“Major countries have built complete valuation, reserve, and trading systems around gold, so a shift to Bitcoin will not happen overnight,” he said. Changpeng “CZ” Zhao made headlines earlier this week after stating Bitcoin (BTC) will reach $1 million, and that the climb will not take 25 years. “I think for Bitcoin to hit…
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NFT sales volume fell 44.70% to $63.33 million over the past seven days, even as the number of buyer and seller addresses increased sharply across the market. Summary NFT sales fell 44.70% to $63.33 million, while transactions declined 14.13% to 802,330. Buyer addresses rose 30.48% to 227,316, while seller addresses climbed 54.64% to 247,373. Ethereum…
Under the influence of psychedelics, the usual organization of the human brain loosens. That’s what scientists have generally thought, with several studies showing that when we take these substances, the signals pinging between our neurons become more diverse and unpredictable. This increased entropy in our gray matter may underlie the strange, random, and often memorable…
Key Takeaways Armstrong and CZ remain broadly bullish, but their forecasts often follow bitcoin’s price action. Long-term price calls offer entertainment value but little certainty in a highly unpredictable market. Treat exchange founders’ predictions as input for research, not as signals to buy, sell or hold. In general, Brian Armstrong, CEO of Coinbase, and Changpeng…
The total crypto market cap shed over $80 billion after the Jackson Hole speech by Kevin Warsh. Bitcoin’s price rally that drove it past $81,000 on a couple of occasions in the past week came to a halt after the hawkish stance by the new Fed Chair displayed yesterday, and the asset slipped to…
Lambda, an AI cloud company that buys computing chips and rents them out to businesses, has raised $1 billion in private, short-dated debt to buy Nvidia’s AI chips that it will lease to Microsoft, Bloomberg reports. The terms of the deal, which Bloomberg says was arranged by JP Morgan Chase, signal that Lambda is betting…
In this week’s edition of the weekly recap, Bitcoin returned to $80,000 after its strongest rally in more than three years, although traders struggled to push the price through $82,000. Federal Reserve Chair Kevin Warsh later pressured risk assets with a warning that interest rates could rise, while Bitwise’s Solana staking ETF became the first…
Mechanical Turk was built to supply the “human intelligence” computers could not provide. After 21 years, Amazon is shutting it down as that boundary becomes increasingly difficult to define. Amazon Web Services said Mechanical Turk will permanently close Sept. 30, 2026, giving workers and businesses a little more than a month to move away from…
Key Takeaways Investment scam losses surpassed $8 billion in 2025. AI helps fraudsters create convincing voices, videos, and ads. Fake crypto projects impersonate established businesses to lure investors. Investment Scam Losses Rise 38% Investment scams became the costliest fraud category tracked by the Federal Trade Commission in 2025, according to New York officials. The state’s…
