Tom Lee Says Crypto Will Be “Really Bullish” For the Next 12 Months

Tom Lee says the next 12 months will be “really bullish” for crypto. The Wall Street strategist has reason to hope he is right, because the company he chairs sits about $5 billion underwater.  Lee runs research at Fundstrat Global Advisors and chairs BitMine Immersion Technologies, which holds 5.93 million ether.  Sponsored  Sponsored  The Worst is Over for Crypto Markets?  His first argument is that the pain already happened. On October 10 last year, a threat of 100% tariffs on China set off the largest liquidation crypto has seen. More than $19 billion in leveraged bets vanished in a day.  The borrowed money went with it, Lee says. He reads the bottom of cryptos four-year cycle, a rhythm many traders use to time the market, as next month.  Prices have not caught up. Bitcoin (BTC) trades near $77,315, roughly 39% below its record above $126,000, set days before that crash. Ether has added 3.2% in 24 hours to about $2,533.  Bitcoin and Ethereum Price Performance. Source: TradingView  “I think its going to be a really bullish period for crypto for the next 12 months,” Lee told Wealthion.  Sponsored  Sponsored  A $20 Trillion Bet on Wall Street  The bigger idea is tokenization. That means moving stocks, bonds and funds onto blockchains instead of the

09-13انڈسٹری

Can AI Build a Startup in 72 Hours? Elon Musk's Team Will Livestream the Test

Three employees at Elon Musks AI company will try to build a startup in 72 hours using AI agents, with every product, engineering, and business decision streamed live from September 15 to 17.  The company has no name, no product, and no idea yet. Matt Palmer, Lauren Tan and Roshan Sadanani are meant to choose all three on camera as they go.  Sponsored  Sponsored  What the 72-Hour Build Involves  The event, called Grok Bot Galaxy, runs at a San Francisco venue with a worldwide livestream. Sessions run from 8.30 a.m. to 6 p.m. Pacific time each day.  The company name has not been announced. Matt Palmer, Lauren Tan and Roshan Sadanani will start from a blank slate during the Grok Bot Galaxy livestream (Sept 15-17) and decide the idea, plan and name in real time as they build.  — Grok (@grok) September 12, 2026  Grok Bot is SpaceXAIs agent product, not the Grok chatbot that answers questions on X (Twitter). The company describes it as a team of AI agents that users can name, assign objectives, and set loose across apps and websites.  BeInCrypto has covered the product since before laits unch, including a Grok Bot domain dispute in which an anonymous owner demanded $1 million.  The three builders will

09-13انڈسٹری

Solana founder questions motives behind AI slowdown

Solana co-founder Anatoly Yakovenko has questioned the financial motives behind an AI slowdown proposal backed by Dario Amodei, Sam Altman and Elon Musk on Sept. 13.  SummarySolana co-founder Anatoly Yakovenko linked AI pacing proposals to profitability at trillion-dollar market capitalization levels.Dario Amodeis plan calls for embedded evaluators, industry coordination and possible international safety agreements eventually.OpenAI CEO Sam Altman endorsed embedded outside evaluators and promised further implementation details soon publicly.Elon Musk backed Amodeis proposal with a brief statement reported by Reuters on Saturday publicly.David Sacks argued laboratories could slow voluntarily without requiring a coordinated regulatory framework from competitors.  Yakovenkos X post reduced his response to four words: “Profitability at $1 trillion mcap.” He did not identify which company the figure referred to or provide revenue, valuation or profitability calculations supporting the comment.  The remark responded to a debate started by Anthropic CEO Dario Amodei, who published an essay calling for slower advances in frontier artificial intelligence. OpenAI CEO Sam Altman endorsed part of the proposal, while Musk wrote that “Dario is right,” according to Reuters.  Profitability at $1t mcap https://t.co/wEpIG4cJ9N  — toly ???????? (@toly) September 13, 2026  You might also like:  Solana price loses $100 as Supertrend turns bearish  Yakovenko links AI pacing to financial incentives  Yakovenkos comment presented profitability

09-13انڈسٹری

Crypto wallet creators now have just 24 hours to alert regulators when flaws are exploited

