Payments giant Stripe introduced an integration for the x402 protocol, enabling autonomous agents to settle microtransactions via USDC on the Base network.
The launch came amid a Bloomberg report that Stripe is arranging a tender offer at a $140B valuation, up $33B from last year’s $107B.
Simultaneously, CoinGecko enabled x402 on its API. Agents can access price and onchain data for $0.01 USDC per request, with no API key, according to a statement.
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Original Author: He Hao, Wall Street Insights

On Thursday, US stocks plunged, with the Nasdaq falling over 2%. Some traders sold precious metals to offset losses in the stock market, causing gold, silver, copper, platinum, and palladium to decline sharply. The US dollar index rose slightly.

Amid renewed concerns about whether massive investments in artificial intelligence can truly be implemented on a large scale, US tech stocks declined. Metal prices suddenly fell due to suspected algorithmic trading selling, forcing some investors to exit commodity positions, including metals, to obtain liquidity, while some funds turned to US Treasury bonds for safety.

Spot gold fell as much as 4.1%, and silver plummeted 11...

Gold fell more than 4% at one point, and silver plummeted 11%, as a sharp drop in US stocks triggered a sell-off in algorithmically traded precious metals.

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Coinbase reports lackluster earnings, causing its stock price to fall.

Author: The Economist
Compiled by: TechFlow TechFlow
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TechFlow Dive: Despite Bitcoin's price remaining above $70,000, the crypto market is experiencing an unprecedented "lonely winter." This article delves into the differences between this decline and previous ones: the chain reaction of leveraged liquidations, the fact that once-promising ETFs have now become drivers of price drops, and the most...