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Ethereum (CRYPTO: ETH) creator Vitalik Buterin mapped out on Monday key ways the blockchain could team up with artificial intelligence, detailing four interconnected priorities in a 2×2 framework.
How Ethereum Is Reshaping AI Economies
The first pillar focuses on private, verifiable interactions with AIs, like local large-language models auditing smart contracts or verifying decentralized app transactions without third-party user interfaces.
The next pillar positioned Ethereum as an “economic layer” for AI-related transactions, including API calls, bot hiring, and security deposits.
“The goal here is to enable AIs to interact economically, which makes viable more decentralized AI…
Read more on Benzinga
THIS AI TAKE IS NEXT LEVEL 🚀 🤯
Market commentator The Kobeissi Letter highlighted on Monday the massive scale of Tether (CRYPTO: USDT) in the U.S. treasuries market.
Tether’s Profit Strategy Via US Treasuries
In an X post, Kobeissi Letter said that the “stablecoin market is ripe for disruption,” emphasizing how Tether has become the 17th-largest holder of U.S. sovereign debt, totaling roughly $135 billion. This places the company ahead of big economies such as South Korea, Saudi Arabia and Germany.
When a user or institution wants to buy USDT, they deposit dollars into a Tether bank account. Tether then invests these dollars to buy treasury bills, earning billions in interest income.
Notably, Tether reported…
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Coinbase Global Inc. (NASDAQ:COIN) CEO Brian Armstrong championed cryptocurrency and tokenization on Monday, emphasizing that they open up investment opportunities to billions.
‘A Great Equalizer’
In an X post, Armstrong argued that the two technologies would democratize wealth creation by providing a “level playing field” for people worldwide.
“Crypto and tokenization will be a great equalizer, giving billions a level playing field to pursue wealth creation,” the cryptocurrency mogul said.
Armstrong drew on psychologist Jordan Peterson’s view that we should prioritize “equality of opportunity” instead of “equality of outcomes.”
Asset Tokenization: The Future Of… Read more on Benzinga
Bitcoin is holding above $70,000 despite broader risk-off pressure across global equities, as markets await key U.S. jobs data scheduled for Wednesday.
Notable Statistics:
Coinglass data shows 102,178 traders were liquidated in the past 24 hours for $408.19 million.
In the past 24 hours, top gainers include Kite, Humanity Protocol and World Liberty Financial.
Notable Developments:
Trader Notes: Crypto chart analyst Ali Martinez highlighted that Bitcoin has historically formed major market bottoms near the −1.0 MVRV pricing band, which currently sits around $52,040. This level has previously marked areas of long-term value during drawdowns.
Crypto Tony noted that Bitcoin’s short-term…
Read more on Benzinga
Federal Reserve Governor Christopher J. Waller downplayed risks from bitcoin and broader crypto markets on Monday, arguing that digital assets remain largely disconnected from the traditional financial system even as the technology behind them moves into the mainstream.
Speaking at an event hosted by the Global Interdependence Center, Waller framed crypto markets as an extension and competition of everyday commerce rather than an entirely new phenomenon.
His comments come as crypto markets continue to grapple with regulatory uncertainty in Washington and recurring bouts of volatility that have shaped investor sentiment for years. While bitcoin has become more embedded in…
Read more on BitcoinMagazine
Starting from its Jan 30th close near $82,000 (right after Kevin Warsh was nominated as Fed chairman), Bitcoin would end up plunging over 25% into yesterday’s close on Thursday and show the most oversold levels since 2018.
Several factors likely contributed to the move:
Kevin Warsh’s nomination reinforced hawkish expectations
The 10-year Treasury yield rose to 4.35%, strengthening the dollar
Soft labor data increased recession concerns
Correlated selling in risk assets like $IGV
A cascade of leverage-driven liquidations in crypto markets
Importantly, none of these altered Bitcoin’s underlying mechanics.
But did anything fundamentally change with Bitcoin’s bull case?
Our…
Read more on Benzinga
