Author: admin

Chainlink (LINK) is trading lower this week as sellers regain control. The price has slipped to around $12 at press time, following a 7% drop in the past 24 hours. Meanwhile, the focus now turns to whether it can stabilize or if the path lower toward $8 is now open. Breakdown Signals Weakness in Structure LINK lost support at the $15 level recently. That level marked the 0.618 Fibonacci retracement zone, often used to gauge trend strength. Since breaking below it, the price action has turned more bearish. LINK is now hovering below the former ascending channel that guided its…

In brief Rockstar Games co-founder Dan Houser warned that AI models scraping AI-generated data could trigger a creative breakdown in games. He warned that training AI on synthetic data would produce models that “mirror themselves” and degrade over time as original human work becomes harder to find. Houser said he “couldn’t see how the information gets better” as studios adopt tools built on increasingly self-referential datasets. Rockstar Games co-founder Dan Houser—one of the key figures who helped propel the popular Grand Theft Auto franchise—delivered a stark warning about the direction of generative AI in video games, arguing that models trained…

Vanguard, one of the world’s largest asset managers with roughly $11 trillion in assets under management, will begin allowing customers to trade cryptocurrency ETFs and mutual funds on its brokerage platform starting Tuesday, according to Bloomberg.”Cryptocurrency ETFs and mutual funds have been tested through periods of market volatility, performing as designed while maintaining liquidity,” Andrew Kadjeski, Vanguard’s head of brokerage and investments, told Bloomberg. “The administrative processes to service these types of funds have matured; and investor preferences continue to evolve.”Vanguard said it will support most crypto ETFs and mutual funds that meet regulatory standards, similar to how it treats…

A sudden drop in XRP balances across major crypto exchanges has led to speculations about how this might affect the cryptocurrency’s price action. The movement was highlighted by analyst Vincent Van Code, who explained that the transfers are not simply a sign of long-term holders scooping up supply.  Instead, he pointed to the expanding influence of newly launched Spot XRP ETFs, which are now absorbing a significant share of market activity that once took place on retail platforms. ETF Demand Is Pulling Liquidity Away From Exchanges Van Code noted that billions of XRP leaving Binance, Upbit, and Kraken are largely…

Two major economies are tightening control over digital currencies just as the US pushes to cement its leadership in the stablecoin sector. Israel is accelerating its digital shekel plans while China continues to expand the digital yuan. These moves signal a broader global shift toward sovereign digital money that could challenge the reach and influence of US dollar–based stablecoins.Sponsored Israel Tightens Rules, Advances Digital ShekelStablecoins have become a central pillar of the digital asset market, moving well beyond their early role as a trading convenience. The sector now processes more than $2 trillion in monthly volume and holds a market cap above…

DMND, a new mining pool built around Stratum V2 which began taking applicants for a soft private launch earlier this year, is now open for all miners to create accounts. Miners can register here to begin onboarding.  DMND’s full public launch comes after a successful SOC 2 Type 2 audit, proving compliance with security policies necessary for large scale miners.  “With our SOC 2 Type 2 compliance and streamlined business verification practices, the DMND pool is built for operators who value security, transparency, and professional-grade standards,” said DMND Co-Founder & CEO, Alejandro De La Torre. “Combined with miner-controlled block construction,…

Bitcoin BTC$87,305.44, ether ETH$2,850.81 and other major tokens slipped early Monday, extending a bruising November close amid fresh panic from DeFi platform Yearn Finance. BTC, the leading cryptocurrency by market value, fell over 3% to nearly $87,000 during the early Asian trading hours. Ethereum’s native token ETH fell 5% while SOL, DOGE, XRP fell over 4%, according to CoinDesk data. The sell-off accelerated hours after Yearn’s X alert flagged an “incident” in the yETH liquidity pool while mentioning that its V2 and V3 Vaults remain secure and unaffected.Social media chatter suggested that the attacker exploited a vulnerability to mint vast amounts…

Spot Bitcoin ETFs (exchange-traded funds) are one of the biggest narratives and have been a game-changer in the cryptocurrency space in the past two years. With these investment products, people get to participate in the cryptocurrency market without having to directly own the digital assets. Interestingly, one of the biggest winners—that often gets overlooked—has been the issuers, especially as the crypto industry has seen increased institutional adoption since the Bitcoin ETFs launched. According to the firm’s executive, the BTC exchange-traded funds becoming the major source of revenue for BlackRock, the world’s largest asset manager, was not envisioned. BlackRock’s Bitcoin Funds…

mNAV has become the go-to valuation shorthand for bitcoin treasury stocks — but a growing number of analysts are warning it oversimplifies the story.The rise of mNAV in bitcoin financeOver the past few years, a class of publicly traded companies has emerged whose primary value proposition is holding bitcoin on their balance sheets. These “bitcoin treasuries” — including firms like Strategy (MSTR), formerly known as MicroStrategy — have sparked debate among investors, especially when their stocks trade at levels disconnected from the value of the BTC they hold.The most common valuation yardstick is the multiple of net asset value (mNAV).…

The Cocoon decentralized AI network, a privacy-preserving distributed computing platform built on The Open Network (TON) — an independent layer-1 blockchain associated with the Telegram messaging application — went live on Sunday.Cocoon allows owners of graphics processing units (GPUs) to rent their computing power to the network, processing user queries and requests in return for Toncoin (TON), the native token of the TON blockchain. The decentralized AI network has processed its first requests from users, and GPU owners are already profiting from renting out their hardware, according to Telegram co-founder Pavel Durov. He said:“Centralized compute providers such as Amazon and Microsoft…