Category: crypto
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Gemini AI favors XRP over BTC and ETH through 2029
Gemini’s AI model predicts that XRP will outperform Bitcoin and Ethereum by 2029 due to Trump-era policies, a Bitcoin reserve, and regulatory clarity for XRP. Despite volatility, XRP is seen as the most aggressive investment option, with Bitcoin as the safest bet and Ethereum benefiting from deregulation. The projections are speculative and subject to market…
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Ramp Network live as EU-licensed Crypto Asset Service Provider
Ramp Network is now fully operational as a licensed Crypto Asset Service Provider in the EU. They are approved to provide on- and off-ramp services for EU customers under a single harmonized license, following regulatory requirements set by MiCAR and the Central Bank of Ireland. This move reflects their commitment to operating under European regulatory…
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1inch–Rewardy deal kills gas tokens for DeFi swaps on 5 chains
Rewardy Wallet has integrated 1inch’s Swap API to allow users to swap tokens across multiple blockchains without holding native gas tokens. Gas fees are paid in Rewardy’s RWD token, removing barriers to DeFi adoption. The partnership aims to provide a seamless user experience and expand accessibility to decentralized finance.
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Senate panel unveils updated crypto market bill amid CFTC power push
The U.S. Senate Agriculture Committee released an updated bill to expand CFTC oversight of the crypto market, but disagreements over DeFi, stablecoins, and rewards are still preventing consensus. Lawmakers must reconcile competing bills before a unified framework can pass the Senate and become law. Several key provisions remain unresolved.
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Coinbase forms quantum risk board to protect Bitcoin, blockchains
Coinbase established an independent advisory board to address potential quantum computing risks to Bitcoin and blockchains. The board will assess long-term cryptographic risks and publish position papers on quantum resilience. Coinbase also plans to expand global capital market access through blockchain tokenization to address geographic and economic barriers in investing.
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Will yield-bearing stablecoins force banks into the crypto industry? David Sacks offers new insights
White House advisor David Sacks predicts that crypto, stablecoins, and banks will merge into a single digital asset industry once U.S. market regulations are in place. He warns banks against resisting yield-bearing stablecoins, as this could backfire. Sacks also discusses U.S.-China tech competition and contrasts regulatory environments under different administrations.
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Tokenization boom pits Bitcoin ‘standard’ vs CBDC guardrails at the World Economic Forum
At the World Economic Forum in Davos, central bankers, cryptocurrency companies like Coinbase and Ripple, and banks discussed tokenization, a potential Bitcoin ‘standard,’ central bank digital currencies (CBDCs), and stablecoin yields as the crypto market reaches near record highs. Discussions focused on democratization, regulation, and the impact on emerging markets. Ether is trading near $3,000…
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Winklevoss Twins double down on Zcash with $1.4m
The Winklevoss twins donated over $1 million worth of Zcash tokens to support the development of the privacy-focused blockchain. They believe privacy is the next frontier in crypto and are backing Zcash as a leading privacy protocol. The donation will be used to enhance the network’s security, sustainability, and scalability.
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Supreme Court signals stop to Trump, Fed shake-up
The Supreme Court appears unlikely to allow President Trump to immediately remove Federal Reserve Governor Lisa Cook, with justices expressing concerns about the central bank’s independence. Trump’s allegations of mortgage fraud against Cook were questioned, and a ruling in her favor could limit presidential control over the Fed and impact monetary policy.
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Steak ’n Shake serves Bitcoin bonuses—Internet delivers side eye
Steak ‘n Shake will pay hourly workers a small Bitcoin bonus of $0.21 per hour worked starting March 1, with a two-year vesting period. Critics mocked the incentive as a substitute for real wages, given the low payout and high turnover in fast food. The company has added $10 million of Bitcoin to its balance…