Virtual Protocol surged 46% in 24 hours, fueled by technical momentum and high trading volume, but fundamentals show a lack of real growth. Core product revenue has dropped over 95% since January, raising concerns about whether the rally can last. Virtual Protocol (VIRTUAL) surged an eye-catching 33% in the past 24 hours, reclaiming market attention … Read more
A new report from the Bank for International Settlements (BIS) shows that Bitcoin and other cryptocurrencies are being used more during times of economic stress. This happens mostly in countries where inflation is high, it’s expensive to send money, or the government limits how much money can leave the country. People turn to Bitcoin and … Read more
In this week’s edition of The Prototype, we look at the Administration’s proposed budget cuts for research, a company building a space-based quantum network, reversing antibiotic resistance and more. You can sign up to get The Prototype in your inbox here. Jamel Toppin for Forbes The Trump Administration’s new budget proposal for Congress features significant … Read more
Wellgistics Health has secured a $50 million credit facility to implement XRP-based treasury and payment systems, aiming to revolutionize transaction efficiency within its healthcare network. $50 Million Credit Line Fuels Wellgistics’ Blockchain Payment Initiative Wellgistics Health Inc. (Nasdaq: WGRX) has announced a $50 million equity line of credit (ELOC) to integrate XRP into its financial … Read more
This is a segment from the Supply Shock newsletter. To read full editions, subscribe. Who is Bitcoin for? That depends on who you ask. A BlackRock analyst would say that Bitcoin is a key portfolio differentiator. The volatility is the use case, best utilized by those who want to capitalize on it. Someone living in … Read more
Key Takeaways: Bitcoin is driven by its ability to perform well in risk-on and risk-off environments, according to Bitcoin Suisse. Bitcoin’s Sharpe ratio of 1.72, second only to gold, underscores its maturity as an asset, offering superior risk-adjusted returns. A buyer-dominant market signals strong institutional and retail interest that could drive a supply squeeze and … Read more
MAP Protocol, a well-known Bitcoin L2 to increase cross-chain interoperability, has announced an exclusive development. As per MAP Protocol, the platform is launching comprehensive interoperability between the Bitcoin and Solana networks for seamless asset transfers. The platform disclosed this endeavor on its official social media account on X. 📢 MAP Protocol Officially Announces Interoperability Between … Read more
Steak ‘n Shake will begin accepting Bitcoin as payment at all its U.S. locations starting May 16, the company announced Thursday, marking one of the largest fast food Bitcoin integrations to date. Steak n Shake accepting Bitcoin payments at all locations starting May 16, making the cryptocurrency available to our more than 100 million customers. … Read more
ChainGPT, a pioneer in blockchain AI solutions, today announced the release of its highly anticipated AIVM Whitepaper, a comprehensive technical and strategic vision for building the foundation of the AI Crypto Economy. The Artificial Intelligence Virtual Machine (AIVM) is a purpose-built Layer-1 blockchain designed to seamlessly integrate decentralised AI development, compute infrastructure, and monetisation, bringing … Read more
Stocks pushed slightly higher on Friday as President Donald Trump, from the White House, said new trade agreements were on the way. He also backed reducing tariffs on China ahead of weekend meetings. But even with those announcements, the S&P 500 still failed to cross a major resistance level, keeping traders stuck in the same … Read more