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BTC Surges Past $116,000 Amid Mixed Signals
BTC Surges Past $116,000 Amid Mixed Signals

Cointribune·2025/07/11 05:40
Experienced software developers turned in work 19% slower when they use AI, study finds
Experienced software developers turned in work 19% slower when they use AI, study finds

Share link:In this post: A recent study by METR revealed that experienced software developers using AI tools like Cursor experienced a 19% increase in task completion time. Despite the slowdown, most participants continue to use AI tools, as they find the development process more enjoyable and less intensive. The authors and the participants continue to collaborate with AI, even though it is directly linked to recent layoffs in the tech space.

Cryptopolitan·2025/07/11 05:30
Flash
05:44
Analysis: The target range for the current bitcoin weak rebound is $64,000 to $68,000, with $70,000 as the short-term rebound ceiling in the bear market.
BlockBeats news, July 4, crypto analyst Murphy pointed out that the average cost of Bitcoin short-term holders (positions held for less than 1 month and less than 3 months) is concentrated in the $64,000 to $68,000 range. The price needs repeated attempts to break through in order for the cost trend line to gradually converge, but each breakthrough attempt triggers some shaky holders to sell as their unrealized losses turn into gains. This "breakthrough—resistance—pullback—breakthrough again" cycle is the necessary process to form a consensus bottom. Based on this, the analyst divides the current rebound expectations into three levels: $64,000 and $68,000 correspond to the aforementioned cost logic, while $70,000 is the location of the short-term holder realized price (STH-RP), which is often viewed as the ceiling for bear market rebounds. In the on-chain data analysis framework, STH-RP is the emotional bull-bear dividing line, and every trend reversal starts with the last breakthrough of this line. The analyst personally leans towards this round being a "weak rebound," expecting a rise to the $64,000 to $68,000 range. If it unexpectedly breaks through $70,000, it would be defined as a strong rebound, at which point they would consider partially taking profits on existing positions to allow for room for further adjustments. Option market data simultaneously shows that market makers are in a positive Gamma position around $62,000, and hedging behavior as the price approaches will suppress volatility. After the breakthrough, the next positive Gamma region is precisely between $66,000 and $68,000, also forming a resistance area.
05:40
Bitdeer mined 223.1 BTC this week and has sold all of them.
Bitdeer mined 223.1 BTC this week and sold all of them, currently maintaining a zero holdings status.
05:32
Securitize, backed by BlackRock, benefits from Wall Street's adoption of tokenized real-world assets
Securitize, backed by BlackRock, benefits from Wall Street's accelerated adoption of tokenized real-world assets. (Cointelegraph)
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