Low-risk DeFi, not memecoins, can best sustain Ethereum’s economy, co-founder Vitalik Buterin says

TLDR Bitcoin ETFs recorded their strongest weekly inflows since July, reaching 20,685 BTC. U.S. Bitcoin ETFs contributed nearly 97% of the total inflows last week. The surge in Bitcoin ETF inflows pushed holdings to a new high of 1.32 million BTC. Fidelity’s FBTC product accounted for 36% of the total inflows, marking an 18-month high. [...] The post Bitcoin ETFs Surge with 20,685 BTC Inflows, Marking Strongest Week appeared first on CoinCentral.

The post Headwind Helps Best Wallet Token appeared on BitcoinEthereumNews.com. Google has announced the launch of a new open-source protocol called Agent Payments Protocol (AP2) in partnership with Coinbase, the Ethereum Foundation, and 60 other organizations. This allows AI agents to make payments on behalf of users using various methods such as real-time bank transfers, credit and debit cards, and, most importantly, stablecoins. Let’s explore in detail what this could mean for the broader cryptocurrency markets, and also highlight a presale crypto (Best Wallet Token) that could explode as a result of this development. Google’s Push for Stablecoins Agent Payments Protocol (AP2) uses digital contracts known as ‘Intent Mandates’ and ‘Verifiable Credentials’ to ensure that AI agents undertake only those payments authorized by the user. Mandates, by the way, are cryptographically signed, tamper-proof digital contracts that act as verifiable proof of a user’s instruction. For example, let’s say you instruct an AI agent to never spend more than $200 in a single transaction. This instruction is written into an Intent Mandate, which serves as a digital contract. Now, whenever the AI agent tries to make a payment, it must present this mandate as proof of authorization, which will then be verified via the AP2 protocol. Alongside this, Google has also launched the A2A x402 extension to accelerate support for the Web3 ecosystem. This production-ready solution enables agent-based crypto payments and will help reshape the growth of cryptocurrency integration within the AP2 protocol. Google’s inclusion of stablecoins in AP2 is a massive vote of confidence in dollar-pegged cryptocurrencies and a huge step toward making them a mainstream payment option. This widens stablecoin usage beyond trading and speculation, positioning them at the center of the consumption economy. The recent enactment of the GENIUS Act in the U.S. gives stablecoins more structure and legal support. Imagine paying for things like data crawls, per-task…

The post ‘The world is becoming Internet-First’ — Venture Capitalist appeared on BitcoinEthereumNews.com. The traditional economy is being phased out in advanced countries that are transitioning to an internet-first economy dominated by the tech industry and digital platforms, according to Balaji Srinivasan, a former executive at crypto exchange Coinbase and the author of “The Network State.”  “The legacy economy is being sunset in favor of the Internet economy,” Srinivasan said in an X post on Saturday. He shared a chart showing the price divergence between the “Magnificent Seven” tech stocks, which are enjoying meteoric growth, and the remainder of companies in the S&P 500 index, which have remained fairly flat since 2005.  Magnificent Seven tech stock performance versus the remaining 493 companies in the S&P 500 index. Source: Balaji Srinivasan The S&P 500, a core economic benchmark, is a weighted stock market index of the 500 biggest companies by market capitalization listed on the US stock market. Srinivasan said: “Since the 2008 financial crisis, every transaction and every communication has moved online. But, we are still at the foot of the mountain. The next step is internet economies, communities, cities, and presidencies. The world is becoming Internet-First.” The Magnificent Seven includes consumer tech giants Apple and Microsoft, online marketplace Amazon, the parent company of Google, social media and augmented reality company Meta Platforms, high-performance computer chip manufacturer Nvidia, and electric car maker Tesla.  Technology and internet stocks dominate the US stock market. Source: TradingView Srinivasan popularized the concept of Network States, distributed online communities that he said will one day supplant traditional nation-states.  These network states will require internet-native money in the form of cryptocurrencies and represent a pivotal shift in the human story, much like the shift from agrarian to manufacturing economies during the Industrial Revolution. Related: Crypto isn’t Web 3.0, it’s Capitalism 2.0 — Crypto exec Out with the old and…