Digital asset analytics firm Santiment says crypto whales just added billions of dollars in Bitcoin to their holdings. In a new post on X, Santiment says Bitcoin whales, or those owning 1,000 to 10,000 BTC, now hold the most coins in nearly two months, as the largest crypto asset now trades above $74,000. The firm also says the cohort abruptly accumulated tens of thousands of BTC ahead of the rally. “Whales holding between 1K-10K Bitcoin now hold over 4.25M BTC (21.3% of the supply). This is the most coins they’ve held since mid-February. The 27,652 BTC added Sunday equates to…
Author: Henry Kanapi
A new internal memo from OpenAI’s top revenue executive shows that the ChatGPT creator is escalating its rivalry with Anthropic. Denise Dresser, the newly appointed OpenAI revenue chief, told staff in a Sunday memo that Anthropic’s reported $30 billion run-rate revenue overstates the company’s actual business performance, CNBC reports. Dresser says the figure is inflated by roughly $8 billion because of how Anthropic accounts for revenue shared with cloud partners. “They use accounting treatment that makes revenue look bigger than it is, including grossing up rev share with Amazon and Google.” She contrasts the approach with OpenAI’s own treatment of…
The UK’s AI Security Institute says Anthropic’s latest model has become the first AI system to complete a full end-to-end corporate network attack simulation, raising fresh concerns about the offensive capabilities of frontier AI models. In a new thread on X, the AISI says Anthropic’s Claude Mythos Preview has completed a multi-stage network attack from start to finish. “We conducted cyber evaluations of Claude Mythos Preview and found that it is the first model to complete an AISI cyber range end-to-end. The range simulates a 32-step corporate network attack, from initial reconnaissance to full network takeover. We estimate it would…
The performance gap between American and Chinese artificial intelligence models has nearly vanished, according to Stanford University’s latest research. In its 2026 AI Index Report, Stanford finds that the two countries have been running neck and neck at the top of global AI benchmarks, with the lead changing hands multiple times over the past year. “US and Chinese models have traded the lead multiple times since early 2025. In February 2025, DeepSeek-R1 briefly matched the top US model, and as of March 2026, Anthropic’s top model leads by just 2.7%.” Stanford notes, however, that the scorecard looks different depending on…
A former Morgan Stanley director and Wall Street veteran believes that AI is the catalyst that pushes Bitcoin out of the bear market. In a new Substack post, Jordi Visser says Bitcoin has been trading hand-in-hand with tech stocks over the past three years. He highlights that BTC had to compete for inflows and attention as investors preferred to stay in large-cap tech names rather than own a risky and volatile asset like Bitcoin. “For much of the past three years, Bitcoin was correlated to software and had to compete with short-term yields above inflation. In that environment, investors could…
The head of market research and strategy at Morgan Stanley Wealth Management says the US equity market has found its floor following a peak-to-trough correction of 9% over the past several months. In a new CNBC interview, Dan Skelly pushes back against the prevailing bearish sentiment and notes that the day-to-day volatility obscures a stronger underlying story in the US economy. According to Skelly, investors are looking past the Trump administration’s escalation rhetoric in the Middle East while focusing more on the productivity story happening in the US. “I think the market is starting to get a sense that, at…
The Wall Street legend who called the 2008 housing collapse a key bond market level could pressure US equities into another sell-off. In a new episode of the Real Eisman Playbook, Steve Eisman says surging oil prices and higher interest rates are creating a difficult environment for the S&P 500. According to Eisman, oil threatening to jump back above $100 could trigger renewed inflation fears. “Oil prices jumped above $100 [in Q1], and that created fear that inflation was just around the corner.” Eisman highlights that during times of geopolitical tensions, investors tend to flock to the safety of US…
The chief executive of Cognition AI says traditional interview approaches that try to block AI use are misaligned with how work is actually done today. In an interview with Palantir co-founder Joe Lonsdale, Scott Wu encourages companies to let applicants use AI during job interviews and testing. Instead of restricting tools, he says the focus should shift to how candidates use AI tools to complete tasks. “How do we interview people in a way that we make sure that people aren’t using AI while we’re interviewing them? And I think that has totally flipped. Honestly, I think that was wrong.…
Skybridge Capital’s Anthony Scaramucci believes that the current Bitcoin (BTC) bear market is not changing the crypto asset’s long-term uptrend. In an interview with Scott Melker, Scaramucci acknowledges the depressed sentiment among Bitcoin holders, noting that BTC lost about half of its value from its all-time high recorded last year. According to Scaramucci, the price and the sentiment surrounding BTC may have changed, but the asset did not. “Bitcoin got us to $126,000, so now we feel terrible at $65,000. And the truth is you own Bitcoin. So I owned one Bitcoin before the rally. I owned one Bitcoin during…
Companies adopting AI to cut costs by reducing headcount may be creating a hidden risk that damages their own business, according to a new study. University of Pennsylvania’s Brett Hemenway Falk and Boston University’s Gerry Tsoukalas say firms replacing employees with intelligence tools may be falling into an “AI layoff trap.” According to the researchers, the rapid pace of employee layoffs could ultimately reduce the number of customers that drive corporate revenues. “Displaced workers are also consumers, and when their lost income is not replaced, each round of layoffs erodes the purchasing power all firms depend on. At the limit,…
