Key Takeaways CZ says bitcoin could overtake gold by the next bull run, with the valuation gap near 10x. Bitcoin’s gold correlation rose to 0.57 as its Nasdaq-100 link fell, strengthening the digital-gold case. Sovereign reserve adoption could determine whether bitcoin closes the gap with gold. CZ Calls Bitcoin Better Than Gold as Market Gap…
Polymarket’s core platform took the biggest hit, with monthly volume plunging from $7.89 billion to $4.59 billion. Polymarket’s monthly trading volume fell to $8.41 billion in August, down about 35% from July’s $12.89 billion, as the post-World Cup rush that drove prediction markets earlier this summer faded. Rival Kalshi barely flinched, closing the month…
OpenAI said today that it has found an AI-generated solution to one of the biggest problems in mathematics—a 200-year-old equation that describes the natural behavior of fluids like water and air. The announcement appears to demonstrate the stunning power for AI to advance mathematics. But it has been marred by claims from another mathematician, Tristan…
CoinCorner has launched a Bitcoin custody service for UK customers that charges a 1.5% annual fee and uses keys held separately by CoinCorner and AnchorWatch. Summary CoinCorner and AnchorWatch each control a key, preventing either company from moving customers’ Bitcoin alone. Lloyd’s of London underwriters cover key loss and unauthorized access involving Bitcoin held in…
Google Cloud and Accenture are working together on a joint unit dedicated to sending engineers into enterprises to help them better adopt Google’s AI tools and services. The new unit, dubbed Accenture Gemini Enterprise Business Group, is Google’s latest foray into the increasingly competitive world of “forward-deployed engineers,” or FDEs. Rivals in the AI race,…
Key Takeaways Liquid Network got hit for nearly 4,000 BTC, but the white hats sent 3,400 BTC back on Monday. Bitcoin’s blockchain got pretty noisy after the Sept. 6 exploit, with dust messages, meme coin shills and scams piling in. Blockstream is still talking with the hackers, while 598.49 BTC remains in the hacker’s hands….
Ethereum has entered a consolidation phase after a sharp recovery from the $1.5K area. The cryptocurrency is now trading slightly below $2.5K, holding relatively firm despite repeated tests of the upper end of its recent range. Meanwhile, exchange reserves continue to decline, pointing to a potentially constructive supply-side backdrop. Ethereum Price Analysis: The Daily Chart…
Anthropic’s trip to Wall Street may take a few weeks longer than investors expected. The Claude maker is now expected to publicly file its IPO prospectus in late September rather than as early as this week, according to people familiar with the matter cited by Reuters. Marketing for the offering could begin in mid-October at…
Disclosure: This content is provided by a third party. Neither crypto.news nor the author of this article endorses any product mentioned on this page. Users should conduct their own research before taking any action related to the company. XRP derivatives experienced a rare 10,535% liquidation imbalance during the Labor Day period, a time typically characterized…
SAVE $29.99: As of Sep. 8, get the Shark ChillPill for $120 at Amazon, down from its usual price of $149.99. That’s a discount of 20%. $120 at Amazon $149.99 Save $29.99 We may be in the final throes of summer, but the heat still has us in its clutches. If even the thought…
