Author: Editor
Pavel Durov, the founder and CEO of Telegram, used a wide-ranging conversation on the Lex Fridman Podcast to make one of his clearest long-term calls on Bitcoin yet: “I believe it will come to a point when Bitcoin is worth $1 million.” The remarks appear on Fridman’s newly released episode with Durov. Why Bitcoin Will Reach $1 Million: Pavel Durov Pressed by Fridman on why he kept accumulating Bitcoin and whether he sees further upside, Durov traced his conviction to the asset’s earliest days and to its monetary design. “I was a big believer in Bitcoin since more or less…
A long-silent Bitcoin wallet woke up this week and emptied roughly 400 BTC into several new addresses. According to blockchain trackers, the address sent its coins in multiple transactions, mostly split into batches of 15 BTC. The total value moved is roughly $44 million, based on current prices. Related Reading Wallet Linked To Early Mining Reports have disclosed that the coins trace back to mining activity from nearly 15 years ago. Lookonchain tied the funds to the early days of Bitcoin, and records show the wallet last moved coins in 2013, when Bitcoin traded near $135 per unit. That price…
Bitcoin (BTC) showed resilience over the last weekend as it defended the crucial $108,000 support level amid heightened whale selling on leading crypto exchanges around the world, including Binance. Bitcoin Survives September Whale Selling Pressure According to a CryptoQuant Quicktake post by contributor Arab Chain, September was marked by clear fluctuations between Bitcoin’s attempts to rally and exposure to selling pressure by whales and long-term holders. Binance trading volume data confirms this. Related Reading Arab Chain highlighted Binance’s Exchange Inflow Coins Days Destroyed (CDD) indicator, which showed significant volatility throughout September. The indicator recorded multiple peaks at various points during…
On Wednesday, Wikimedia Deutschland announced a new database that will make Wikipedia’s wealth of knowledge more accessible to AI models. Called the Wikidata Embedding Project, the system applies a vector-based semantic search — a technique that helps computers understand the meaning and relationships between words — to the existing data on Wikipedia and its sister platforms, consisting of nearly 120 million entries. Combined with new support for the Model Context Protocol (MCP), a standard that helps AI systems communicate with data sources, the project makes the data more accessible to natural language queries from LLMs. The project was undertaken by…
In brief The SEC will not take enforcement actions against advisors and other entities for using state-chartered as crypto custodians. This letter could lead to a potential opening for a greater number of organizations to serve as custodians for digital assets. In July, Chair Paul Adkins unveiled “Project Crypto, an SEC initiative to dramatically lower regulatory...
Free Membership Required
You must be a Free member to access this content.
Already a member? Log in here
Bitcoin (BTC) continues to navigate a phase of consolidation, hovering just above $113,000, leaving investors uncertain about the BTC’s next move. This uncertainty has led one analyst, known for accurately predicting BTC’s trajectory during this cycle, to suggest that a new bear market may be closer than many investors anticipate. Bear Market Warning In a recent post on social media platform X (formerly Twitter), the analyst, who goes by the name Doctor Profit, expressed ongoing confidence in his bearish outlook. Since adopting a negative stance in August, he has maintained that Bitcoin is likely to reach the $90,000 to $94,000…
In brief Tron Inc. stock has fallen 85% since June, part of a broader downturn for crypto-linked public companies. MSTR, BMNR, and the majority of publicly listed treasury companies are down double digits from their three-month peaks. This sell-off is a digital asset treasury trend, not a problem unique to any single firm, experts told...
Free Membership Required
You must be a Free member to access this content.
Already a member? Log in here
As the market stabilizes from last week’s correction, BNB is attempting to hold a crucial area that could set the stage for a rally, leading some analysts to suggest that the next leg up could be around the corner. Related Reading Kazakhstan Adoption Pushes BNB To $1,000 Nearly two weeks after breaking above the $1,000 milestone for the first time, BNB is attempting to hold this key area as support following the recent market pullback. The cryptocurrency has recorded a massive multi-month rally this quarter, surging 54% since the July opening. Over the past month, the cryptocurrency has climbed 16%…
In brief BNB Chain’s X account may be compromised with users urged not click on any links. CZ made the public announcement via his own X account on Wednesday. Phishing remains a prominent attack vector in the crypto industry. The official X account for BNB Chain has been compromised, prompting an urgent alert from Binance...
Free Membership Required
You must be a Free member to access this content.
Already a member? Log in here
A fresh bout of tribal sparring over token valuations broke out on X after CoinRoutes founder Dave Weisberger asked why XRP trades at more than ten times the market value of Chainlink’s LINK despite Chainlink’s high-profile role in financial-market infrastructure. The exchange, which followed Swift’s announcement at Sibos that it will launch a blockchain-based ledger, quickly crystallized two very different theories of “value capture” in crypto: a native asset securing and settling an L1 network versus a utility token powering oracle middleware. Weisberger set the stage with a direct challenge to the XRP community: “Can someone from the XRP army…