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Pi Network Price Forecast: Steady decline risks a lower leg below $0.080
Pi Network (PI) continues to extend a bearish phase over the last seven days, risking a breakout below the $0.0800 round figure. The social chatter surrounding the PI token is on the rise, likely driven by investors’ fear.Fxstreet
Wed, Oct 7
Bitcoin Price Forecast: BTC slips below $84,500 amid rising liquidation pressure
Bitcoin (BTC) slips below $84,500 at the time of writing on Wednesday, down over 2.5% so far this week. Mixed spot Bitcoin Exchange Traded Funds (ETFs) flows point to cautious institutional demand so far this week.
Fxstreet
Wed, Oct 7
Onchain Positions on Stocks and Commodities Push RWA Perps Open Interest to $5.78 Billion
Open interest (OI) on onchain real-world assets (RWA) perpetual futures hit new highs of $5.78 billion, according to the latest data from DefiLlama. RWA OI has grown from near zero a year ago and a staggering 25.6x increase year to date. When looking at the composition of this market, most of that OI resides on...Cryptopolitan
Wed, Oct 7
Arthur Hayes warns AI spending boom could trigger financial crisis
Former BitMEX CEO Arthur Hayes says the AI gold rush is headed straight for a cliff, followed by a government bailout that could push crypto prices higher. He claims the AI investment boom is unsustainable and will eventually collapse, adding that multi-trillion dollars are being wasted on AI data centers. The Maelstrom co-founder further argued...Cryptopolitan
Wed, Oct 7
SpaceX seeks $40 billion for Nvidia chips as orbital AI race heats up
SpaceX is trying to raise around $40 billion with the help of Apollo Global Management to acquire AI chips from Nvidia, as per Financial Times. The importance of this deal lies in the fact that these chips can be used to power SpaceXAI’s data centers on the planet, as well as its planned AI infrastructure...Cryptopolitan
Wed, Oct 7
FICO cuts 15% of workforce in AI-driven restructuring
Fair Isaac, the credit-scoring firm behind FICO, is reducing its workforce by almost 15% as part of a bigger restructuring focused on AI. The move could affect roughly 570 employees. FICO told Reuters the changes should help it “operate and bring innovations to market faster.” The moment is remarkable. Corporations are investing a lot in...Cryptopolitan
Wed, Oct 7
Top 3 Price Prediction: Bitcoin, Ethereum, Ripple – BTC fails to hold $85,000, ETH downside risks rise, XRP momentum fades
Bitcoin (BTC) remains under pressure on Wednesday, trading below $84,100 after a 2.88% correction so far this week. Ethereum (ETH) and Ripple (XRP) followed in BTC’s footsteps and extended their corrections, trading below $2,620 and $1.500, respectively.
Erebor rebuilds crypto banking on $7 billion in deposits, lends only $78 million
Erebor, the crypto-focused national bank backed by Palmer Luckey, has raised more than $7 billion in deposits and attracted over 500 customers since its opening, according to the Financial Times on October 6. This returns technology and cryptocurrency deposits to a specialized bank just three years after Silvergate’s demise. The main question now is whether...Cryptopolitan
Wed, Oct 7
UK names 6 banks to lead DIGIT as tokenized Treasuries boom
HM Treasury has designated Barclays, HSBC, Lloyds, Morgan Stanley, NatWest, and RBC Capital Markets as joint lead managers for DIGIT, UK’s first digitally-native government bond. The designation marks the end of the procurement phase ahead of the upcoming test issuance, which is likely to be done in the first quarter of 2027. The timing is...Cryptopolitan
Wed, Oct 7
CertiK to audit Sui's live bid to break its own 6-million TPS record
Blockchain security firm CertiK will act as the independent auditor when Sui tries to beat its own throughput record of 6,086,766 transactions per second (TPS) in a live test on October 7. Sui is pitching raw speed as the feature that an economy of autonomous AI agents will demand. What is CertiK verifying for Sui?...Cryptopolitan
Wed, Oct 7
ZEC expands institutional momentum as Winklevoss files for Zcash ETF
Winklevoss Asset Services, co-owned by crypto exchange Gemini founders Cameron and Tyler Winklevoss, filed a Form S-1 registration statement with the US Securities and Exchange Commission (SEC) on Tuesday for the Winklevoss Zcash (ZEC) ETF.Fxstreet
Tue, Oct 6
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