Author: James Wilson

Bitfinex analysts said Bitcoin buyers with purchases in the last month were the hardest hit during recent crypto market selloffs. Bitcoin (BTC) shed 13.5% of its value in the past 30 days and has dropped over 29% from its all-time high set in January, the biggest correction of the current bull cycle, according to the Bitfinex Alpha Report released on March 17.  Past cycles witnessed similar drawdowns ranging from 30% to 50%. However, some expected a different outcome this time due to new institutional adoption through spot BTC exchange-traded funds on Wall Street. U.S. spot BTC ETFs recorded a blitz…

The U.S. Securities and Exchange Commission is considering rolling back a proposed rule that would impose stricter custody requirements for investment advisors handling cryptocurrencies.  Acting SEC Chair Mark Uyeda announced the potential reversal during an industry conference in San Diego on Monday, citing concerns over the rule’s broad scope and compliance challenges, according to Reuters reporting.  The custody rule, proposed in February 2023 under the Biden administration, would require registered investment advisors to store crypto assets with a qualified custodian while meeting additional safeguards.  Uyeda acknowledged that public feedback raised significant objections, prompting the agency to explore alternative approaches. ETF…

The SUI price surged temporarily to $3 following news that the Layer-1 token would be included in plans with Trump’s World Liberty Finance to create a strategic reserve. The announcement resulted in a sudden surge and then a slight pullback, which has left SUI in the green even as the rest of the market suffered from a flood of red candles. Other than SUI, the Infinaeon presale has been one of the few other projects posting gains. This resilience in the face of market volatility highlights the project’s strong fundamentals and the appeal of its unique deflationary value proposition. The…

Remember the time two years back when AI chatbots were the hot new thing? Well, forget that—the future belongs to AI agents. These clever systems do way more than chat; they’re changing how businesses handle complex tasks, serve customers, and boost efficiency. Today’s AI agents can make decisions independently, streamline workflows, and blend seamlessly into your operations. From helping customers to automating sales and organizing knowledge, these digital workers are reshaping business technology relationships. Let’s dive into the best AI agents out there, what they offer, what they cost, and how to pick the right one for your needs. What…

Ethena Labs and Securitize have announced the launch of Converge, a blockchain designed to support decentralized finance and tokenized assets. The network will cater to both retail and institutional investors, offering standard DeFi applications alongside financial products that comply with institutional requirements. Converge is built on Ethereum’s Virtual Machine, allowing existing Ethereum (ETH)-based applications and smart contracts to function without modification. Ethena (ENA) plans to move its DeFi ecosystem, which holds nearly $6 billion in assets, onto Converge.  Securitize, which specializes in tokenizing real-world assets, will use the blockchain to issue and manage digital securities. Tokenized assets are digital representations…

Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only. As Pi Coin investors saw significant returns, now Lightchain AI is emerging as the next penny crypto poised for a breakout. Pi Coin investors won big — now eyes are on this penny crypto before it takes off. Lightchain AI, with over $17.3 million raised at a presale price of $0.006, is quickly gaining traction in the crypto space. Its combination of AI and blockchain technology positions it for growth, much like Pi Coin’s rapid rise. As the market…

Pepe coin price held steady on Monday as centralized exchange outflows rose after forming several bullish patterns.  Pepe (PEPE) rose to $0.000070, up by about 35% from its lowest level this year, giving it a market cap of $2.9 billion.  Data from Nansen shows that many investors are moving their tokens from exchanges to self-custody. Tokens held on exchanges dropped to 240.15 trillion, down 1.21% from last week. Increased exchange outflows are generally seen as a positive sign since they suggest that investors are holding onto their coins rather than selling. Exchange outflows often slow during a strong downward trend…

Changpeng Zhao echoed a growing sentiment among analysts, urging AI projects to take payments in existing tokens and only launch their own if they achieve significant scale. In his recent post on X, Changpeng Zhao expressed an “unpopular opinion,” stating that not every AI agent needs its own token as agents can collect payments in existing tokens for their services. “Launch a coin only if you have scale. Focus on utility, not tokens,” he said. https://twitter.com/cz_binance/status/1901542080649781487 According to CoinMarketCap, the total market cap of AI & Big data tokens has declined by approximately 22% in the past 30 days, currently…

Canary Capital has added layer-1 blockchain token Sui to its list of potential ETFs. Canary Capital reportedly filed documents with the U.S. Securities and Exchange Commission (SEC) to list and trade shares for a spot exchange-traded product tracking layer-1 cryptocurrency Sui. (SUI). The S-1 filing, also called registration of securities, came after Canary registered a Sui trust in Delaware on March 7 ahead of formal paperwork submitted to the SEC. A potential spot SUI ETF expands the firm’s existing basket of bids for crypto products on Wall Street. Canaray Capital also filed for Dogecoin (DOGE), Litecoin (LTC), Solana (SOL), and…

Key Takeaways A European Central Bank (ECB) official has warned that the US’ growing support for cryptocurrency and non-bank finance could trigger a global financial crisis. As the US embraces crypto-friendly policies, Europe remains cautious, emphasizing stricter regulations to mitigate risks associated with digital assets. Europe’s Concerns Over US Crypto Policies A European Central Bank (ECB) official has raised serious concerns about the potential risks posed by the United States’ pro-crypto stance. In a recent interview, ECB Governing Council member Francois Villeroy de Galhau warned that the US’ encouragement of crypto assets and non-bank financial services could lead to future…