Who is buying every Pi dip? The 400M PI whale

One anonymous wallet has spent a year absorbing the supply that everyone else is selling. It is now the largest single holder of PI, nobody has claimed it, and at today‘s price it is sitting on one of the worst trades in the token’s short history.  COMMUNITY UPDATE!!!  400M PI Whale Accumulating Is a Rebound Coming?  Despite heavy sell pressure from daily token unlocks ( 6.5M PI) , on-chain data reveals a whale wallet holding over 400 million PI is actively accumulating.  Technical indicators suggest a potential short-term… pic.twitter.com/4JXIs899Gu  — Evang. Pri????ce Chimezie (@PrinceC99926278) July 7, 2026  Every crypto community has a wallet it watches. Pi Network has $GAS…ODM, and the watching has become something closer to a devotional practice. For roughly a year, this single anonymous address has done the one thing almost nobody else in the Pi ecosystem has been willing to do: buy, relentlessly, into a collapsing price, pulling millions of tokens off exchanges week after week while daily unlocks poured fresh supply into a market that could not absorb it, a dynamic crypto.news examined in its coverage of the supply schedule the whale is fighting. It is now the largest single holder of PI outside the projects own foundation wallets. Nobody knows

07-16

MoonPay acquires Y Combinator-backed crypto deposits startup Glide in all-equity deal

Quick TakeMoonPay has acquired Glide, a Y Combinator-backed crypto deposits startup, in its sixth acquisition announcement of 2026.The transaction was an all-equity deal, with Glides four-person team joining MoonPay, Glide co-founder and CEO Tushar Soni told The Block.  MoonPay has acquired Glide, a startup that lets applications accept crypto deposits from any token, wallet, exchange or card, bringing the startups technology and team into the company.  The transaction was an all-equity deal, Glide co-founder and CEO Tushar Soni told The Block, declining to disclose the size of the deal. The companies began discussing the acquisition late last year, and the transaction has now closed, Soni said.  Glide was founded in 2023 by Soni and Qinyu Tong, who previously worked together on the team that built Robinhoods crypto wallet. MoonPay said Glide is backed by Y Combinator, Titan Fund and other investors, though Soni declined to disclose how much Glide has raised to date. Glide has four employees, including the two co-founders, and all are joining MoonPay, Soni said.  Glide developed technology that lets apps accept crypto deposits without requiring users to manually bridge or swap assets across blockchains, helping reduce onboarding friction. MoonPay said Glide supports deposits and payments across more than 100 tokens

07-16انڈسٹری

Ledger unveils hardware-backed Agent Stack to prevent rogue AI transactions

Quick TakeWith Ledger Agent Stack, users can deploy bots to read balances, suggest transactions, prepare swaps and draft operations.Transaction execution, however, requires human sign-off via a physical hardware device.Notably, Ledgers existing support of OpenPGP means its wallets can also be used to protect API keys and AI agent credentials.  Ledger has launched Ledger Agent Stack, an open-source toolkit that lets AI agents interact with crypto wallets and blockchain tools while keeping humans firmly in control of sensitive actions.  Agents will be able to read balances, suggest transactions, prepare swaps, and draft operations, but will require explicit human sign-off on their physical hardware devices before execution.  The move comes amid a wave of AI integrations in some of cryptos most-used platforms. For instance, MetaMask is rolling out agentic capabilities that will follow a similar safety-first approach by requiring human approval to execute transactions.  Ledger notes that it is preparing for a world where AI agents “become more autonomous.” It is building the capability for its customers to deploy bots, but is taking a relatively conservative approach.  While some wallets are already allowing bots to autonomously execute actions within user-defined rules, Ledger will only let agents propose actions, a move meant to protect users from AI mistakes

