Author: driver789
Bitcoin saw its price crash toward $60,000 last week, and naturally, investor sentiment took a plunge with it. Now, while the sentiment has been in a decline for the better part of five months, what stands out this time is how low the score on the Bitcoin Fear & Greed Index has gotten. In fact, the sentiment surrounding the crypto market has dropped so low that it has gotten to a point that has only been hit twice in the history of Bitcoin. Bitcoin Fear & Greed Index Crashes To 9 Since hitting its all-time high of $126,000 back in August…
Bitcoin could benefit if artificial intelligence disrupts labor markets or creates volatility that prompts central banks to ease monetary policy, according to Greg Cipolaro, research lead at crypto services firm NYDIG.Cipolaro said in a research note on Friday that AI may prove to be a “general-purpose technology” such as electricity, and the macroeconomic effects it would have on employment, economic growth and risk appetite will affect Bitcoin (BTC).“If AI-driven growth occurs alongside expanding liquidity and contained real rates, that backdrop can be supportive for Bitcoin,” Cipolaro said. “But if stronger growth lifts real yields, tightens policy, and reduces the need…
Magic Edin is shifting resources from NFTs to its casino platform Dicey, after a closed beta saw $15 million wagered by around 200 users in two months.Solana-based nonfungible token (NFT) marketplace Magic Eden is winding down its support for Bitcoin and Ethereum to double down on its upcoming online casino and sportsbook, Dicey. Magic Eden CEO and co-founder Jack Lu said in an X post on Friday that it is winding down support for its Ethereum Virtual Machine and Bitcoin-based Runes and Ordinals marketplaces on March 9, followed by its Bitcoin API on March 27, and its crypto wallet on April…
A brief Sunday rally didn’t survive contact with Monday.Bitcoin slid to $66,702 in early Monday trading, down 1.1% over the past 24 hours, as traditional markets reopened and began pricing the U.S.-Iran conflict that crypto had been trading in isolation since Saturday. Sunday’s bounce to $68,000 on the Khamenei confirmation has now been mostly unwound, with the market settling back into the mid-$66,000 range that preceded the strikes.The broader crypto picture was mixed. Ether fell 2.5% to $1,967, solana dropped 4.1% to $84, and XRP lost 3.6% to $1.36. The weekly numbers paint the real damage, with solana down 8.1%…
Aayush Jindal, a luminary in the world of financial markets, whose expertise spans over 15 illustrious years in the realms of Forex and cryptocurrency trading. Renowned for his unparalleled proficiency in providing technical analysis, Aayush is a trusted advisor and senior market expert to investors worldwide, guiding them through the intricate landscapes of modern finance with his keen insights and astute chart analysis. From a young age, Aayush exhibited a natural aptitude for deciphering complex systems and unraveling patterns. Fueled by an insatiable curiosity for understanding market dynamics, he embarked on a journey that would lead him to become one…
Trump Media & Technology Group said it is considering spinning out its flagship social media platform, Truth Social, into a publicly traded company, a move that could see it prioritize its crypto ambitions.The Donald Trump-founded company said on Friday that it is discussing the potential deal with energy fusion startup TAE Technologies and Texas Ventures Acquisition III, a blank check company that would take control of the social media platform.The discussions build on Trump Media’s merger agreement with TAE Technologies in December in a deal worth more than $6 billion.When that merger is closed, Truth Social could be spun into…
The Office of the Comptroller of the Currency published its proposed rulemaking to regulate stablecoins under the GENIUS Act, sparking questions about whether it was banning yield payouts from crypto companies.You’re reading State of Crypto, a CoinDesk newsletter looking at the intersection of cryptocurrency and government. Click here to sign up for future editions.The narrativeThe Office of the Comptroller of the Currency (OCC), a federal banking regulator, published a notice of proposed rulemaking pursuant to the GENIUS Act explaining how it might oversee stablecoins. Most of it appears straightforward, but the portion addressing yield seems ambiguous, and possibly even controversial.Why…
Ethereum co-founder Vitalik Buterin said artificial intelligence could ramp up the network’s development roadmap while improving security standards. Summary Vitalik says AI could speed up Ethereum’s roadmap and delivery timelines. Half of AI gains should go toward stronger testing and formal verification. AI may help make near bug-free crypto code a realistic expectation. Responding to an experiment where someone “vibe-coded” Ethereum’s entire 2030 roadmap within weeks, Buterin wrote that “six months ago, even this was far outside the realm of possibility, and what matters is where the trend is going.” Buterin personally tested AI coding by building an equivalent of…
The past few days have seen shocking developments on the geopolitical front, with the United States and Israel launching coordinated strikes against Iran. The operation took place on Saturday, February 28, 2026, and because cryptocurrency markets trade around the clock, Bitcoin’s price action quickly reflected the shock. Bitcoin became the world’s real-time measure of fear, plunging, recovering, and leaving traders bracing for what comes next. Related Reading The Initial Shock: Bitcoin Tumbles Below $64,000 Bitcoin’s price action took a hit almost as soon as reports emerged that US and Israeli forces were conducting military operations inside Iran. Notably, Bitcoin plunged…
Tarek Mansour, the co-founder of prediction market Kalshi, provided an update, following the platform’s decision to void some positions that were opened after the death of Iran’s Supreme Leader Ayatollah Ali Khamenei was confirmed.“We don’t list markets directly tied to death. When there are markets where potential outcomes involve death, we design the rules to prevent people from profiting from death. That is what we did here,” Mansour said in a post on X.Iranian state media reported the death early Sunday, after an attack launched by Israel and the United States a day earlier.Kalshi is reimbursing all fees from the…