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Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure The Bitcoin price has fallen below $100,000 for the first time in four months, wiping out nearly 6% of its value within a single day.  The drop can be attributed to a strengthening US dollar, outflows from Spot Bitcoin ETFs, and massive liquidations across the crypto futures market, causing investors to question whether the long-anticipated bear market has finally arrived.  Notably, Bitcoin’s correction also rippled through the entire crypto sector, where the total market capitalization fell below $3.5 trillion for the first time in months. Bitcoin Price…

When I traveled to Ellabell, Ga., in May to report on Hyundai Motor Group’s hyperefficient Metaplant—a US $12.6 billion boost to U.S.-based manufacturing of EVs and batteries—the company’s timing appeared solid. At this temple of leading-edge factory tech, Ioniq 5 and Ioniq 9 SUVs marched along surgically spotless assembly lines, giving the South Korean automaker a defensible bulwark against the Trump administration’s tariffs and onshoring fervor.But dark clouds were already gathering. Consumer adoption of EVs had started slowing. The U.S. federal government’s $7,500 clean-car tax credit, which had helped hundreds of thousands of people make the leap to EVs, was…

The Securities and Exchange Commission has hit the brakes on a wide‑reaching investigation into how public companies have been using crypto in their treasuries. The reason has nothing to do with the industry itself, but with the government shutdown that forced SEC attorneys and investigators into furlough. The agency was preparing to dig into firms that added Bitcoin, Ethereum, or Solana to their balance sheets and may have seen their stock prices spike shortly after. With most staff out, subpoenas and other enforcement tools have been temporarily shelved. Where All This Started More than 200 public companies had disclosed crypto…

The intelligence of AI models isn't what's blocking enterprise deployments. It's the inability to define and measure quality in the first place.That's where AI judges are now playing an increasingly important role. In AI evaluation, a "judge" is an AI system that scores outputs from another AI system. Judge Builder is Databricks' framework for creating judges and was first deployed as part of the company's Agent Bricks technology earlier this year. The framework has evolved significantly since its initial launch in response to direct user feedback and deployments.Early versions focused on technical implementation but customer feedback revealed the real bottleneck was…

Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure Data shows the cryptocurrency derivatives market has been hit with nearly $1.4 billion in liquidations as Bitcoin and altcoins have crashed. Bitcoin Has Witnessed A Plunge Below $104,000 The first week of November has kicked off on a bearish note for the cryptocurrency sector as Bitcoin and other digital assets have plummeted. BTC is down to $103,800 for the first time since its brief dip in mid-October, sitting on a weekly loss of more than 9%. How the BTC price has changed over the last few days…

This month, a remarkable Bitcoin-focused artwork will grace one of the art world’s most prestigious stages. Block 1 from Robert Alice’s Portraits of a Mind series is set to be auctioned in Sotheby’s Now & Contemporary Evening Sale on November 18, carrying an estimate of $600,000 to $800,000.  Robert Alice, Portraits of a Mind, 2019. Credit: Theo Cristelis  This event is where marquee works by renowned artists like Yves Klein or Jean-Michel Basquiat appear, so the inclusion of Block 1 signals an important moment for Bitcoin’s cultural presence. The auction will be held at The Breuer Building — once the…

Investor demand for financial privacy is fueling a rally in privacy-preserving cryptocurrencies, signaling renewed interest in self-sovereign blockchain transactions.The market capitalization of privacy-preserving cryptocurrencies rose by about 80% over the past week to briefly surpass $24 billion earlier on Monday before retracing 2.9% to $23.7 billion at the time of writing, according to data aggregator CoinGecko.Dash (DASH) and Zcash (ZEC) were among the best-performing privacy coins last week, with 65% and 9.55% gains, respectively.The privacy coin rally occurred despite a wider crypto market downturn, which saw the total crypto market cap decline by 3.7% over the past week, from $3.96…

Lawmakers previously proposed a $19 billion Bitcoin reserve. Countries like Germany, Pakistan, and the Philippines are reviewing similar plans. Brazil’s Drex CBDC could support future digital reserve systems. Brazil’s central bank is preparing to host one of Latin America’s most closely watched financial events next month, as global reserve managers gather in Rio de Janeiro for the Central Banking Autumn Meetings. Among the top items on the agenda is the growing debate over whether Bitcoin and other cryptocurrencies could play a role in national reserves. The meetings, as reported by local media, will bring together central bankers and policymakers from…

Key Takeaways Franklin Templeton updated its S-1 filing for a proposed XRP spot ETF, removing 8(a) language that could delay approval. This signals the firm’s aim to launch the XRP ETF within this month. Share this article Franklin Templeton, an asset management firm advancing spot crypto ETF filings, updated its S-1 filing for an XRP ETF, a proposed spot exchange-traded fund tracking the XRP cryptocurrency, by removing 8(a) language that could delay regulatory approval. The move signals the firm’s intention to launch the product this month.The 8(a) provision in ETF filings can postpone effectiveness pending regulatory approval. By removing this…

The crypto market has entered one of its steepest sell-offs in months, erasing over $90 billion in market value within just one hour and triggering more than $1.3 billion in liquidations as leveraged positions were wiped out across exchanges. Related Reading: Rare Chart Formation That Led To An 87% XRP Price Crash Has Resurfaced Bitcoin (BTC) plummeted below $105,000, extending a sharp correction that began late last week, while major altcoins such as Ethereum (ETH), Solana (SOL), and XRP followed suit with double-digit losses. BTC’s price trends to the downside on the daily chart. Source: BTCUSD on Tradingview Fed’s Hawkish…