07-16انڈسٹری

Silver tumbles as energy-driven inflation fears hit sentiment

Silver (XAG/USD) falls toward $56.70 at the time of writing on Thursday, down 1.85% on the day. The white metal comes under selling pressure as renewed tensions between the United States (US) and Iran drive energy prices higher, reviving concerns about persistently elevated global inflation.  Higher Oil prices are fueling expectations that inflation could remain above central bank targets for longer. This scenario prompts investors to anticipate tighter monetary conditions for an extended period, an environment that is generally unfavorable for non-yielding assets such as Silver.  Geopolitical concerns intensified after US President Donald Trump threatened to expand attacks on Iranian infrastructure if Tehran refuses to return to the negotiating table. Meanwhile, the suspension of crude loading operations at several Iraqi terminals following a drone-related incident has heightened fears of global Oil supply disruptions, providing additional support to energy prices.  At the same time, recent US inflation data is helping to limit Silvers downside. The latest Consumer Price Index (CPI) and Producer Price Index (PPI) reports for June showed a further moderation in price pressures, prompting markets to scale back expectations of additional monetary tightening by the Federal Reserve (Fed).  According to the CME FedWatch tool, the chance of a Fed interest rate hike at

07-16انڈسٹری

Bitcoin or AI? CZ says only one protects against inflation

Binance co-founder Changpeng Zhao has weighed into the growing Bitcoin versus artificial intelligence debate as investors compare two of the markets largest growth themes.  In a July 16 post on X, Zhao offered a direct distinction between the two. “AI is great, but it does not protect you against inflation. Bitcoin does.” His comment presents Bitcoin as monetary protection rather than treating AI and crypto as competing technologies with the same purpose.  AI is great, but it does not protect you against inflation.  Bitcoin does.  — CZ ???? BNB (@cz_binance) July 16, 2026  CZ draws a line between Bitcoin and AI  Zhaos latest comment comes weeks after he identified artificial intelligence as one factor behind weaker crypto market conditions in 2026. As previously reported by crypto.news, he said new industries such as AI had attracted some speculative capital that might otherwise have entered digital assets.  However, Zhao has not taken a negative position on artificial intelligence itself. In May, he said he preferred investments in the infrastructure supporting AI, including data centers, computing systems and energy. His investment activities have also remained focused largely on Web3, according to earlier crypto.news coverage.  AI investment competes with crypto for capital  The debate has gained attention as major AI companies attract large

07-16انڈسٹری

Autonomous AI agent economy faces infrastructure gaps: Visa, Artemis

Artificial intelligence (AI) agents are posing a challenge to the incumbent global card payments infrastructure that is struggling to process high-frequency micropayments, according to a joint report released by payments giant Visa and investment thesis platform Artemis.  The joint report published Wednesday found that traditional cards were built for human commerce with low-frequency transactions, which is insufficient for AI agents, which need infrastructure with near-zero fees and faster settlement to make agentic micropayments commercially viable.  New infrastructure is increasingly necessary since AI agents crossed a key capability threshold in mid-2025, enabling them to discover unfamiliar APIs, evaluate prices and decide on autonomous payments.  The report found that AI agents are initiating a foundational change in commerce, but the current infrastructure gaps are limiting their mainstream adoption.  Australian crypto exchange Swyftx earlier this week said that AI-enabled microbusinesses could drive an additional $262 billion in stablecoin volume by 2033, via AI-native payments settled in stablecoins, based on an assumed adoption rate of about 33%.Machine-native micropayment requirements. Source: Artemis, Visa  Some agentic payment standards are already showing signs of user adoption, such as the x402 payment protocol developed by Coinbase.  The x402 processed $15 million in adjusted volume across over 109 million adjusted transactions since it was launched

07-16انڈسٹری

FATF urges faster crypto AML enforcement as stablecoin crime increases

The Financial Action Task Force (FATF) warned that criminals are increasingly exploiting stablecoins for illicit finance, with most identified onchain criminal activity now involving the dollar-pegged cryptocurrencies.  In its latest report published Thursday, the global anti-money laundering watchdog said criminal networks have also begun developing proprietary stablecoins designed to resist freezing and asset seizures.  The FATF urged jurisdictions to accelerate implementation of crypto AML standards as illicit actors exploit regulatory gaps.  The findings come from the FATF‘s latest annual review of countries’ implementation of its AML standards for cryptocurrencies. While 83% of surveyed jurisdictions have adopted the Travel Rule into law, up from 73% a year earlier, FATF said many have yet to translate those legal frameworks into effective supervision and enforcement.  The FATF Travel Rule requires financial institutions and virtual asset service providers to share sender and receiver information for cross-border payments and crypto transactions above a set threshold — with a baseline of $1,000 or 1,000 euros — to combat money laundering and terrorist financing.  The report also warned that jurisdictions continue to struggle with offshore crypto service providers and assessing risks associated with DeFi, which it said could become a growing regulatory blind spot.

