Crypto faces ‘existential’ token problem as supply outpaces value creation
A surge in token supply is diluting returns and breaking the link between fundamentals and price, raising concerns about crypto’s long-term model.
A surge in token supply is diluting returns and breaking the link between fundamentals and price, raising concerns about crypto’s long-term model.
AI firm Anthropic forms an employee-funded PAC while facing questions over political balance and a growing dispute with the Pentagon over AI use.
Drift Protocol said, with “medium-high confidence,” that the recent attack was carried out by the same actors responsible for the $58 million Radiant Capital hack in October 2024.
<p style="float:right; margin:0 0 10px 15px; width:240px;"><img src="https://images.cointelegraph.com/images/528_aHR0cHM6Ly9zMy5jb2ludGVsZWdyYXBoLmNvbS91cGxvYWRzLzIwMjYtMDIvMDE5YzY3NTEtMTZhZC03OTY4LWI5YWUtNjkzMzI5MzlkODBkLmpwZw==.jpg" alt="Bitcoin bearish social chatter reaches 5-week high: Santiment" class="type:primaryImage"></p><p>Santiment said bearish Bitcoin comments on social media have climbed to a five-week high, which could signal a reversal sooner rather than later.</p>
<p style="float:right; margin:0 0 10px 15px; width:240px;"><img src="https://images.cointelegraph.com/images/528_aHR0cHM6Ly9zMy5jb2ludGVsZWdyYXBoLmNvbS91cGxvYWRzLzIwMjYtMDQvMDE5ZDU5ZTYtYThiNS03YjQxLTgxNzktOTM4ZDcyZjJlYTk4LmpwZw==.jpg" alt="Telegram founder Pavel Durov says Iranian government's ban backfired" class="type:primaryImage"></p><p>Thousands of software developers are currently developing virtual private networks to circumvent state control of the internet, Durov said.</p>
<p style="float:right; margin:0 0 10px 15px; width:240px;"><img src="https://images.cointelegraph.com/images/528_aHR0cHM6Ly9zMy5jb2ludGVsZWdyYXBoLmNvbS91cGxvYWRzLzIwMjYtMDQvMDE5ZDU5ODYtNzEyNS03Yjk4LWJjMWYtMmY3MTZlN2MzYzAzLmpwZw==.jpg" alt="Jimmy Song explains why Bitcoin needs a 'conservative' node client" class="type:primaryImage"></p><p>The Bitcoin advocate is the co-founder of ProductionReady, a non-profit initiative to fund open source development of BTC software and education.</p>
Stress in private credit makes the relative stability of major U.S. banks look increasingly attractive.
Suspending taxes may win votes — but the math doesn’t add up for drivers.
Between tax season and early sell-in-May activity, investors shouldn’t count on an April rally.
<p style="float:right; margin:0 0 10px 15px; width:240px;"><img src="https://images.cointelegraph.com/images/528_aHR0cHM6Ly9zMy5jb2ludGVsZWdyYXBoLmNvbS91cGxvYWRzLzIwMjUtMTIvMDE5YjBkZmYtNmQyOC03ZGM4LWFmOGQtNjdhODhkOWM1ZmM5.jpg" alt="Nevada judge extends ban on Kalshi, rejects event contract defense" class="type:primaryImage"></p><p>The judge said Kalshi’s event contracts are indistinguishable from sports betting, supporting the state’s position that the platform requires a gaming license.</p>
<p style="float:right; margin:0 0 10px 15px; width:240px;"><img src="https://images.cointelegraph.com/images/528_aHR0cHM6Ly9zMy5jb2ludGVsZWdyYXBoLmNvbS91cGxvYWRzLzIwMjYtMDEvMDE5YmJhNjgtYWExNC03Mzc2LTk1ZjEtMzhiOGEyYTE1ODRjLmpwZw==.jpg" alt="Prediction markets are testing legal limits in strict Asian markets" class="type:primaryImage"></p><p>Prediction markets are expanding into Asia’s largest economies, but unclear legal definitions and strict gambling laws may limit how far they can go.</p>
Gold suffered its biggest monthly drop in nearly 13 years and some central banks have shifted from being buyers to sellers — but that actually proves the precious metal can be more valuable to investors than it’s ever been.
<p style="float:right; margin:0 0 10px 15px; width:240px;"><img src="https://images.cointelegraph.com/images/528_aHR0cHM6Ly9zMy5jb2ludGVsZWdyYXBoLmNvbS91cGxvYWRzLzIwMjUtMTIvMDE5YjQ3MDUtMGE4OC03NmE4LThiY2ItNmQwMDI4MTk4NmVkLmpwZw==.jpg" alt="Bitcoin shorts risk $2.5 billion liquidation at $72K: Are bears in danger?" class="type:primaryImage"></p><p>Bitcoin is poised for a reversal if ETF demand returns or a ceasefire occurs, potentially crushing short sellers in a massive price squeeze.</p>
The forward-deployed engineer is the big hope of software companies and job seekers. The role’s inventors say many of them are missing the point.
“If history is a guide, this is precisely the time you want to be selling memory-exposed names,” market technician says.
“My husband has a pension, but I worry that if he passes before me, I could be left with nothing.”
Polymarket cited “integrity standards” for removing the market but did not specify which rule was broken, drawing scrutiny from users who questioned how its policies are applied.
Bitcoin whales and sharks have locked in $30.9 billion in BTC losses this year, resembling the 2022 bear market, as onchain data points to continued downside risk.
The $500 billion valuation would put Tether ahead of every US bank except JPMorgan Chase, surpassing Bank of America and placing it among the world’s largest financial firms.
<p style="float:right; margin:0 0 10px 15px; width:240px;"><img src="https://images.cointelegraph.com/images/528_aHR0cHM6Ly9zMy5jb2ludGVsZWdyYXBoLmNvbS91cGxvYWRzLzIwMjYtMDQvMDE5ZDU3MDktZDkyNS03OGIwLThkZGYtMzgxOGZjMjc0NjliLmpwZw==.jpg" alt="Bitcoin’s ‘no direction’ action may lead to heavier breakout: Analyst" class="type:primaryImage"></p><p>The longer Bitcoin's price stays flat, the bigger the move up could eventually be, according to a crypto analyst.</p>