莱特币 · 1503
From crypto to AI: Why are believers turning collectively?

From crypto to AI: Why are believers turning collectively?

Source: Wall Street Journal Author: Vicky Ge Huang Compiled by Chopper Original title: Why are cryptocurrency believers “throwing coins into AI”? Summary: Individual investors are withdrawing from the cryptocurrency market and switching to AI stocks. Daniel Koss, a 30-year-old investor, cleared Bitcoin and invested all of them on the AI circuit; Ryan Ho, the founder of the social networking platform, also replaced his seven-digit Bitcoin holdings with chip stocks, believing that the structure of the crypto market is weakening and the AI application scenarios are more realistic. Another trader, Minh Le, cashed out some of his crypto assets to buy Ferraris and anime collectibles. Although he recently re-entered the market, his strategy is conservative. Bitcoin fell from a high of $126,000 to around $60,000, decoupling from the trend of US stocks, while AI stock derivatives launched on platforms such as Hyperliquid also boosted capital migration. Bloomberg analysts say the crypto market is undergoing a deep clean-up, and investors believe that the era of Bitcoin's high-multiple growth is over. Daniel Koss has bought Bitcoin in a big way, and he is convinced that cryptocurrency will reshape the financial industry. But after the advent of the AI boom, he changed his investment direction. The 30-year-old investor believes that rapidly developing artificial intelligence technology has the potential to disrupt many industries, so he entered the market decisively. In August of last year, he cleared his six-digit Bitcoin holdings, and now all of his money is invested in the artificial intelligence circuit. “It felt like primitive humans discovered Tinder.” Koss, who is in Zug, Switzerland, said. Koss's position adjustment choice reflects the major capital migration that has taken the entire market by storm over the past year: individual investors and hedge funds have successively sold Bitcoin and various tokens to chase AI stocks. This asset rotation also explains Bitcoin's price dilemma: since it hit an all-time high of over $126,000 in October last year, Bitcoin has continued to be under pressure and has been hovering around $60,000 for a long time. At the time, the Trump administration threatened to impose new tariffs on China, triggering investors to sell high-risk assets. At the same time, chip makers and other AI concept stocks have broken out of the boom that only existed in the crypto market in the past. Bloomberg Industry Research Advanced Commodity Strategy Mike McGlone said, “The crypto market is undergoing a round of deep clean-up, and this is just the beginning.” The US stock market continued to hit new highs this year, yet Bitcoin continued to weaken. Koss has no plans to re-trade Bitcoin anytime soon. In his view, crypto assets have matured, and the era of exponential skyrocketing surges is over. He believes that Bitcoin will never increase tenfold in a year. “Bitcoin is already so large that even doubling it would be extremely profitable.” Even staunch crypto believers are reducing their crypto holdings and turning to volatile AI stocks. Ryan Ho, founder of the social trading platform Legend, revealed that when the price of Bitcoin was close to $120,000, he held a seven-digit Bitcoin position. At the time, he was convinced that Bitcoin “will never fall below $100,000 again.” However, the market backfired. In December of last year, he swapped a large number of bitcoins and altcoin holdings to buy AI-related stocks such as chip companies, including Intel. Currently, he still holds hundreds of thousands of dollars in Bitcoin. Ryan Ho, a 25-year-old entrepreneur, said that the core reason for the reduction in crypto assets was the structural weakening of the crypto market. In his view, after the sharp decline in October, the crypto market no longer has the characteristics of a health-risk asset: demand for buying has dried up, and institutional capital continues to flow to the AI sector. The crypto market then decoupled from the trend of US stocks. US stocks continued to rise, and the crypto market stagnated. Ryan Ho believes that ordinary investors are more likely to be optimistic about the growth prospects of AI. Artificial intelligence has a large number of real implementation scenarios such as ChatGPT and AI-assisted programming. Another driving force behind the shift of capital from crypto to AI is the launch of AI stock derivatives on mainstream crypto trading platforms such as Hyperliquid. “A large number of crypto traders have started trading AI stocks in the past few months, and the core reason is that related trading channels have been opened up.” Ryan Ho said. There are also some crypto traders who chose to settle the bag and end the previous round of sharp increases in Bitcoin and mainstream tokens. Trader and digital artist Minh Le recently monetized some of his crypto assets to buy a Ferrari, while also allocating a large amount of profit to a Japanese anime collection, including “One Piece” and Pokémon collectible cards. Minh LeMinh Le relies on...

