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Ethereum Price Forecast: ETH shows bottom signs but relative performance against Bitcoin not there yet
Ethereum (ETH) is showing early signs of a market bottom relative to Bitcoin (BTC), but has to confirm several other key bottoming signals before an outperformance can be expected, according to CryptoQuant.
Fxstreet
Fri, Jul 24
Morgan Stanley says SpaceX at $100 would give its AI business no value
Morgan Stanley (NYSE: MS) says SpaceX (NASDAQ: SPCX) is getting close to a price where investors would be giving its artificial intelligence unit no value at present. The bank’s entire case is based on the possibility that the price falls to $100 per share, which is the number that most traders consider after the selling...Cryptopolitan
Fri, Jul 24
Kimi K3 underperforms US frontier AI models in planning cyberattacks
A joint evaluation report has stated that Moonshot AI’s Kimi K3 is not up to par with the strongest American AI systems when it comes to building software exploits and running simulated network attacks. The United Kingdom’s AI Security Institute (AISI) and the US Center of AI Standards and Innovation (CAISI) ran the evaluation, and...Cryptopolitan
Fri, Jul 24
Kalshi traders see less than a 50% chance that Hormuz shipping returns to normal by July 2027
Wall Street traders are pricing a slow return to normal shipping through Hormuz. Kalshi contracts were below 50% on Friday afternoon. The chance of regular traffic by July 2027 fell to 47% from nearly 70% two days earlier. The drop came as the United States completed a 13th straight night of attacks on Iranian sites...Cryptopolitan
Fri, Jul 24
Nvidia CEO's first X post backs 150-firm letter urging US government against banning Chinese AI
Nvidia (NASDAQ: NVDA) CEO Jensen Huang has used his first post on X to support an open letter urging Washington to keep open-weight AI models available. The letter pushes back against the Trump administration’s intentions to restrict open source models. These models perform on par with U.S. models while being offered at a lower price....Cryptopolitan
Fri, Jul 24
Who actually benefits from Trump’s 60-nation tariffs?
Early on Thursday morning, the United States imposed new tariffs on over 60 nations, replacing a short-term charge that had just expired. Allies and trading partners quickly criticized the new duties. The tariffs under Section 301 of the Trade Act of 1974 were announced by US Trade Representative Jamieson Greer. On July 24, 2026, at...Cryptopolitan
Fri, Jul 24
India finally presents crypto oversight plan after RBI, tax office push for ban
A new policy has emerged in India, as a parliamentary committee has asked the Indian government to allow industry-run Self-Regulatory Organizations to regulate India’s crypto market under the auspices of the Reserve Bank of India (RBI) or Securities and Exchange Board of India (SEBI). This presents a temporary solution for the 39 million people who...Cryptopolitan
Fri, Jul 24
Bitcoin vs. Gold: BTC corrects as XAU holds firm ahead of Fed rate decision
The cryptocurrency market is broadly pulling back this Friday following an early-week surge that pushed Bitcoin (BTC) near the $67,000 mark. BTC has since retreated below $65,000, as escalating tension and hostilities between the United States and Iran fuel investor caution.
Goldman Sachs CEO David Solomon breaks from Wall Street to back CLARITY Act
Goldman Sachs (NYSE: GS) Chairman and CEO David Solomon stepped out ahead of Wall Street this week, voicing his support for a sweeping piece of crypto legislation even as the bill’s chances of becoming law this year take a serious hit. “I’m very supportive of moving the Clarity Act forward, so we can get some...Cryptopolitan
Fri, Jul 24
EU extends crypto transaction bans to Belarus-based platforms in 21st Russia package
The European Union has adopted its 21st sanctions package against Russia, extending transaction bans to 14 crypto service platforms. Several of these banned platforms are based in Belarus, and the EU has given itself the power to ban crypto services in an entire country if that country helps Russia dodge sanctions. What does the EU’s...Cryptopolitan
Fri, Jul 24
US OCC sends Wise stock crashing with banking charter denial
Wise (NASDAQ: WSE) has lost its bid for a US national trust bank charter, and in less than 24 hours, its shares have dropped by 11%. The Office of the Comptroller of the Currency (OCC) rejected the payments firm’s application over anti-money-laundering deficiencies on Thursday, July 23. Wise has been making moves to expand its...Cryptopolitan
Fri, Jul 24
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