Key takeaways Stocks may survive AI disruption if they adapt quickly to changing technological and economic demands. New businesses spurred by AI, such as robotics, biotech or space, are expected to drive growth, and the stocks mirroring such advances will have a better chance of surviving the innovation turmoil. Periods of disruption should be expected as AI reshapes labor and markets; therefore, the next few years are for adaptation to the new technology. Bitcoin’s future rests on proving itself as a true store of value but also transitioning into a…
Category: Bitcoin News
BTC Drops Under $110K But October Trend May Revive Bulls
Key takeaways: Bitcoin suffers its steepest weekly decline since March, slipping under $110,000. Over $15 billion in leveraged positions were flushed out, signaling a reset in risk appetite. October seasonality has historically delivered strong Bitcoin gains. Bitcoin (BTC) is enduring its sharpest weekly decline since March 2025, with prices dropping over 5% and sliding below the $110,000 mark. The correction has hit short-term traders hard, as more than 60,000 BTC were sent to exchanges at a loss this week. This marked the first time in five months that Bitcoin fell…
Don’t blindly Cheer for a Bitcoin Strategic Reserve — Crypto Exec
Establishing a national Bitcoin (BTC) strategic reserve may create negative market impacts for BTC and the US dollar, according to Haider Rafique, global managing partner for government and investor relations at crypto exchange OKX. Rafique told Cointelegraph that any government holding significant portions of the BTC supply could manipulate prices by dumping its holdings onto the market, thereby disrupting the core proposition of BTC as neutral, decentralized money. He asked: “What happens in a few years if a new administration decides this was a bad idea?” Rafique added: “Despite recent…
Financial Instruments Will Catapult BTC to $10 Trillion: Analyst
Derivatives products, like options contracts — financial instruments that give investors the right but not the obligation to buy or sell an asset at a pre-determined price — will drive the Bitcoin (BTC) market capitalization to at least $10 trillion, according to market analyst James Van Straten. Van Straten said that options and other derivatives attract institutional investors and cushion markets from the high volatility that is a hallmark of digital assets. He pointed to open interest for BTC futures on the Chicago Mercantile Exchange (CME), the world’s largest derivatives…
The UK Needs Regulatory Clarity That Matches Ambition
Opinion by: Azariah Nukajam, head of regulation and compliance at Gemini The UK is at a critical juncture in its approach to the rapidly evolving digital assets space. Having solidified itself as a financial powerhouse in the modern global economy, the government has often spoken about making the UK a “leading global crypto hub.” Policy development has, however, been slow, fragmented and insufficiently ambitious. Hesitation carries costs for a sector as fast-moving as crypto and decentralized finance (DeFi). Capital, talent and innovation are highly mobile. The UK risks losing ground…
Trump-Linked WLFI Burns $1.43M in Tokens After Recent Buyback
World Liberty Financial (WLFI), the President Donald Trump-affiliated decentralized finance project, has burned 7.89 million WLFI tokens, worth approximately $1.43 million, following a $1.06 million buyback across different chains. Onchain data gathered by Lookonchain shows the project collected 4.91 million WLFI ($1.01 million) and $1.06 million in fees and liquidity earnings from its DeFi activities, and spent $1.06 million to repurchase 6.04 million WLFI on the open market. The team later burned 7.89 million WLFI on BNB Smart Chain (BNB) and Ethereum (ETH), while 3.06 million WLFI ($638,000) remains unburned…
SEC’s Hester Peirce Jokes About her ’Crypto Mom’ NFT Plan
Hester Peirce, a commissioner at the US Securities and Exchange Commission (SEC) known by many in the industry as “Crypto Mom,” gave a speech laced with non-fungible token (NFT) metaphors and a review of the agency’s approach to digital assets. Speaking at a Coin Center event on Thursday, Peirce seemed to joke in response to speculation that her “days at the SEC [were] numbered,” given her term officially expired in June. However, statutes allow SEC commissioners to serve up to an additional 18 months until the US Senate confirms a…
Spot Ether ETFs Post Straight Week Of Outflows
US-based spot Ether exchange-traded funds (ETF) have posted five straight net outflow days as the asset’s price slid around 10% over the week. On Friday, spot Ether (ETH) ETFs closed the trading week with $248.4 million in daily outflows, bringing total weekly outflows to $795.8 million, according to Farside data. Meanwhile, the price of Ether fell 10.25% over the past seven days, trading at $4,013 at the time of publication, according to CoinMarketCap data. Ether’s price is down 12.24% over the past 30 days. Source: CoinMarketCap The last time spot…
Vitalik Buterin Slams EU’s ‘Chat Control’ Bill, Warns of Privacy Threat
Ethereum co-founder Vitalik Buterin has criticized the European Union’s proposed “Chat Control” legislation, warning that it threatens the right to privacy in digital communications. In a Saturday post shared on X, Buterin voiced opposition to mandatory surveillance measures that would require tech platforms to scan private messages for illegal content. “We all deserve privacy and security… for our private communications,” Buterin said. “You cannot make society secure by making people insecure,” he wrote, arguing that backdoors built for law enforcement are “inevitably hackable” and undermine the safety of everyone. The…
Mike Novogratz Predicts ‘Biggest Bull Catalyst’ For Bitcoin
Galaxy Digital CEO Mike Novogratz said Bitcoin’s price could see a significant rally if the next US Federal Reserve chair nominee to replace Jerome Powell is exceptionally dovish. “That’s the potential biggest bull catalyst for Bitcoin and the rest of crypto,” Novogratz said in an interview with Kyle Chasse published to YouTube on Friday. “Fed’s cutting when they shouldn’t be, and you put in a massive dove,” Novogratz said, adding that may lead to “your blow-off top” moment for Bitcoin (BTC). “Can Bitcoin get to $200K? Of course it could…Because…