Wedbush analyst Dan Ives explains that capital is shifting from Bitcoin to AI stocks because investors see greater potential returns in AI, driven by chip makers, cloud companies, and AI software firms. This shift represents a once-in-a-century investment cycle, diverting funds from crypto despite Bitcoin's recent gains. Ives warns that picking the wrong AI stock carries risks, while Bitcoin remains a simpler, though volatile, investment. The pendulum of capital flows swings between themes, but currently, AI's infrastructure investments and growth prospects attract more money than crypto.
Celestia (TIA) surged 30.32% to $0.696, topping the crypto gainers among the 90 largest cryptocurrencies by market cap. Other notable gainers include Injective (27.40%), LayerZero (22.16%), Ether.fi (16.28%), and NEAR Protocol (15.64%). Meanwhile, Bi...
Bitcoin's mining difficulty increased by 5.92% to 140.58 trillion, marking its highest level since March 2026 and the third-largest hike this year. This rise reflects more computing power joining the network, pushing the hashrate above 1 zettahash pe...
On October 16, XRP recorded the highest funding rate among five major cryptocurrencies, with an annualized rate of 8.9%, indicating strong demand for long positions. Dogecoin experienced the largest 24-hour increase in open interest, rising 8.49% to ...
Bitcoin's price recovered to above $82,000 on October 16 after briefly falling below $80,000 the previous day, staying above its 50-day moving average. U.S. spot Bitcoin ETFs saw a small net inflow of $5.1 million on October 15, following large outfl...
The SEI token now has US dollar-settled perpetual futures listed on OG.com Markets, a CFTC-regulated exchange, joining Bitcoin, Ether, Solana, and XRP as one of only five crypto assets with such regulated contracts in the US. These perpetual futures ...
