invoices and following up with clients via emails. In this scenario, agents might receive numerous of those tasks, with payments unlocked as these tasks are completed( ex: an invoice is successfully paid). The nascent state of the AI agent market is a challenge to making any of these scenarios work in practice. Therefore, the evolution of payment transactions in agentic workflows will likely not follow a straightforward path to crypto adoption and may…
Bybit, Bitget and OKX, three of the largest cryptocurrency exchanges, all prohibit traders from the U.S., where the companies are not licensed. Yet in August, the three exchanges combined had almost a million monthly active users (MAUs) in the U.S., according to research by Sensor Tower obtained by CoinDesk. Source
Futures and options account for a huge amount of trading in traditional markets, but crypto derivatives are disproportionately small, CEO James Davies, a co-founder of the company, said. Large centralized exchanges historically opted for payments licenses, which didn’t allow for derivatives trading, though a gap in the regulations regarding perpetuals allowed those products to be introduced. Source