8d ago22#AI #Bitcoin

$282 million in Bitcoin and Litecoin stolen due to Trezor impersonation support scam

Comparing news, a Bitcoin and Litecoin holder provided a 12-word mnemonic to an attacker posing as a Trezor supporter, resulting in the transfer of approximately $282 million in assets, including approximately $139 million in Bitcoin and $153 million in Litecoin. Blockchain forensics firm ZeroShadow said the incident stemmed from a social engineering attack, not a breach of wallet software or private key infrastructure. The stolen funds were split across the THORChain cross-chain bridge within minutes and converted to Monero through an instant exchange service. The ZeroShadow monitoring team flagged and frozen approximately $700,000 in funds within 20 minutes. Under the BIP39 standard, a 12-word mnemonic contains approximately 128 bits of entropy, and a 24-word mnemonic contains 256 bits of entropy. Chainalysis estimates that up to 23% of the bitcoins that have been mined are permanently inaccessible due to lost keys, involving millions of BTC due to forgotten mnemonics, damaged backups, and unscheduled inheritance plans.

20d ago

Analysis: Litecoin giant whales continue to increase their holdings, and the LitVM narrative drives a recovery in market attention

Comparative news, according to Santiment data monitoring, Litecoin (LTC) whale and shark addresses holding at least 10,000 LTC have increased by about 7% over the past 5 months, showing a continuous cumulative trend. Despite the overall lackluster price trend, the positions of large holders are steadily increasing. Judging from historical experience, the continued increase in holdings of such large addresses is often ahead of the overall market trend, because whales and sharks usually lay out ahead of time before the market is fully launched. If there is an upward trend in the future, this part of the holding power may become an important support and drive a rapid recovery in on-chain trading activity, which had previously declined. Meanwhile, market attention to LTC has increased markedly recently, mainly driven by the LitVM narrative. The project introduced smart contract functionality to Litecoin through the zkLTC package solution, triggering market discussions on whether it can bring new demand and new application scenarios to LTC, and has also become one of the core factors in the current rise in social popularity.

68d ago

The US SEC approves T. Rowe Price's application for an actively managed crypto ETF to include up to 15 crypto assets

According to US SEC documents, the US Securities and Exchange Commission recently officially approved a rule change application for T. Rowe Price Active Crypto ETF (T. Rowe Price Active Crypto ETF) listed and traded on NYSE Arca. NYSE Arca first submitted a rule change request in November 2025, and was finally approved after two revisions. The ETF invests in seeking long-term capital appreciation and will hold 5 to 15 crypto assets under normal circumstances. As of the date of submission of the application documents, eligible assets identified by the sponsor include Bitcoin (BTC), Ethereum (ETH), Solana (SOL), XRP, Cardano (ADA), Avalanche (AVAX), Litecoin (LTC), Polkadot (DOT), Dogecoin (DOGE), Hedera (HBAR), Bitcoin Cash (BCH), Chainlink (LINK), Stellar (XLM), Shiba Inu (SHIB), and Sui ( SUI). Additionally, the fund can also hold USDC as operating capital to pay expenses and buy assets, but not as an investment object.

69d ago
Gold also has “altcoins”: how can rhenium powder invalidate gold testing?

Gold also has “altcoins”: how can rhenium powder invalidate gold testing?

