Criptor

OpenAI, the company behind ChatGPT, is reportedly seeking a $500 billion valuation through a secondary share sale for employees. However, just as capital floods into AI, China is sounding the alarm over foreign firms collecting biometric data via cryptocurrency incentives, a not-so-veiled swipe at Worldcoin (WLD). $500 Billion for AI, Iris Scans for Crypto: The Global Race to Monetize Minds OpenAI’s planned $500 billion valuation would mark a 66% jump from its last $300 billion raise. Notably, t...

BeInCrypto

2 hours ago

On Tuesday, Bitcoin exchange-traded funds (ETFs) logged their fourth consecutive day of net outflows, marking the longest streak of withdrawals since April. This sustained capital exit reflects the downturn in market sentiment, which could push BTC’s price lower in the near term. Bitcoin ETF Outflows Top $1 Billion in 4 Days as Institutional Bulls Retreat The four-day selloff in ETFs signals a weakening conviction among institutional investors, who now seek to reduce their Bitcoin exposure. Per ...

BeInCrypto

3 hours ago

Matt Hougan, Chief Investment Officer (CIO) at Bitwise Asset Management, has highlighted three key crypto investment areas with strong growth potential. These include Ethereum (ETH) and other Layer 1 blockchains, super-apps like Coinbase, and decentralized finance (DeFi). His insights follow a pivotal speech by US Securities and Exchange Commission (SEC) Chairman Paul Atkins. The SEC’s Crypto Strategy: Bitwise CIO Uncovers the Most Promising Bets On July 31, BeInCrypto reported that Chairman Atk...

BeInCrypto

3 hours ago

Mantle’s native token, MNT, is today’s top gainer. Its value has climbed 4% in the past 24 hours, extending a strong weekly rally that has seen its price surge nearly 30% over the last seven days. The rally comes as the network’s stablecoin supply climbs, signaling an influx of liquidity into the Mantle ecosystem. Stablecoin Inflow and Bullish Indicators Signal More Upside Over the past week, liquidity inflow into the Mantle network has soared. According to data from DeFiLlama, the network’s sta...

BeInCrypto

3 hours ago

Hyperliquid (HYPE) achieved a major milestone by capturing up to 35% of the total revenue generated by blockchain projects in July. In this context, the upcoming HIP-3 upgrade is expected to soon make the platform a strong pillar of the DeFi market. Soaring Revenue, Record Trading Volume According to Matthew Sigel, the Head of Digital Assets Research at VanEck, Hyperliquid earned 35% of all blockchain revenue in July. This is attributed to Hyperliquid’s ability to capture much of Solana’s (SOL) ...

BeInCrypto

3 hours ago

Succinct’s PROVE token was listed just hours ago, and it’s already catching attention with a volatile start. After opening around $0.65 (discounting the low from the first errant candle), the token spiked to a high of above $1.5 before retracing to current levels near $1.2. That’s a significant swing for a new listing, and now, some early indicators are suggesting it might be gearing up for a recover, or a collapse, if one level breaks. Cliff Unlocks Are Delayed, While Top Holders Step In Early ...

BeInCrypto

3 hours ago

Solana (SOL) has posted some of its strongest on-chain metrics over the past several weeks. However, major holders are not sticking around to celebrate. On the one hand, Solana is delivering record usage and, on the other, bleeding key holders. Is this a healthy rotation or smart money taking cover? Solana Surges On-Chain, But Whales Are Quietly Selling SOL According to SolanaFloor, in July, the network hit a new all-time high in monthly non-voted transactions. True transactions per second (TPS)...

BeInCrypto

4 hours ago