The biggest winners from the rotation have been memory and semiconductor stocks. Memory-chip maker Sandisk (SNDK) has surged roughly 800% this year and the Global X Artificial Intelligence & Technology ETF, which focuses on memory-related companies (DRAM), is up about 140%. In microprocessors, Micron Technology (MU) has gained about 230% this year, and the VanEck…
Blockchain infrastructure firm Alchemy said AI agents with its AgentCard now have access to the Visa (V) network with complete identity and payment capabilities, enabling them to make online purchases on behalf of consumers. The integration allows AgentCard, a virtual ID and spending card for AI agents, to access Visa Intelligent Commerce to book a…
The punishments of Alexander Mashinsky, the imprisoned former chief of Celsius until its high-profile collapse, continue with a formal banishment from any ability to seek business with the U.S. Commodity Futures Trading Commission or the trading it oversees. The derivatives regulator didn’t pile any new fines onto Mashinsky, who previously pleaded guilty to accusations he…
Google, for example, has warned organizations to begin preparing for the transition to post-quantum cryptography and has been integrating quantum-safe cryptographic standards into parts of its infrastructure with a 2029 completion target. The U.S. National Institute of Standards and Technology (NIST) has been leading efforts to standardize post-quantum algorithms and has set timelines for the…
These standards, according to the rule proposal, “must include reasonable procedures for: (1) verifying the identity of any person seeking to open an account to the extent reasonable and practicable; (2) maintaining records of the information used to verify a person’s identity, including name, address, and other identifying information; and (3) determining whether the person…
The Ethereum Foundation’s (EF) co-executive director Hsiao-Wei Wang shared that she has stepped down from her role leading the organization effective immediately, in a post shared on X on Thursday. Wang reached the decision after a recent sabbatical, which gave her time to reflect on her priorities and future plans. “I’ve come to feel that…
The win rate of a cycle-aware approach is lower than buy-and-hold, winning not by being right more often, but by avoiding the months when bitcoin loses 20%, 30%, or 40%. Those months cluster, and stepping aside during them is not timing the market; it is about reading the cyclical structure of the asset. We have…
CoinDesk Indices presents its daily market update, highlighting the performance of leaders and laggards in the CoinDesk 20 Index. The CoinDesk 20 is currently trading at 1750.15, down 0.9% (-15.97) since 4 p.m. ET on Wednesday. Three of 20 assets are trading higher. Leaders: XLM (+10%) and HBAR (+0.2%). Laggards: ICP (-4.1%) and SUI (-4%)….
HIVE Digital Technologies (HIVE) shares jumped 10% in pre-market trading on Thursday after the company announced a $220 million, three-year GPU cloud contract with Bell Canada and AI firm Cohere, as the company continues its transition away from pure-play bitcoin mining. The deal will see HIVE’s BUZZ High Performance Computing unit deploy 2,304 Nvidia Grace…
Bitcoin BTC$63,867.43 and the Dollar Index (DXY) are moving in opposite directions, with the latter on the verge of a major move that may embolden crypto bears. The largest cryptocurrency is under pressure for a third straight day, trading near $63,900 and down nearly 1% since midnight UTC. The broader market is mostly showing similar…
