717ai serves as an AI Over-The-Counter (OTC) Settlement Agent, optimized for analyzing high-quality market data from institutional sources. It facilitates the implementation of on-chain investment strategies, streamlines OTC settlement processes and pricing, and consolidates stablecoin conversions. Moreover, holding the $WIRE token provides users with access to premium market insights and additional price information through the 717ai Terminal. The buyback and burn initiative for the $WIRE token is sustained by the settlement revenue generated by 717ai.

The CFTC signals a major shift toward clearer, lighter-touch oversight of digital assets and blockchain markets, aiming to modernize U.S. financial regulation and boost innovation as crypto grows into a multitrillion-dollar force, according to chairman Mike Selig.

Bitcoin could slide toward $58,000–$62,000 as technical weakness persists, with veteran trader Peter Brandt flagging risky chart patterns and fading momentum that keep downside pressure in focus.

The crypto market overall is off 4.72%, sitting at $2.99 trillion and wobbling away from the $3 trillion mark for the first time this week.

Trump’s Greenland fixation has spilled straight into betting markets, with Kalshi and Polymarket now packed with wagers tied to the idea.

XRP slid deeper into a defensive posture as selling pressure persisted, technical indicators stayed bearish and global risk-off sentiment intensified, leaving the token pinned near range lows with traders wary of further downside amid heightened geopolitical and trade tensions.
