Global crypto news media est. 2018 ¦ breaking news, analysis, podcasts & more.
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Joined July 2018
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APPLE CUTS EMPLOYEE AI BUDGETS TO REIN IN COSTS
@Apple lowered daily allowances for some engineers from $300 to $200, while evaluating further cuts to $100 and considering reductions to $25 for non-engineering staff.
The spending limits apply to external API tokens used across OpenAI's ChatGPT, Anthropic's Claude, and Google's Gemini.
Everyone’s asking WHEN the AI bubble will pop.
In China, it already has. Its AI index is down ~40%, with $480 BILLION gone in under four months.
The robots were cool. The profits weren’t there.
Is the US next? 👇
youtu.be/mZJrFfxcl2c
RIPPLE STABLECOIN EXPANDS ON ETHEREUM INSTEAD OF XRP LEDGER
About two-thirds of Ripple's $2.57 billion $RLUSD stablecoin supply is now hosted on Ethereum rather than the XRP Ledger, per @DefiLlama.
Ethereum holdings climbed to $1.72 billion after rising over 34% in 30 days, while XRPL balances dropped to $850 million amid a lack of native DeFi lending protocols.
6 MILLION AI PAYMENTS. ONLY $120K IN REAL VALUE. HYPE OR REALITY?
AI agents are generating massive on-chain transaction volume, but tokenized equities are quietly driving 3,000% YoY growth. When these two sectors collide, everything changes.
@JakubDziadkowie and Michael Thoma sit down with @filippoarman, Research Lead at @Dune to expose what the on-chain data actually reveals.
Special thanks to @AlsieLC for bringing this together!
Watch our Market Intelligence episode here: youtube.com/watch?v=Cdoqb9ma…
Read the full BeInCrypto Research report:
research.beincrypto.com/agen…
JUST IN: House Democrats are discussing plans to introduce a comprehensive crypto market structure bill in the next Congress, per @EleanorTerrett
The proposal expands on Representative Maxine Waters' earlier frameworks, combining rejected consumer protections with terms from prior Senate talks.
It grants the SEC greater crypto jurisdiction while narrowing the CFTC, alongside ethics rules restricting President Trump's crypto business activities.
Republicans have dismissed the forthcoming proposal as a messaging bill rather than viable legislation.
JUST IN: Strategy's $STRC reached the $100 mark for the first time since May.
The move comes alongside a broader market rally following the U.S. midterm elections, with Donald Trump citing ongoing record highs for equities.
BeInCrypto retweeted
A big thank you to @lord_ofentry for starting this game!
Bold Predictions in the crypto space from @token2049 with @beincrypto
Will Crypto Go To Zero? Bold Predictions You Need To Hear - youtu.be/-rc53mVy3wY
The US stock market just added $1 TRILLION in market cap overnight.
Futures were plunging yesterday, so what changed?
Here are the 5 main reasons driving today's massive Wall Street rally 👇🏻
Coinbase keeps over 99% of customer funds in cold storage, holding $377 billion in platform assets as of September 30, 2026.
The exchange addressed customer security concerns following Binance's recent hot wallet breach, noting that all assets remain backed 1:1 and segregated from corporate funds.
Fund movements are secured through split private keys where keys are never reconstructed in full, alongside anomaly detection and automated kill switches to halt unauthorized transactions.
Users come to Coinbase to keep their money secure. We make sure that stays true.
Secure custody is daily work for us, not a one-time achievement.
That means 1:1 backing, >99% of funds in offline cold storage today, audited financials, key splits, no single points of failure and so much more.
Find out about that so much more here ↓
coinbase.com/blog/how-coinba…
JUST IN: WALL STREET RALLIES AND BITCOIN RECLAIMS $80K AFTER MIDTERMS
bitcoin:native broke above $80,300 as U.S. markets opened following the midterm elections, triggering more than $330 million in short liquidations.
The surge mirrored broad strength across traditional finance, with the Dow gaining 2.4%, the Nasdaq adding over 2%, and gold jumping roughly 3%.
Commentary is one of the most important pillars of X. And sometimes the best way to share your thoughts is with video.
Today we're launching a whole new way to make them:
React with Video
Tap the repost button and start recording with green screen, split screen, or picture-in-picture.
Now available on iOS
RIOT PLATFORMS DUMPS 79% OF BITCOIN RESERVES TO FUND AI
Riot Platforms $RIOT sold 10,599 bitcoin:native in Q3, reducing its corporate holdings by nearly 79% to 2,418 BTC.
The liquidation brings nine-month sales to 20,264 BTC worth roughly $1.5 billion, with proceeds channeled into large-scale data center construction.
The capital reallocation coincides with Riot signing a 15-year, $28 billion lease with an unnamed Frontier AI Lab, accelerating its transition into high-performance computing infrastructure.
BeInCrypto retweeted
Signal Week is live.
Tickets are now open for the institutional summit for digital assets: 6–7 July 2027, at the Palais des Congrès and the Château de Versailles.
Formerly Paris Blockchain Week, it is built for the room the market has become. The room that brought @BlackRock , @DeutscheBank , @MorganStanley , @BankofAmerica , @BNYglobal , Santander, S&P Global, @Invesco and the London Stock Exchange to Paris. The room where $55T+ in assets under management was represented and 53,000+ meetings took place.
For one week in July 2027, Paris becomes the capital of the technologies reshaping finance, with Signal Week, @RaiseSummit and @MACHINASUMMIT in the same week and the same building.
In 2027, that room grows.
➡️ The week opens on 5 July with the VIP Dinner at L’Orangerie, Château de Versailles
➡️ Curated 1:1 meetings with Fintech Meetup, double opt-in: both sides agree before they meet, so you arrive with your calendar already full
➡️ Closed-door roundtables under Chatham House rules, where what’s said can be shared but never who said it
➡️ The same week and the same building as Europe’s biggest AI gathering
The question is no longer whether institutions adopt digital assets. It’s who they build with.
The question is no longer whether institutions adopt digital assets. It’s who they build with.
Every conversation is a signal. Every handshake moves a market.
Super Early Bird is now open. The best seats belong to the early movers.
Link in the comments.
JUST IN: French bank Crédit Mutuel Arkéa confirms cyberattack and says it temporarily suspended certain transactions to prevent further fraudulent activity.
The bank says operations will resume once final security checks are complete.
This follows reports linking Arkéa to the $133M+ crypto theft uncovered by ZachXBT.
Source: France24
JUST IN: ZachXBT claims French banking giant Crédit Mutuel Arkéa, with over €200B in assets, was the victim of the theft.
He says the lack of public disclosure allowed over $30M to be laundered before it could have been frozen by EU law enforcement.
In May, the bank had filed for an EU crypto licence to offer crypto to its customers.
Bitcoin fell to $75,700 after Democrats swept Congress, as investors feared the results could delay Trump's crypto-friendly legislation.
But $BTC bounced back above $78,300 within hours, with traders placing $420M in bullish call option bets.
Can Bitcoin break above $80K?
IS CRYPTO REACTING TO THE DEMOCRAT SWEEP?
bitcoin:native , ethereum:native , solana:So11111111111111111111111111111111111111112 , cardano:native , ripple:native , hyperliquid:native , near:native , stellar:native are all UP after Democrats win both the Senate and the House!
How will traditional markets react when they open today?
