Bitcoin steadied in Asian trading on Thursday, hovering near $77,600 after a brief dip to $76,400 in late U.S. hours. That put the price above the $77,500 level again, though traders did not seem convinced a full recovery was underway. Ether lagged the group, trading just under $2,400. XRP led major altcoins with a gain…
Bitcoin pushed to a multimonth high after the Wall Street open on Thursday, even as stocks slipped and bond yields climbed on fresh US-Iran tensions. Data from TradingView showed BTC/USD retesting $71,000 before reaching $72,505 on Bitstamp, an 11-week high and a gain of more than 4% on the day. The move came after US…
A new version of the Digital Asset Market Clarity Act is making the rounds in Washington. The would-be final draft, which surfaced earlier this week, includes a hotly debated section that bans the president and other top officials from direct crypto ties. But the ban is only temporary — it is set to expire in…
Escalating tensions in the Middle East, along with renewed fears of a potential war between the US and Iran, have shaken global financial markets. The cryptocurrency world did not escape the turmoil. Bitcoin, the leading digital asset, saw a sharp decline, falling to around $62,000. Bitcoin reacts like risky assets despite safe haven narrative Bitcoin…
Ethereum co-founder Vitalik Buterin has outlined a new technical direction for the network under a “Lean Ethereum” strawmap, featuring quantum resistance, scalability, and privacy as top priorities. In a post on X over the weekend, Buterin described the planned upgrades as a transformation comparable in scale to the Merge in September 2022, which ended energy-intensive…
B.AI, a digital financial infrastructure built for the AI agent era, has announced a partnership with $CROSS, a full-stack Web3 gaming infrastructure. The goal is to explore how AI agents handle management and transactions inside Web3 gaming economies. The news was shared on B.AI’s official X account. Both platforms are built on blockchain technology, ensuring…
A new report from market-making and trading firm Caladan reveals that more than 90% of Web3 games have failed after burning through up to $15 billion in investment. The data shows that roughly 93% of so-called GameFi projects are now effectively dead, with token values down about 95% from their 2022 peaks and funding to…
Winter Storm Triggers Mining Shutdowns Bitcoin mining activity has taken its biggest hit since late 2021. A severe winter storm in the United States forced several large mining firms to curtail operations, and this triggered a sharp drop in network hashrate, production, and revenue. I think what’s interesting here is the scale of the disruption….
Gaming Protocol Teams with Space Exploration Game W3GG, a decentralized gaming protocol that operates as a regional sub-DAO focused on building Web3 gaming communities, has entered a strategic partnership with Lussaio. Lussaio is a Web3-enabled space exploration and strategy game where players discover new worlds and manage resources. The collaboration aims to create new earning…
Bitcoin miners face profitability crisis as winter storm compounds market pressures Bitcoin miners are having a rough time lately. I mean, really rough. The combination of falling Bitcoin prices and some serious external complications has created what might be one of the toughest periods for mining operations in recent memory. According to data from CryptoQuant,…
