Category: crypto

Market observers have varying opinions on Bitcoin’s long-term performance and price structure. Adam Livingston notes a more stable pattern in Bitcoin’s recent price action, while Peter Schiff questions its long-term edge compared to stocks, gold, and silver. Livingston also highlights Bitcoin’s tightening trading range over time.

The cryptocurrency market experienced various developments, including concerns about token oversupply and changes in Bitcoin’s market cycle. Michael Ippolito highlighted the issue of token dilution due to increasing supply. Michael Saylor stated that Bitcoin’s price is now driven by capital flows rather than the traditional halving cycle. Polymarket faced backlash for a market related to…

The crypto market is facing pressure as the number of tokens increases faster than the value they create. Many tokens are trading below previous highs due to rising supply. Investors are now shifting focus to crypto stocks, with concerns rising about the long-term viability of the token market.

Anthropic has launched a new political action committee, AnthroPAC, to support candidates amid the growing debate over artificial intelligence policy in Washington. The PAC will be funded by employee contributions and is expected to back candidates from both major parties. Anthropic is also expanding its computing capacity with Google’s help.

Drift Protocol reported that the April 1 attack on its platform was the result of a long and organized campaign that involved building trust with contributors over six months. The attackers used malicious tools and links to breach contributor devices, with the exchange linking the exploit to the same actors behind the October 2024 Radiant…

Satoshi Nakamoto’s listed birthday on April 5, 1975 has drawn attention in the crypto market. Despite being the only public detail about Bitcoin’s founder, it remains uncertain if it is a real birthday or symbolic. Satoshi’s mysterious identity and lack of personal information make this date a recurring topic of discussion.

Michael Saylor stated that Bitcoin no longer follows the traditional four-year cycle tied to halving events. He believes that the market has entered a new phase where capital flows and credit shape the direction of Bitcoin’s price. This shift away from the halving cycle is seen as a significant change in the market’s dynamics.

Robert Kiyosaki mentioned that the current economic pressures are a result of policy changes in 1974. This led to shifts in retirement planning, debt, and inflation concerns. He warned baby boomers of potential retirement income gaps due to the transition to market-based accounts. Bitcoin sentiment turned more negative recently.

SpaceX has filed a confidential draft registration with the SEC for a potential IPO aiming for a $1.75 trillion valuation and raising up to $75 billion. This would be the largest IPO in financial history. The valuation is driven by Starlink’s 9.2 million subscribers and $16 billion in 2025 revenue. If successful, Elon Musk, who…

Elon Musk is requiring banks, law firms, and auditors vying for roles in SpaceX’s IPO to purchase subscriptions to his AI chatbot, Grok. Some Wall Street firms have agreed to spend tens of millions annually on Grok. This requirement is part of SpaceX’s upcoming IPO, targeting a $1.75 trillion valuation.