Author: John Smith
Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only. AI-powered cloud mining platforms are simplifying crypto participation by automating resource management, optimization, and daily operations for users. Summary XRPPower launches an AI-powered cloud mining platform, simplifying crypto mining with automation and enhanced security. The platform has unveiled an AI-driven cloud mining services with automated management, security upgrades, and compliance focus. It has expanded its AI cloud mining platform, highlighting automation, governance, and multi-layer security for users. Over the past few years, cloud mining has undergone several technological iterations,…
Bitcoin is trading around 62,700 dollars, and Jurrien Timmer, Fidelity’s director of global macro, is watching it drift toward a line he has tracked for more than a decade. Summary Bitcoin is trading near Fidelity’s power law support zone, with the model’s lower boundary around 58,000 dollars. Jurrien Timmer views the area as an accumulation zone but is not calling a bottom without a clear catalyst. The power law support has aligned closely with major Bitcoin lows in 2015, 2018, and 2022. Bitcoin’s deviation from trend and its underperformance against gold now resemble prior cycle-bottom conditions. The main missing ingredient…
Metaplanet has officially launched Metaplanet Securities, turning its completed acquisition of Siiibo Securities into a regulated digital asset investment banking business built around Bitcoin-backed financial products. Summary Metaplanet has launched Metaplanet Securities after completing its acquisition of Siiibo Securities. The new regulated business will develop Bitcoin backed bonds and digital credit products under Project Nova. JPYC and Progmat are working with Metaplanet on a Bitcoin backed digital credit ecosystem for Japanese investors. According to Metaplanet, the new subsidiary succeeds the Tokyo-based brokerage acquired for JPY 2.1 billion, completing a transaction first announced in June. The company said the business will…
Bitcoin traded near $62,800 on Monday as investors prepared for a packed week of economic releases and geopolitical news. Summary Bitcoin faces inflation data, Iran tensions, retail reports and major bank earnings in coming days. Oil prices and rate expectations could decide whether Bitcoin holds $60,000 or retests resistance again. ETF inflows offer support, but traders still need a confirmed breakout above $65,000 soon. The largest cryptocurrency stayed above the $60,000 support area, even as Asian shares fell and oil prices rose. Bitcoin was down about 1.4% over 24 hours, while its seven-day change remained close to flat. That kept…
Ross Gerber has renewed his criticism of Strategy founder Michael Saylor, saying the company’s financing model is hurting Bitcoin. Summary Gerber says Strategy’s leveraged Bitcoin model creates selling pressure instead of lasting value for investors. Strategy sold Bitcoin to fund dividends, weakening Saylor’s long-standing image as a permanent corporate holder. Supporters argue limited sales show balance-sheet flexibility while Strategy remains Bitcoin’s largest public corporate holder. The chief executive of Gerber Kawasaki made the claim after Saylor posted an AI-generated video titled “The Right to Bear Arms.” Gerber replied that Saylor was “destroying Bitcoin,” but he did not provide data showing…
Japanese convenience store operator Lawson will test payments with the yen-denominated JPYC stablecoin in early August. Summary Lawson will connect JPYC payments directly to its POS system during a single-store Tokyo trial. Customers will scan mobile wallet barcodes, while HashPort updates balances using verified checkout transaction data. Japan’s megabanks are also preparing yen stablecoins, widening competition across regulated digital payment networks nationwide. The company will run the trial at its Takanawa Gateway City store in Tokyo’s Minato Ward. HashPort, a digital asset wallet provider, will support the payment system and process balance changes linked to purchases. Lawson described the project…
Coinbase Chief Policy Officer Faryar Shirzad has rejected claims that the CLARITY Act would weaken U.S. national security. In a July 11 post on X, he said unclear crypto rules give bad actors room to operate outside firm regulatory boundaries. Shirzad argued that the bill would move more digital asset activity into a federal compliance system rather than leave it under fragmented oversight. Summary Shirzad says CLARITY Act applies bank-style AML rules and gives Treasury stronger enforcement tools nationwide. Warren warns current language could preserve crypto loopholes that foreign actors use for sanctions evasion. Senate negotiators target a merged draft…
BlackRock’s USD Institutional Digital Liquidity Fund, known as BUIDL, has passed $900 million in assets on Avalanche. The figure rose from about $464 million within seven days, adding roughly $436 million and marking a 105% weekly increase.Wu Blockchain cited current RWA.xyz data when reporting the move on July 12. Summary BlackRock’s BUIDL assets on Avalanche doubled within one week, passing the $900 million mark today. Avalanche now holds the second-largest BUIDL allocation behind Ethereum, according to the latest RWA.xyz data. BUIDL’s total value reached about $2.87 billion as tokenized Treasury demand continued growing across blockchains. RWA.xyz’s BUIDL dashboard places the…
The Cambridge Centre for Alternative Finance has estimated Ethereum’s annual electricity consumption at 7.87 gigawatt-hours. That equals a continuous power demand of about 0.90 megawatts. The study places Ethereum near the lower end of energy intensity among major proof-of-stake blockchains when researchers adjust electricity use for market value. Cambridge also estimated annual emissions of about 2.37 kilotonnes of carbon dioxide equivalent. Summary Ethereum ranks second-lowest in market-value-adjusted energy intensity among the major proof-of-stake networks Cambridge studied globally. Cambridge measured 8,522 nodes and calculated electricity demand of roughly 105 watts per node. The Merge cut Ethereum’s power demand by over 99.9%,…
Strategy Executive Chairman Michael Saylor has renewed speculation about the company’s next Bitcoin transaction. In a July 12 post, he shared Strategy’s familiar acquisition chart and wrote, “Orange dots tell only part of the story.” The chart marks past Bitcoin purchases, but the message did not say whether Strategy had bought, sold, or taken no action during the latest reporting period. Summary Saylor’s orange-dot post leaves Strategy’s next Bitcoin move unclear after last week’s major corporate sale. Strategy sold 3,588 BTC for $216 million, funding preferred dividends and rebuilding its dollar reserve. MSTR remains bearish near support, while weak momentum…
