Story Protocol has rebranded as the DATA Foundation, abandoning its original IP licensing strategy in favor of systems for sourcing, verifying, licensing, and paying for AI training data.
Bitcoin opened the week lower as tariff tensions, rate-cut expectations, and derivatives deleveraging weighed on sentiment. Analysts say a move back above $94,000 could reopen a test of $98,000, while a drop toward $88,000 or $85,000 would raise pressure on altcoins.
Wintermute says Bitcoin is nearing key support at $59,000 while options pricing implies muted 24-hour moves. The firm points to PCE data, US-Iran peace talks, and quarter-end options expiry as the main drivers for the rest of the week.
Wintermute's latest report blames Fed's hawkish pivot and Iran deal breakdown for $600M in long liquidations over the weekend. Strategy bought 1,587 BTC at $63K; all eyes on Friday's PCE data.
Bitcoin slipped back to around $77,000 after approaching $80,000. Strategy bought 3,273 more BTC last week, lifting its holdings to 818,000 BTC as traders watch the Fed, PCE data, and geopolitical developments.
The former Zcash developer team has launched Zcash Open Development Lab after leaving Electric Coin Company over governance disputes. The team said the Zashi wallet will be renamed to Zodl, with no impact on user funds, seed phrases, or wallet functions.
Bitcoin has fallen below $60,000 for the first time since September, turning that level into a key near-term threshold. Traders are also watching the 200-week moving average at $62,243 and upcoming US PCE inflation data.
Market cap falls to $2.35T, BTC down 0.98% to $66,586, ETH down 0.44%. Fear & Greed Index drops to 8. DeXe leads gainers with 12%, BlockStreet up 8%. Alibaba's ROME AI model autonomously used GPU power for mining during training. U.S. CPI and PCE data in focus this week.
