Bitcoin Plunges Below $90K as AI Worries Drag Nasdaq, Crypto Stocks Down Bitcoin fell back below $90,000 on Thursday as a bout of risk-off trading hit both cryptocurrencies and U.S. technology stocks, with markets reacting to renewed concerns about the profitability of artificial intelligence investments. The move was described as a fresh signal of broader…
Bitcoin Holds Above $90,000 as Implied Volatility Slides Into Year-End Bitcoin, the largest cryptocurrency by market value, continued to trade without a clear direction above $90,000 as traders headed into the final stretch of the year with fewer near-term catalysts. A key change beneath the surface has been the sharp decline in options-implied volatility. Bitcoin’s…
Most Influential: Tom Lee Thomas “Tom” Lee, a longtime Wall Street strategist and the head of research at Fundstrat Global Advisors, is stepping deeper into crypto through his role as chairman of BitMine. His shift comes as more traditional finance firms and investors engage with digital assets, reflecting a broader industry convergence. BitMine has adopted…
XRP Ledger Upgrade Lays Groundwork for Lending, Tokenization Expansion RippleX, the development group that maintains the XRP Ledger’s core software, has released rippled v3.0.0, a required upgrade for operators running XRPL servers to remain compatible with the network. While the release does not add major new user-facing features, it focuses on hardening the core client…
