24/7 Blockchain industry dynamics and breaking crypto news
BitMEX co-founder Arthur Hayes argues that three structural forces—the US-China AI arms race, war-driven inflation, and US election politics—will unleash massive liquidity, propelling Bitcoin past $90K toward a $126,000 target in a parabolic rally.
Read MoreAnthropic has formally declared all unauthorized tokenized stock offerings invalid. The company warns that third-party products may be fraudulent or worthless under current share restrictions, urging investors to exercise extreme caution regarding inflated valuations.
Read MoreRay Dalio, founder of Bridgewater Associates, argues Bitcoin fails as a safe-haven asset due to its high correlation with tech stocks, lack of privacy, and limited market scale. He asserts that gold remains the singular reliable store of value during economic uncertainty, sparking debate on digital versus traditional assets.
Read MoreThe onshore Chinese yuan closed at 6.7946 against the US dollar at 16:30 Beijing time, rising 8 basis points from the previous session. This modest gain highlights improved market sentiment and easing external pressures, supporting short-term stability for the yuan.
Read MoreBitcoin experienced significant volatility, briefly falling below the $81,000 level to $80,996.85. Despite a modest 0.32% gain over 24 hours, the rapid market shifts underscore the need for vigilant risk management among investors.
Read MoreEthereum has fallen below the key $2,300 level, currently trading near $2,299 with over a 1.2% decline in 24 hours. Market volatility has increased significantly, prompting investors to monitor technical indicators closely and strengthen risk management.
Read MoreOn May 12, international oil prices saw a significant surge. WTI crude jumped 3% daily, reaching $101.58 per barrel. Brent crude also broke through the $105 per barrel mark, rising 2.49% intraday, indicating tight market supply-demand dynamics.
Read MoreBhutan recently moved another 100 BTC, worth $8.1 million, continuing its significant sell-off this year. With over $230 million in Bitcoin sold and reserves potentially depleted by September, its strategy is drawing intense market scrutiny.
Read MoreMorgan Stanley Wealth Management forecasts that the incoming Fed Chair Wash will prioritize shrinking the central bank's balance sheet and revising forward guidance, marking a pivotal shift from ultra-accommodative policies toward normalization.
Read MoreCiti's latest research report names Alibaba as the top AI investment pick in China, with a HK$204 target price. The bank highlights Alibaba's full-stack AI capabilities and predicts explosive growth in its cloud AI revenue, positioning it to lead in the expanding AI economy.
Read MoreCiti Research identifies Alibaba as the top AI investment choice in China, praising its vertically integrated AI capabilities from chips to models. It reiterates a 'Buy' rating with specific price targets, forecasting explosive growth for Alibaba Cloud's AI revenue.
Read MoreFormer Goliath Ventures CEO admits to running a crypto Ponzi scheme, misusing investor funds for luxury properties and expenses. He returned to the US to face fraud charges, potentially facing 30 years in prison.
Read MoreCoinbase CEO Brian Armstrong meets key Republican senators just before a Senate committee vote on the sprawling CLARITY Act. This 300+ page bill aims to set stablecoin, DeFi, and federal crypto rules, with its outcome crucial for shaping U.S. digital asset regulation.
Read MoreA deadlock in U.S.-Iran negotiations has heightened market fears over geopolitical risks and tightening crude supply, pushing oil prices up over 2%. Brent and WTI futures both surged. Analysts cite unclear prospects for the Strait of Hormuz and upcoming agency reports as key market drivers.
Read MoreThe 30-year U.S. Treasury yield has climbed back above 5%, prompting fresh analysis of long-term interest rate trends and Federal Reserve policy implications for global investments.
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