Topics Daily Bits

Magic Labs launches Newton to enable secure AI-driven crypto automation

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Daily Bits
May 9, 2025

Daily top performer β€” VIRTUALS Protocol (VIRTUAL)

The S&P 500 rose 0.58% on Thursday, supported by strong tech sector gains, as investors weighed the US-UK trade deal and potential easing of US-China tariffs ahead of upcoming talks. Gold dropped from $3,500 to $3,300 on US-UK trade optimism, but the dip may offer a buying opportunity if support holds. The Coindesk Indices, which track the broader crypto market, rose 9.37%, with Bitcoin and Ether up 5.31% and 21.63%, in the past 24 hours. Trade these markets and more with up to 500x leverage on Bybit MT5 using this link.

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Today’s top performer is VIRTUAL, which surged 40.4% after Virtuals Protocol announced a one-time TP cooldown reset to thank the Genesis community.

Virtuals Protocol (VIRTUAL), launched in October 2024, built on Base, lets users create AI agents that interact in 3D spaces. It features IP agents like Luna and functional agents like G.A.M.E., with its native token VIRTUAL powering the platform's economy. Virtuals Protocol announced a one-time TP cooldown reset for all users as a thank-you to its community for supporting and testing Genesis. The cooldown feature remains in place and will apply as normal going forward.

Check out the latest prices, charts, and data of VIRTUALUSDT perp and VIRTUAL/USDT spot contracts!

Talk of the town

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Magic Labs, backed by PayPal Ventures, launched Newton, a platform for verifiable AI agents that safely automate crypto tasks without users giving up wallet control. Built on the Newton Protocol with cryptographic guarantees and zero-knowledge proofs, Newton enables secure, autonomous finance β€” allowing users to automate actions like recurring buys, yield optimization, and portfolio rebalancing within user-defined guardrails. The platform, live on Base as of May 7, also introduces a future marketplace for developers to create and monetize agents, advancing a β€œself-driving crypto” vision with transparent, trust-minimized automation.

Bitcoin spot ETF flows

Category

Flow (millions)

GBTC

0.0

Non-GBTC

48.4

Total

48.4

Yesterday, BTC spot ETFs saw $48.4M in net inflows, all from non-GBTC funds.

Check out the latest prices, charts, and data of BTCUSDT perp and BTC/USDT spot contracts!

Airdrop to watch

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Wormhole has launched the NTT Launchpad, a tool that lets anyone create and deploy multichain tokens in under a minute with no technical skills required. Users can easily launch tokens across multiple chains and interact with the platform, which could help qualify for Wormhole’s second airdrop. Deployment costs vary by chain.

Check out the latest prices, charts, and data of WUSDT perp and W/USDT spot contracts!