A week of AI coding cut a quantum-safe bitcoin transaction estimate from $320 to $66
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StarkWare, which conducted the research, says contest participants using AI tools made the computation about five times faster, though the $66 figure has not yet been demonstrated in another transaction mined on Bitcoin.
Michael Burry believes that the shortage of AI driven storage chips is a temporary phenomenon and has increased short positions in Micron Technology, Nebius, SOXX, and Palantir. Michael Burry also increased his holdings in QXO, Build-A-Bear Workshop, Sprouts Farmers Market, Birkenstock, and MercadoLibre. (Source: CNBC)
CryptoQuant analyst Darkfost stated that the short-term holder cost base of Bitcoin has surpassed the active long-term holder cost base, marking the fifth time in history that a bull market confirmation signal has appeared. Currently, over 3.5 million BTC held for over 10 years are in a dormant state, with an average monthly increase of approximately 8000 to 30000 BTC in this supply. Since 2019, this indicator has only experienced negative growth once, due to an early miner transferring approximately 100000 BTC. Darkfost believes that the current signal reflects positive changes in the Bitcoin market, with ETF liquidity inflows being one of the driving factors.
The wallet address 0x02A0 associated with BIT transferred 11000 ETH worth approximately $29.45 million to Binance. In the past 3 hours, this ETH has been transferred from the BIT recharge address to the above-mentioned hot wallet for internal collection. (Source: Arkham)
Citigroup expects the Federal Reserve to maintain interest rates unchanged in October and December, and resume rate cuts in June 2027. (Source: Caixin)