🚀Armstrong: Stablecoins for AI Agents
Coinbase CEO Brian Armstrong stated stablecoin wallets can serve as credit cards for AI agents, enabling autonomous payments in machine-to-machine economy. He noted traditional finance requires human identification, blocking AI agents from accessing AWS resources or paywalls
⚡Bitcoin Drops Below $66K
Bitcoin price fell below $66,000 USDT, down 2.12% in 24 hours, erasing last week's gains. Over $329M in liquidations occurred in 24 hours with $228M long positions liquidated. Oil price surge and Iran conflict triggered risk-off sentiment across markets.
🔥US ETH ETFs Hold 4.7% Supply
Nine spot Ethereum ETFs in the US accumulated nearly 5% of total ETH supply, representing $11.3B AUM according to SoSoValue data. This indicates strong institutional appetite for the world's second-largest digital asset despite broader market volatility.
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