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Circle shares slumped on Tuesday (nearly 20%) after U.S. lawmakers advanced the Clarity Act. This decline has been linked to the Clarity Act draft language that suggests it would curb interest paid on crypto stablecoin holdings. Related Reading A Key Crypto-Basics Misunderstanding The reason of the sudden drop? The market is misunderstanding the legislation, analyst Gautam Chhugani and his three Bernstein colleagues said in an investor note shared with DL News. “The market is conflating who earns yield with who distributes yield”, they said. It is no secret that the market is moved by the heightened emotional responses of investors,…

Okay, so the U.S. and China are locked in an all-out race to build the most powerful AI on the planet. Beijing is throwing billions at homegrown models, tightening its grip on the tech sector, and watching nervously as its best AI talent gravitates to U.S. companies. A Carnegie Endowment study published late last year found that 87 of the 100 top Chinese AI researchers at U.S. institutions in 2019 are still there. Yet Manus — one of China’s most buzzed-about AI startups — quietly relocated to Singapore and sold itself to Meta for $2 billion. Did anyone think there…

In brief Circle shares pared losses after Cathie Wood’s Ark Invest bought the dip on Tuesday. Clear Street analysts predicted that preventing stablecoin intermediaries from offering deposit-like rewards won’t slow down USDC adoption. Bernstein analysts argued that prohibitions on yield wouldn’t threaten Circle’s revenue model, which involves investing USDC reserves in U.S. Treasuries. Circle shares...

Crypto analyst Crypto Patel has outlined a roadmap for how Bitcoin could rally to $300,000. The analyst also indicated that investors will have the opportunity to buy at lower levels, as he predicts BTC will first drop to $44,000.  Roadmap For The Bitcoin Rally To $300,000 In an X post, Crypto Patel laid out the roadmap for the Bitcoin rally to $300,000. First, he stated that BTC will bounce into the $89,300 to $98,000 range, which is the higher timeframe bearish order block. Once that happens, he predicts the leading crypto will face rejection from that zone, triggering the final…

As demand grows for training and refining AI models, Deccan AI — a startup supplying post-training data and evaluation work — has raised $25 million in its first major funding round, with much of that work carried out by an India-based workforce of experts. The all-equity Series A round was led by A91 Partners, with participation from Susquehanna International Group and Prosus Ventures. While frontier AI labs including OpenAI and Anthropic build core models in-house, much of the post-training work — from data generation to evaluation and reinforcement learning — is increasingly being outsourced as companies push to make systems…

In brief McLaren Racing has joined the Hedera Council as a governing member with equal voting rights. The motorsport brand has a large following and won the last two Formula 1 team championships. McLaren has launched free-to-mint digital collectibles on Hedera, with drops tied to specific races throughout the 2026 season. McLaren Racing, which competes...

Bitcoin is holding above $70,000. The number looks resilient. The geography behind it tells a more cautious story. An Arab Chain report tracking real-time exchange pricing has identified a spread that cuts against the bullish surface reading: Bitcoin is currently trading at $70,747 on Binance and $70,533 on Coinbase — a gap of -$213.95, with the global exchange leading the American one. That difference, small in percentage terms, is significant in what it reveals about who is actually buying. Related Reading The Coinbase-Binance spread is one of the oldest and most reliable demand gauges in crypto markets. When Coinbase trades…

In brief Nearly $15 billion in Bitcoin options contracts expire on Deribit Friday, representing 40% of BTC open interest on the exchange. A diplomatic window tied to Trump’s postponement of strikes on Iranian power plants expires in near-lockstep with Friday’s options settlement. Analysts expect an orderly expiry but warn that post-settlement price action and elevated...

A crypto analyst has issued a bold long-term forecast for Bitcoin, predicting that a capital rotation out of gold and into Bitcoin will drive the asset to $800,000. This prediction is coming at a time when gold’s recent decline has caught many financial investors off guard.  Biggest Gold To Bitcoin Rotation Is Coming Bitcoin has never lacked bold long-term projections, and over the years, some of the most optimistic forecasts have placed its future price well into six-figure territory and beyond. At different points in the cycle, these expectations have stretched as far as $1.5 million, especially during periods of…

In brief Google publicly set a 2029 deadline to transition its systems to post-quantum cryptography. Bitcoin faces long-term cryptographic risk as quantum breakthroughs compress security timelines. Crypto must coordinate a slow, decentralized migration to quantum-resistant standards under external pressure. Google is done treating quantum computing as a future problem. On Tuesday, the company published a...