The rise of AI agents is likened to the emergence of corporations in the 19th century, with potential for significant impact across industries, according to Bitwise CEO Hunter Horsley. As interest in AI agents grows, 2025 is anticipated to be a pivotal year, with innovations like AIXBT gaining traction. However, Real Vision’s Raoul Pal cautions that current AI agents are merely bots, suggesting a more advanced evolution is on the horizon.
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0 posts last weekBitcoin Faces Critical Resistance at 62000 to Avoid Major Correction
Bitcoin is at a critical juncture, needing to surpass $62,000 to avoid a potential drop back to $49,000, as noted by analysts. Currently trading around $60,691, it has not reached the $62,000 mark since early August. Traders are divided, with some viewing the recent price action as a buying opportunity, while others warn of a deeper correction if resistance is not cleared.
read moreBitcoin ETF Approval: A Buy or Sell-the-News Event?
Experts anticipate the imminent approval of spot Bitcoin ETFs by the SEC. However, opinions differ on whether this will be a buy or sell-the-news event for Bitcoin prices. Alex Becker, CEO of Hyros, believes it will trigger a steady flow into the asset, while Senior Analyst Vetle Lunde from K33 Research predicts a 75% chance of it being a sell-the-news event due to potential profit-taking from short-term traders.
read moreBitcoin ETFs Listed on DTCC: Potential Impact on Market Prices
The recent listing of WisdomTree and VanEck’s Bitcoin ETFs on the Depository Trust & Clearing Corporation (DTCC) has sparked speculation about potential price fluctuations for Bitcoin, ranging between $35,000 and $55,000. The market is divided, with some predicting a ‘sell the news’ scenario leading to a short-term price drop, while others anticipate a bullish surge following the ETF approval. At the time of writing, Bitcoin’s price stands at $46,599.59, reflecting its resilience in the evolving market. The final decision on the ETF approval by the U.S. Securities and Exchange Commission (SEC) could potentially reshape the Bitcoin market’s future.
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