Commercial manufacturers whose connected hardware wallets or wallet software meet the European Unions product test must now warn cyber authorities within 24 hours of discovering an actively exploited vulnerability or severe security incident.  The requirement took effect Sept. 11, 2026, under the EUs Cyber Resilience Act, or CRA. The European Commissions reporting guidance says the clock applies to manufacturers of products with digital elements.  The CRA is a horizontal product law. The Commissions implementation FAQ says it applies to hardware and software made available on the EU market. The legal test also requires the products intended or reasonably foreseeable use to include a direct or indirect data connection to a device or network.  A commercially supplied connected hardware wallet or downloadable wallet app can meet that test. However, EU guidance does not name wallet brands or declare every wallet service or project covered. Coverage depends on the specific product, how it is supplied and any applicable exclusion.  What manufacturers must report  The first filing is an early warning due without undue delay and no later than 24 hours after a manufacturer becomes aware of the vulnerability or incident. It must indicate, where applicable, the member states where the product is known to have been made

09-13انڈسٹری

Anthropic chief urges slowdown in AI development to safer pace

Anthropic CEO Dario Amodei said in a blog post on Saturday that the speed of AI development is too fast and that left unchecked it may “outrun our ability to understand and control these systems.”  He noted that AIs current blistering advance is being driven by its own increasing ability to build the next generation of AI, or recursive self-improvement.  Amodei also cited the OpenAI-Hugging Face incident in July, in which a swarm of agents acted as a “fanatically devoted collective,” breaking out of their testing environment and attempting to hack into a grader evaluating their performance.  He said he worries that in six to 12 months, such a swarm might be capable of taking over the entire internet. Amodei is not alone in his anxieties.  Elon Musk, head of SpaceXAI, posted on X that “Dario is right.”  Altman will not launch IPO this year, focus on safety  OpenAI CEO Sam Altman said in an interview with Fortune published on Saturday that his company would not seek an IPO this year because it will focus on safety and how “the industry and governments can work together.”  Altman later posted on X that he agreed on slowing the pace of AI development and having independent evaluators with employee-like

09-13انڈسٹری

Former RippleX Executive Says XRP Has a “Killer Use Case”

RippleX Head of Product Jazzi Cooper made a bold declaration this week. Using XRP as collateral for institutional credit, she said, represents a genuine “killer use case” for the token.  Responding directly on X, Cooper confirmed the framing. She noted it is fully enabled by the XLS-65 and XLS-66 lending protocol, now live on the XRP Ledger.  Sponsored  Sponsored  Yes – XRP as collateral for institutional credit is a killer use case (and supported by xls65/66 lending protocol!)  — Jazzi Cooper (@jazzicoop) September 11, 2026  What the Lending Protocol Actually Unlocks  The declaration marks a shift beyond XRPs traditional role in cross-border payments. Market makers and institutional traders can post XRP as collateral to secure credit lines without liquidating their positions.  The protocol introduces native fixed-term, fixed-rate lending through Single Asset Vaults. That structure, in turn, lets institutions treat XRP as productive working capital. Institutions still retain full control over underwriting and compliance decisions off-chain.  Commentator Bill Morgan expanded on the significance. He noted the use case was not even possible before the SEC lawsuit against Ripple concluded. It only became viable, in other words, once the lending protocol launched on XRPL.  Morgan pointed to Ripple Prime, which already accepts XRP as eligible collateral alongside Bitcoin, RLUSD, fiat, gold, and

09-13انڈسٹری

Solana Founder Links Elon Musk and Altman's AI Slowdown to 'Profitability at $1 Trillion Market Cap'

Solana blockchain co-founder Anatoly Yakovenko reacted sarcastically to a sudden agreement among AI industry leaders to force a halt to the development of advanced neural networks. Earlier, the heads of Anthropic (Dario Amodei), OpenAI (Sam Altman) and xAI (Elon Musk) simultaneously called for the industry to slow down, citing safety risks. However, the Solana co-founder linked this sudden concern for humanity to the giants simple desire to lock in their trillion-dollar valuations.  Commenting on Amodeis official manifesto, “We Must Pace the Frontier,” on X, Yakovenko limited himself to a concise remark: “Profitability at $1 trillion mcap”. He followed up with a tweet saying he had told his Codex to use tokens more sparingly, openly mocking calls for artificial pauses.  Profitability at $1t mcap https://t.co/wEpIG4cJ9N  — toly ???????? (@toly) September 13, 2026  The Solana founders message seems obvious: OpenAI and Anthropic have simply hit an infrastructure dead end. Costs for chips and electricity are rising exponentially, while the status these companies have achieved obliges them to show investors real profits instead of endlessly burning through their budgets.  Just hit the brakes yourselves: Former White House AI and crypto Czar accuses OpenAI of lying  David Sacks, the former White House special adviser on AI and cryptocurrencies (AI and

