Bitcoin closed the week down 2.7% at around $62,990, with spot Bitcoin ETFs reversing strong inflows into outflows and XRP briefly falling below $1 due to a cross-chain bridge exploit. Despite stable prices, significant structural shifts occurred: Goldman Sachs agreed to acquire NEOS Investments, gaining crypto income ETFs; Bitcoin miners like Riot Platforms sold BTC to fund AI data centers amid unprofitable mining conditions; and US crypto regulatory progress was delayed to September. The crypto market remains range-bound with low volatility, trading mainly on ETF flows rather than inflation data, while regulatory clarity and miner selling pressure are key factors to watch next.
Bitcoin is currently exhibiting a rare long-term oversold condition on two key technical indicators, suggesting the bearish trend may be nearing exhaustion. Analyst Katie Stockton highlights this alongside improving momentum, which could indicate the...
Bitcoin saw increased inflows to major exchanges like Binance, Kraken, and Bitstamp even as its price threatened to drop below $62,000. This rise in exchange reserves suggests growing selling potential, which could suppress any short-term price recov...
Anthropic has introduced a subtle watermarking system for its Claude AI-generated text, triggering a surge in demand for apps that claim to remove these watermarks. These watermarks use complex statistical word patterns, making them hard to detect or...
Charles Hoskinson has introduced Anthropies, a tool designed to remove hidden watermarks and metadata from content generated by the AI model Claude. Anthropies targets Claude's keyed text watermark, C2PA image credentials, and Git commit trailers tha...
Shiba Inu trades at $0.00000446, close to its 12-month low and 68.8% below its yearly high, reflecting a 65.5% decline over the past year. The price remains below key moving averages, signaling an ongoing downtrend, while trading volume is below aver...
