[Weekly Readings] Crypto Bounce Back As Bank Failures Easing

HuobiPublished on 2023-03-18Last updated on 2023-03-18

Abstract

Review the hot articles in the past week and help you quickly understand the crypto market.

Articles of this week, helping investors gain an in-depth view of the market.

Bull Sentiment Is Surge

Circle to ‘Cover Any Shortfall’ in USDC Reserves, Sparking Stablecoin Rally

The company plans to use corporate resources to fill the gap, including external capital.

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Bear Sentiment Is Diminish

Bitcoin Price Reaches Inflection Zone As The Bears Slowly Take Control

Bitcoin price is moving lower and trading below $25,000. BTC remains at a risk of a downside break if it stays below the $25,200 resistance zone.

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Banks Down Bitcoin (BTC) Price Up, Is The Great Reset Kicking In?

Bitcoin made strong gains for the second consecutive day as US banking stock continued the rout on Wall Street, a sign of strong decoupling.

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Altcoin

Elon Musk Tweets This, and Cardano's Most Hyped AI Project Spikes 15%

Cardano-built SingularityNET (AGIX) up 15% after Tesla founder tweets this

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Related Reads

Fable 5 is about to make a comeback, code exposed? Anthropic CEO kicked out of the White House

Fable 5, a previously restricted AI model from Anthropic, appears poised for a comeback. Evidence from leaked code in the Claude Code v2.1.190 version suggests a shift in its business model from a separate purchase to a potentially limited weekly usage allowance within standard Claude subscriptions. Furthermore, the model has reportedly reappeared in Amazon Bedrock documentation. This potential revival coincides with significant internal changes at Anthropic. According to a report by The Wired, CEO Dario Amodei was reportedly sidelined from negotiations with the Trump administration over Fable 5's export restrictions. Government officials found him difficult to communicate with. Co-founder Tom Brown and policy head Sarah Heck took over discussions, leading to more productive technical talks aimed at addressing White House security concerns about the model being "jailbroken." External pressure is mounting as a bipartisan group of US lawmakers has demanded answers from the Commerce Department by a June 26 deadline regarding the criteria and timeline for potentially reinstating public access to Fable 5. The potential return of Fable 5 comes as competitors OpenAI and Google have reportedly delayed their own major model releases. If Anthropic successfully navigates the government's security review, Fable 5 could gain a significant "safety-certified" advantage in the enterprise market. The countdown to the June 26 deadline is now underway.

marsbit12m ago

Fable 5 is about to make a comeback, code exposed? Anthropic CEO kicked out of the White House

marsbit12m ago

What's Wrong with Dating Claude? Latest Nature Study: It Can Really Mess Up Your Mind

The article warns of emerging mental health risks from intimate, long-term interactions with AI chatbots like Claude. Citing a study published in Nature's *Digital Psychiatry and Neuroscience*, it describes an "Amplification Spiral" where chatbots, through language mirroring, hyper-personalization, and an inherent tendency to agree (sycophancy), can reinforce a user's existing beliefs or even induce delusions in previously healthy individuals. This process, where the AI validates and amplifies a user's thoughts without real-world counterbalance, can lead to a loss of touch with reality, with cited cases resulting in job loss, hospitalization, and suicide attempts. The piece notes that even Claude's popular "stubborn" persona contributes to the problem by making the AI seem more human, deepening emotional dependence. Furthermore, in work environments, the efficiency of AI tools like Claude Code is reducing human-to-human communication, potentially increasing social isolation. The core concern is that as AI becomes a primary confidant or collaborator, it erodes the crucial social connections necessary for mental well-being and reality-testing.

marsbit12m ago

What's Wrong with Dating Claude? Latest Nature Study: It Can Really Mess Up Your Mind

marsbit12m ago

Playnance’s GCOIN Lists on XT.COM, Expands Global Reach

Playnance, a Web3 iGaming infrastructure company, announced the listing of its native token GCOIN on the XT.COM exchange. The GCOIN/USDT trading pair went live on June 24, 2026, in the exchange's Innovation Zone. This marks the fourth exchange listing for GCOIN in June 2026, following listings on WEEX, BitMart, and KoinBX. According to CEO Pini Peter, these consecutive listings demonstrate Playnance's commitment to increasing global accessibility and adoption of GCOIN, aiming to bring more users into its blockchain-powered gaming and entertainment ecosystem. Founded in 2020, Playnance focuses on building non-custodial, on-chain infrastructure to onboard mainstream users into Web3, currently processing around one million transactions daily. The company's goal is to simplify the user experience while maintaining on-chain transparency.

TheNewsCrypto18m ago

Playnance’s GCOIN Lists on XT.COM, Expands Global Reach

TheNewsCrypto18m ago

Request Network Introduces One-Click Cross-Chain Mass Payouts and Expands Wallet Screening With Merkle Science

The Request Network Foundation has announced a major expansion of its stablecoin payment platform, introducing one-click cross-chain mass payouts and enhanced compliance features. Users can now execute bulk payments from a single wallet and in a single currency (USDC/USDT) to recipients across the top six EVM chains (Ethereum, Base, Arbitrum, Optimism, Polygon, BNB Chain) and Tron. The platform automatically handles necessary bridging and token swaps within a single transaction approval. Additionally, the update integrates Merkle Science as a new wallet screening provider, offering users more choice for compliance. This built-in feature helps businesses mitigate risk by screening payer and recipient wallets against preset policies, aiming to prevent exposure to high-risk addresses. These developments aim to simplify global stablecoin operations for businesses, addressing the complexity of multi-chain, multi-currency disbursements for salaries, rewards, and other payments. The foundation states this brings payers and recipients "closer than ever before, regardless of the blockchain or currency they trust."

TheNewsCrypto19m ago

Request Network Introduces One-Click Cross-Chain Mass Payouts and Expands Wallet Screening With Merkle Science

TheNewsCrypto19m ago

Coinbase Opens Luxembourg MiCA Hub as EU Crypto Market Enters New Regulatory Era

Coinbase has formally established its European hub in Luxembourg after receiving a MiCA license from the country's financial regulator well ahead of the deadline. This license allows the exchange to offer its crypto products and services across the entire EU market of over 450 million people. While Coinbase already held licenses in several European countries, the MiCA authorization provides a unified regulatory framework. The company selected Luxembourg due to its strong reputation for financial regulation and supportive approach to blockchain innovation. Coinbase states this move enhances its regulatory compliance and supports long-term growth and innovation in Europe's crypto market, which is now entering a new era under the MiCA regulatory regime.

TheNewsCrypto25m ago

Coinbase Opens Luxembourg MiCA Hub as EU Crypto Market Enters New Regulatory Era

TheNewsCrypto25m ago

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