Binance co-founder Changpeng Zhao argued that Bitcoin offers protection against inflation, a benefit he says artificial intelligence (AI) investments cannot provide. This comes as Wall Street anticipates AI spending to reach $725 billion this year, driven by heavy capital flows into AI infrastructure. While AI investments depend on future revenue and face bubble risk warnings, Bitcoin supporters emphasize its fixed supply as a hedge against monetary expansion and currency debasement. JPMorgan CEO Jamie Dimon remains optimistic about AI's growth, but some experts warn of a potential AI bubble crash far worse than the dot-com collapse. The debate highlights contrasting investment themes: inflation protection via Bitcoin versus growth potential in AI technology.
Bitcoin surged past the Short-Term Holder Realized Price of $67,000-$69,000 for the first time since May, signaling a potential shift in market momentum. The Long-Term Holder Realized Price remained steady near $49,200, indicating no major sell-off f...
The U.S. Securities and Exchange Commission (SEC) has introduced the "Regulation Crypto Assets" framework, which includes tailored offering exemptions and a conditional safe harbor to potentially prevent some crypto assets from being classified as se...
Bitcoin rebounded sharply from around $57,700 in July to about $79,500 by August 21, a 27% gain, after veteran trader Peter Brandt reversed his bearish stance. Brandt had initially forecasted a drop to the $58,000–$62,000 range earlier this year but ...
Bitcoin surged over 20% in a single week, rising from around $62,700 to $79,500, marking one of its strongest weekly gains in recent years. This rally mirrors past major market reversals seen in 2019 and 2023, suggesting a possible new bull market cy...
A crypto analyst known as DonAlt shared bullish price targets for Ethereum and Bitcoin, suggesting Ethereum could hit $4,000 and potentially surge to $10,000 if strong resistance is overcome. Currently trading above $2,400, Ethereum faces a key resis...
