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CFTC Chair Selig said the IAC will help shape the watchdog's oversight of "breakthrough" technologies like AI and blockchain.
Elmin Redzepagic allegedly posed as a "cryptocurrency investor who earned high rates of return" to defraud his investors.
Microsoft researchers said some companies are hiding promotional instructions in "Summarize with AI" buttons, poisoning chatbot memories to influence future recommendations.
The Bitcoin price crash toward $60,000 has sparked debate across the crypto market, but recent analysis from BitQuant’s market experts explains why this move was inevitable and necessary. According to the firm, BTC’s sharp decline is not the result of widespread panic or manipulation but rather a natural development in its market structure. The firm explained that the recent local top, which exceeded $126,000, fell short of the expectations needed for healthy growth in the Bitcoin price. Early Top And Market Liquidation Disrupted Bitcoin Price Structure In a lengthy post on X, BitQuant reported that its local top for Bitcoin was initially set at $145,000, but this was never reached, leaving the cryptocurrency above $126,000 earlier in October 2025. According to the firm, this earlier-than-expected peak caused a structural failure that prevented the Bitcoin market from building a solid foundation for continued price gains. Related Reading: Popular Tesla Investor Shares The Major Problem After Bitcoin Fell Below $70,000 On October 10, during the devastating liquidation event, BitQuant noted that a technical issue at Binance had triggered a sudden drop in BTC, from approximately $120,000 to $105,000, adding volatility to its already fragile setup. While some may interpret this Binance issue as manipulation, the crypto company stressed that such events are common in markets, especially in Bitcoin markets. The firm also added that the liquidation and technical error were not significant enough to justify the entire downside that followed. BitQuant highlighted that the key point is that Bitcoin’s early price top disrupted its natural cycle of distribution and correction, which normally would have allowed its price to consolidate before attempting higher levels. Without a strong base, the market could not sustain strong bullish momentum, creating the bearish conditions that fueled BTC’s retracement toward the $60,000- $62,000 region. In a clean, structural scenario, the company stated that Bitcoin should have reached $145,000, distributed there, experienced a correction of about 25-30%, and then built a strong base before the next price expansion. New Structure Sets Stage For Future Expansion Although BitQuant has highlighted flaws in Bitcoin’s current market structure, the firm stated that the cryptocurrency has already established a new setup following its decline toward $60,000. The company noted that this updated price structure now supports a continuation toward BTC’s next expansion phase. Related Reading: Is Bitcoin A Better Investment Than Gold? Finance Expert Shares Deep Insights BitQuant further clarified that this is not the start of a new market cycle, but rather a continuation of the cycle that began around $16,000. The firm emphasized that the market’s performance and success in the coming months will depend on whether traders and investors view the next move as a new cycle or a progression of the current one. Although Bitcoin’s decline toward $60,000 shook the market, the cryptocurrency has since recovered slightly and is trading back above $67,000 at the time of writing. Featured image from Pixabay, chart from Tradingview.com
Coinbase’s fourth-quarter earnings missed Wall Street expectations, with the crypto exchange reporting its first net loss since the third quarter of 2023.
