Everything web3, crypto, defi, degen
In brief Caltech trapped 6,100 cesium atoms as qubits, the largest neutral-atom quantum system to date. Qubits stayed coherent for 13 seconds with 99.98% operational accuracy, defying scaling trade-offs. The team moved atoms across the array while keeping them in superposition. Caltech physicists have created the largest neutral-atom quantum computer to date, trapping 6,100 cesium…
In brief Purchases at Bitcoin and other treasury companies have slowed dramatically over the past two months. The declines played a big role in declining markets that were already jittery about macroeconomic uncertainties. Three market observers say that the waning treasury activity could continue to weigh on markets. The rise in Bitcoin, Ethereum, and other…
In brief Hyperliquid surges 9.26% to $44.11 as the only top 10 crypto in green while the rest of the market tanks 1.8%. BNB drops 0.14% to $947.55, as the worst performer in top 10 after the Aster-driven spike fades. The Crypto Fear and Greed Index marks the most bearish reading since April. Here’s what…
In brief Bitcoin rebounds slightly to $109,300 after dipping below $109,000 late last night. It’s down 1.5% in 24 hours amid August inflation data showing 2.9% year-over-year increase in core inflation. Over $970 million in crypto futures contracts liquidated in past day, with $852 million being long positions betting on price increases. Some 69% of…
TL; DR In our latest Trading Spaces: The Fed cut rates by 25 bps on Wednesday, Sept 17, 2025 — a widely expected move. Powell’s tone read “not in a sprint to ease,” and the dot plot implies room for more cuts this year, but not a flood. Long-end yields popped after the decision, a…
In brief The crypto market is now deep in the red for September, shedding close to 5% in total value in 24 hours. Bitcoin is holding onto a slim 1% gain for the month, staying in the green for now. Technical indicators suggest market exhaustion, but prediction markets remain somewhat optimistic. Brace yourselves, the Red…
Major digital coins including Bitcoin, Ethereum, and Dogecoin plunged on Thursday, with liquidations over a 24-hour period closing in on $1 billion. Bitcoin, the leading cryptocurrency, was recently down by nearly 4%, trading for under $109,700, CoinGecko data shows. While Ethereum, the second biggest digital coin, dropped further—by 7.5%—and was trading for $3,879 Thursday afternoon New York…
Publicly traded cloud infrastructure firm Cloudflare—which powers a significant chunk of internet traffic—is launching a U.S. dollar-backed stablecoin, the NET Dollar, to help propel the future of AI-driven finance on the internet, the firm announced on Thursday. Like other stablecoins, Cloudflare’s version will offer near-instant transactions globally. The firm also highlighted its use in rewarding creators…
In brief The price of Ethereum has dropped 10% in the past month and is currently just above $4,000. Macroeconomic uncertainty has slowed demand from institutions, resulting in reduced institutional accumulation via daily ETF net flows and DAT-driven purchases. Experts suggest the realized price of accumulating Ethereum addresses around $3,000 is a pivotal support. Investor…
In brief The U.S. dollar is firming, triggering a retracement in equities and gold. Experts remain split about the Fed’s measured dovish stance, but remain bullish on Bitcoin heading into the fourth quarter. A softer August Core PCE print could end Bitcoin’s September slump and set the stage for a bullish fourth quarter. Bitcoin is…