Author: Shenchao TechFlow Original title: Rhenium gold is fraudulent. Gold also has its own altcoin, the phrase “real gold is not afraid of fire”. It's not easy to use at the beginning of this year. CCTV revealed a new method of gold fraud yesterday. A gold store in Changxing County, Huzhou, Zhejiang received a gold necklace last year. The seller said it was made with gold he had bought before. The owner tested it according to the procedure. There was no problem with the naked eye inspection. The spray gun did not change color, and the weight on the scale was just right. The price of gold was over 800 grams, and the shopkeeper was quick to pay. In the afternoon of the same day, a teacher in the store who had been working for many years felt something was wrong. He cut the necklace apart to see the cross section. The texture was rough, not like the smooth droplet-like section that pure gold should have. After calling the police, following the flow of funds, they discovered that the gang's transaction records were spread all over several provinces, and that more than one gold store had been scammed. Finally, at a gold and gold workshop in Wuhu, Anhui, two core members joined the net. According to the Changxing police, the total value involved in the case was over 800,000 yuan. The workshop was equipped with a high-temperature melting furnace, molds, hammers, and a silver-white powder. This powder is called rhenium and is number 75 on the periodic table. It has a characteristic that causes headaches for the entire gold industry: the density is almost the same as gold, but the melting point is three times that of gold. You burn it, you can't burn it out. You can't measure it on a scale. You measured with a spectrometer. According to Song Jiangzhen, director of the Guangdong Southern Gold Market Research Center, who was interviewed by CCTV, the atomic numbers of rhenium and gold are only 4 positions apart. The signals on the instrument overlap highly. Ordinary gold meters directly calculate rhenium as gold. The gold industry has followed the gold inspection method for thousands of years, and it has been destroyed by a type of metal powder at the same time. This didn't just happen in Changxing. According to CCTV reports and local public security reports, from 2024 to the present, there have been cases of gold adulterated with rhenium in Xiangtan in Hunan, Hebi in Henan, Quanzhou in Fujian, Shanghai, Chongqing, and Ningbo in Zhejiang. The Quanzhou Gold and Silver Jewelry Association claims that it has received related complaints from time to time, and its methods are becoming more and more covert. Gold is now over 1,000 grams, and rhenium powder costs tens of yuan per gram on e-commerce platforms. The price difference is there, and testing is unstoppable. Naturally, there are people who use their brains. After all, when the market is good enough, people copy it. Rhenium powder is easy to generate, difficult to verify and falsify the business, and the threshold is much lower than expected. The owner of a recycling shop in Quanzhou, who has been in business for many years, told the media that in the past, small particles were used to mix rhenium, and you can still see some differences when mixed in gold jewelry. Rhenium powder is now ground as fine as flour. After melting with gold at a high temperature, the surface is completely indistinguishable. He himself has been scammed more than once. The ingredients and recipes used for counterfeiting are no secret. CCTV reporters searched for rhenium powder on e-commerce and second-hand trading platforms, and the product pages that came up were blatant. The details are directly labeled “gold mixed with rhenium”, “excessive heat over spectrum” and “gold weight gain”. Some sellers even wrote the ratio “75 to 25 mixed with gold.” The reporter contacted one of them, and the other party promised that it would be impossible to detect 20% to 23% with spectroradiometers on the market. There is a phrase on the product page that I think is very interesting. It's called “gold amplification.” Enlarged it sounds like rhenium powder is some kind of leveraging tool. What is the price of this rhenium powder? Some merchants sell pure rhenium powder at 29 yuan per gram, while others specifically label “gold blended” for 150 yuan per gram. According to the suspect in the Changxing case, their purchase price was about 100 yuan per gram. So are there any technical means to detect it? Yes, but it's far from a regular gold store. According to the testing experience of the Zhejiang Shaoxing Market Supervision Bureau, a high-precision imported spectrometer can separate the signals of rhenium and gold. Another method is more thorough, melting the jewellery into gold water and sending it to an authority for inspection. However, a Shenzhen Shuibei practitioner told the Beijing News that the vast majority of Shuibei's hundreds of testing institutions use tens of thousands of domestically produced instruments. The accuracy is limited, and destructive testing by authorities is not sent to individuals for inspection. Devices that can be measured can't be bought at ordinary gold stores. Affordable equipment, undetectable. The rules of gold for thousands of years have been harder to make and easier to test. A single fire can give the answer. Rhenium powder reverses this relationship. After making a piece of fake gold for a few hours, testing a piece of real gold had to be sent to the laboratory for several days. It's hard to verify, easy to generate, and feels like the opposite of Bitcoin. The price of gold is high, and if you are busy calculating accounts for fraud, you can see why so many people are taking risks. The recycling price of gold is now around 1,040 yuan per gram. To make a 100 gram fake full gold necklace, containing 20% rhenium, you need 80 grams of real gold and 20 grams of rhenium powder. The cost of 80 grams of real gold is 8,200 yuan, and 20 grams of rhenium powder is calculated at the purchase price of 100 yuan per gram, or 2,000 yuan, according to the suspect's own statement. The total cost is 85,200 yuan, and the full price is 104,000 yuan. One item...

