Bitcoin Hits Max Pain Amid Hot CPI Inflation
More than $2.3B in options for $BTC, $ETH, $XRP, and $SOL expire today; traders anticipate a potential drop to max pain prices amid US CPI inflation data release. #Update #Crypto $BTC $ETH $XRP $SOL
Bitcoin ETF Surges with $269M Inflows
@BlackRock’s Bitcoin ETF sees $269M inflows, marking its best day since early March; total net inflows for 2023 reach $1.5B despite market pullback. #Update #Crypto $BTC
Cryptocurrencies Classified as Financial Products in Japan
Japan’s cabinet has approved a draft amendment to classify cryptocurrencies as financial products under the Financial Instruments and Exchange Act, potentially effective by fiscal 2027, enhancing regulation and penalties. #Update #Crypto $BTC $ETH
OpenAI Launches Advanced Cybersecurity Product
OpenAI joins Anthropic in restricting access to its advanced AI models, citing cybersecurity risks, with a new “Trusted Access for Cyber” program. #Update #AI
XRP Surges 1,100% After Breakout
$XRP targets $17 after a significant breakout, suggesting a potential 1,100% surge. This development highlights bullish momentum in the cryptocurrency market. #Update #Crypto $XRP
TRM Labs Boosts Compliance in Latam
TRM Labs reports stablecoins account for 95% of illicit inflows in Latam, prompting VASPs to enhance compliance as governments enforce AML laws. #Update #Crypto
Tether Launches QVAC SDK for AI
Tether launches QVAC SDK, enabling AI development on local devices across major OS, enhancing privacy and reducing latency. #Update #Tech
Bitcoin Exchange Bithumb Seizes 7 BTC Assets
@Bithumb has initiated legal action to recover 7 BTC after mistakenly crediting users with 620,000 BTC during a promotional event, resulting in a $120 million loss. Legal experts cite unjust enrichment. #Update #Crypto $BTC
Crypto Adoption Set to Soar in 5 Years
@Binance co-founder Changpeng ‘CZ’ Zhao envisions crypto becoming an everyday utility by 2031, similar to the internet today, as global adoption rises to 559 million users. #Update #Crypto $BTC $ETH
XRP Outshines Bitcoin in Quantum Resilience
XRP Ledger’s validator Vet found 300,000 dormant accounts holding 2.4 billion $XRP are quantum-safe, while Bitcoin faces greater risk with up to 7.8 million vulnerable BTC. #Update #Crypto $XRP
Dogecoin Rival Pepe Eyes Wall Street
Canary Capital filed for a Pepe ETF, but the meme coin’s price remained stable, highlighting limited investor interest beyond major cryptocurrencies. Crypto $PEPE
XRP Bulls Target Resistance Breakout
XRP faces resistance as bulls aim for an upside break, according to market expert Aayush Jindal’s analysis. #Update #Crypto $XRP
AlphaTON Secures $43M Confidential Compute Deal
AlphaTON Capital (@ATON) signs a $43M AI infrastructure deal with Vertical Data for Nvidia B300 GPU clusters, enhancing compute for partners like Telegram and Animoca Brands. #Update #Tech
Bitcoin: Bitmine Launches $4B NYSE Buyback
Bitmine Immersion Technologies expanded its share repurchase program to $4 billion as it began trading on the NYSE, holding 4,803,334 ETH. #Update #Crypto $ETH