07-16انڈسٹری

Zamas confidential USDC vault climbs to No. 8 on Morpho

Zama says a lending vault that accepts only confidential USDC has grown into one of the largest USDC vaults on Morphos Ethereum deployment, weeks after opening to depositors.  According to a July 16 post from Zama, the Steakhouse Confidential Prime USDC vault held $23.23 million at Ethereum block 25,544,806. The company said that placed it eighth by total deposits among Morpho V1 and V2 USDC vaults on Ethereum. The ranking and deposit figure reflect Zamas stated snapshot and can change as users deposit or withdraw funds.  https://t.co/9p5gqQ7EEu  — Zama (@zama) July 16, 2026  Confidential USDC moves into established DeFi infrastructure  The Steakhouse Confidential Prime USDC vault opened on June 23. Steakhouse Financial curates the strategy, Morpho provides the lending infrastructure, and Zama supplies the confidentiality technology.  Users deposit confidential USDC, or cUSDC, rather than standard USDC. Zama uses Fully Homomorphic Encryption to keep individual balances and transaction amounts encrypted while allowing the assets to interact with applications on Ethereum. Deposits ultimately enter a strategy using Morpho lending markets backed by collateral including cbBTC, WBTC and wstETH.  Zama points to $23.23M TVL as a demand signal  Zama described the vaults growth as evidence that users are willing to place capital into confidential financial infrastructure. The company said “capital is

07-16انڈسٹری

Bitcoins old coins have gone quiet and $69,000 could reveal whether the new holders crack

Bitcoin aged one year or more moved on-chain in extraordinary volume during 2024 and 2025, according to Galaxy Research charts shared by analyst Alex Thorn.  So far in 2026, the total is less than half of 2025s figure, marking a sharp slowdown after two years of near-record movement among older coins.  Thorn reads the slowdown as evidence that Bitcoins “Great Distribution” has largely run its course, referring to the wave of old, dormant supply that moved during the rally. However, the data alone cannot establish that every transfer placed those coins in new hands.  Recent history offers only 2017, itself the peak of a major bull cycle, as a rival in terms of the extent to which aged supply was awakened during 2024 and 2025.  That reading comes with a real caveat, since Galaxys chart excludes exchange and custodial churn, which considerably improves the signal. Coins moving on-chain still only confirm activity on-chain.  A sale requires a transfer of beneficial ownership, evidence that lives off-chain in ways only investors and custodians can verify.  Coinbases roughly $69.5 billion internal wallet migration shows why that distinction and Galaxys filtering matter. Large internal reshuffles can distort raw age-based readings, so the chart should be read as evidence of older

07-16انڈسٹری

ARK pushes back against a16z‘s ’TradFi wants blockchain, not DeFi claim

ARK Invest‘s director of research pushed back against investor a16z crypto’s thesis that traditional finance will adopt blockchain through permissioned infrastructure rather than decentralized finance (DeFi).  Lorenzo Valente said in a Wednesday X post that public blockchains have already outperformed private blockchain initiatives, citing the growth of tokenized assets on Ethereum and other open networks.  He added that crypto-native firms such as Circle and Coinbase, rather than incumbent financial institutions, are best positioned to build the next generation of financial infrastructure.  A day earlier, a16z crypto argued that traditional financial institutions are not embracing DeFi but selectively adopting blockchain technology that fits existing compliance, governance and operational requirements.  The venture capital firms X post said banks and asset managers will build “programmable financial infrastructure” that borrows blockchain primitives such as tokenization and atomic settlement while remaining permissioned and institutionally controlled.  Sentora co-founder Jesus Rodriguez also pushed back against a16z‘s thesis, saying institutions are likely to adopt DeFi’s underlying infrastructure while layering compliance, custody and other enterprise controls on top.

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