Cryptocurrencies

Estonia will begin developing a digital identity for AI agents — AI-isikukood. The Eesti.ai council under Prime Minister Kristen Michal has backed the project, which is meant to allow such systems to act on behalf of a person, company or institution within limited and verifiable bounds, according to the government’s website. According to Michal, in the future artificial…

Binance’s derivatives market went through a sharp leverage “flush” on June 17. As CryptoQuant analyst Amr Taha notes, open interest in Bitcoin (BTC) fell by 18%, and in Ethereum (ETH) by 25%, against the backdrop of the U.S. Federal Reserve’s (Fed) decision to hold rates. Open interest is the aggregate volume of unclosed contract positions. Its…

The agreement between the U.S. and Iran reduced the risks of problems in global energy, but bitcoin still remains below $66,000 due to fears of further sales by Strategy. This was stated by QCP Capital analysts. Since Strategy continues to issue shares and increase its growth potential, this optimism could ultimately turn against the first…

Kalshi CEO Tarek Mansour stated that Polymarket is not his main competitor, naming CME, Robinhood, and DraftKings as more serious threats.

The decentralized perpetual futures exchange Satori Finance announced its closure due to prolonged unfavorable market conditions and insufficient revenue. In 2022 the project raised $10 million from investors, including Coinbase Ventures and Jump Capital. Satori Finance supported trading on Ethereum, BNB Chain, Base, Arbitrum, and other networks. Users…