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BTC $62,852.41 +0.33%
ETH $1,768.24 +0.68%
BNB $571.20 -0.13%
XRP $1.12 -0.13%
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TRX $0.3244 +0.28%
DOGE $0.0761 -1.47%
ADA $0.1918 +7.79%
BCH $239.01 +5.49%
LINK $7.91 -0.41%
HYPE $69.01 -3.96%
AAVE $87.72 -0.83%
SUI $0.7443 -2.29%
XLM $0.2019 -2.34%
ZEC $456.07 -1.54%

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Tim Draper responds to rumors of on-chain transfers: denies transferring Bitcoin, target price remains at $250,000

According to Cointelegraph, early Bitcoin investor and billionaire Tim Draper denied recent rumors about transferring a large amount of Bitcoin and stated that he "has not used any BTC assets."Previously, the blockchain analysis platform Lookonchain cited Arkham data indicating that a "wallet possibly related to Draper" transferred about 1,000 BTC, worth approximately $62 million, to Coinbase Prime, attracting market attention.The Arkham platform had labeled the related address as "Tim Draper" and noted that the wallet has a long interaction history with Coinbase Prime, but this label is based on AI inference, with limited confidence, and the true ownership cannot be confirmed.Tim Draper stated that the related claims are untrue and reiterated his long-term view: Bitcoin will reach a target price of $250,000 within a year. Records show that Draper purchased nearly 30,000 BTC for about $18.7 million in 2014, with an average price of about $632, which is currently worth about $1.9 billion, making him one of the earliest well-known institutional investors in Bitcoin.Meanwhile, Draper's $250,000 target price has been reiterated multiple times since 2018, but the timeline has continued to be pushed back, while Bitcoin's recent peak was about $126,080 (October 2025). The market still shows significant divergence regarding future trends.

first_img The expansion of the head encryption VC investment landscape extends to cutting-edge technology sectors such as AI and robotics

According to The Block, influenced by the maturation of the crypto market and the rapid development of emerging technologies, several leading crypto venture capital firms are shifting their investment focus from the pure crypto sector to a broader "frontier technology" track, involving AI, robotics, fintech, and biotechnology.It is reported that Framework Ventures and Haun Ventures have recently raised $400 million and $1 billion funds respectively to support cross-domain layouts; Paradigm is planning to raise up to $1.5 billion for a frontier technology fund; and the former Binance incubator YZi Labs has also ventured into the fields of AI and biotechnology.Industry investors analyze that the core reasons for this strategic shift are the demand for capital deployment brought about by the expansion of fund sizes, the decrease in high-quality pure crypto projects, and the increasing integration of adjacent technologies such as blockchain and AI. Some venture capitalists predict that as cryptocurrencies gradually integrate into a broader technology ecosystem, the exclusive label of "crypto VC" may gradually fade, and the market will ultimately differentiate into large multi-strategy investment funds and a few vertical investors focused on digital assets. However, some institutions like a16z Crypto and Dragonfly still insist on deepening their investment strategies in the pure crypto sector.

PhotonPay releases the "2026 Global Business White Paper on Gaming: From Traffic Growth to Revenue Realization"

Focusing on the next-generation global payment operating system driven by stablecoins, PhotonPay today officially released the "2026 Global Game Operation White Paper: From Traffic Growth to Revenue Realization." The report reveals a significant pain point in the industry that is severely eroding the profits of global game publishers: despite the top 100 mobile games worldwide capturing 57% (approximately $46.6 billion) of the mobile market revenue, the extreme fragmentation of backend payment channels is causing a substantial loss of transactions globally, leaving countless overseas game developers in the awkward position of "having revenue but unable to cash out."To address this pain point, PhotonPay has launched a multi-route aggregated payment network that can automatically convert players' local fiat currency payments into compliant on-chain stablecoins at the backend. This solution achieves second-level clearing and real-time settlement in over 200 countries and regions worldwide without altering the players' native payment experience.It is reported that PhotonPay is a stablecoin-driven global financial infrastructure operating system. Designed for modern enterprises and global platforms, PhotonPay empowers businesses to achieve seamless fund collection, exchange, and settlement between fiat currency and stablecoins through a single, compliance-first interface. The service network of PhotonPay covers over 200 countries and regions worldwide and holds relevant financial licenses in core global markets, aiming to reshape the efficiency boundaries of global payroll and global payments in the digital asset era.

Zhao Changpeng: We are no longer operating the trading platform; BNB Chain is developing a new version that is faster, cheaper, and has more privacy controls

Binance founder Zhao Changpeng (CZ) participated in an exclusive interview on the Galaxy Brains podcast with Galaxy Research Director Alex Thorn. CZ stated that he is no longer operating the trading platform, allowing him more time to communicate with developers, and he is excited about some new features of BNB Chain. He mentioned that BNB Chain is developing the next version, which will be faster, cheaper, and include more privacy controls.CZ also advised blockchain developers not to make major upgrades during a bull market, but to push forward significant updates during the quieter times of a bear market. CZ said that he was skeptical about RWA (Real World Assets) about a year to a year and a half ago, uncertain whether the related assets would be traded or could develop. However, the speed of RWA's development surprised him, as stablecoins, oil futures, AI stocks, and others have gained good acceptance in the crypto community. This indicates that many people globally have been looking for access to these assets.Crypto should not be seen as an independent industry, but rather as a new technological tool that makes financial transactions faster, cheaper, and more transparent. He believes that traditional financial institutions can use blockchain, and crypto companies can also provide services similar to traditional finance, such as loans, savings, stock trading, remittances, and payments. In the future, there should not be a clear distinction between traditional finance and crypto, but rather a more globalized, faster, and lower-cost financial industry.
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