Author: Coin Telegraph
Crypto punters shouldn’t be throwing extra cash at AI agents for trading — just stick to what you’d invest if you were trading solo since there will still be losers, a crypto venture capitalist says. “Trading is always a zero-sum game,” Web3 venture capital studio LiquidX co-founder Giulio Xiloyannis tells Hall of Flame. “There is always somebody that has to lose money for somebody to make money,” says the entrepreneur, who is originally from Spain and is now based in Malaysia. He explains that while it may not be at the exact moment, “ultimately you gotta exit to somebody to…
The United States presidential election on Nov. 5 may determine the fate of more than a half dozen proposed cryptocurrency exchange-traded funds (ETFs) waiting on a green light from regulators. In 2024, asset managers submitted a flurry of regulatory filings to list ETFs holding altcoins, including Solana (SOL), XRP (XRP) and Litecoin (LTC), among others. Issuers are also waiting on approval for several planned crypto index ETFs designed to hold diverse baskets of tokens. In effect, these filings are “call options on a Trump victory” in the US presidential race, Eric Balchunas, an ETF analyst at Bloomberg Intelligence, said on…
The use of AI agents to create, promote and transact cryptocurrencies has been largely theoretical — until now.But with AI shitposter Terminal of Truths promoting Goateus Maximus, the Luna bot tipping users for engagement, and Based Agents enabling quick and easy crypto agent creation on Ethereum L2s, the future has become very real all of a sudden. Luna is streaming 24/7. (Virtuals Protocol) The developments have brought a fresh wave of excitement to Crypto X, with some wondering if AI agents transacting in crypto could be the narrative that propels (at least in part) the next retail bull run. But…
Bitcoin’s (BTC) rejection near the all-time high earlier in the week may have attracted profit booking by the short-term traders. Although the price has dropped near $68,000, analysts remain positive on the markets. They anticipate Bitcoin to find support between $65,000 and $68,000.The next major trigger for the cryptocurrency markets is the United States elections. In a market report, FalconX head of research David Lawant said that volatility could increase if “results are too close to call and it takes too much time to reach an outcome.” Crypto market data daily view. Source: Coin360WonderFi President and CEO Dean Skurka said in…
In episode 62 of the Hashing It Out podcast, host Elisha Owusu Akyaw explores Web3s attempt to disrupt internet infrastructure with Harrison Hines, CEO and co-founder of Fleek Network and Kyle Okamoto, chief technology officer of Aethir. Read the full article here
WazirX hackers were preparing 8 days before the $235M theft The hackers behind the $235 million WazirX crypto exchange breach began preparing onchain at least eight days prior, according to Polygon Labs’s security chief. WazirX, one of India’s largest cryptocurrency exchanges, lost hundreds of millions to a multisig wallet hack on Thursday, July 18, which […] Read the full article here