Bitcoin is nearing a power law support line Fidelity has tracked since 2015
Jurrien Timmer, Fidelity's director of global macro, says bitcoin is drifting toward the bottom edge of the model he has used to track it for years.
Crypto
Cambridge study puts Ethereum near the lower end of PoS energy intensity
Cambridge estimated that Ethereum consumes 7.87 GWh annually and has the second-lowest market-value-adjusted energy intensity among the PoS networks studied.
Bitcoin, ether little changed as U.S. launches fresh Iran strikes
Bitcoin held near $63,800 on Saturday after the U.S. launched its third round of strikes on Iran this week and Tehran declared the Strait of Hormuz closed "until further notice." The largest cryptocurrency was down 0.3%…
Ripple once weighed shutting down and handing XRP to shareholders, CEO says
Ripple came close to shutting down rather than fighting the U.S. Securities and Exchange Commission, Chief Executive Brad Garlinghouse said, describing a decision he and co-founder Chris Larsen faced after the agency su…
Bitcoin bulls Michael Saylor, Adam Back slam BIP-110 Ordinals proposal
Strategy executive chairman Michael Saylor and Blockstream CEO Adam Back have doubled down on their opposition to BIP-110, a proposed temporary fork to limit non-monetary transactions on the Bitcoin network.
Empery Digital shares rise after selling Bitcoin treasury to fund AI data center project
The sales come months after a major Empery shareholder demanded the firm ditch its Bitcoin treasury strategy and force the resignation of its CEO and board.
Lending protocol Bonzo loses 77% of value locked as $9 million oracle exploit rattles Hedera
Bonzo Lend, a decentralized lending protocol on the Hedera network, suffered an estimated $9.05 million loss after an attacker exploited a verification flaw in a third-party Supra oracle contract, allowing them to borro…
Crypto IPO market stalls as capital rotates to AI and macro uncertainty weighs
The market for crypto initial public offerings has slowed sharply as investors rotate capital into other sectors and growing macroeconomic uncertainty dampens appetite for risk assets, according to Christian Lopez, head…
What Is Robinhood Chain? The Ethereum Layer-2 Network for Tokenized Stocks
Robinhood Chain is a blockchain network developed by Robinhood, the financial services company behind the stock and crypto trading platform.
The UK has finally shown it’s serious about crypto
Then-Prime Minister Rishi Sunak announced the UK’s ambitions to be a “global cryptoasset hub” all the way back in 2022. Since then, that goal has seemed more like a distant aspiration rather than actuality. But several …
Bitcoin nearing late stages of bear market: Jamie Coutts, Real Vision
Real Vision chief crypto analyst Jamie Coutts said it's far too early to call $1 million by 2030, but he's confident Bitcoin could climb up to $250,000 over the next couple of years.
Nano Banana 2 Lite vs. Nano Banana 2: When to Save Your Money and When to Upgrade
Google last week launched Nano Banana 2 Lite—officially gemini-3.1-flash-lite-image—as the entry point in its image generation stack, sitting below Nano Banana 2 and well below Nano Banana Pro. It delivers text-to-image…
Ethereum climbs 3% on tokenization boom: Can bulls push ETH price past $1,800?
Despite strong tokenization gains and institutional accumulation, weak onchain and derivatives data leaves ETH vulnerable to a $1,700 retest.
Bitcoin treasury company Empery Digital sold about half of its BTC stack
Empery Digital (EMPD) on Friday announced the sale of 1,400 bitcoin for $62,200 each, generating $87.1 million in proceeds.
AI found an Ethereum bug that could take validators offline, but humans had to prove it
Developers at the Ethereum Foundation recently set AI agents loose on the software Ethereum runs on, hoping to discover bugs in an ongoing effort to keep strengthening the largest blockchain by value locked.
Bonzo Lend loses $9M in oracle exploit on Hedera
An attacker inflated the value of SAUCE collateral and borrowed $9 million from Bonzo Lend through a flaw in Supra’s on-chain oracle verifier.
Bitcoin price gains nearly 10% in July, but traders still see BTC copying 2022 bear market
Bitcoin price gains approached 10% for the first two weeks of the month, but analysis warned of the bear market returning from August onward.
Dollar stablecoins could improve FX access but amplify currency runs: IMF paper
An IMF working paper says dollar stablecoins can improve access to foreign currency but may also help coordinate exits from local currencies during periods of severe exchange-rate stress.
Robinhood says its AI agent feature will ‘soon’ be assisting crypto traders
More than 70,000 agentic accounts have already been created by Robinhood equities and options traders since late May, when Robinhood launched a beta version of the product.
Bitcoin analysts predict $300,000–$500,000 price in 2029. The math says no
But one important data point runs counter to those forecasts, suggesting that gains may be more measured than ever.
DOJ moves to dismiss charges against alleged $722M BitClub fraudster: Report
The US Department of Justice is reportedly moving to drop charges against the founder of BitClub Network, a purported crypto mining platform that allegedly defrauded investors of $722 million between 2014 and 2019.
Apple Sues OpenAI, Claims Former Employees Stole Trade Secrets
Apple has sued OpenAI and two former employees, accusing the ChatGPT maker of using stolen trade secrets for its consumer hardware efforts.
Meta's Chief Data Officer Says Agentic Commerce is the "Next Tier of Business"
In a wide-ranging conversation on CoinDesk Spotlight, Schultz laid out a view of Meta's future in which agentic commerce is not a product category but an inevitability.
Kraken to overhaul app with AI investing assistant
The redesigned app will use AI to recommend trades and tailor investing tools around users' financial goals as Kraken expands into broader financial services.