117d agoburnking#gold

Litecoin revealed a zero-day vulnerability that triggered DoS attacks and abnormal MWEB transactions, which were fixed after the block was restructured

In comparison, Litecoin (Litecoin) published an article on the X platform disclosing that a recent zero-day vulnerability had caused DoS attacks and affected the operation of major mining pools. Mining nodes that were not updated in a timely manner allowed an invalid MWEB (MimbleWimble Extension Block) transaction to be executed, so that related tokens could be withdrawn to a third-party DEX. The Litecoin network rolled back these invalid transactions through a 13-block restructuring (reorg), confirming that they will not be included in the main chain. None of the valid transactions were affected during this period. Currently, the bug has been completely fixed, and the network operation has returned to normal.

118d ago
[Comparative Daily News Picks] Trump also gave a vague timeline for ending the war: soon, but not this week; Wall Street Journal: SEC will announce a proposal to cancel quarterly reporting requirements as soon as next month; Chicago Board Options Exchange plans to launch a 24x5 trading model for US stocks in December 2026; OpenSea delays the issuance of SEA tokens and will refund part of the transaction fees

[Comparative Daily News Picks] Trump also gave a vague timeline for ending the war: soon, but not this week; Wall Street Journal: SEC will announce a proposal to cancel quarterly reporting requirements as soon as next month; Chicago Board Options Exchange plans to launch a 24x5 trading model for US stocks in December 2026; OpenSea delays the issuance of SEA tokens and will refund part of the transaction fees

