Author: admin

Bitcoin bounced back toward $69,000 on Feb. 25 after an intraday flush that printed lows in the low-$60,000s across multiple venues, liquidating nearly $500 million in short positions.The move keeps price inside the $60,000-$69,000 range that has defined February trading, according to Glassnode.Yet, it doesn’t resolve the structural weakness that has characterized the market since its 47% drawdown from all-time highs.The bounce looks less like a macro breakout and more like a risk-on rebound combined with a flow and positioning reset after capitulation. Three mechanics explain the move.Three drivers behind the rallyCross-market risk appetite returned. Global equities rallied on Feb.…

In brief ICAC officers say Meta’s AI tips overwhelm investigators with unusable reports. It comes amid allegations via a New Mexico state lawsuit alleging Meta’s AI complicates child exploitation investigations. Meta pushed back stating it cooperates quickly with law enforcement and reviews reports before submission. Meta’s use of artificial intelligence to police its platforms is generating large volumes of low-quality reports that are draining resources and slowing child abuse investigations, according to a report by The Guardian.The news comes as New Mexico law enforcement officials testified last week that AI-generated reports are overwhelming investigators and slowing child exploitation cases. Officers…

Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure Following a brief and sudden market-wide uptick, the Ethereum price is drawing closer to the pivotal $2,100 mark again, recording a 12% rise in the past day. Despite the bounce on Wednesday, the broader market of ETH is still quite bearish, but bullish sentiment appears to be gaining momentum in the Spot ETFs sector. Sharp Decline Meets Quiet Ethereum Spot ETF Inflows The recent price movement of Ethereum has been quite harsh, with steep declines and ongoing volatility significantly impacting market sentiment. However, beyond the persistent waning…

U.S. spot bitcoin exchange-traded funds recorded $506.5 million in net inflows on Feb. 25, the largest single-day total in three weeks, reversing a stretch of heavy redemptions that had fueled doubts about institutional demand. The surge followed $257.7 million in inflows on Feb. 24, bringing the two-day total to more than $750 million. The rebound came after five consecutive weeks of outflows totaling about $3.8 billion. Year to date, net flows are now just under $2 billion in outflows. BlackRock’s iShares Bitcoin Trust (IBIT) led Tuesday’s gains with $297.4 million in inflows, accounting for nearly 60% of the daily total.…

On Feb. 25, t54 Labs announced that Ripple was a strategic investor in its $5 million seed round investment. t54 describes itself as the trust layer for the fast-rising agentic economy.The latest artificial intelligence move is small in dollar terms, but larger in what it signals about where Ripple sees the next fight in blockchain infrastructure.This is because Ripple is not backing a consumer chatbot or another token-branded AI product. It is backing the payment controls, identity checks, and risk infrastructure that could help determine whether autonomous software agents can transact in a way that businesses and regulated institutions are…

In brief Starknet will support a Bitcoin-based asset that enables better privacy The token will be called strkBTC, and it will feature Zcash-like features It will have a viewing key for compliance purposes. Starknet revealed a Bitcoin-based asset on Thursday aimed at enabling people to better maintain their privacy on the Ethereum layer-2 scaling network.The upcoming token dubbed strkBTC will allow individuals to shield account balances from public view and make confidential transfers, according to a press release shared with Decrypt by the Starknet Foundation and StarkWare, the network’s creators.Even when the token is held in a way that makes…

Common phrases heard among Bitcoiners include “don’t trust, verify” or “not your keys, not your coins”, sometimes even claiming that it’s “backed by math”. But what do these proverbs ultimately boil down to, and how exactly is this involved math put into practice? Most readers are surely aware that a fundamental ingredient in the design of Bitcoin is public-key cryptography and more specifically digital signatures, which are essential to prove ownership without needing a central entity. Probably less well-known is what piece of software is under the hood to make that elliptic curve math work and what efforts are involved…

Ethereum’s latest long-term planning document has given investors a new way to assess whether the digital asset can eventually reach $10,000 by the end of this decade.The newly published “Strawmap,” introduced by Ethereum Foundation researcher Justin Drake, reads less like a conventional roadmap than a preemptive response plan.It sketches a path for Ethereum base-layer upgrades through the end of the decade, with seven forks by 2029 and five broad targets, including a faster Layer 1, much higher throughput, post-quantum security, privacy at the base layer, and a scaling architecture that keeps Layer 1 and Layer 2 moving together.In essence, Ethereum…

In brief Senators from both major parties pushed back against Sam Bankman-Fried’s support of the Clarity Act on social media. Wyoming Senator Cynthia Lummis said SBF’s support wasn’t wanted or needed. The disgraced crypto founder is serving a 25-year prison sentence for his role in the collapse of FTX. While some U.S. lawmakers have backed the crypto market structure bill—the Clarity Act—and are seeking broader support, senators from both sides of the aisle made it clear this week that they do not want it from disgraced crypto entrepreneur Sam Bankman-Fried.The imprisoned founder and former CEO of collapsed crypto exchange FTX…

In brief A bipartisan group of lawmakers introduced a bill to protect non-custodial crypto developers from criminal prosecution. The bill would amend a criminal code used to convict multiple crypto developers last year. While similar protections may appear in a broader crypto market structure bill, the bill may not pass this year. A bipartisan group of lawmakers introduced a bill Thursday that would exempt certain decentralized software developers from criminal liability.With crypto’s stalled market structure bill poised to contain similar language, what does the bill’s introduction mean for the state of privacy-focused crypto legislation in Washington?The new bill goes further…