Cryptocurrency
Bitcoin price faces a $482 billion catalyst
Bitcoin price rallied above $95,000 on Monday and is hovering at its highest level since February 24 as the recent rally continued.
The ongoing Bitcoin (BTC) recovery has been driven by recent optimism surrounding a potential trade deal between the United States and China.
Bitcoin and other altcoins also jumped after Trump hinted that he was not going to fire Jerome Powell, the Federal Reserve Chairman. Trump has changed his mind on tariffs and Powell’s firing following recent turmoil in the bond market, driven by bond vigilantes.
Bitcoin now has another major catalyst that could push its price higher over the longer term: the soaring unrealized losses among U.S. banks.
The recent bank earnings season revealed that U.S. banks are holding over $482 billion in unrealized losses. These unrealized losses stem from longer-dated Treasury bonds that banks purchased during the era of low interest rates.
Interest rates have surged from near zero during the pandemic to over 4% today. This increase has caused the value of existing fixed-income securities to drop, as their yields are now less attractive compared to newly issued bonds offering higher yields.
A good example of this is a ten-year government bond issued in 2020, when yields were near zero. Today, similar bonds yield between 4% and 5%.
Some of the banks most affected by unrealized losses are Bank of America, Charles Schwab, JPMorgan Chase, and Wells Fargo.
The challenge for banks is that they cannot easily sell these bonds without realizing large losses, which could impact their stock prices. At the same time, the Federal Reserve may find it difficult to cut interest rates, as Trump has demanded, since doing so could lead to higher inflation.
The risk, is that one or more banks, will end up like First Republic Bank, which collapsed in 2023 because of its high unrealized losses.
Analysts note that Bitcoin may benefit if these banks may benefit as these risks rise because it is becoming a safe-haven asset. One analyst wrote that:
“This massively reinforces the structural case for Bitcoin. Because Bitcoin isn’t just an “inflation hedge.” It’s becoming the collateral of last resort as trust in traditional collateral evaporates.”
Bitcoin price technical analysis
The 3-day chart shows that the BTC price has bounced back over the past few days. It recently crossed the crucial resistance level at $88,666, the neckline of the double-bottom pattern that formed earlier this month.
Bitcoin remains above the key resistance at $73,805, which marks the upper side of the cup and handle pattern. It has also moved above the 50-day and 100-day Exponential Moving Averages, signaling that bulls remain in control.
Therefore, the most likely scenario is for the coin to rise toward the important resistance at $100,000. After that, Bitcoin could soar to its all-time high of $109,300, followed by the cup and handle target of $122,000.
DeepSeek, a China-based artificial intelligence company, has announced an upgrade to its AI chatbot, saying it can now offer enhanced overall logic, mathematics and programming with a reduced hallucination rate.
According to DeepSeek, the upgraded model — DeepSeek-R1-0528 — has “significantly improved its depth of reasoning and inference capabilities.” The startup said the model’s overall performance is now “approaching that of leading models, such as O3 and Gemini 2.5 Pro.”
DeepSeek’s debut of its R1 chatbot in January sent shockwaves through the AI industry and further established China as an AI force. The company’s first AI model had a training cost of $6 million and similar performance to leading AI models trained on significantly larger sums of capital.
According to data from Business of Apps, DeepSeek has been downloaded 75 million times since its launch and had 38 million monthly active users (MAU) as of April. In a recent antitrust lawsuit, Google estimated that Gemini reached 350 million active users in March, while OpenAI’s ChatGPT claimed 600 million active users in the same month.
Related: China’s DeepSeek launches new open-source AI after R1 took on OpenAI
Chinese-American AI race heats up
The United States government is planning to restrict the sale of advanced chip design software to China. According to a Bloomberg report, the move seeks to limit China’s ability to advance its domestic semiconductor manufacturing capabilities.
Semiconductors are critical for a wide range of technologies, including AI, where they serve as the hardware backbone for training and running complex models.
New China AI models, such as Tencent’s T1 and Alibaba’s Qwen3, have also emerged in the first few months of 2025, spurring the AI race along.
Magazine: AI Eye: 9 curious things about DeepSeek R1
Key Takeaways: Web3 agent developer Giza announced that Giza Agents, which have facilitated over $40 million in volume to date, are entering the institutional space through a partnership with DeFi investment firm Re7 Capital.Re7 Capital will use Giza’s financial autonomous agents to manage liquidity, marking a significant step forward for the technology. The partnership targets a key institutional challenge: achieving high-performance treasury management without sacrificing control or security. Giza’s agent infrastructure aims to solve this with its autonomous, secure framework. Giza has introduced a sophisticated non-linear optimizer that models each DeFi protocol as a unique curve shaped by liquidity, fees, and utilization dynamics, offering measurable gains over simplistic rate-chasing strategies when tested against historical data. Unlike conventional systems, Giza’s Agents account for the full lifecycle of a position, factoring in gas fees, slippage, and reward lock-ups, and rebalance only when the projected benefit clearly exceeds the opportunity cost. This conserves returns by avoiding unnecessary transactions. The methodology surpasses simple APR comparisons by integrating principles from modern portfolio theory, allowing for efficient frontier-based allocations and nuanced yield component analysis. “Until now, institutions had to choose between iron-clad control and top-tier performance. Giza Agents eliminate that trade-off; capital runs autonomously, relentlessly productive, policy-locked, and cryptographically secure. Re7’s deployment marks the moment self-driving finance goes institutional,” said Renç Korzay, CEO of Giza. Giza delivers a level of bespoke risk management that has been largely out of reach in decentralized finance. Each proposed allocation is subjected to rigorous pre-flight health checks, which assess protocol liquidity, utilization rates, and volatility metrics. Transactions are executed only when these parameters fall within predefined, policy-encoded thresholds, ensuring disciplined adherence to institutional risk mandates. Giza is building a specialized suite of Agents tailored to Re7 Capital’s broader ecosystem, with back-tests over the past four months showing notable outperformance. The customized Agents delivered a 67% higher yield on stablecoins and an 18.5% higher yield on ETH compared to static allocation strategies. These gains were achieved by executing liquidity shifts across vaults only when the optimizer’s signal exceeded the cost of transaction execution. The supporting infrastructure — including a smart-account template, real-time monitoring stack, and session-key framework — has been designed for modularity and reuse. This streamlines the rollout of future Agents, such as Re7’s USDC and wETH variants, which are currently in testing and require significantly less engineering overhead than initial deployments. While development continues, Re7 will deploy $500,000 in USDC into ARMA, Giza’s flagship Agent, to begin compounding yield immediately — all without the need for custom code. 9 Exercises To Grow Arms at Home | Increase Arm Strength Without Equipment BECOME TALLER & GET SLIMMER /11 MIN FULL BODY EXERCISES ROUTINES TO GROW TALLER AT HOME_ Shrilyn Good Morning America Full Broadcast — Monday, May 19, 2025 Kim Zolciak & Kroy Biermann, Timeline of Their Relationship Drama The Worst Mistake for a Flat Stomach 15-minute arm workout with dumbbells for biceps and triceps The Weeknd And Jenna Ortega Star In A Dull Film Kody Brown Kinda Regrets Telling Ex-Wives He Never Loved Them
What is Giza offering?
Details of the partnership
The SEC’s upcoming DeFi roundtable signals a bold pivot toward regulatory collaboration, unlocking high-stakes potential to reshape crypto policy and accelerate decentralized innovation nationwide. SEC Targets DeFi Policy Shakeup in New Roundtable—Industry Voices Invited The U.S. Securities and Exchange Commission (SEC) announced on May 28 that it will convene a roundtable titled “DeFi and the […]
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