Latest news with #Bitcoin-based
Associated Press
27-05-2025
- Business
- Associated Press
Colle AI Amplifies Bitcoin Use to Fuel Cross-Chain NFT Distribution Efficiency
Enhanced Bitcoin capabilities enable faster, more efficient NFT creation, transfer, and automation across multichain ecosystems Singapore, Singapore--(Newsfile Corp. - May 27, 2025) - Colle AI (COLLE), the multichain AI-powered NFT platform, has expanded its Bitcoin integration to boost the speed and efficiency of cross-chain NFT distribution. This strategic enhancement allows creators to leverage Bitcoin's network strength while maintaining seamless interoperability with other major chains. [ This image cannot be displayed. Please visit the source: ] Scale the NFT creation with Colle AI's fast, intelligent multichain platform. To view an enhanced version of this graphic, please visit: The updated infrastructure improves asset routing and wrapping for Bitcoin-based NFTs, enabling faster transfers and smoother interaction with Ethereum, Solana, BNB Chain, and XRP. With Colle AI's real-time automation engine, creators can now design and launch NFTs backed by Bitcoin while enjoying intelligent deployment logic and reduced operational complexity. Colle AI's intelligent backend optimizes UTXO-based handling and ensures consistent asset behavior across networks. This improvement simplifies the technical requirements of Bitcoin-powered NFTs, giving creators and developers the tools to scale projects with speed and precision. By amplifying Bitcoin's role in its multichain system, Colle AI reinforces its commitment to efficient, AI-driven NFT creation—bringing together performance, accessibility, and innovation across the evolving Web3 landscape. About Colle AI Colle AI leverages AI technology to simplify the NFT creation process, empowering artists and creators to easily transform their ideas into digital assets. The platform aims to make NFT creation more accessible, fostering innovation in the digital art space. Media Contact Dorothy Marley KaJ Labs +1 707-622-6168 [email protected] Social Media Twitter Instagram To view the source version of this press release, please visit
Finextra
13-05-2025
- Business
- Finextra
Unlocking Payments in Bitcoin: What Does the Next Evolution in DeFi Look Like?: By James Strudwick
No matter how big, institutionalised, or mainstream crypto becomes, Bitcoin remains central to the entire movement. Even today, it's still the most recognised, widely held, and deeply trusted digital asset in the world. While its popularity and brand recognition continue to dwarf its competitors, Bitcoin's utility has remained somewhat limited. Until now. Since its creation by the enigmatic Satoshi Nakamoto, Bitcoin which was originally meant to be digital cash, has largely been treated as digital gold. But this positioning places unnecessary limits on one of the most powerful assets in the crypto space. There's no reason Bitcoin shouldn't be a core part of the DeFi ecosystem, not just as a store of value, but as a medium for global, permissionless payments, as it was originally meant to be. Reducing Bitcoin to a passive asset misses its greater potential as a building block for innovative financial primitives. Fortunately, change is on the horizon. From Dormant to Dynamic: Unlocking Bitcoin's Liquidity Today, trillions in Bitcoin lie idle – locked in wallets, collecting digital dust. But unlocking this liquidity presents a huge opportunity for Bitcoin holders and the broader DeFi landscape. Imagine a world where users can borrow, lend, earn yield, and participate in DeFi protocols directly with Bitcoin. This would offer access to a robust, trustless, decentralised asset class – leveraging Bitcoin's strong monetary foundations to power the next wave of innovation in finance. A Playground for Developers and Founders Bringing together Bitcoin's stability with the speed and programmability of smart contracts unlocks entirely new possibilities for developers and founders alike. We're not talking about clones of existing DeFi protocols. This is an opportunity to build new primitives that honour Bitcoin's ethos while introducing powerful new mechanisms. What could native yield on Bitcoin look like? How could Bitcoin-backed assets reshape collateral markets? And what would it mean to bring composable, Bitcoin-based stablecoins into the fold? These are the questions developers should be asking. The answers will redefine what 'Bitcoin DeFi' really means. The Promise of Permissionless Commerce It's no exaggeration to say that unlocking Bitcoin's real-world utility could reshape global commerce for the better. Right now, Bitcoin is often used in underbanked regions as a hedge against local currency instability – a store of value in economies where financial inclusion is limited. That alone is a powerful use case. But Bitcoin has the potential to do far more. It could serve as a payment rail for stablecoins, or act as a foundational layer for entirely new decentralised marketplaces. This would enable users in emerging markets to access financial tools that are fast, transparent, and free from the grip of centralised intermediaries. In this context, Bitcoin becomes more than an asset. It becomes a financial lifeline, a backbone for open, borderless commerce and deeper inclusion. Moving Beyond the Basics of Privacy with Bitcoin A vastly underexplored benefit of making Bitcoin programmable is the design space for privacy. Historically, privacy on Bitcoin and Ethereum has been limited due to constraints at the base layer and a lack of computational capacity. But as Bitcoin becomes interoperable with more advanced computing environments, new possibilities for privacy emerge. We're no longer limited to mixer-style tools like Tornado Cash. Instead, we can begin building robust, decentralised privacy protocols – systems capable of supporting everything from anonymous payments to confidential DeFi applications, all powered by Bitcoin. This isn't just an upgrade – it's a leap forward in what private, trustless finance can look like. The Next Evolution of Bitcoin Is Underway For too long, Bitcoin's narrative has been one of preservation: a hedge, a vault, a long-term store of value. It has acted as a safe bet for storing value; never creating it But that's about to change. Bitcoin is evolving into an engine for decentralised innovation – enabling yield generation, real-time payments, inclusive access to financial tools, and privacy built into the fabric of the ecosystem. The age of simply holding Bitcoin is coming to an end. The time has come to use it – and to use it well.
