Author: Shalini Nagarajan

bitcoin magazine Alpha Arena exposes flaws in AI trading: Western models lose 80% of capital in one week Can AI trade virtual currencies? Jay Azan, a New York-based computer engineer and financial associate, takes on this question at Alpha Arena. This project pits the largest large-scale language models (LLMs), each with $10,000 worth of capital, against each other to see who can make more money trading cryptocurrencies. Models include Grok 4, Claude Sonnet 4.5, Gemini 2.5 pro, ChatGPT 5, Deepseek v3.1, and Qwen3 Max. Now, you might think, “Wow, that’s a great idea!” And you might be surprised to know…

Video-sharing platform Rumble is preparing to introduce Bitcoin tipping to its more than 51 million monthly active users, CEO Chris Pavlovsky announced on Friday.Speaking on stage at the Plan₿ Forum in Lugano, Switzerland, Pavlovsky said Rumble has partnered with stablecoin issuer Tether to enable Bitcoin (BTC) tipping.“We are currently in the testing phase, but we plan to begin rolling it out in parallel with Tether in the coming weeks.”Tether CEO Paolo Ardoino also took to the stage, predicting a full rollout by early to mid-December once small bugs are fixed and the UX is improved.The Rumble team posted a video…

The live uncensored streaming spinoff of the hit TV series gives real-time power to the community and direct passes to Season 3 on Apple TV and Amazon Prime. HELLO Labs, the production company behind the hit Web3 TV series “Killer Whales,” announced that submissions are officially open for its live, uncensored, interactive streaming spinoff, “Killer Whales: LIVE.” This new format allows you to pitch your breakthrough Web3 project in real time to a panel of elite investors and key opinion leaders (KOLs) called “The Whale” for a chance to gain instant attention and earn a coveted spot on the shortlist…

President Donald Trump has selected Michael Selig, chief advisor of the Securities and Exchange Commission’s Virtual Currency Task Force, to chair the Commodity Futures Trading Commission (CFTC). Selig’s nomination, first reported by Bloomberg, is Trump’s second attempt to fill the CFTC’s top post, following the stalling of the nomination of a16z cryptocurrency global policy chief Brian Quintenz over opposition from Gemini co-founder Tyler Winklevoss. Mr. Selig is an assistant to SEC Chairman Paul Atkins and has been instrumental in coordinating the regulatory approaches between the SEC and CFTC regarding oversight of financial and virtual currency markets. The CFTC, which regulates…

Important points:Bitcoin’s rescue rebound is facing a sell-off near $112,000, showing that the bears are not giving up.Buyers are defending the support levels of some major altcoins, but selling is likely to resume unless prices break above the immediate resistance.Bitcoin (BTC) is attempting a recovery, but the bears are selling the recovery near $112,000. Bitfinex analysts said in a report that October’s 18.1% peak-to-trough drawdown was “consistent with a retest of previous cycle highs from 2023,” indicating consolidation rather than a reversal of the trend. Mike Novogratz, CEO of Galaxy Digital, said in an interview with CNBC that people “should”…

Bitcoin’s short-term momentum weakened following the market crash on October 10th. Nevertheless, on-chain data platform CryptoQuant reports that long-term structural demand for Bitcoin remains strong.In a report released Friday, the company cautioned that it is premature to view the current market as a “season finale.” Another research firm, Tiger Research, forecast a target of $200,000 for the fourth quarter, citing continued online buying despite a sharp rise in volatility.Sponsored SponsoredDolphin cohort: a key indicator of structural demandAnalysts at CryptoQuant suggest that the coming weeks will be critical depending on whether the rate of accumulation accelerates. They characterize the current market…

Swiss Bitcoin app Relai has become one of the first Bitcoin-only companies to receive regulatory approval under Europe’s innovative Market for Cryptocurrency (MiCA) framework. According to a note shared with Bitcoin Magazine, the Zurich-based company announced today that it has received authorization as a Crypto Asset Service Provider (CASP) from the French Financial Markets Authority (AMF). This approval marks a significant moment not only for Relai, but for the broader Bitcoin ecosystem in Europe. The MiCA regulation, which came into force earlier this year, establishes uniform rules for crypto companies across the EU, with the aim of increasing investor protection…

The U.S. Secretary of Energy has asked the Federal Energy Regulatory Commission (FERC) to create new rules that would allow large electricity consumers, such as AI data centers and Bitcoin mining operations, to connect directly and quickly to the power grid.In a letter released Thursday, U.S. Energy Secretary Chris Wright asked FERC, the independent agency that regulates the interstate power grid, to authorize an expedited review and create standardized procedures for large power users to connect directly to high-voltage transmission systems, not just local transmission lines.High-voltage transmission systems have higher capacity than local lines and are typically used in large…

A Bitcoin wallet that dates back to the early days of cryptocurrencies has finally returned after being inactive for more than 14 years. This address is believed to have mined approximately 4,000 BTC between April and June 2009, with 150 BTC being transferred this week. This is the first move since June 2011.Sponsored SponsoredUnusual developments in the early Bitcoin eraThe coin was worth just $67,724 when it was last active, but is now worth about $16 million. According to on-chain data, this wallet first consolidated mined BTC into a single address in 2011 and has remained untouched since then. The…

Leading hardware cryptocurrency wallet providers, Ledger and Trezor, have both released new wallet iterations, giving users additional options to protect their assets through self-custody.Paris-based Ledger announced its latest device, the Ledger Nano Gen5, on Thursday. In a notable change, the company has completely removed the term “hardware wallet” and now refers to all devices as “ledger signers.”Rival hardware wallet company Trezor, based in Prague, also released the Trezor Safe 7 earlier this week, describing the device as its first quantum-enabled hardware wallet.Both Ledger and Trezor have been offering self-custody devices for over a decade, so Cointelegraph took a deep dive…