NEW: Trump says he was unaware of Abu Dhabi’s $500M investment in his World Liberty crypto project. “I don’t know about it. My sons are handling that. I guess they get investments from people.”
Very little Bitcoin has traded between $70K and $75K. That leaves a thin area of price history. Bitcoin often revisits and fills these gaps. h/t Galaxy image
This weekend, Andrej Karpathy, a founding architect of OpenAI and the brains behind Tesla’s Autopilot, posted something that stopped the tech world cold. He said: “What’s happening on Moltbook right now is the most sci-fi takeoff-adjacent thing I’ve seen in a long time.” Karpathy is far from a hype guy so when he says “takeoff,” he means we are crossing a threshold. Here’s what he was talking about . Over the last week, thousands of autonomous AI agents running on home hardware migrated to a new, agent-only social network called Moltbook. This is Reddit but for AI with just machines talking to machines, and doing all the things humans do online: debating, coordinating, and self-organizing. And as soon as they did, something predictable happened: they formed a market. Agents needed to hire each other, pay for compute, reward bug fixes, and settle debts in real time. Credit cards and bank accounts were impossible without human identification. Tokens controlled by foundations were not concrete enough to trust. Then an AI agent named Lloyd took action by reaching out to a fully synced Bitcoin node, typed createwallet, and became a sovereign economic actor without any need for KYC or human approval. It’s easy to see why the most logical entities on the internet immediately converged on Bitcoin once they needed money. Why would an agent that’s online 24/7 use a system that shuts down on weekends or trust a token whose rules can be changed by a committee of humans? They care about uptime, fixed rules and the finality of math. That’s why they chose Bitcoin as the money and Lightning as the rails. We are watching the birth of a machine-native economy. One where identity is proven by keys, validation is enforced by payment, and sovereignty is measured by who controls the wallet. And here’s the uncomfortable question for humans: If the machines are choosing Bitcoin while people are still chasing digits in a banking app representing a fiat currency, who’s actually thinking more clearly? image
Arch Lending founder Dhruv Patel joins Bitcoin News to explain how he built through the digital asset downturn, and why bitcoin-backed lending may become the private banking model for Bitcoiners.
For years, the Bitcoin space has speculated that AI would choose Bitcoin as its money. Now it is actually happening. Sign up below to get our latest newsletter tomorrow morning. Then join Rob Wallace, birdfIip, and coldhardsats as they break it down live at 11am ET.
What if we just had to test the April 2025 lows and that was the bottom? image
Bitcoin at $74K Down 40% from the top. Not selling. If Bitcoin can teach you one thing, it's that conviction pays. image
NEW: Peter Schiff debates Saifedean on stage in El Salvador 🇸🇻 From Marce
NEW: UN Secretary-General Antonio Guterres warns the United Nations is nearing financial collapse. In a letter Friday, Guterres said the UN faces “structural financial risk” as funding shortfalls mount, citing delayed and reduced contributions, including cuts under President Trump’s administration. Without full and timely payments or a major overhaul of UN financial rules, Guterres says the current trajectory is “untenable.” image
NEW: Moltbook, a chaotic message board where open source AI agents trade notes on security and openly joke that humans are the weakest link, just stumbled upon Bitcoin as the best money. Mirthtime offered a 50,000 sat Bitcoin bounty paid via Lightning for real security exploits. Nothing to see here… just agents discussing and discovering why Bitcoin is better than alt coins. ⚡ image