Artificial intelligence company Anthropic announced that its Claude platform can streamline COBOL code, a key profit center for IBM.
A $7.8 trillion cash pile sits in US money market funds, earning, rolling, waiting. The Federal Reserve began this easing cycle on Sept 18, 2024, and it's now been 522 days since that first cut. Looking at historical market movements, we're entering a window whereby funds have typically started to rotate back into riskier assets. […]
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Bitcoin’s long-term price outlook is a major talking point, with veteran trader Peter Brandt recently floating a bold timeline for when the leading cryptocurrency could hit $250,000. The comment came in response to a chart shared on X by NBA legend Scottie Pippen, who showed how Bitcoin’s current structure looks familiar. Brandt not only agreed with Pippen, he also attached a projection that points to a specific year for a when the Bitcoin price will eventually trade above $250,000. Power Law Projection Points To 2029 Breakout According to veteran financial analyst Peter Brandt, Bitcoin is on track to setting off to $250,000-plus by late 2029. He only noted this with a simple sentence, but the projection to $250,000 is visible in the weekly candlestick price chart he shared alongside his prediction. Related Reading: Don’t Fall For The Bitcoin Trap: Analyst Explains Why Recovery To $76,000 Is Not A Good Thing The chart shared by Brandt shows Bitcoin trading within a broad upward-sloping channel that has defined its macrostructure for over a decade. The lower boundary, highlighted in green, appears to act as a recurring support zone during major consolidations. The upper red band connects the different peaks over the years. The current structure is playing out in a way where Bitcoin has been trending downwards after a strong multi-year advance that peaked in late 2025. Brandt’s projection extends the channel forward into 2029, where the middle band of the channel intersects near the $250,000 price level. $250,000 is a recurring Bitcoin price target among crypto participants, although the predictions have different timelines as to when Bitcoin will reach this price level. For instance, Fundstrat’s Tom Lee is also of the notion that Bitcoin will trade at $250,000 soon, although this came with a warning. Analysts at Galaxy Digital have also floated the same target, although on a faster timeline around 2027. That projection, however, came with expectations of an unstable 2026 before any strong rally. Scottie Pippen’s 2020 Comparison Brandt’s forecast was triggered by Scottie Pippen’s post comparing Bitcoin’s current setup to its 2020 structure. In Pippen’s side-by-side chart comparison, the left panel shows Bitcoin’s CME Futures in mid-2020 forming a base before launching into the rally that culminated in the 2021 highs. Related Reading: Bitcoin Ready To Bounce Again? The Major Accumulation Trend You Should Be Aware Of The right panel, which shows current price action in 2026, depicts a similar consolidation pattern above a green support zone. The visual comparison suggests that Bitcoin is now in a comparable pre-breakout phase like it was in 2020. In 2020, Bitcoin consolidated for months before breaking into a parabolic move. As such, although the long-term view is bullish, there’s a high probability that Bitcoin will continue to consolidate around its current price level before going on an aggressive 2021-style rally. At the time of writing, Bitcoin is consolidating below $70,000. The leading cryptocurrency is currently trading at $66,150, having lost 1.8% of its value in the past 24 hours. Featured image from Pixabay, chart from Tradingview.com
Bitcoin’s weekly candle closed before a key moving average, breaking a 30-month trend and possibly signalling that new price lows are pending.
Autonomous AI agents are set to transform economic systems and redefine labor in the coming years.
The post Jansen Teng: AI agents will become autonomous economic actors, teleoperation can cut costs by 60%, and tokenization is key for robotics innovation | Unchained appeared first on Crypto Briefing.
Anthropic accuses DeepSeek, Moonshot and MiniMax of using fraudulent accounts to distill Claude capabilities across 16 million exchanges.
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OpenAI CEO Sam Altman went to India with a bold new defense of AI energy use: Humans are less efficient than data centers, when you really think about it.
PIPPIN price is beginning to show real signs of strength after successfully flipping a former resistance zone into solid support, a shift that often signals a continuation of bullish momentum. Over the past 24 hours, the token has climbed nearly 15% to $0.7232, clearly outperforming the broader market, including the Bitcoin price, which remains under …
Bitcoin and altcoins sold-off as US stock markets digested US President Donald Trump’s fresh 15% global tariff. Are new 2026 lows in store?
