Cryptocurrencies
Bitwise: Bitcoin is undervalued amid the AI boom
Analysts at Bitwise stated that bitcoin's recent decline has created an attractive entry point for investors. The first cryptocurrency now appears to analysts to be undervalued compared with the stocks of technology companies benefiting from the artificial intelligence boom. Over the past day, bitcoin made a recovery attempt, rising at one point to…
Wintermute forecast: Bitcoin may fall to levels near $50,000
Analysts at the market maker Wintermute allow that Bitcoin (BTC) may yet fall to levels near $50,000, despite the recent rebound. According to Wintermute strategist Jasper De Maere, the attractive long-term risk-reward ratio around $60,000 does not mean that the market bottom has already been reached. Last week Bitcoin broke…
When Tankers Will Return to the Strait of Hormuz and What It Means for Bitcoin
The CEO of the world's largest tanker operator by number of vessels has made an important statement. According to him, shipowners will not immediately return to routes through the Strait of Hormuz. This process will take several weeks even after an agreement is reached between the US and Iran. Mitsui OSK Lines head Jotaro Tamura specifically emphasized this…
Thetanuts Finance Hacked: Attacker Withdrew $2.1M via Rounding Error
The decentralized options trading platform Thetanuts Finance has suffered a hack. The attacker was able to withdraw crypto assets worth about $2.1 million, security experts at PeckShieldAlert found. Blockchain security specialists at the company Blockaid confirmed the incident. The vulnerability arose due to a problem with processing the mathematical calculations of tokens…
How Hyperliquid Handled $1.4B in SpaceX Shares
When SpaceX went public, three of the largest crypto exchanges failed to deliver on their promises regarding tokenized shares. Hyperliquid's synthetic perpetual model did not encounter this problem.
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