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China's planning agency floats AI cooperation plan as Xi opens Shanghai summit
China’s top economic planning body has released an eight-point plan designed to increase international cooperation on artificial intelligence. The plan was published the same day President Xi Jinping gave a keynote speech, pushing for a China-led way of governing AI at a Shanghai summit What does the NRDC’s plan ask for? The National Development and...
Cryptopolitan
Fri, Jul 17
The next DeFi exploit may already be hiding in Toxic Pools
Every day, billions are traded through decentralized exchanges, with the latest figures from DefiLlama showing the DEX volume has reached about $5 billion in the past 24 hours. Aggregators assess rates and paths available from various liquidity providers to find the best deals. To illustrate, while 0x collects data from approximately 150 services, Uniswap’s quote...
Cryptopolitan
Fri, Jul 17
Protocol logic attacks grow as hackers shift from wallet exploits
Protocol exploits accelerated in July, switching from attacks against user wallets. Hackers picked up the pace on Solana, Arbitrum, BNB Chain, and Base, while Ethereum hacks slowed down.
Cryptopolitan
Fri, Jul 17
Florida crypto fraud victim receives record $710K refund after AG intervention
Victims of crypto fraud almost never see their money again. However, there are rare cases where victims are made whole again, and this Jacksonville case is one of those, as a Florida man has been handed back $710,000, the biggest crypto-fraud reimbursement in the state’s history. The officials behind it say stolen digital funds can...
Cryptopolitan
Fri, Jul 17
Crypto Today: Bitcoin, Ethereum, XRP give back gains as tit-for-tat US-Iran strikes persist
Cryptocurrencies broadly edge lower on Friday, as investors continue to assess the impact of the incessant strikes between the United States (US) and Iran in the Middle East. Bitcoin (BTC) has corrected by more than 1% on the day, trading below $63,000.
Bitcoin
Ethereum
XRP
Fxstreet
Fri, Jul 17
White House reshares CIA director post as China-tech stakes reach the Fed
The White House on Friday amplified a post from CIA Director John Ratcliffe to its followers, the latest sign of how Washington’s messaging on technological rivalry with China can bleed into trade policy, inflation, and the interest-rate bets that move crypto markets. Any government response to intelligence about that rivalry carries a long tail. Tariffs...
Cryptopolitan
Fri, Jul 17
Dogecoin Price Forecast: DOGE nears yearly low as bearish bias grows
Dogecoin (DOGE) extends its decline on Friday, trading near its yearly low at $0.069 as bearish sentiment continues to weigh on the meme coin. Weakening derivatives metrics and a deteriorating technical outlook suggest a deeper correction if DOGE slips below $0.069.
Dogecoin
Fxstreet
Fri, Jul 17
Tether adds 30M USDT wallets every quarter as user base hits 500M
Tether is attracting more than 30 million new users each quarter.
Cryptopolitan
Fri, Jul 17
Another Fed rate hike? Inflation keeps the option alive
Dallas Federal Reserve President Lorie Logan has issued a new warning to investors that the battle against inflation might not be over yet. On Thursday, she pointed out that the Federal Reserve (Fed) may have to be stricter with its monetary policy if inflation does not bring down its numbers. According to her, “modestly higher”...
Cryptopolitan
Fri, Jul 17
Pi Network Price Forecast: Mild recovery in PI marks early signs of trend reversal
Pi Network (PI) shows a mild recovery on Friday, following three consecutive days of consolidation, as selling pressure eases after a steep decline earlier this month. Speculative demand for a potential rebound in PI is on the rise as its Open Interest remains elevated.
Fxstreet
Fri, Jul 17
Kalshi’s Daily Crypto Contract Volume Hits Record $217.98 Million
Kalshi’s crypto event contracts saw the largest single day volume record this week on July 15. Data from Artemis shows that on Wednesday, the prediction market platform notched up $217.98 million within this category. Volume across the crypto contracts on the platform have been on a steady climb ever since May and if you go...
Cryptopolitan
Fri, Jul 17
Bonk Price Forecast: Extends losses as hacker moves stolen tokens to Binance
Bonk (BONK) extends its losses, trading below $0.0000034 on Friday, losing over 16% so far this week. The ongoing correction was fueled by on-chain data indicating that the hacker behind the recent exploit transferred a portion of the stolen tokens to Binance.
Fxstreet
Fri, Jul 17
Zcash Price Forecast: ZEC maintains bullish structure above key retracement support
Zcash (ZEC) is up over 2% on Friday, recovering from an 8% decline the previous day. The privacy coin maintains its retail strength with a rising funding rate despite a minor contraction in ZEC futures Open Interest.
Fxstreet
Fri, Jul 17
Top 3 Price Prediction: Bitcoin, Ethereum, Ripple – BTC and ETH stall below key EMAs, XRP holds crucial support
Bitcoin (BTC), Ethereum (ETH) and Ripple (XRP) came under renewed selling pressure during the second half of the week after staging a modest recovery earlier in the week. BTC trades below $63,600 on Friday, while ETH slips below $1,860 after facing rejection at key resistance levels.
Bitcoin
XRP
Ethereum
Fxstreet
Fri, Jul 17
UK jails fake-police crypto gang as regulators sharpen digital-asset rules
Three individuals who masqueraded as police officers to plunder over £4 million worth of cryptocurrency were sentenced this week in London, indicating a more stringent approach to crypto regulation in the UK. The verdict was announced shortly after the Financial Action Task Force had issued a warning of billions of dollars’ worth of illegal money...
Cryptopolitan
Fri, Jul 17
Crypto Market Overview: Mild correction in Bitcoin – HYPE, TIA extend losses
Bitcoin (BTC) edges below $64,000 on Friday, extending losses for the third consecutive day after the 50-day Exponential Moving Average (EMA) capped recovery around $65,000. Hyperliquid (HYPE) and Celestia (TIA) stand out as the worst performers over the last 24 hours, with nearly 10% losses.
Bitcoin
Fxstreet
Fri, Jul 17
Starship scrub hits SpaceX stock as global markets sell off
On Thursday (July 16), the highly anticipated launch of SpaceX’s Starship test flight mission was called off at the last minute, causing SPCX shares to fall deeper below its IPO price in June and intensifying the already-existing selling wave in the aerospace and technology industries. The sell-off came at a delicate time for investors. With...
Cryptopolitan
Fri, Jul 17
Bitcoin’s potential recovery in the second half hinges on these 4 catalysts
Bitcoin (BTC) has fallen over 34% in the first half of this year as the King Crypto failed to capitalize on a good semester for risk assets despite the woes from the Iran war.
Bitcoin
Fxstreet
Fri, Jul 17
T. Rowe Price launches actively managed multi-asset crypto ETF
T. Rowe Price has launched its first crypto exchange-traded fund (ETF), the T. Rowe Price Active Crypto ETF (TKNZ), which began trading on the NYSE Arca on Thursday.
Fxstreet
Fri, Jul 17
U.S. imposes new 25% tariffs on Brazil
The United States will place a 25% tariff on thousands of Brazilian imports starting July 22, and Brazil has promised to retaliate if this happens. This escalates a dispute in which Washington singled out Brazil’s Pix payment network as an unfair trade practice. US Trade Representative Jamieson Greer announced the new tariffs imposed late on...
Cryptopolitan
Fri, Jul 17
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