A recent technical breakdown shared by crypto analyst Trader Tardigrade added a notable outlook to the discussion of how fast Ethereum can enter into a bull run or if there’s more consolidation ahead. In his post on X, he compared Ethereum against the US Dollar Index and then consulted Perplexity AI for a data-backed explanation of the relationship. The result was a match of DXY peaks and Ethereum bottoms, pointing to a recurring inverse pattern that may now be coming back into play. Ethereum’s Volatility Tied To The Dollar Index The technical analysis from Trader Tardigrade focuses on the inverse relationship between Ethereum and the US Dollar Index (DXY). Ethereum’s monthly candlestick price chart shows that the price structure is layered against DXY movements, with four major phases where peaks in the dollar coincided with Ethereum cycle bottoms and the reverse dynamic played out as well. Related Reading: Dogecoin’s Third Time Breakout Could Send Price On 2,000% Rally To $2 A quick look at the chart shows that downtrends in the DXY have, more often than not, coincided with uptrends in the Ethereum price. According to explanations by Perplexity AI, ETH has one of the clearest inverse relationships to DXY in the crypto market, in some cases even more pronounced than Bitcoin. Whenever the dollar is strengthening, capital rotates to perceived safe assets, and risk assets such as Ethereum face selling pressure. On the other hand, when DXY weakens, liquidity conditions ease, and this encourages inflows into cryptocurrencies like Ethereum. According to the analyst, DXY has now broken down from long-term support and looks ready for further declines. The DXY is currently at 97.8 and weakening. That could spark a major rally in crypto in the coming weeks, especially ETH. Chart Image From X. Source: @TATrader_Alan On X AI Breakdown: How Much Of ETH’s Moves Does DXY Explain? In the AI-backed explanation, Perplexity pointed out that the inverse correlation between ETH and DXY can account for roughly 40% to 60% of Ethereum’s volatility, particularly during periods of changes in monetary policy. That figure is always more significant during rate hikes and news events, although there are lags of days to months depending on the catalyst. Related Reading: Mapping Out XRP’s Path To $1,200: Analyst Shares Insights The historical table referenced in the analysis linked specific DXY highs to ETH turning points. For example, during the March 2020 dollar spike, Ethereum bottomed before staging a multi-month rally as the DXY continued to fall to 89. Another alignment was observed in 2022 when the dollar topped at a multi-year high during a broader risk-asset capitulation phase. This, in turn, led to Ethereum creating a bear market low. If the current DXY breakdown extends, then it could begin to favor inflows into Ethereum again. The green projection arcs on the chart suggest that a sustained dollar decline may open the door to another expansion phase in ETH, where the price expands above $10,000. In order for Ethereum to rise above $3,000 again, there would need to be confirmation of sustained dollar weakness with improving on-chain and derivatives metrics. Featured image created with Dall.E, chart from Tradingview.com
Banks and credit unions on the Jack Henry Fintech Integration Network can add tokenized deposits, crypto lending and 24/7 payment rails through the partnership.
Bitcoin's weekend selloff led to about $100 billion in crypto market value losses during the reporting period and was triggered by a sudden burst of tariff policy uncertainty. Over the last 24 hours, BTC price had slipped below $65,000, pulling the broader crypto market down with it. The top digital asset had recovered above $66,000 […]
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On February 23, the Trump-backed decentralized finance (DeFi) protocol World Liberty Financial reported that hackers had infiltrated its ecosystem, specifically targeting its primary stablecoin, USD1. The coordinated attack comprised a three-pronged approach designed to depeg USD1 from the dollar, and profit from the same. Using co-founders’ hacked social accounts, hackers posted falsified information to manufacture …
The events platform embeds Bitcoin Lightning wallets into each event, allowing organizers to issue tickets and accept BTC alongside fiat payments.
The closure of SolanaFloor highlights the vulnerability of blockchain-based platforms to financial instability and security breaches.
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The following article is adapted from The Block’s newsletter, The Daily, which comes out on weekday afternoons.
The price of World Liberty Financial's token dipped about 7% early on Monday, later reported to be the result of a social media and short-seller attack.
The Board of Peace is exploring the creation of a stablecoin for Gaza, according to reporting from the Financial Times.