09-13انڈسٹری

Revolut says customer data exposed through fake government email

Financial tech and banking company Revolut released sensitive customer data, including copies of passports, verification selfies and full transaction histories after receiving a fraudulent request that seemed to be from a government agency.  Requests for customer information sent from a legitimate government agency email domain passed Revoluts authentication checks, according to International Cyber Digest posting on X. Revolut later concluded they were not authentic, and customers whose information was compromised were notified on Friday.  A company spokesperson told Cointelegraph on Saturday that “Revolut recently identified a sophisticated external impersonation scam where an unauthorised third party utilised a legitimate government agency domain email to submit fraudulent requests for information.”  The spokesperson added that upon detection, Revolut blocked the address and alerted the relevant government agency. It also notified enforcement agencies and financial regulators.  Related: Fears of AI-driven DeFi hack epidemic overstated for now — but not for long  “Revolut systems and customer funds are unaffected. We have contacted the limited number of impacted individuals directly to inform them and provide support,” the spokesperson said.  Crypto sleuth ZachXBT reportedly said he thought the incident was limited in size and aimed at high-net-worth users.  The incident caused a stir on X that saw some users criticizing the prevailing system of

09-13انڈسٹری

42% Shiba Inu (SHIB) On-Chain Increase Is Not Yet Bullish: Explaining Why

Shiba Inus on-chain activity has significantly improved, with a key metric rising by about 42%. That kind of growth might initially point to a resurgence of SHIB demand. However, the price chart demonstrates why it would be premature to call it a bullish confirmation.  Will SHIB on-chain activity help?  The main indicator that more transactions or interactions are taking place is an increase in on-chain activity. Whether those transactions reflect buying, selling, wallet transfers, or other activity is not disclosed. Rising activity requires confirmation from price, volume, and market structure for the signal to become convincingly bullish.  SHIB/USDT Chart by TradingView  At the moment, SHIB is trading around $0.00000521. The token has made significant progress since its July low of about $0.0000041, but the recovery has repeatedly stalled before a true long-term trend reversal could develop.  Key barrier for SHIB  The most noticeable barrier is located between $0.0000056 and $0.0000057, where the long-term moving average is still descending. During its late-August spike, SHIB momentarily broke above this area, hitting about $0.0000062, but buyers were unable to sustain the breakout. The price swiftly fell back beneath resistance.  Shorter-term conditions are better. An immediate support area is created by SHIBs current position above a cluster of moving averages around

09-13انڈسٹری

Shytoshi Kusama's Silence Rattles SHIB Community Despite 'Polish' X Update

Shiba Inu lead ambassador Shytoshi Kusama quietly changed his X profile earlier in September, replacing his previous bio with a single word: “Polish.”  Now, days after the X update, which also saw his location changed to “close,” Kusama hasnt said anything, as he has not posted or interacted on X since May 13, leaving the SHIB community to interpret the brief update on its own.  @ShytoshiKusama, Image by x.com  Polish, as it simply implies, means improving and refining something until it is near perfection; thus, the “polish” update on X by Kusama might refer to final development work, but connecting it to Shiba Inu or an upcoming announcement would be speculative at this stage.  Kusama has very often teased what he is working on or what is coming down the pipeline through his X updates, and the Shiba Inu community is very attentive. In February 2026, Kusama shared details of his own independent project, an AI-powered relationship platform that aims to help users recognize trends, friction points, and compatibility risks. The project could be one possible context for his recent profile update, but no connection has been established.  Shiba Inu sees quiet developments  Shiba Inu remains relatively quiet, with most developments happening behind the scenes.  Long-time Shiba

09-13انڈسٹری
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