Analysis
Adoption
Bitcoin and gold are becoming increasingly correlated in conservative investment strategies
Market trends suggest that investors are turning to gold and Bitcoin as a hedge against uncertain global conditions.
Crypto
Bitcoin slides almost 9% to $63,150 after setting new ATH
Bitcoin has given up most of the gains accumulated since the start of the week.
Trading
MicroStrategy launches $600 million notes offering to fuel Bitcoin acquisition as stock surges
MicroStrategy is looking to raise $600 million to buy more Bitcoin for its $13 billion stack after its stock surged 23% on March 4.
AI
Anthropic releases next generation of Claude, claims it is ‘superior’ to GPT-4
Anthropic said the new suite of its GenAI models beat the benchmark results produced by GPT-4 and Gemini 1.0 Ultra.
AI
India mandates tech firms to seek regulatory approval before launching AI tools
The move comes after Google's Gemini chat bot generated unfavorable remarks about the current Indian Prime Minister Narendra Modi.
Price Watch
Bitcoin consolidating above $62k as bull market indicators start flashing
On-chain data shows the stability is a result of strong investor confidence, evidenced by over 1 million addresses accumulating over 671,000 BTC.
Adoption
Consensys CEO believes decentralization will lead to a ‘generational paradigm shift’
Lubin believes that this shift will result in a "super cycle" for the crypto industry as monetary systems evolve and wealth is transferred to the younger generations.
Crypto
StanChart exec predicts $200K Bitcoin by 2025-end as demand continues to outpace supply
Kendrick believes that several catalysts will drive demand for Bitcoin to unprecedented levels, resulting in a sustained two-year rally.
Regulation
Hungary issues draft law allowing banks to offer crypto services
The bill aims to establish a comprehensive regulatory framework for digital assets.
Crypto
TradFi starting to relent on Bitcoin ETF access amid intense demand from clients
Bank of America's Merrill Lynch and Wells Fargo's brokerage division have begun offering clients the option to invest in spot Bitcoin ETFs.
Crypto
El Salvador and pro-Bitcoin businesses reaping rewards after years of skepticism
El Salvador and companies that chose to buy Bitcoin with reserves are having the last laugh as BTC approaches all-time highs before halving.
Legal
Gemini agrees to return $1.1 billion to Earn customers as part of NYDFS settlement
Gemini has also agreed to pay a $38 million fine and to contribute $40 million towards the Genesis bankruptcy proceedings.