The promising BTC fair-value strategy lost its edge, with all tested approaches now in the red, highlighting the challenges in AI-driven trading.
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Week Four — A viral “100x trade” strategy, tested 13,000 times. It loses.
Thorsten Meyer AI says a simulated Polymarket strategy inspired by a viral 50x trade lost money across about 13,000 test windows.
Japan’s SBI, Rakuten to sell crypto investment trusts developed in-house
SBI Securities and Rakuten Securities plan to start selling cryptocurrency investment trusts, marking a significant step in Japan’s evolving crypto market amid regulatory developments.
Bit Digital reports 14% revenue drop in Q1, driven by lower ETH staking rewards
Bit Digital reports a 14% revenue decline in Q1, primarily caused by decreased Ethereum staking rewards, impacting its profitability and investor outlook.