Bitcoin (BTC) resumed its downward trajectory on Thursday, falling toward $65,645 at the time of writing after once again failing to break through the major $70,000 resistance level. The pullback in the leading cryptocurrency has rippled across the broader digital asset market, with large-cap tokens, including Ethereum (ETH), XRP, and Solana (SOL), posting similar declines. US Recession Signals And Potential Shutdown Market expert Ash Crypto attributed the latest selloff to two primary forces: deteriorating US economic data and the rising likelihood of a federal government shutdown. Related Reading: Is Bitcoin Already Pricing A US Recession? Analyst Sees Major Risk‑Reward Setup In a post published on X, he pointed to a series of weak macroeconomic indicators that have raised fresh concerns about the strength of the American economy. US home sales declined by 8.4% last month, marking the sharpest drop in nearly four years. At the same time, initial jobless claims came in higher than expected, signaling potential softness in the labor market. Taken together, these developments suggest the economy may be losing momentum, increasing the risk of a recessionary environment. Compounding those concerns is the growing threat of a government shutdown. According to Ash, the probability of a shutdown occurring this week has surged to 96%. Such an event would likely weigh on both traditional financial markets and cryptocurrencies by tightening liquidity conditions. He argued that the US economy is entering a period of turbulence that is already affecting equities, Bitcoin, and the broader digital asset market. In his view, market weakness could persist until there is a positive catalyst, such as a new trade agreement announced by President Donald Trump or a liquidity injection. Bitcoin At Risk? Technical analyst Crypto Rover shared similar concerns, warning that the “biggest threat to markets” has returned. He described the potential government shutdown as a serious liquidity hazard for financial markets. An additional complicating factor is the recent increase in the US debt ceiling to $41.1 trillion. While raising the ceiling prevents an immediate default, it also gives lawmakers more room to prolong negotiations without instantly halting government functions. According to Rover, this flexibility paradoxically raises the risk of an extended shutdown because neither side faces immediate financial pressure to concede. Related Reading: UNI Rallies 10% As BlackRock Brings Treasury‑Backed BUIDL Token To Uniswap The analyst also pointed to weakening labor market conditions, slowing retail spending, and rising corporate bankruptcies as evidence that the economic backdrop is deteriorating. Ultimately, should a new shutdown materialize and persist for a longer period, the analyst warns that the liquidity drain could be significantly larger, intensifying pressure on both equities and cryptocurrencies like Bitcoin. Featured image from OpenArt, chart from TradingView.com
Bitcoin appears trapped within a capitulation zone where long-term holders continue to sell, and bearish onchain metrics tease further downside. Will $40,000 mark the final price bottom?
The Commodity Futures Trading Commission's new chief, Mike Selig, repurposed the agency's previous CEO innovation council, almost tripling its members.
Anthropic raises $30B at a $380B valuation in a Series G round led by GIC and Coatue, marking one of the largest venture deals ever.
The post Anthropic doubles valuation in five months to $380B with $30B raise appeared first on Crypto Briefing.
Traditional risk-weightings and models cannot account for crypto's high volatility or market behavior, according to a Federal Reserve paper.
An AI agent got nasty after its pull request got rejected. Can open-source development survive autonomous bot contributors?
DraftKings Predictions was offered last December in more states than its traditional sportsbook betting platform.
The dollar-backed token, USDCBL, will serve as collateral for onchain perps, with cash and Treasury reserves generating yield retained within the protocol.
Coinbase reports a $667M Q4 loss as revenue falls 20% year over year, missing expectations despite record 2025 trading volume.
The post Coinbase posts $667M Q4 loss as shares rebound 3% in after-hours trading appeared first on Crypto Briefing.
Coinbase’s institutional and subscription businesses helped cushion the impact of weaker retail trading in the fourth quarter.
XRP price’s structural positioning is back under the microscope after a well-known market analyst flagged a decisive inflection zone that could determine the asset’s next expansion leg. However, the call centers on whether price can decisively overcome a reclaimed barrier that previously acted as both a milestone and now a ceiling. $2.47 Rejection Defines XRP Price’s Immediate Battlefield The analyst’s thesis traces back to an earlier strategic entry identified near the $0.50 region. From that foundation, XRP advanced to meet the $2.47 target before extending beyond $3.30, producing an estimated +600% appreciation during that impulse phase. Current price behavior, however, reflects a shift in market character. The $2.47 level that once served as an upside objective has now transitioned into overhead resistance. The charts show price stalling beneath this horizontal barrier after a sharp rally, reinforcing it as a supply-dense zone. Related Reading: Is XRP Near a Turning Point? Oversold Readings Clash With Key $1.50 Resistance Reinforcing this view is XRP’s broader historical structure. A long-term chart shared by the analyst highlights a rounded macro base formed after an extended drawdown along a descending curved trendline. Multiple higher lows emerged across that base, signaling progressive demand absorption. A breakout from this compression zone triggered the vertical expansion that ultimately tested the $2.47 region. Now, price is consolidating above prior support shelves while compressing beneath resistance — a configuration more commonly associated with continuation setups than terminal tops. The analyst connects this compression to the early phase of an altcoin cycle rotation, emphasizing that XRP has historically outperformed during periods of sector-wide capital