News

Jinse Finance reported, citing market news released by Bloomberg analyst Walter Bloomberg: Wolfe Research stated that now is a good time to buy cryptocurrencies on dips. There is currently a clear divergence between bulls and bears in the cryptocurrency market, which is creating a potential buying opportunity. The institution still expects bitcoin's interim bottom to be around $75,000, even after bitcoin rebounds and climbs back above $90,000. However, Wolfe also pointed out that inflows into bitcoin ETFs remain weak, and digital assets overall are still generally under downward pressure. From a technical perspective, the crypto market has returned to a key long-term support area, which has served as a turning point for the market many times in the past. Momentum indicators are improving, and this bitcoin rebound is also seen as constructive. Wolfe believes the next major test is near the 50-day moving average at $101,000, while $100,000 is the main psychological threshold.

ChainCatcher news, according to CoinDesk, the team behind the Axelar network, Interop Labs, announced on Thursday that Axelar has launched the open-source framework AgentFlux. This framework is designed to run artificial intelligence (AI) agents locally, while keeping private keys, trading strategies, and client data outside of the cloud. AgentFlux allows financial companies to deploy "agent-based" automation without sending sensitive information to external infrastructure. AgentFlux is also integrated into Axelar's broader multi-chain strategy. AgentFlux enables a single AI agent to view risks, assess risk exposure, and trade across multiple ecosystems.