Episode 430
📍 Ether (ETH) has fallen over 5% in the past 24 hours, influenced by factors such as its circulating supply surpassing pre-Merge levels and the SEC's delay in listing options contracts for BlackRock's iShares Ethereum Trust.
📍 Despite the bearish performance, analysts note a potential setup for a price bounce as bearish sentiment impacts ETH, with strong over-the-counter demand for ETH that could lead to a surprise bounce once the market stabilizes.
📍 Gold-backed tokens like PAXG and XAUT are set to benefit as major financial institutions raise their gold price forecasts due to growing trade war fears and central bank accumulations, with Citi and UBS issuing increased gold price forecasts.
📍 AI agents are now trading intellectual property rights with each other on the Story Protocol platform, earning crypto for their owners, and turning them into paying customers for tokenized IP rights on the blockchain, with potential applications in the art and entertainment industries.
📍 Christie's has revealed its first auction dedicated to AI art, featuring works created with AI, and challenging the limits of artistic agency, as the art world explores the intersection of creativity and technology.
