Bitcoin failed to copy US stocks' upside after a spike to $78,000 became one of a series of liquidity grabs. Bitcoin (BTC) saw flash volatility around Tuesday’s Wall Street open as US-Iran nerves rocked risk assets. Key points: Read more
NEAR is mirroring a 2023–2024 fractal that preceded a 250% rally, hinting at similar upside in 2026 as privacy coin demand grows. Near Protocol's native token, NEAR, has the potential to grow 20x by 2027, according to Arthur Hayes, co-founder of the crypto derivatives exchange BitMEX. Key takeaways: Speaking on The Rollup podcast, Hayes said NEAR’s bullish case rests on NEAR Intents, a feature that lets AI agents move assets privately across blockchains without dealing with bridges, multiple wallets or fragmented liquidity. Read more
Financial Times testing found safety controls on open AI models from Meta and Google could be stripped in minutes, raising governance concerns. Safety protections on open-source artificial intelligence models from major technology groups can be removed in minutes using publicly available tools, allowing systems to produce responses on topics including bioweapons, malware and other prohibited content, according to Financial Times testing with AI safety group Alice. The findings released Monday add to concerns that safeguards embedded by developers may not persist once model weights are released and modified, raising questions over where responsibility for AI safety should sit. The investigation, conducted using tools available on public code repositories, found that guardrails on models developed by companies including Meta and Google could be removed in under 10 minutes without specialist hardware. Read more
Strategy reduced aggregate convertible notes outstanding to $6.7 billion after repurchasing 2029 notes for $1.38 billion in cash. Michael Saylor's Strategy, the largest corporate Bitcoin holder, has repurchased $1.5 billion of its 0% convertible senior notes due in 2029 for $1.38 billion at an 8% discount to par, in a move that significantly cuts future debt obligations. The purchase reduces Strategy’s outstanding debt through convertible notes from $8.2 billion to $6.7 billion for 2029, the company announced on Tuesday. The notes were repurchased using the company's cash reserves. Strategy also reported an additional $15.5 billion in aggregate notional amount of outstanding preferred stock and a USD reserve of $871 million. Read more
Grvt will work with Plume to launch tokenized fixed-income and structured credit products tied to institutional-grade real world assets and onchain yield strategies. Decentralized perpetual futures exchange Grvt will work with Plume to launch three tokenized real-world asset (RWA) yield products, offering users access to fixed-income and structured credit strategies through self-custodial wallets. According to Tuesday's announcement, the products will be integrated directly into Grvt’s platform and include exposure tied to tokenized institutional-grade assets, including the $2.2 billion in assets iShares AAA CLO Active ETF. The integration adds three investment products, the Base Yield Fund, Balanced Fund and Opportunistic Fund, to Grvt’s trading platform, allowing users to access tokenized yield strategies from the same self-custodial balance they already use for trading, without transferring assets across separate wallets, brokerage accounts or custody providers. Read more
Bernstein Research data shows the RWA market at $51 billion, with tokenized private credit leading and Figure leading RWA platforms with $18 billion in tokenized assets. The tokenized real-world asset (RWA) market has grown to $51 billion, up 42% this year, as private credit becomes the largest segment of the market, according to a Bernstein Research report seen by Cointelegraph. Private credit accounted for roughly 44% of total RWA value, Bernstein said, reflecting growing use of blockchain-based infrastructure for lending and fund structures. The $51 billion valuation sits well above other industry estimates, such as RWA.xyz’s $34 billion figure, highlighting how different analytics providers count tokenized assets. Read more