With temporary bans of prediction markets poised to take effect in Massachusetts and Nevada, Polymarket is asking a federal court to intervene.
As is the case with most Super Bowl commercials, Coinbase's latest spot was met with a mix of adoration and derision.
OpenAI started testing ads in ChatGPT on Monday, hours after Anthropic's Super Bowl commercials mocked the idea. The $8 billion loss explains why.
Ripple is working to make decentralized finance more familiar to regulated institutions and is placing XRP at the center of that effort. DeFi’s earlier growth cycles were built around open, retail-facing liquidity pools and the associated risk tolerance. Total value locked across major protocols climbed into the tens of billions of dollars and, at previous […]
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OpenAI begins testing ads in ChatGPT for Free and Go users in the US, aligning with its strategy to expand access and fund infrastructure.
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XRP has returned to focus as recent price weakness coincides with a noticeable shift in on-chain behavior. The token is currently trading in a very tight range, with both volume and volatility compressing significantly. At the same time, on-chain data indicates that a growing number of market participants are selling XRP at a loss. This …
Dan Romero and Varun Srinivasan have both exited crypto social media to focus on global payments via stablecoins.
Bitcoin and several major altcoins are not out of the woods yet, especially since they continue to face significant selling near their range highs. Do technical charts show BTC and altcoins forming a bottom?
Wall Street–style liquidity is reportedly moving into prediction markets, signaling a shift toward deeper markets, higher volumes and greater institutional participation.
Thomas Kaplan says golds drop is temporary and expects prices to soar past $5.6K, citing fiat risks and global debt as drivers.
The post Billionaire Thomas Kaplan predicts new highs for gold as it reclaims $5K appeared first on Crypto Briefing.
Thomas Kaplan says golds drop is temporary and expects prices to soar past $5.6K, citing fiat risks and global debt as drivers.
The post Billionaire Thomas Kaplan predicts new highs for gold as it reclaims $5K appeared first on Crypto Briefing.
The following article is adapted from The Block’s newsletter, The Daily, which comes out on weekday afternoons.
Big players in crypto appear ready to buy up smaller projects, and the shakeup could speed up now that prices have cooled. Related Reading: After Predicting XRP’s Drop, Analyst Says The Bottom May Be In According to Bullish CEO Tom Farley, the same consolidation that reshaped traditional exchanges is likely to play out across digital-asset firms, with acquisitions replacing a long run of stand-alone hopefuls. Farley says overblown price tags kept many weak businesses afloat longer than they should have, and that reality is finally catching up. Bigger Crypto Firms Eye Smaller Players Farley, who led the New York Stock Exchange (NYSE) until 2018, said during an interview on CNBC on Friday that many teams mistook products for businesses — a distinction he argues is costly. Companies with modest or stalled revenue were being talked about as if they were ready for blockbuster buyouts. That story, he added, ends when confidence in inflated valuations fades and buyers demand scale and repeatable income. Mergers will pick winners. Some teams will be swallowed; others will vanish. Valuations And VC Discipline Reports say venture capitalists have already tightened their grips. Eva Oberholzer, chief investment officer at Ajna Capital, said last September that VCs are far more selective now, shifting toward projects with steady revenue and clearer business models. That change in funding behavior has left many early-stage plays without the runway they once enjoyed. The money that once chased ideas now chases proof. Bitcoin Price Action Bitcoin’s swings are part of why buyers are cautious. Based on real-time data, BTC has been trading in the $68k-$70k lately, well off the October peak above $126,000. Daily moves of multiple thousands of dollars are common, and traders are jittery as broader markets wobble. Reports note that the recent volatility followed heavy losses across risk assets and a spike in hedging activity, which made short-term momentum hard to read. Related Reading: Breathe… XRP Is The ‘Oxygen’ Of The New Financial System, CEO Says What That Means For Teams And Workers When companies merge, duplication often follows. Engineers, product leads, and support staff may find roles cut as overlapping systems are folded together. Some projects will be integrated and given new life inside larger platforms; others will be wound down. For holders and small investors, the change can be abrupt. Buyers will prize clear revenue lines and strong custody, not dreams of a future payout. Featured image from AFP/Getty Images, chart from TradingView
The chief executive of Ripple has reaffirmed the company’s commitment to the XRP ecosystem, saying the “XRP family has and always will be top of mind for Ripple,” a message that comes as the token struggles to regain upward momentum following recent market volatility. Glad to see the message is (finally, even more) clear! XRP …
Alphabet is raising $15B via bonds after unveiling a $185B AI capex plan, with Wall Street demand exceeding $100B.
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A CTDG Dev Hub participant introduces an adapter layer for RGB to facilitate seamless integration with wallet SDKs.
Blockchain payments company Ripple is expanding its institutional digital asset custody services through new partnerships designed to strengthen security infrastructure and broaden staking capabilities for large financial clients. The company announced collaborations with cybersecurity provider Securosys and staking infrastructure firm Figment, moves aimed at helping banks, asset managers, and regulated institutions deploy digital asset custody …
Bitcoin price more than doubled the last time Tether's crypto market dominance topped out, a signal that is flashing again in 2026.
