XRP Price Bounce Risks 10% Decline
$XRP’s recent price bounce appears fragile with risks of a fresh decline looming, according to market expert Aayush Jindal. #Update #Crypto $XRP
Bitcoin Threatened by $2T Quantum Risk
Quantus warns $2T in crypto, including $BTC and $ETH, faces quantum risks as migration lags; NIST finalizes post-quantum standards for 2024. #Update #Crypto $BTC
Grok Launches AI-Powered Prediction Feeds for Gemini
@Gemini is integrating AI features through Grok for its prediction market, expanding beyond traditional crypto trading amid a market downturn. #Update #Crypto
Bitcoin Declines as US PCE Inflation Hits 3.8%
US PCE inflation rose to 3.8%, exceeding March’s 3.5%, pressuring risk assets and causing Bitcoin to decline amid geopolitical tensions; Core PCE missed forecasts at 0.2% #Breaking #Crypto $BTC (-8) ↘
Tether Stablecoin Surges 500% Yet Trails Rivals
Tether’s U.S.-focused stablecoin USAT ($USAT) surged to a circulating supply of $140.8M in April, up 540% from March, but still trails rivals like Circle’s USDC ($USDC) at $76B. #Update #Crypto $USAT
Anthropic Launches Claude Opus 4.8 AI
Anthropic launched Claude Opus 4.8, enhancing AI performance in software engineering and reasoning benchmarks without a price increase. The update improves safety measures and offers faster processing options. #Update #AI
Bitcoin Crashes as Key Supports Break
Bitcoin’s price fell below $74,000, struggling to maintain above $72,000 support amid bearish trends and resistance at $73,750. #Update #Crypto $BTC
CFTC Sues Rhode Island Over Prediction Markets
The CFTC sues Rhode Island to prevent state gambling laws from regulating federally registered prediction markets, intensifying a jurisdictional battle over event-contract platforms. Legal
Bitcoin Shifts Away from Dollar Dominance
Fidelity Digital Assets reports a notable shift as nation-states and central banks increasingly adopt Bitcoin and gold for alternative settlement systems outside US influence. #Update #Crypto $BTC
Crypto Bill Gains Momentum as Treasury Secretary Advocates
The Digital Asset Market Clarity Act gains momentum in Congress, with Treasury Secretary Scott Bessent advocating for regulatory clarity and bipartisan support, predicting a 57% chance of approval by 2026. #Update #Crypto $BTC
SEC Sees FalconX IPO Filing Surge
@FalconX has confidentially filed a draft S-1 registration statement with the SEC for a potential IPO, hiring Cantor and other bankers; market conditions may delay the listing until year-end. #Update #Crypto
AI Agents Predict User Needs Instantly
Researchers at Shanghai Jiao Tong University and @Tencent developed ProAct, an AI agent predicting user needs during message downtimes, outperforming earlier systems in simulations.
US Treasury Secretary Pushes CLARITY Act for Crypto
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The U.S. Treasury Secretary advocates for the CLARITY Act, emphasizing the need for regulatory clarity to establish the U.S. as a global leader in cryptocurrency innovation. #Update #Legal
Visa JPMorgan Test Tokenized Bank Payments
The Bank for International Settlements tests blockchain payments with real money in Project Agorá, involving @JPMorgan, @UBS, and others to enhance cross-border transactions. #Update #Finance