Bitcoin eyes its highest levels in six weeks as weak US jobs data drives crypto and risk assets higher, with shutdown dips now “buy opportunities.” Key points: Bitcoin is trying to break $118,000 for the first time since mid-August. US labor market weakness drives crypto and risk assets higher despite the US government shutdown. Read more
Venezuela turns to USDT as hyperinflation bites, with merchants pegging prices to Binance P2P dollar rates. With inflation at 229%, daily prices in Venezuela are set in USDT “Binance dollars,” usually at live P2P rates. Three dollar rates exist (official, parallel and P2P), but merchants mostly follow the P2P quote. The government tolerates dollar-backed crypto in exchanges, though it hasn’t legalized dollarization. Read more
Stop reacting, start predicting: How AI spots whale moves that can make or break the market before anyone else notices. AI can process massive onchain data sets instantly, flagging transactions that surpass predefined thresholds. Connecting to a blockchain API allows real-time monitoring of high-value transactions to create a personalized whale feed. Clustering algorithms group wallets by behavioral patterns, highlighting accumulation, distribution or exchange activity. Read more