A quarter of the Backpack's utility token will be released to points holders and Mad Lad NFT investors during the token generation event.
Solana price saw a sharp pullback at the start of the month, with the price sliding to a low near $67.48. Since then, the recovery has looked fragile. After losing an important support zone, SOL has moved into a weaker position, allowing sellers to regain control. Buyers tried to steady the price during the consolidation …
Bitmine adds 40K ETH during Ethereums crash, defends $10B crypto treasury despite $7.3B in paper losses and market turmoil.
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"What we are experiencing is the weakest bitcoin bear case in its history," wrote Bernstein's Gautam Chhugani.
The research analysts pointed to tight liquidity and macro pressure as drivers of the decline, while noting that spot Bitcoin ETFs have seen relatively modest outflows.
Jump Trading is reportedly poised to gain a stake in the two largest prediction markets, Kalshi and Polymarket.
Tom Lee–backed BitMine added over 40,000 ETH during last week’s market sell-off, doubling down on its Ether treasury strategy despite multibillion-dollar unrealized losses.
Backpack's strategy may set a precedent for aligning crypto projects with traditional financial markets, potentially influencing future IPOs.
The post Backpack to airdrop 25% of tokens at TGE as team eyes US IPO appeared first on Crypto Briefing.
Ross Gerber, a renowned Tesla investor and Co-founder of Gerber Kawasaki Wealth and Investment Management, has identified the primary reason Bitcoin (BTC) fell below $70,000. The CEO has attributed the decline in the leading cryptocurrency and the broader market to the rise of scam tokens and shit coins in the space. The Truth Behind Bitcoin’s Crash Below $70,000 The Bitcoin price dropped below $70,000 last week, sparking fear and uncertainty across the market. As the world’s largest cryptocurrency crashed, other major digital assets followed, fueling the broader market decline. In his X post on February 7, Gerber has shared insights into the factors driving Bitcoin’s recent downturn. Related Reading: 5 Red Months In A Row: What’s Going On With Bitcoin And The Crypto Market? According to him, the market is currently being undermined by a surge in scam tokens, citing meme-based cryptocurrencies such as the TRUMP coin. He explained that bad actors are increasingly entering the space, launching low-quality or fake tokens with little to no utility or real value while generating hype and FOMO. When investors buy these tokens, they often suffer losses from rug pulls, sudden crashes, or other fraudulent schemes. Based on Gerber’s report, scam tokens have not only eroded crypto investors’ confidence and discouraged market participation, but have also diverted capital that could have flowed into legitimate cryptocurrencies like Bitcoin. The Gerber Kawasaki CEO also highlighted that another key factor behind Bitcoin’s continued decline is the absence of new market catalysts. He suggested that the market is largely driven by the same underlying factors, with only minor fluctuations from short-term moves by bag holders. In 2024, Bitcoin experienced sharp gains following the launch of Spot Bitcoin ETFs. Additional momentum came from catalysts like an increase in institutional demand. Recently, this demand has been declining. Spot Bitcoin ETFs continue to record massive outflows, macroeconomic conditions remain uncertain, and Bitcoin continues to face strong sell-offs and volatility. Gerber also agrees that Bitcoin’s current downturn is exacerbated by selling pressure from leveraged traders, whose forced liquidations trigger a chain reaction that pushes prices lower. Related Reading: Here’s Why The Bitcoin, Ethereum, And Dogecoin Prices Are Still Crashing Today Despite the negative trend, Gerber frames the situation as an opportunity for long-term investors. He noted that the decline in Bitcoin’s price allows seasoned players to buy the cryptocurrency at discounted “panic-level” prices, positioning these investors for potential gains once market conditions stabilize. Analysts Predict Bitcoin Price Dump To $42,000 After Bitcoin’s brief decline below $70,000, analysts warn that further weakness may be imminent. Crypto expert Chiefy has forecasted that the Bitcoin price is preparing for another massive dump to $42,000 as early as next week. With its price currently trading above $69,800, this would reflect a more than 40% crash. Chiefy notes that BTC’s slight recovery a few days ago was the final bull trap of this cycle and cautioned that things are about to get much worse. He urged investors and traders to prepare for a real bear market. Featured image from Pngtree, chart from Tradingview.com
Bitcoin saw the first brief period of positive Coinbase Premium since mid-January as BTC price action stabilized near $70,000.
Jump Trading's stake acquisitions in prediction markets may accelerate the integration of traditional finance with blockchain-based platforms.
The post Jump Trading to acquire stakes in Kalshi and Polymarket appeared first on Crypto Briefing.
Ethereum L2 MegaETH goes live with its mainnet and launches Rabbithole, an all-in-one ecosystem explorer for apps, swaps, and metrics.
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