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The head of the fourth-largest crypto exchange by daily trading volume also said he believes bitcoin’s four-year cycle is no longer a thing.
Ripple (XLM), up 4.2% from Wednesday, was also among the top performers.
Bitcoin miner Cango has closed a $10.5 million equity investment and secured an additional $65 million in commitments as it pivots toward AI.
The current market downswing could be driven by institutional investors exiting positions, as crypto still presents too much risk for them.
Leaders from Citrea, Rootstock Labs and BlockSpaceForce argued that bitcoin’s scaling layers are less about throughput and more about turning the asset into a programmable financial base layer.
Onchain data shows nearly 49,000 BTC moved from miner wallets in two days, but public disclosures suggest the transfers do not reflect broad capitulation.
Ella Zhang of YZi Labs says her firm invests in founders building what doesn’t yet exist, guided by first principles and long-term conviction across AI, biotech and Web3.
Something big is happening with AI. And Coinbase is betting on it becoming much bigger...
The ABA urged the OCC to confirm that resolution tools are sufficient for uninsured crypto banks before approving further charters.
The US National Credit Union Administration proposed a federal licensing regime for payment stablecoin issuers operating through credit union subsidiaries.
Lightning Labs has open-sourced a suite of tools that allow AI agents to run Lightning nodes and make payments.
Altcoins are posting gains as the crypto market cap ticks up—but experts warn structural trend reversal remains elusive.
