AI will make stocks obsolete, driving investors to Bitcoin: Analyst

AI will make stocks obsolete, driving investors to Bitcoin: Analyst

Artificial intelligence will speed up innovation exponentially, making slow-moving public companies a poor investment vehicle in the future. Bitcoin (BTC) will be a better investment than stocks in the coming decades due to artificial intelligence speeding up innovation cycles, making public companies inefficient investment vehicles, analyst and investor Jordi Visser predicted. “If the innovation cycle…

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Will Bitcoin price drop in September?

Will Bitcoin price drop in September?

Bitcoin is in position for a rebound toward $124,500 in September, even as history brands the month as one of its weakest. Key takeaways: Bitcoin may avoid a big September drop and could aim for new highs soon. A weaker dollar and Fed rate cuts can be significant tailwinds for BTC price. Read more If…

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Kraken, Backed expand tokenized stocks to Tron ecosystem amid RWA push

Kraken, Backed expand tokenized stocks to Tron ecosystem amid RWA push

According to a Binance Research report, tokenized stocks are nearing a major inflection point reminiscent of the early days of decentralized finance. On Wednesday, cryptocurrency exchange Kraken and tokenization platform Backed Finance announced an expansion of xStocks, a tokenized stock product offering, to the Tron blockchain. The move comes as real-world asset (RWA) tokenization, particularly…

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SharpLink purchases 7M in Ether at near record prices

SharpLink purchases $667M in Ether at near record prices

SharpLink bought $667 million in Ether at near-record highs, lifting its holdings to $3.2 billion as institutional ETH accumulation accelerates. Sports betting platform SharpLink Gaming snapped up Ether last week as the cryptocurrency surged to near all-time highs. SharpLink added 143,593 Ether (ETH) as ETH prices climbed above $4,700, according to a filing with the…

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Michael Saylor signals Strategy will buy the Bitcoin dip

Michael Saylor signals Strategy will buy the Bitcoin dip

Saylor signaled an impending Bitcoin purchase by Strategy, as BTC’s price hovers around the $117,000 level, down from the all-time high. Strategy co-founder Michael Saylor signaled an impending Bitcoin (BTC) purchase by the company, as the price of Bitcoin hovered below the all-time high of over $124,000 reached on Thursday. The company’s most recent Bitcoin…

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