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Benjamin Cowen: Crypto Hasn’t Been This Cheap Since 2010, But It Might Drop Lower

Benjamin Cowen: Crypto Hasn’t Been This Cheap Since 2010, But It Might Drop Lower

  • Crypto trades 62% below fair value, its deepest discount since 2010, Cowen says.
  • He expects Bitcoin's next window of weakness within two to three weeks.
  • Cowen sees a market cycle bottom forming around November before a fresh bull market.
The Web’s Missing Payment Primitive Didn’t Need Better Tech, It Needed to Ditch Humans 

The Web’s Missing Payment Primitive Didn’t Need Better Tech, It Needed to Ditch Humans 

  • Micropayments died since the 1990s on cognition, not technology.
  • x402 removes the human, not the friction, from the decision.
  • Average x402 payment is 32 cents, not a fraction of a cent.
California Wildfire Bets Expose Polymarket’s Dark Side

California Wildfire Bets Expose Polymarket’s Dark Side

  • Senators want the CFTC to ban prediction market betting on California wildfires.
  • One bet on Palisades Fire containment took $711,587.
  • Polymarket settled it using CAL FIRE's own fire data.
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Using AI to Create Images? Europe Has a New Rule You Must Follow

Using AI to Create Images? Europe Has a New Rule You Must Follow

  • EU chatbots must now tell users they are talking to a machine.
  • Regulators gained powers on August 2 to fine violators up to €35 million.
  • High-risk AI obligations were postponed to 2027 and 2028 days before the deadline.
How Alibaba’s New Qwen3.8-Max Stacks Up Against US AI Giants

How Alibaba’s New Qwen3.8-Max Stacks Up Against US AI Giants

  • Qwen3.8-Max ranked fourth on Arena's coding leaderboard, behind Claude Opus 5 and Kimi K3.
  • Open weights for Qwen3.8-Max and a smaller 27B model arrive next week.
  • Alibaba shares climbed 6.15% to HK$124.20 in Hong Kong on Monday.
Ripple Backs 2 UK Firms to Grow XRPL: What Does XRP Actually Get?

Ripple Backs 2 UK Firms to Grow XRPL: What Does XRP Actually Get?

  • Ripple bought stakes in 2 UK firms, ZILO and Licuido, to grow XRPL.
  • The deals let big funds issue, trade, and borrow against tokens on XRPL.
  • XRPL fees have burned just 14.4 million XRP since 2012, worth $15 million.
Stablecoin Banking Competition Expands Beyond Settlement

Stablecoin Banking Competition Expands Beyond Settlement

  • Stablecoins are gaining ground across payments, payroll, business transfers and settlement.
  • Card issuance, foreign exchange, compliance and account management offer providers greater revenue opportunities and stronger customer relationships.
  • Stablecoin neobanks face growing responsibility as they combine payments, yield, credit and trading within one product.
Robinhood Cleared for UK Crypto, But There Are Major Limits

Robinhood Cleared for UK Crypto, But There Are Major Limits

  • Robinhood U.K. Ltd joined the FCA cryptoasset register on July 31.
  • It can pass crypto orders to others but cannot hold customer coins.
  • A second, stricter UK approval is still needed before October 2027.