expansion. Alt-Season Tailwind Opens Path To $4.804, Then $15+ The analyst’s forward projection depends on one trigger: a confirmed move back above $2.47. His models indicate that turning this level into support would open the next measured leg, targeting $4.804. From the current positioning, that would mark a gain of more than +230%. Related Reading: Here’s Why The XRP Price Has Been In A Consistent Downtrend Since 2025 The projected path on the chart he posted follows a staircase expansion structure — breakout, consolidation, continuation — reflecting XRP’s prior cycle behavior. Horizontal markers above price show interim friction zones, but the trajectory assumes momentum will accelerate once the resistance supply is cleared. Beyond this mid-range objective sits a much larger macro outlook. On a broader view, the analyst points to historical symmetry between XRP’s previous cycle expansion and its current base formation. The scale of the completed accumulation, combined with the curvature of the long-term reversal, supports an extended projection placing $15+ within strategic range. This upper target is not framed as immediate but as a cycle-level radar point dependent on sustained alt-season liquidity, continued higher-low formations, and structural acceptance above reclaimed resistance zones. In execution terms, $2.47 acts as the gateway. Rejection keeps XRP range-bound; acceptance turns the structure into a continuation engine. If wider market conditions align with the analyst’s alt-season thesis, the charts suggest XRP’s expansion phase may remain incomplete — with $4.804 as the next operational milestone and $15+ positioned as the longer-horizon objective. Featured Image from Freepik, chart from Tradingview.com
Paul Atkins said the Wall Street cop already has “enough authority” to regulate at least a portion of the booming prediction market sector.
Bitcoin’s daily funding rate has been deeply negative for days, reflecting heavy short positioning, but historical data also suggests that a squeeze on bears could be brewing.
Quantum computing could threaten crypto security, urging urgent upgrades to protect digital assets.
The post Justin Drake: Quantum computing could break crypto keys in minutes, Ethereum aims for post-quantum security by 2029, and the race to secure blockchain against quantum threats | Unchained appeared first on Crypto Briefing.
The strong correlation between crypto and the software sector reasserted itself on Wednesday
Binance is pushing back against claims that it played a central role in the massive liquidation wave that swept through crypto markets on October 10, an event widely described as the largest in the industry’s history. In the aftermath of roughly $19 billion in wiped‑out positions, some market participants accused the exchange of manipulating prices for its own gain. Binance co‑CEO Richard Teng has now addressed those allegations directly, insisting the platform was not “the sole trigger” of the turmoil and that the selloff hit the entire digital asset ecosystem. Binance Co-CEO Breaks Down $19B Liquidation Event Speaking about the incident, Teng said the sharp downturn was not isolated to Binance. Both centralized and decentralized exchanges experienced comparable spikes in liquidations at the same time, he noted. According to him, intense selling pressure emerged across trading venues as volatility surged. Teng attributed the market shock to external forces rather than internal exchange activity. He pointed to a mix of macroeconomic and geopolitical developments, including new US tariffs on China and broader uncertainty in global financial markets. These factors, combined with highly leveraged positions across crypto derivatives markets, created what he described as a “classic leverage flush.” Related Reading: Is Bitcoin Already Pricing A US Recession? Analyst Sees Major Risk‑Reward Setup Teng drew comparisons to traditional markets, noting that US equities lost $1.5 trillion in value on the same day, with about $150 billion in liquidations occurring in equities alone. By contrast, the crypto market—significantly smaller in size—saw $19 billion in forced position closures, spread across all major exchanges. While acknowledging that many users suffered losses, Teng said Binance took steps to support affected customers, adding that other exchanges did not implement similar measures. He also stressed that there were no signs of abnormal mass withdrawals from Binance during the episode. According to the company, there were no indications of internal technical failures or systemic weaknesses. The price action, Teng argued, was driven by exogenous market forces rather than any exchange‑specific issue. SAFU Fund Hits $1 Billion In BTC Despite the volatility, Teng struck a cautiously optimistic tone about the broader trajectory of digital assets. He said institutional investors continue to allocate capital to the sector, describing their participation as evidence that “smart investors are putting money to work.” While retail demand has softened compared to last year, he said investment from institutions and corporations remains resilient. In his view, the long‑term development of the industry should be judged by its fundamentals rather than short‑term price swings. Related Reading: UNI Rallies 10% As BlackRock Brings Treasury‑Backed BUIDL Token To Uniswap Alongside its comments on the liquidation event, the exchange announced it has completed a previously outlined $1 billion Bitcoin purchase plan for its Secure Asset Fund for Users (SAFU). The exchange acquired 4,545 BTC worth approximately $304.58 million, bringing the reserve wallet’s total holdings to 15,000 BTC, currently valued at about $1.005 billion. Binance also stated that if the fund’s value falls below $800 million due to market declines or legal expenses, it will automatically replenish the balance back to $1 billion. At the time of writing, the exchange’s native token, BNB, is trading at $605. It has registered losses of 5% and 29% over the last seven and fourteen days, respectively. Featured image from OpenArt, chart from TradingView.com
Fiserv launches a 24/7/365 settlement platform for digital asset companies, aiming to reduce banking friction and improve liquidity in the US dollar.
