Bitcoin traders eye post-election rally as exchange outflows point to supply squeeze
Bulls are watching short positions, exchange withdrawals and key price levels for signs of a rebound after the midterms.
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Cipher, TeraWulf among AI infrastructure stocks trading below contract value, Compass Point argues
Using that approach, the firm said Applied Digital (APLD), TeraWulf (WULF) and Cipher Mining (CIFR) appear to offer the largest disconnect between their contracted business and current valuations. In each case, Compass Point argues the market is assigning little, if any, value to additional AI… Read More
Microsoft says legacy banks are hitting a breaking point as AI takes over the heavy lifting
Artificial intelligence is pushing financial systems toward a model where machines execute transactions at scale, raising new challenges around control, oversight and infrastructure, said Microsoft and Chainalysis executives. Bill Borden, corporate vice president of worldwide financial services at Microsoft, said Tuesday that legacy systems will… Read More
Bitcoin (BTC) derivatives point to broad price range play between $85,000-$100,000
Bitcoin’s BTC$87,474.65 derivatives market is flashing signals of stability in a broad range rather than a massive moonshot or violent crash. Activity in Deribit-listed options shows strong support around $85,000 from heavy put selling (writing) or traders offering insurance against price drops below that level.… Read More