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In brief Stablecoin behemoth Tether donated $250,000 to OpenSats this week, prompting Jack Dorsey to criticize the amount of the gift. Dorsey highlighted his own $21 million donation and drew mixed reactions from the Bitcoin community. Udi Wertheimer later called out Dorsey over his investment in Ocean, a Bitcoin mining pool that has attracted controversy. Sometimes it can be easier to say nothing at all. This week, stablecoin giant Tether announced a $250,000 donation to OpenSats to support Bitcoin developers—only for one of the world’s best-known programmers (and Bitcoin maximalists) to publicly chastise the size of the gift. Twitter co-founder and Square…
Key takeaways:Gold’s ongoing pullback could trigger Bitcoin’s rebound, according to multiple analysts.Rallying to $150,000–$165,000 by year’s end is still possible, based on technical analysis.Bitcoin (BTC) is showing signs of bottoming out as the rally by its analog rival, gold (XAU), is starting to look increasingly overextended. Bitcoin hints at “generational bottom” as gold dipsGold’s rally appears to have stalled after hitting an all-time high of around $4,380 per ounce on Friday, given it has dropped 2.90% ever since. Still, the precious metal was up by over 62.25% year-to-date.XAU/USD daily chart. Source: TradingViewIts daily relative strength index (RSI) readings have been…
A recent 10X Research report has estimated that retail investors lost about $17 billion due to their exposure to Bitcoin treasury companies.The losses reflect a broader decline in investor enthusiasm for Digital Asset Treasury Companies (DATCOs). Firms such as MicroStrategy and Metaplanet have seen their stocks tumble in tandem with Bitcoin’s recent price slump.Sponsored Bitcoin Treasury Firms Wiped Out $17 Billion in Retail WealthAccording to the report, many investors turned to these DATCOs to gain indirect exposure to Bitcoin. These firms typically issue shares at a premium to their underlying Bitcoin holdings, using the raised capital to buy more BTC.…
Investors should exercise “discernment” when considering privately-issued stablecoins, which carry all the risks of a central bank digital currency (CBDC) plus their own unique risks, according to Jeremy Kranz, founder and managing partner of venture capital firm Sentinel Global.Kranz called privately-issued stablecoins “central business digital currency,” which feature all of the surveillance, backdoors, programmability, and controls as CBDCs. He told Cointelegraph:“Central business digital currency is really not necessarily that different. So, if JP Morgan issued a dollar stablecoin and controlled it through the Patriot Act, or whatever else comes out in the future, they can freeze your money and unbank…
BTC and ETH fell again on Friday amid global tensions and macroeconomic uncertainty.The cryptocurrency market fell again on Friday, extending a four-day losing streak as investors grappled with rising geopolitical tensions, trade uncertainties, and the ongoing U.S. government shutdown.Bitcoin (BTC) is trading at $106,400, down 2% on the day, while Ethereum (ETH) is hovering around $3,830, down 3.2% in the same timeframe.BTC ChartJohn Glover, Chief Investment Officer at Ledn and former MD at Barclays, said he believes the current bull run in Bitcoin has ended. “I firmly believe that we have finished the five-wave move higher, and we will now…
In brief Circuit breakers prevent panic selling on Wall Street, but some experts feel they are impractical, and potentially dangerous, in decentralized finance. DeFi protocols will always be open, even if “front ends” implement restrictions, Amanda Tuminelli of the DeFi Education Fund said. They could cause price dislocations to become worse, Gregory Xethalis of Multicoin Capital said. Cryptocurrency prices plummeted last Friday as cascading liquidations fueled historic volatility, yet some experts are saying that Wall Street’s old-school safety net wouldn’t have helped.In the U.S., venues like the Nasdaq and New York Stock Exchange have used circuit breakers to promote orderly…
In brief Human visits to Wikipedia fell 8% year-over-year, with Wikipedia attributing it to people visiting AI summaries instead of consulting Wikipedia. AI summaries and search engines now answer questions outright, with nearly 60% of Google queries ending in on-page responses powered by Wikipedia content. Publishers call the trend “existential,” accusing tech platforms of using their work without compensation. >>>> gd2md-html alert: inline image link in generated source and store images to your server. NOTE: Images in exported zip file from Google Docs may not appear in the same order as they do in your doc. Please check the images!—–>The…
Singapore, Singapore, October 18th, 2025, Chainwire Singapore, Singapore, 17 October 2025 — Ryder, the company behind the easiest to use crypto hardware wallet, Ryder One, that gives users crypto security in 60 seconds or less, announces the close of a $3.2M seed funding round, led by Tim Draper, Founder of Draper Associates. Other participants include venture capital firms Borderless, Semantic, Smape, VeryEarly, as well as angel investors Anatoly Yakovenko, Co-founder of Solana, and Joe McCann, CEO of Asymmetric. The funding will be used to ramp up production, scale the marketing and engineering teams, and further develop Ryder’s flagship product: Ryder…
AI-focused Web3 entertainment and infrastructure firm Astra Nova has raised $48.3 million to grow its suite of tokenized content tools and creator platforms.The funding includes $41.6 million from a recent strategic round and builds on earlier investments led by Outlier Ventures as well as family offices and institutional investors in Saudi Arabia, the United Arab Emirates, and Bahrain, according to an announcement shared with CoinDesk.The company develops tools that allow creators to launch blockchain-based entertainment experiences without needing technical skills.TokenPlay AI, its flagship product, acts as a no-code launchpad for mini-apps. Powered by Alibaba Cloud, it enables token-based communities to spin…
Jimmy Donaldson, the 27-year-old creator behind MrBeast —the YouTube channel with more than 446 million subscribers— has filed a trademark application to create a banking platform. The project would also include crypto payments.The move marks MrBeast’s shift from entertainment to blockchain-driven financial services. If successful, it could establish him as the first influencer to launch a mainstream banking brand in the United States.Sponsored SponsoredMrBeast Eyes Crypto BankingMrBeast has officially entered the crypto market after filing a trademark to open his own investment services platform.According to a filing from the United States Patent and Trademark Office (USPTO), the creator applied to…