Marc Zeller, ACI founder and prominent DAO advocate, argues Aave Labs' proposal is an attempt to cash out framed as a benevolent act.
Ethereum whales have continued to accumulate despite the current downtrend in the ETH price, providing a bullish outlook for the second-largest crypto by market cap. Notably, ETH withdrawals from exchanges recently reached their highest level since October last year, totaling over $400 million. Ethereum Whales Accelerate Withdrawals From Exchanges Crypto analyst Arab Chain noted in a CryptoQuant analysis that rising Ethereum withdrawals from exchanges have reached their highest level since October. The analyst noted that the exchange netflow data over the past few days indicates a clear acceleration in withdrawal activity. This signals a shift in Ethereum whales’ behavior as demand outpaces supply. Related Reading: Can Ethereum Price Still Hit $7,600 In 2026? Here Are The Odds Arab Chain revealed that across all exchanges, the net Ethereum outflows have exceeded 220,000 ETH, marking the highest level of withdrawals since October last year. This suggests that Ethereum whales are moving their coins to private wallets or long-term storage protocols, a move that the analyst noted is often associated with accumulation phases or risk-reduction behavior. Notably, daily net outflows on Binance reached nearly 158,000 ETH on February 5, the largest since August last year. Arab Chain stated that this confirms that a substantial portion of the recent outflows has been concentrated on the exchange with the deepest liquidity. From a price perspective, the analyst noted that the Ethereum whale accumulation coincided with ETH trading near the $1,800 to $2,000 range. Therefore, these Ethereum whales may see these levels as attractive zones for holding or repositioning amid this crypto market downtrend. Arab Chain added that the continued outflow of ETH from exchanges at this scale reduces immediate selling pressure and could provide near-term support for the ETH price, especially if the market gains momentum again. Ethereum Staking Hits New High According to Token Terminal, Ethereum staking has surpassed 30% of the total supply, marking a new all-time high (ATH) in terms of staking ratio. Market commentator The Milk Road noted that this means that 36.8 million ETH, around $72 billion, is now locked up, with almost 1 million validators securing the network. Related Reading: Ethereum Price Set To Break Out Against Bitcoin, But How High Can It Go? The Milk Road further described this development as a sign of conviction in the Ethereum ecosystem, noting that these whales are willing to lock up $74 billion during a market downtrend. Notably, the staking exit queue is around 4.1 million ETH, which the market commentator remarked is nothing compared to what is currently staked. Interestingly, it also takes about 72 days to stake ETH at the moment, with staking demand at a new high. Meanwhile, the Milk Road also noted that the obvious impact is a significant supply restriction, which is a bullish catalyst for the ETH price. At the time of writing, the Ethereum price is trading at around $1,965, down in the last 24 hours, according to data from CoinMarketCap. Featured image from Pixabay, chart from Tradingview.com
The move strengthens institutional support for 21Shares’ multibillion dollar digital asset investment platform and broadens its regulated staking capabilities.
The Bitcoin price is yet again facing significant upward pressure as the token has plunged below $66,000 from an intraday high of over $68,400. Observing the current trade dynamics, it appears that the star crypto is entering a high-tension phase as traders are now expecting the price to plunge. The short bets are increasing notably …
The super PAC is devoting $1.5 million to get Representative Al Green, a Democrat critical of the crypto industry, defeated by a primary challenger.
At a panel discussion at Consensus Hong Kong 2026 featuring Sharplink Gaming Chairman Joe Lubin and CEO Joseph Chalom, the two executives outlined how digital asset treasuries are evolving into a distinct institutional strategy.