Bitcoin drops under $84K as 10-year Treasury yield hits 19-year high
Key points Bitcoin dropped below $84,000 as the United States 10-year Treasury yield hit its highest mark since 2007. An analyst estimated the chances of…
Cryptocurrency
AI agents will soon acquire their own computing power and data using stablecoins, says BlackRock
Artificial intelligence might become one of the primary catalysts for cryptocurrency adoption as independent agents begin acquiring services, transferring funds, and obtaining processing power, as…
Dogecoin Falls 8% and Bitcoin Dips Below $84,000 as Treasury Yields Surge to Multi-Year Highs
Bitcoin declined by over 2% to approximately $83,900 as escalating Treasury yields piled pressure onto leveraged and non-yielding instruments. Dogecoin spearheaded a wider digital asset…
A week of AI coding cut a quantum-safe bitcoin transaction estimate from $320 to $66
StarkWare reported that utilizing artificial intelligence-driven programming lowered the estimated computational expense required to prepare a quantum-resistant Bitcoin transaction from $320 down to $66 by…
Coinbase Introduces Fixed-Rate Bitcoin Loans via Morpho Midnight
Coinbase has incorporated fixed-rate, bitcoin-secured loans through Morpho Midnight, enabling clients to acquire USDC loans featuring an interest rate and maturity date locked in at…
Galaxy adds $100 million in Sky’s sUSDS to treasury, buys SKY token as firms deepen lending ties
Galaxy has integrated $100 million of sUSDS into its corporate reserves, accepted sUSDS as collateral throughout its institutional trading operations, and purchased an unspecified quantity…
BitMEX Ceases Operations: Perpetual Swaps Pioneer Shuts Down After 11 Years
BitMEX, the cryptocurrency derivatives venue that helped spearhead perpetual futures trading, concluded an era on Wednesday by suspending all exchange operations except for user withdrawals….
Bitcoin Stabilizes Near $86K While Rally Narrows and Brent Crude Drops Under $100
Bitcoin is consolidating on Wednesday following a powerful breakout earlier on Monday, changing hands at $86,379 during European morning hours, which marks a 0.24% increase…
Crypto Long and Short: Inside the blockchain processing $150 billion in weekly stablecoins
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Bitcoin Surpasses $80,000 on Institutional Inflows as Analysts Evaluate Rally’s Sustainability
Experts note that Bitcoin’s recent push past the $80,000 mark is supported by genuine buying pressure, although the lasting power of this upward movement is…