Yahoo
09-05-2025
- Business
- Yahoo
Bitcoin Tops $102K for First Time Since January: ETFs in Focus
Bitcoin surged past the $102,000-mark for the first time since January, buoyed by growing optimism around U.S. trade negotiations, Coinbase's COIN Deribit Acquisition, and soaring institutional interest. Bitcoin is up over 7% for the week as Trump pushed for trade deals. Bitcoin-based exchange-trade funds (ETFs) like Wisdomtree Bitcoin Fund BTCW, Coinshares Valkyrie Bitcoin Fund BRRR, Fidelity Wise Origin Bitcoin Fund FBTC, iShares Bitcoin Trust IBIT, Grayscale Bitcoin Trust ETF GBTC and Invesco Galaxy Bitcoin ETF BTCO have been hovering around a three-month high. Let's delve a little deeper. President Trump's announcement of a new trade agreement with the UK and his upbeat comments on future negotiations with China spread cheers around the investing world and the risk-on sentiments. Trump introduced a new US-UK trade deal on Thursday, describing it as a major step toward increased market access, worth billions of dollars, for American products, especially in agriculture. The agreement includes expanded opportunities for U.S. exports of beef, ethanol and other farm goods. Secretary Bessent stated that the upcoming discussions would focus on de-escalating tensions. The news was enough to boost market sentiment across risk assets, including Bitcoin. Boosting optimism further, Coinbase COIN announced its $2.9 billion acquisition of crypto options exchange Deribit. The deal was viewed as a vote of confidence in the crypto sector and helped push Bitcoin higher. Meanwhile, Coinbase came up with quarterly earnings of $1.94 per share, beating the Zacks Consensus Estimate of $1.85. The company posted revenues of $2.03 billion in the quarter, missing the Zacks Consensus Estimate by 4.12%. Bitcoin had previously dropped to $75,000 following Trump's April 2 'Liberation Day' tariff announcement, which shocked markets. However, the asset has rebounded sharply as risk-on sentiment improved and equity markets stabilized. Standard Chartered's Geoff Kendrick, who previously forecast Bitcoin hitting $120,000 in Q2, now says that target might be too low, citing a surge in institutional inflows and capital reallocation away from U.S. assets, as quoted on CNBC. Kendrick noted the evolving narrative around Bitcoin. Once linked to risky assets and later seen as a strategic hedge, Bitcoin is now primarily driven by the sheer volume of inflows. U.S. spot Bitcoin ETFs alone have seen $5.3 billion in inflows over the last three weeks. Kendrick reaffirmed his longer-term target of $200,000 by year-end 2025, driven by asset diversification and continued accumulation by 'whales.' Institutional interest continues to support Bitcoin's rally. Kendrick pointed to prominent institutions entering the space, including MicroStrategy's MSTR continued Bitcoin accumulation, Abu Dhabi's sovereign wealth fund investing in iShares Bitcoin Trust (IBIT), and the Swiss National Bank purchasing MicroStrategy shares. With MicroStrategy often viewed as a proxy for Bitcoin, these moves signal deepening institutional conviction. MSTR shares rose 5.6% on May 8, 2025. Defiance Daily Target 2x Long MSTR ETF MSTX surged 11.5% on May 8 and hit a three-month high. Bernstein analyst Gautam Chhugani reported that roughly 80 companies now hold Bitcoin on their balance sheets — collectively owning about 3.4% of total BTC supply. He highlighted this as a sign of growing long-term support from corporate treasuries, as quoted on Yahoo Finance. Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report MicroStrategy Incorporated (MSTR) : Free Stock Analysis Report Coinbase Global, Inc. (COIN) : Free Stock Analysis Report This article originally published on Zacks Investment Research ( Zacks Investment Research
Associated Press
29-04-2025
- Business
- Associated Press
Atua AI Strengthens Bitcoin-Based Systems to Advance Secure AI Workflow Automation
