Bitcoin is facing resistance just above $70,000, but the bulls have kept up the pressure, increasing the possibility of a rally to $74,508. Key points: Bitcoin is facing selling above $70,000, but a shallow pullback increases the likelihood of a rally to $74,508. Select major altcoins are showing strength and may break above their overhead resistance levels. Read more
STRC’s average daily volume implies buying power for about 1,940 BTC per day, more than four times the amount of new Bitcoin mined. Michael Saylor’s Strategy (MSTR) may reach the 1 million Bitcoin (BTC) milestone faster than expected, potentially overtaking BlackRock in total holdings. Key takeaways: STRC share sales have generated cash to acquire over 3,500 BTC so far this week. Read more
Bitcoin price reacted positively as US CPI inflation conformed to market expectations, as traders stayed in wait-and-see mode. Bitcoin (BTC) broke back above $70,000 around Wednesday’s Wall Street open as US inflation data soothed anxious markets. Key points: Bitcoin bounces around a narrow range as US inflation data offers a modest tailwind. Read more
SlowMist introduced a layered security framework for Web3 AI agents as autonomous tools handle more onchain actions and digital assets. Cybersecurity company SlowMist has introduced a five-layer security framework for AI and Web3 agents, pitching it as a way to reduce the growing risks that come with autonomous systems handling onchain actions and digital assets. In a Wednesday blog post, the company said the framework centers on a user’s AI agents and combines governance controls through its AI Development Security Solution, or ADSS, with execution-layer tools including OpenClaw, MistEye Skill, MistTrack Skill and MistAgent. The company said the system is designed to create a closed-loop process of checks before execution, constraints during execution and review afterward. SlowMist’s so-called “digital fortress” aims to defend against risks including prompt injection, supply chain poisoning attacks, data leaks and asset loss due to unauthorized operations or AI agent behavior exploits. It also seeks to reduc...