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DIGIT INFO – Page 164 – Bookmarking Crypto Insights

Bitcoin Slips to $74,530 as Long Traders Face $106M Wipeout

Bitcoin trended downward on Wednesday, dropping beneath the $75,000 threshold to trade at $74,570 at the time of writing. This slide erased nearly 3% of its weekly value and dragged its market capitalization back below $1.5 trillion. Onchain Metrics Signal Fading Momentum For the second consecutive day, bitcoin trended downward, slipping below the $75,000 threshold … Read more

Whale Shorts $16M in Bitcoin and Ether While Going Long on TradFi on Hyperliquid

Onchain data has flagged a smart money whale running heavily leveraged short positions on bitcoin and ether simultaneously with long positions on traditional financial (TradFi) market indexes through Hyperliquid. Long TradFi, Short Crypto: The Trade in Detail The wallet holds a $5.09 million long position on the XYZ100 index perpetual at 4x leverage, currently sitting … Read more

Falcon Finance And Anchorage Launch fUSD As Regulated Stablecoin Aims To Redefine Institutional Yield Access Under GENIUS Act

Falcon Finance is poised to be part of the next generation of the development of stable coins by introducing $fUSD, which is a compliant dollar-backed coin intended only for institutional purposes according to the GENIUS Act model. This initiative takes place amid an already highly crowded market of more than $320 billion worth of circulating … Read more

Robinhood Launches AI Agent Trading for 27 Million Customers, Options and Crypto Next

Robinhood launched a beta product on Wednesday that lets users connect third-party artificial intelligence (AI) agents to dedicated brokerage accounts for autonomous stock trading. Robinhood AI Trading Beta Lets Users Deploy ChatGPT and Claude in Sandboxed Accounts The feature, called Agentic Trading, allows users to link AI systems built on platforms like Claude or ChatGPT … Read more

Mastercard Lands New York Bitlicense to Advance Stablecoin and Digital Payment Infrastructure

Mastercard Transaction Services (U.S.) LLC received a Virtual Currency License from the New York State Department of Financial Services on Wednesday, giving the global payments company formal standing to operate digital asset services in one of the most tightly regulated financial jurisdictions in the country. Mastercard Wins NYDFS Bitlicense, Opening New York Digital Asset Access … Read more

Sam Altman Reverses Course on AI Job Losses as Studies Show Limited Impact so Far

After years of warning that AI would wipe out entry-level white-collar roles, OpenAI CEO Sam Altman now says he was wrong on the near-term jobs impact. Recent studies from Yale Budget Lab, Brookings, and Anthropic find limited labor effects so far, even as Altman calls out “AI washing” by companies using automation as cover for … Read more

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