Author: driver789
ARK Invest CEO Cathie Wood said she would “make a shift from gold into Bitcoin” after gold’s run left the metal looking extended on a key liquidity-adjusted measure, arguing that bitcoin’s supply dynamics and long-term adoption case still favor the crypto asset despite a sluggish year. Speaking on a Feb. 2 episode of The Rundown interview, Wood framed the call as part of a broader “great acceleration” thesis laid out in ARK’s latest “Big Ideas” report, which expects AI-driven capital expenditure to surge and spill into robotics, energy storage, blockchain, and life sciences through what she described as converging S-curves.…
Cryptocurrency markets experienced another downturn today, with major assets like Bitcoin, Ethereum, and XRP ($1.59) seeing price declines that have left investors questioning the current market cycle. This volatility comes as industry leaders like Michael Saylor share new perspectives on Bitcoin’s role during turbulent times, while Bitwise’s CIO suggests the crypto winter may be approaching its end. Meanwhile, Standard Chartered’s revised Solana price targets reflect the complex dynamics at play, lowering short-term expectations while maintaining a bullish long-term outlook of $2,000 by 2030.The intersection of AI and blockchain continues to generate both excitement and skepticism. Justin Sun’s observation that crypto’s…
The Smarter Web Company began trading on the Main Market of the London Stock Exchange today, marking a major milestone for the UK-based firm as it continues to position itself as Britain’s largest publicly listed bitcoin holder. The company’s shares debuted under the ticker SWC at 43p. The uplisting follows the company’s initial public offering on the Aquis Exchange in April 2025, where it went on to become the UK’s best-performing equity that year. Founded in 2009 by chief executive Andrew Webley, The Smarter Web Company began as a web design agency focused on building bespoke, mobile-friendly websites for small…
Vitalik’s simple multisig check revives the “walkaway test,” exposing fragile Ethereum wallet UX just as spot ETH ETFs deepen flows and raise the cost of bad design. Summary Vitalik Buterin used Etherscan’s “read contract” to inspect his multisig from a phone without the Safe app, calling it a quiet win for open, walkaway‑compliant infrastructure. He warns this pattern will “eventually have to break” for privacy, floating viewing keys and client‑side block explorer integrations while conceding that pasting secrets into URLs is risky. Experimental tools like swissknifexyz and Microchain’s zk signers emerge just as spot ETH ETFs pull in sustained flows,…
In what some may see as a unique and slightly dystopian use of artificial intelligence, a crypto developer has launched a website that enables AI agents to rent humans to do tasks in “meatspace.” In a post via X on Monday, user Alex, or @AlexanderTw33ts, an engineer at decentralized finance platform Uma Protocol and layer-2 bridging solution Across Protocol, shared a video of his website “rentahuman.ai” in action. The site lets humans set an hourly rate and enables AI agents to hire them for anything from running simple errands to partaking in business meetings, taking photos, signing documents and making real-world purchases. Alex…
Ethereum is currently reporting the highest daily network growth in its history, a statistical surge that ostensibly signals a massive return of user activity.Over the past week, the Ethereum mainnet processed 2.9 million transactions, a new all-time high according to Token Terminal data.This activity was accompanied by a sharp jump in daily active addresses, which rose to approximately 1.3 million from roughly 0.6 million in late December.Critically, this explosion in throughput has occurred while transaction costs have remained negligible. Average transaction fees have stayed in the “pennies” range of $0.10 to $0.20 despite the record demand.Ethereum’s Onchain Activity (Source: Token…
New York — WisdomTree’s crypto business is no longer an experiment but core to the firm’s strategy and on the verge of turning profitable, CEO Jonathan Steinberg said in a fireside chat at the Ondo Summit in New York on Tuesday.“We want to continue to scale,” Steinberg said. “Last year, we went from like $30 million in assets to about $750 million in assets,” adding that he firm doesn’t currently make money on its digital asset efforts but is “in line of sight of taking this to a profitable business.”The firm, $150 billion in assets under management, has been investing…
Elon Musk’s artificial intelligence company xAI is hiring a crypto specialist to help train its AI systems on digital asset markets.According to a newly posted job listing, the company is recruiting a remote “Finance Expert – Crypto” to help teach xAI’s models how professional crypto traders analyze onchain data, evaluate token economics and manage risk in volatile, always-on markets. “This includes generating high-quality data in text, voice, and video formats: detailed annotations, model output critiques, step-by-step reasoning traces, audio explanations of strategies, and occasional structured video sessions,” the job description reads. As part of the role, the crypto expert would…
Bitcoin continues to trade below the $80,000 level as the market remains under sustained selling pressure and heightened uncertainty. Recent price action reflects a fragile environment in which downside moves are met with limited conviction from buyers, while broader risk sentiment across crypto stays defensive. As volatility persists, analysts are increasingly focused on on-chain indicators to assess whether the market is approaching exhaustion—or if further downside still lies ahead. Related Reading A new report from CryptoQuant highlights a notable deterioration in holder profitability through the Spent Output Profit Ratio (SOPR), which has fallen to its lowest levels of the past…
The crypto market is crashing today, January 29, with Bitcoin and most altcoins being in the red, and the valuation of all coins dropping to over $2.8 trillion. Summary The crypto market crashed on Thursday as gold and crude oil prices jumped. The slump happened as odds of an attack on Iran rose. Bitcoin and other cryptocurrencies are not seen as safe-haven assets. Oil, gold rally as crypto crashes Bitcoin (BTC) price dropped to $87,000 from the year-to-date high of $94,000. Ethereum (ETH) token dropped to $2,930 Binance Coin (BNB) fell to $890. The top laggards in the crypto market…