Investor who called for AI pivot in 2023 says bitcoin is going to $57,000
Jason Calacanis wants investors to sell bitcoin and back artificial intelligence. He is also holding TAO, the cryptocurrency behind AI network Bittensor.
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Jason Calacanis wants investors to sell bitcoin and back artificial intelligence. He is also holding TAO, the cryptocurrency behind AI network Bittensor.
Declining wallet numbers offer a possible contrarian signal, not confirmation that Bitcoin has reached its low.
The federally supervised bank will manage RLUSD's reserves and offer custody, as banking groups fight crypto charters in court.
CoinDCX confirmed a loss of roughly $16 million USDT three days after its CEO, Sumit Gupta, disputed reports of a new wallet breach, calling them a false alarm. It had acknowledged unspecified operational losses from a failed sweeping process on the afternoon of Oct. 22, so the reversal came in two steps, and the full… Read the full story on CryptoSlate Understand the crypto stories that matter and what to watch next. Get The Catalyst in your inbox
Sean Bowe says ZCG has enough money to keep funding projects and wants its share of new ZEC redirected to a reserve for the network. Zcash co-founder Sean Bowe proposed ending the automatic funding stream to Zcash Community Grants (ZCG), saying its treasury was large enough to continue funding projects without further automatic payments. “ZCG has over $125M in funding, and will receive millions more before the spigot is turned off,” Bowe said Tuesday on X. “The program was never designed to handle this amount of funding.” Bowe shared a draft GitHub proposal that would redirect ZCG’s 8% share of the Zcash (ZEC) block subsidy to the network’s sustainability reserve, while leaving its existing funds untouched.
Galaxy argues improving price trends, resilient ETF demand and rising U.S. debt support bitcoin’s recovery towards its previous high.
Bloom pledged to reimburse nine traders after $953,000 was drained from 48 wallets, saying no private keys were accessed or compromised. Hackers stole nearly $1 million from wallets linked to Telegram trading bot Bloom in under two minutes, according to blockchain analytics company Bitquery. The attack drained $953,000 in 94 seconds from 48 cryptocurrency wallets belonging to nine traders who had used the bot, Bitquery reported Monday. Bitquery said each drain was a Solana (SOL) transfer signed with the affected wallet’s private key.
Few altcoins have managed to post gains over the past day, including XRP, ZEC, and HYPE.
A Zcash policy group wants the SEC’s proposed fundraising regime to protect unrelated wallet activity without concealing material holdings or conflicts. Read the full story on CryptoSlate Understand the crypto stories that matter and what to watch next. Get The Catalyst in your inbox
Osmosis Crypto rallies after OSMO ends inflation, reducing token dilution and shifting staking rewards toward protocol revenue.
As default insurance on several AI-linked firms hits record costs, companies must show they can finance investment, service the debt and eventually mint cash, JPMorgan says.
BitMine's staked ether finally moved, to 5,227,037 tokens, after sitting at exactly 5,067,309 in every weekly filing since August 9.
The exchange is delisting 22 crypto assets for Brazilian users and hopes talks with the central bank will allow it to restore some services. Binance has applied for a cryptocurrency service provider license in Brazil, seeking to maintain its operations in one of Latin America’s largest crypto markets ahead of a regulatory deadline on Friday, Oct. 30. The exchange submitted its application to the Central Bank of Brazil on Friday, Oct. 23, through its local entity, BBrasil, according to a statement shared with Cointelegraph. The company said the filing would allow Brazilian users to continue accessing crypto assets, stablecoin trading, payments and investment services.
Bitcoin faces a second red October, but Galaxy says the bear market is over as it holds above its 50-week moving average.
Researchers must now permanently burn 1 SOL for every submission after a monthlong contest drew 809 reports, with AI believed to have helped generate or write nearly all of them.
Ripple's new federally supervised bank is designed to manage the reserves behind RLUSD and act as collateral trustee for token holders.
US spot Bitcoin ETFs remained in the red for October, with about $202 million in net outflows for the month despite Monday’s rebound. US-listed spot Bitcoin exchange-traded funds (ETFs) returned to net inflows on Monday despite weakening market sentiment and continued volatility in BTC price. The funds attracted $110 million in net inflows on Monday, bouncing back from $774 million in withdrawals over the previous two trading sessions, according to SoSoValue. Despite the rebound, October remained negative, with approximately $202 million in net outflows through Monday.
Developers initially rejected the change before reversing course, as testing delays gave them more time to examine a flaw in Ethereum's upcoming Glamsterdam upgrade.
XRP could be gearing up for a huge rally as Ripple secures final bank approval and Swell 2026 brings fresh catalysts back.
Sean Bowe’s proposal would send the committee’s 8% share of newly created ZEC to a reserve for future miners. The committee would keep the money it has already received.