Artificial intelligence may turn out to be an unexpected driver of Bitcoin adoption, according to Nakamoto Holdings CEO and Chairman David Bailey. In a discussion hosted by investment bank TD Cowen, Bailey’s argument was that the friction getting people on board with Bitcoin has always been the interface — and not the asset.  Wallets, addresses, private keys, and the general onboarding process have kept mainstream users at arm’s length for well over a decade, he argued. AI-powered tools could abstract that complexity away and make the asset far easier for ordinary individuals and institutions to actually use. TD Cowen analyst Lance Vitanza, who published...

Japan’s latest 20-year government bond auction signaled a higher price for long-term borrowing, not a collapse in demand.The average accepted yield rose to 3.856% on Tuesday, 15.8 basis points above the 3.698% average on Aug. 20. Competitive bid coverage improved slightly to about 4.01 times from 3.98 times, while the gap between the highest accepted and average yields narrowed to 1.3 basis points from 1.5.Those measures are consistent with orderly absorption at a higher yield. They do not support describing the auction as a failed sale.For Bitcoin, the distinction separates an immediate stress event from a slower policy risk. Investors can borrow yen at relatively low...

Artificial intelligence may turn out to be an unexpected driver of Bitcoin adoption, according to Nakamoto Holdings CEO and Chairman David Bailey....

Japan’s latest 20-year government bond auction signaled a higher price for long-term borrowing, not a collapse in demand.The average accepted yield rose to 3.856%...