Treasury Secretary Scott Bessent said the entire U.S. gold stockpile at Fort Knox and other federal vaults remains present and accounted for, pushing back on years of public doubt about America’s bullion reserves. Bessent Breaks Down the Vault Bessent commented during a Fox News interview, where he walked through the history of U.S. currency backing […]
Coinbase Head of Platform Rob Witoff says 95% to 100% of the exchange’s code is now written by or with artificial intelligence (AI), with agents doing the work of roughly 1,200 employees. The figure has more than doubled from 40% in February. Pointing Toward a Scary but Imminent Reality Witoff detailed the shift in […]
Top traders on Hyperliquid are running some of the most aggressive bitcoin long positioning ever recorded by Glassnode, exceeding levels seen during the last run toward $83,000. A New Record Onchain analytics firm Glassnode revealed on Wednesday that leveraged traders on the decentralized exchange ( DEX) have built exposure that now exceeds anything the firm […]
Economist Peter Schiff admitted he regrets not buying bitcoin early but predicted the next wave of regret will belong to holders who fail to sell above $60,000. The warning landed as bitcoin reclaimed $65,000 earlier today. A Familiar Refrain The gold advocate and longtime bitcoin critic said recently that people’s regret (including his own) over […]
Individual investors hold 66.1% of bitcoin’s total supply, dwarfing the 7.8% held by businesses and the 7.2% sitting in funds and exchange-traded funds (ETFs), according to asset manager Bitwise. Retail Still Owns This Market The breakdown, shared Monday by Bitwise and circulated by crypto media, is based on public wallet data, onchain analysis and disclosures […]
Binance.US chief executive Stephen Gregory says the exchange is back in growth mode after a two-year “hibernation” brought on by the regulatory storm around the wider Binance brand. From Hibernation to Growth Mode Gregory laid out the plan for the firm’s comeback bid in a recent interview. Binance.US once held roughly 20% of American crypto […]
Crypto’s appetite for high-stakes bets was on full display Monday as shares of Eric Trump’s American Bitcoin collapsed 95% from their peak, erasing more than $600 million from his stake. Simultaneously, two traders squared off onchain with $107 million in opposing leveraged ether positions. A 95% Collapse in the Trump Family’s Mining Bet American Bitcoin […]