Leveraging Bitcoin's Security to Anchor Trust, Stability, and Resilience in Decentralized AI Operations Singapore, Singapore--(Newsfile Corp. - April 29, 2025) - Atua AI (TUA), the multichain AI-powered productivity platform, has reinforced its Bitcoin-based infrastructure to enhance the security and reliability of AI workflow automation. This expansion leverages Bitcoin's unparalleled network integrity to anchor critical AI-driven processes across decentralized ecosystems. [ This image cannot be displayed. Please visit the source: ] Bitcoin-backed AI systems driving trust and transparency across Web3 To view an enhanced version of this graphic, please visit: By strengthening Bitcoin-backed validation systems, Atua AI enables tamper-proof checkpointing, secure task verification, and immutable audit trails for AI-generated outputs. This is critical for workflows that involve financial automation, on-chain governance, smart contract execution, and high-value content generation across multichain operations. Core modules like Chat, Writer, and Classifier now benefit from deeper Bitcoin-based anchoring, ensuring that every AI action and decision can be traced, validated, and securely referenced within decentralized ledgers. Enterprises gain confidence in the authenticity and transparency of their AI operations, essential for regulatory compliance and operational integrity in Web3. Atua AI's investment in Bitcoin-based system enhancements reinforces its commitment to combining decentralized trust architecture with scalable, intelligent automation. The platform continues to push the standard for secure, verifiable AI tools that drive innovation across blockchain ecosystems. About Atua AI Atua AI offers AI-powered productivity and creativity tools in the Web3 space. Its features include Chat, Writer, Imagine, Voiceover, and Classifier-all designed to empower users with intelligent, decentralized solutions for content creation, coding, analysis, and more. Media Contact Dorothy Marley KaJ Labs +1 707-622-6168 [email protected] Social Media Twitter Instagram To view the source version of this press release, please visit
Yahoo
26-04-2025
- Business
- Yahoo
Veteran investor's fund makes eye-popping $2.4M Bitcoin prediction
The Big Ideas 2025 study from ARK Invest projects Bitcoin's value in 2030 at roughly $500,000 in the bear case, $1.2 million in the base scenario, and up to $2.4 million in the bull case. The model underpinning ARK's views relies on six major sources of capital imports, and it is driven by assumptions of total addressable market (TAM) and varied rates of penetration. The analysis by the firm highlights institutional investment — spot Bitcoin ETFs in particular — as the biggest driver in the bull case, contributing 43% of total capital inflows. The "digital gold" narrative stays the biggest driver in the bear and base scenarios, though. Other reasons include corporate treasury allocations, rising market investors looking for a safe refuge from inflation, nation-state treasuries potentially using Bitcoin as a strategic reserve, and the expansion of Bitcoin-based on-chain financial services. With the exception of Bitcoin's on-chain financial services, which are expected to grow at a compound annual growth rate (CAGR) of up to 60%, ARK projects a cautious 3% CAGR for the TAMs of most contributors. The investment firm also emphasizes the fixed supply of Bitcoin, projected to reach around 20.5 million coins by 2030, as a major determinant of value increase. ARK Invest thinks that Bitcoin's future price targets are justified by its increasing role as a global financial asset that is receiving capital inflows from numerous avenues. It's being considered a store of value, especially in developing countries where citizens face inflation and currency devaluation. The spread of nation-state adoption, starting with nations such as El Salvador and Bhutan, also recently announced by President Donald Trump in the U.S., reinforces the bull case ARK is assuming. Furthermore, growing corporate adoption of Bitcoin and the growth of on-chain financial services such as the Lightning Network and WBTC are further boosting the capital potential of Bitcoin. These dynamics, Ark says, lend their forecast structural validity. As per Kraken's price feed, Bitcoin was trading at $95,105.46 at press time.
