A newly minted insider trader suffered a $1.3 million loss from closing out his BTC positions, while his 40,000 ETH holdings were showing a floating loss of $2.05 million.

PANews reported on September 29 that Onchain Lens cited on-chain data and reported that the Royal Government of Bhutan (Druk Holdings) transferred 2011.23 BTC to a new wallet, which is equivalent to approximately US$230 million at the current price. The trend indicates that it may be preparing to list on the exchange.

The post It’s Not A Bubble, Because AI Is Already Running The Markets appeared on BitcoinEthereumNews.com. Opinion by: Saad Naja, Founder and CEO at PiP World While the world debates whether AI is the next dot-com bubble, chasing valuations rather than implications, they’re missing the underlying innovation story. The same AI infrastructure fueling trillion-dollar bets is already rewriting how money moves. AI is no longer an investment theme. It’s the market itself.  What few noticed is that the same AI infrastructure driving the headlines is already reshaping the markets from within. The invisible battle happening behind the candlesticks isn’t bulls and bears anymore; it’s between self-learning AIs that never sleep.  Markets aren’t just humans using algorithms. They’re autonomous swarms fighting for milliseconds. Agents watch every market 24/7, spotting risks, debating strategies and executing without hesitation.  The next traders aren’t humans Recent breakthroughs in AI and blockchain acceptance have created the perfect conditions for agentic markets to flourish. AI provides cognition; meanwhile, blockchain supplies trust, verification and payment rails. This offers the medium for AI agents to transact, prove, and exchange value freely.  AI has crossed the chasm from stock picker to near-autonomous day trader. It learns and acts faster than any human. It spots what humans miss, predicts the move before it happens and never second-guesses itself. It’s the ultimate insider, without inflaming the SEC. It’s early days for agentic AI in trading, but make no mistake — it’s here and already moving the markets while most traders sleep. Agentic trading even in freefall During the biggest crypto flash crash on Oct. 10, while the rest of the crypto market was in freefall, AI agents did the opposite. They stayed calm, shorted the chaos, and ended the week up 40%. They gave us a glimpse into the future of markets. One where the AI agents don’t just follow code, they respond like real traders.  Algorithmic Trading…

The post Wormhole Jumps 11% on Revised Tokenomics and Reserve Initiative appeared on BitcoinEthereumNews.com. Cross-chain bridge Wormhole plans to launch a reserve funded by both on-chain and off-chain revenues. Wormhole, a cross-chain bridge connecting over 40 blockchain networks, unveiled a tokenomics overhaul on Wednesday, hinting at updated staking incentives, a strategic reserve for the W token, and a smoother unlock schedule. The price of W jumped 11% on the news to $0.096, though the token is still down 92% since its debut in April 2024. W Chart In a blog post, Wormhole said it’s planning to set up a “Wormhole Reserve” that will accumulate on-chain and off-chain revenues “to support the growth of the Wormhole ecosystem.” The protocol also said it plans to target a 4% base yield for governance stakers, replacing the current variable APY system, noting that “yield will come from a combination of the existing token supply and protocol revenues.” It’s unclear whether Wormhole will draw from the reserve to fund this target. Wormhole did not immediately respond to The Defiant’s request for comment. Wormhole emphasized that the maximum supply of 10 billion W tokens will remain the same, while large annual token unlocks will be replaced by a bi-weekly distribution beginning Oct. 3 to eliminate “moments of concentrated market pressure.” Data from CoinGecko shows there are over 4.7 billion W tokens in circulation, meaning that more than half the supply is yet to be unlocked, with portions of that supply to be released over the next 4.5 years. Source: https://thedefiant.io/news/defi/wormhole-jumps-11-on-revised-tokenomics-and-reserve-initiative