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Crypto

Wintermute says bitcoin bull market still in early stage; watch $82,000 and $72,000

Some investors who think they missed the entry point after bitcoin’s sharp rise may instead miss the early phase of a new bull cycle, U.Today reported. Market maker Wintermute said the current move is a pause before the next leg higher, citing stock-market fatigue and a rotation of funds into bitcoin and ether. It flagged $82,000 and $72,000 as key levels and said the U.S. CPI on Sept. 11 is a major variable.

Crypto

Grayscale says AI adoption will boost demand for public blockchains, cites three demand drivers

Grayscale has forecast that wider adoption of AI will increase demand for public blockchains. Grayscale Research head Zach Pandl (잭 팬들) said AI and public blockchains are complementary, with blockchain able to meet AI-specific needs that existing systems struggle to handle. He cited three areas where demand could rise: financial transactions and payments, verification of computation, identity and reputation records, and decentralised AI infrastructure.

Crypto

Uber early investor says sell half of bitcoin and buy Solana, Bittensor. Why?

Angel investor Jason Calacanis, known as an early Uber investor, argued that bitcoin holders should sell part of their holdings and move funds into other coins such as Solana and Bittensor (TAO). He said he would advise his brother to sell half of his bitcoin and invest the proceeds in projects delivering new products. His comments contrast with his past stance of keeping distance from Solana, while he has also criticised Strategy and Michael Saylor.