A new installment of Chain of Thought, the Brownstone Research newsletter written by Ben Lilly, argues that the battle over open-source artificial intelligence is following the same path Bitcoin walked a decade ago, and that investors who recognize the pattern stand to profit. The note opens with testimony that Anthropic CEO Dario Amodei gave to
Bitcoin miners hold the MPI below zero at -0.94 while active holders nurse a 20% average loss, and one CryptoQuant resistance line keeps capping every bounce. The number has barely moved in weeks. Minus 0.94, roughly, which is where the Miners’ Position Index has parked itself while Bitcoin churns near $63,000. CryptoQuant carried the reading
The market has largely remained in a higher timeframe downtrend despite lower timeframe moves over the past couple of weeks being confined to a narrow range between $65,000–$70,000 before a breakdown. This is the same pattern that has been repeated since October, when we registered the Bitcoin All-Time High (ATH) before the sharp sell off
MetaMask has launched Money Account, a self-custody savings and spending product built on the Monad blockchain that pays users up to 4% variable annual percentage yield on stablecoin balances. This is all while keeping those funds available to spend at Mastercard merchants or deploy into DeFi trading, all without leaving the app. Consensys, MetaMask’s parent
Barstool Sports founder Dave Portnoy said this week that he will hold his bitcoin BTC$62,662.18 all the way down to zero if necessary, while admitting his struggle with timing the market. “I’m holding. I’ll hold this thing down to zero,” Portnoy told FOX Business’ Stuart Varney on Varney & Co. “I know if I sell
Bitcoin price climbed above $60,000 on Wednesday, a level the asset had ceded during the last couple weeks of turbulence, after Federal Reserve Chair Kevin Warsh told a central bank forum that the threat of persistent inflation had moderated. The cryptocurrency traded near $60,171 this afternoon, a gain of about 2.7% on the day, with
Robinhood Crypto launched Earn using Morpho to simplify DeFi yield for eligible users. Morpho powers Robinhood’s Layer 2 lending with curated institutional lending vaults. Morpho expands institutional reach with over $11B managed and major fintech partnerships. Robinhood Crypto has launched its new Earn product using Morpho’s decentralized lending infrastructure, marking another step toward broader institutional
Bitfinex Securities is ushering in a new era of accessibility and efficiency by giving investors visibility of their securities in their primary Bitfinex trading account. This simplifies how participants engage with tokenised capital markets on Bitfinex, removing the administrative hurdle of having separate sub-accounts. This change aligns with Bitfinex Securities’ mission to democratise access to
In crypto news today (July 3), Bitcoin has surged back above $60,000, up +2.7% over the past 24 hours as the market continues to show signs of life. Daily liquidations dropped slightly from yesterday, down from $448M to $413M, with shorts still making up the bulk of that figure at $283M. The upturn across the
NYLIM was the latest entrant to the list of asset management giants making moves in tokenization, teaming up with Centrifuge (CFG) to bring one of its high-yield corporate bond strategies onchain. For NYLIM, tokenization is less about launching blockchain versions of existing funds than improving how portfolios are assembled. Sy said customized investment strategies often
