Cardano (ADA) has been stuck in the highly contested zone near $0.20 since suddenly soaring roughly 10% five days ago and, by Monday, might be at risk of crashing due to an August 7 Securities and Exchange Commission (SEC) filing. Specifically, after 75 days of regulated futures trading on the Chicago Mercantile Exchange, ADA became […]
Hedge funds trading bitcoin BTC$65,166.03 futures on the Chicago Mercantile Exchange have turned net long, according to Ki Young Ju, CEO of blockchain data analytics firm CryptoQuant. The rare positioning shift suggests professional traders are increasingly betting on bitcoin prices rising. “Hedge funds on CME have flipped net long on bitcoin futures, a rare shift […]
The number of transactions processed on the XRP Ledger has plunged over the past five days, signaling a slowdown in network activity as XRP continues to trade near the $1 mark. Data from CryptoQuant shows that total XRP Ledger transactions fell from 2.81 million on August 5 to 1.57 million as of August 9, a […]
Empire Digital, one of the companies that places Bitcoin at the center of its treasury strategy, has made a significant change to its reserves. According to the company’s latest quarterly report, Empire Digital sold a total of 1,635 $BTC for $102.2 million between July 1 and August 6. Following the sales, the total amount of […]
A renewed dispute among prominent Bitcoin voices has reopened a question that has followed the network since its major 2017 splits. The argument is not whether the protocol changed. Several upgrades have altered transaction handling, scripting, and validation without replacing its mining algorithm. Instead, the dispute concerns which changes preserve Bitcoin’s identity and which create […]
What Hayes Thinks the AI Buildout Really Is Arthur Hayes, co-founder of Bitmex and chief investment officer at Maelstrom, argues that the multitrillion-dollar artificial intelligence infrastructure boom resembles a real estate credit bubble rather than a traditional technology expansion. In an essay titled “Situationship,” published on Aug. 4, Hayes compared data center financing to the […]
Robin Brooks, a senior fellow at the Brookings Institution, has publicly challenged the narrative that Bitcoin functions as a safe-haven asset or a reliable store of value. In a recent post on X (formerly Twitter), Brooks argued that Bitcoin does not belong to the asset class that benefits from currency debasement, a claim that has […]
Robin Brooks is once again challenging Bitcoin’s credentials as a safe-haven asset. He has argued that its performance during the so-called “debasement trade” shows that it has failed to behave like digital gold. The senior fellow at the Brookings Institution said Bitcoin “isn’t part of the debasement trade.” According to Brooks, Bitcoin has “consistently underperformed […]
The founder of the large mining pool F2pool called Dashjr out on X and specifically said to feel free to change the PoW algorithm. The F2pool founder has been vocal in the past against BIP-110. Image source: X BIP-110 was designed around a 55% miner-signaling threshold. If miners did not voluntarily reach that level, enforcing […]
Bitcoin [$BTC] has extended its decline, with the asset struggling once again to clear the $65,000 psychological threshold after another failed run at the level. Even as some optimism builds around the prospect of Bitcoin gearing up for a much broader rally, analyst Joao Wedson has warned that the risk of a deeper decline remains […]