Web3 news selected for you every day by Bitou Xiaobian: [Trump gives a vague timeline for ending the war: soon, but not this week] Comparative News, US President Trump has once again given a vague timeline on the duration of the war with Iran, saying that the conflict will “end soon.” When asked by reporters if the US can end this war this week, Trump replied, “I don't think so. But it will be quick. It won't be long.” He also said, “The world will be safer when this is over. It's going to be over soon.” [Wall Street Journal: SEC will announce a proposal to cancel quarterly reporting requirements as soon as next month] In comparison, according to the Wall Street Journal, the US Securities and Exchange Commission (SEC) is preparing a proposal to cancel the quarterly reporting requirements for listed companies. A proposal to cancel the quarterly reporting requirement will be announced as soon as next month. It is reported that this move is aimed at reducing the disclosure burden on companies and encouraging long-term investment, but it may cause controversy over transparency. [Chicago Options Exchange plans to launch a 24x5 trading model for US stocks in December 2026] In comparison, the Chicago Options Exchange Cboe Global Markets, Inc. (Cboe: CBOE) announced that it has submitted a proposal to the US Securities and Exchange Commission (SEC) to launch near-24-hour (5 days a week, 24 hours a day) US stock trading on its Cboe EDGX Stock Exchange (EDGX). Cboe is scheduled to go live in December 2026, subject to regulatory approval of its application and depending on the preparations of relevant industry infrastructure providers. According to the proposal, EDGX will provide all NMS stock trading from 9 p.m. on Sunday to 8 p.m. on Friday, and will suspend operation and maintenance for one hour every night from Monday to Thursday from 8 p.m. to 9 p.m., to achieve nearly 24 hours of trading, excluding US market holidays. All transactions are intended to be settled through DTCC. [OpenSea delays SEA token issuance and will refund part of the transaction fee] In comparison, OpenSea co-founder Devin Finzer announced that the $SEA token issuance event originally scheduled for March 30 will be postponed. He said that the current crypto market environment is full of challenges, and $SEA only has one opportunity to be issued, and the team wants to ensure that everything is foolproof before moving forward. As a compensation measure, OpenSea will refund the processing fees generated on the platform by users participating in the 3-6 season bonus campaign, which is equivalent to “free” transactions during these periods. Users who choose to refund will have their corresponding Treasures rewards withdrawn. Treasures already held will receive “meaningful consideration” from the Foundation at the time of TGE. Additionally, OpenSea will reduce the platform's token transaction fee to 0% from March 31 for 60 days, after which it will launch a new, more competitive rate system. The product launch event originally scheduled for March 30 will also be postponed to the next few months. Finzer emphasized that it was a tough but right decision. “We are willing to make tough choices at critical times”, and the OS2 platform remains the foundation for all of the company's business. [Nvidia launches NemoClaw to help minimize “shrimp farming”] In comparison, OpenClaw, an open source artificial intelligence agent commonly known as “lobster,” has recently become very popular. Nvidia (NVDA.O) has also announced the launch of a minimalist model to help users “raise shrimp”. Nvidia CEO Hwang In-hoon announced the launch of NemocLaw for the OpenClaw proxy platform at the GTC event on Monday. Users only need a single command to install a deployment toolchain deeply optimized for OpenClaw. NemoClaw uses Nvidia Agent Toolkit software to optimize OpenClaw with just one command. It installs OpenShell and provides an open model and isolated sandbox to add data privacy and security guarantees to autonomous agents. [T.Rowe Price submits a second amendment to its actively managed cryptocurrency ETF] According to Coindesk, T. Rowe Price submitted a second amendment to its actively managed cryptocurrency ETF, which will track various assets including Bitcoin, Ethereum, Ripple, Litecoin, and SHIB. [Driven by geopolitics and sporting events, it is predicted that the total amount of open contracts in the market industry will exceed $1 billion for the first time] Comparative news. The data shows that Poly...

158d agoWendy#Compare Daily Picks

Coinbase adds XRP, Dogecoin, Cardano, and Litecoin as collateral for on-chain loans with Morpho

In comparison, Coinbase added XRP, Dogecoin, Cardano, and Litecoin as collateral for on-chain loans through Morpho. This expansion allows eligible US customers (excluding New York customers) to borrow up to $100,000 in USDC by collateral using four types of crypto assets as collateral without selling their holdings. Coinbase first launched an on-chain loan product last year, initially supporting Bitcoin and later Ethereum. Users can borrow up to $5 million in USDC with Bitcoin, or up to $1 million in USDC with Ethereum. According to company data, the product has so far enabled more than 1.9 billion US dollars in loan disbursements. These loans are powered by the Morpho Lending Protocol based on the Base platform, and Coinbase provides a user interface to access the protocol. The Coinbase website shows that every time a customer borrows a loan (even if it is an addition to an existing loan), a one-time fee is charged, which will be included in the principal amount of the loan.

185d agoWendy

Litecoin treasury company Luxxfolio revealed an increase of 2,413.464 LTC and the launch of Litecoin mining

In comparison, Luxxfolio, a Canadian-listed Litecoin treasury company, revealed that it has increased its holdings by 2,413.464 LTC. Up to now, its total holdings have reached 24,439.464 LTC and maintained zero debt. The company also announced that it has deployed 20 Bitmain Antminer L9 16G devices to start Litecoin mining, and plans to gradually expand the scale of its mining business according to market conditions, equipment availability, and power capacity.

192d ago