The initiative targets institutional demand across Asia-Pacific, offering DeFi tools, liquid staking, and execution services designed for traditional finance firms entering the crypto space.
A spokesperson for Laurore said the $436 million IBIT stake “reflects personal investment conviction,” as records link it to a mainland China passport holder.
World Libertys USD1 stablecoin briefly fell to $0.98 before recovering, as the firm blamed a coordinated social media and trading attack.
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Another prominent crypto firm has secured a bank charter from the OCC, with Crypto.com joining Circle, Ripple, and others.
IQMM's historic first-day launch underscores how traditional cash funds are adapting to compete in a stablecoin-driven landscape following the passage of the GENIUS Act.
Crypto has been nearly perfectly correlated with a key software sector ETF, and that gauge has tumbled another 5% Monday to a new 52-week low.
Binance.US's pursuit of deeper banking ties post-lawsuit could reshape US crypto regulation, fostering innovation while ensuring compliance.
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USD1 briefly fell to about $0.99707 on Monday morning, a drop that typically would not be considered a stablecoin depeg.
Panic is rising at $1.39, but the bigger picture hasn’t broken. XRP remains within a broader bullish structure, with price testing key support after a sharp correction. Unless critical levels fail, the setup still favors a larger upside rotation rather than a trend reversal. 69% Drop Sparks Panic Across The Market XRP has plunged 69%, sparking widespread panic across the market, but history suggests this may not be the first time such fear has marked a major turning point. The last time XRP experienced a similar deep correction, it eventually followed up with an explosive 835% rally, leaving traders wondering whether a comparable setup is forming again. Related Reading: XRP Maintains Macro Bullish Structure Despite Deeper Correction According to Crypto Patel, XRP is trading around $1.39 after breaking down from the key $2 support zone. Price is now retesting a higher-timeframe demand level that previously acted as the upper boundary of a multi-year accumulation range, placing the asset at a technically significant area. The token has already corrected 69% from its recent $3.66 high, forming what some analysts view as a classic breakout-and-retest structure. After surging 835% from its prior accumulation phase, XRP is now testing a critical support zone. On-chain data adds another layer to the narrative. Ripple just recorded its largest realized loss spike since November 2022, attracting $1.93 billion in weekly losses as holders capitulate, according to Santiment. Historically, periods of extreme capitulation have often coincided with local bottoms, raising the question of whether this sharp correction could ultimately set the stage for the next major move. Key XRP Bullish Accumulation Zone: $0.86–$0.66 Crypto Patel further outlined XRP’s current technical structure, highlighting a key bullish support zone between $0.86 and $0.66. Maintaining a price above $0.66 is critical for preserving the broader bullish outlook. This area represents a confluence of a multi-year breakout retest and a historical accumulation range, reinforcing it as a strong demand zone. Related Reading: Analyst Predicts XRP Price Will Reach $13 In 3 Months As Accumulation Ends The analyst emphasized that the combination of a major capitulation event and price testing a key higher-timeframe support level creates a high-probability reversal area. However, he made it clear that a weekly close below $0.66 would invalidate the bullish thesis and signal a structural breakdown. Looking at upside projections, Patel outlined a series of potential targets at $2, $3, $5, and ultimately $10+, suggesting the possibility of a near 10x move from the accumulation zone if the structure holds and momentum returns. In his view, XRP is currently trading within what he describes as a generational re-accumulation zone following a breakout retest. He noted that the recent $1.93 billion capitulation event often marks market bottoms, arguing that while weaker hands exit during panic, larger players may be quietly accumulating at these levels. Featured image from Getty Images, chart from Tradingview.com
The company’s native token, WLFI, also fell 7% around the same time that its stablecoin, USD1, briefly fell below a dollar peg.
XRP has formed a classic bearish pattern on its two-day chart, and if confirmed, a price drop to $0.80 could be in the cards over the next few weeks.
Bitdeer, the largest Bitcoin mining company by hashrate, wiped its BTC ledger clean this week. Its corporate Bitcoin treasury now shows 0 BTC as the company sold 189.8 newly mined BTC and pulled 943.1 BTC from reserves. A mining business usually carries Bitcoin like pressure in a pipe, some flows out as revenue, some stays […]
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