Category: crypto

: In a recent speech, Michael Saylor emphasized Bitcoin’s role as a digital defense system and essential for national security. He highlighted Bitcoin’s defense capabilities against AI threats and called for significant national investment in Bitcoin. Saylor framed Bitcoin as a cornerstone of modern geopolitical strategy and urged nations to participate in its hashing competition.

Traders are increasingly betting on a significant Bitcoin rally, with a surge in call options targeting $100K and $120K strikes. This suggests growing confidence in a potential price increase for Bitcoin.

Bitcoin whales have been acquiring more BTC over the past month, indicating sustained buying pressure despite market corrections. The Coinbase premium has been forming higher lows, suggesting institutional demand in the US market. However, market sentiment remains uncertain, with conflicting signals making it challenging for investors to predict short-term price direction.

Research shows that AI computational power has been doubling every 3.4 months since 2012, surpassing Moore’s Law. Advances in GPUs, LPUs, and TPUs have accelerated AI growth. Unlike traditional computing, AI is not constrained by physical limitations, with exponential improvements in performance and cost efficiency. Moore’s Law does not fully apply to AI’s unique trajectory…

Senator Cynthia Lummis reintroduced the BITCOIN Act, allowing the US government to acquire up to 1 million BTC. The bill aims to integrate digital assets into US financial strategy and ensure economic stability and innovation. The bill has Republican Senator cosponsors and a companion bill in the House. If enacted, the government would purchase BTC…

European regulators are reportedly investigating OKX’s Web3 service for potential violations of the Markets in Crypto-Assets (MiCA) regulation, following claims that Bybit hackers laundered $100 million in stolen funds through the exchange. OKX denies the allegations and states that its Web3 service is a self-custody wallet service.

Lawmakers and industry experts discussed the importance of US dollar-backed stablecoins and the need for regulatory framework during a US House Committee on Financial Services hearing. Stablecoins offer advantages over CBDCs by fostering competition and innovation. The STABLE Act aims to regulate stablecoins and ensure asset segregation for stability and adoption.

Standard Chartered’s Geoffrey Kendrick believes Bitcoin’s recent price drop may require sovereign accumulation or geopolitical clarity for a push higher. The crash brought prices close to levels seen after the US election in 2024. BTC hit a four-month low before recovering, facing downside risks due to macro uncertainties and market sentiment.

A recent ruling from the Second Circuit Court of Appeals in a Uniswap Labs case reaffirms that decentralized software creators should not be held liable for third-party misuse. The decision strengthens legal protections for DeFi developers and clarifies that DeFi protocols are neutral platforms, not active participants in transactions.

The SEC delayed approval decisions for various altcoin-based exchange-traded funds (ETFs) on March 11, including filings for Dogecoin, XRP, Litecoin, and Cardano. Despite the delays, the approval odds for these ETFs this year are still relatively high, with Litecoin leading at a 90% probability of approval. Regulatory conditions in the US could further improve the…