Coinbase’s x402 Transactions Rise 10,000% in a Month

An online payments protocol introduced by Coinbase in May that enables AI agents to transact in stablecoins over the internet has seen more than a 10,000% increase in transaction activity over a last month. At the time, Coinbase said x402 fixes “the internet’s first mistake” by resurrecting the Internet Communication Protocol’s Hypertext Transfer Protocol 402…

Don’t Just Tokenize Assets, Build The Institutions To Back Them

Opinion by: Alex Zhang, co-founder at Pharos Tokenizing real-world assets (RWAs) is not a self-contained solution to traditional finance problems. To claim such a thing would be one-dimensional. As it stands, RWA tokenization is under immense pressure to perform despite showing clear value and signs of progress.  Despite its progressive trajectory, the criticism leveled at…

Bitcoin Valuation Indicator Hints at a ‘Cyclical Bottom’: New Analysis

Key takeaways: Bitcoin’s MVRV ratio dropping below its 365-day average signals a local bottom, historically preceding big price rallies. Capital rotation from gold could fuel the Bitcoin rebound, according to analysts.  Bitcoin (BTC) may be poised for a sustained recovery in the coming weeks, as a key valuation metric sends a bullish signal. The BTC…

Smaller Bitcoin Miners Rise, Ferrari’s Crypto Push

Today in crypto, competition in the Bitcoin mining industry is intensifying, with smaller miners gaining ground on their larger rivals in realized hashrate. Meanwhile, Ferrari is deepening its crypto push with a new digital token for its top clients and Rumble has teamed up with Tether to add Bitcoin tips for content creators. Smaller Bitcoin…

Trump Names SEC Crypto Task Force Head Selig as Next Nominee to Run U.S. CFTC

President Donald Trump has named his new choice to lead the U.S. Commodity Futures Trading Commission, formally backing Securities and Exchange Commission lawyer Mike Selig after jettisoning his one-time pick of former CFTC Commissioner Brian Quintenz. The near-term leadership of the Commodity Futures Trading Commission could be a weighty matter for the crypto industry as…

ISM Data Hints Bitcoin Cycle Could Last Longer Than Usual

The Institute for Supply Management’s (ISM) Manufacturing Purchasing Managers’ Index (PMI) has historically aligned with major peaks in Bitcoin’s market cycles — a pattern that, if repeated, could imply a longer-than-usual cycle this time around. The correlation between the ISM PMI and Bitcoin’s (BTC) price was first popularized by Real Vision’s Raoul Pal and has…

Bitcoin Miners Face New Hash Wars After 2024 Halving

The Bitcoin mining industry is becoming increasingly competitive, with so-called tier-2 operators closing the gap on established leaders in realized hashrate — a sign of a more level playing field following the 2024 halving. According to The Miner Mag, companies such as Cipher Mining, Bitdeer and HIVE Digital have rapidly expanded their realized hashrate after…

Crypto Treasury Firms Syphoned $800B Retail Capital From Altcoins

Despite growing expectations of an imminent altcoin season, industry insiders are pointing to capital flowing back into Bitcoin and corporate cryptocurrency treasuries, raising doubts about the traditional crypto market cycle. Corporate digital assets treasuries (DATs) have drained about $800 billion worth of retail investor capital from the altcoin market, according to crypto market intelligence company…

Don’t Just Tokenize Assets, Build The Institutions To Back Them

Opinion by: Alex Zhang, co-founder at Pharos Tokenizing real-world assets (RWAs) is not a self-contained solution to traditional finance problems. To claim such a thing would be one-dimensional. As it stands, RWA tokenization is under immense pressure to perform despite showing clear value and signs of progress.  Despite its progressive trajectory, the criticism leveled at…

XRP Price Eyes 35% Rally After Ripple’s ‘Internet Of Value’ Endorsement

Key Takeaways: XRP (XRP) flashes signs of a potential 35% breakout as bullish technicals align with fresh fundamentals, including Ripple CEO Brad Garlinghouse’s renewed push for the blockchain company’s “internet of value” vision. XRP price held a key support level XRP’s price chart technicals indicate that it has bounced from the lower trendline of its…