Category: crypto

Federal Reserve Chair Jerome Powell stated that banks can serve with crypto if they manage risks effectively. He emphasized the Fed’s openness to financial innovation and addressed concerns about crypto firms accessing banking services. Powell’s speech led to optimism in the market, with Bitcoin rebounding in price. The Fed is examining the relationship between banks…

CME Group will introduce options on Bitcoin Friday futures on Feb. 24, pending regulatory approval. The new contracts aim to provide traders with tools to manage short-term Bitcoin price risk, with daily expiries. This move comes amidst high institutional interest in Bitcoin and demand for crypto risk management tools.

Trump Media & Technology Group (TMTG) announced the launch of Truth.Fi, a financial venture focusing on America-first investments. Backed by $700 million in cash reserves, TMTG plans to offer investment products like ETFs and SMAs, with a focus on industries like manufacturing and energy. The move is seen as a strategic step towards providing alternatives…

Dennis Porter is the co-founder and chairman of the non-profit organization Satoshi Action Fund, which aims to educate policymakers and regulators about the benefits of Bitcoin mining and how it can be used to support public policy goals.

AI agents are powerful and can revolutionize gaming by creating interactive digital worlds where players shape their own stories. They can act as personal assistants, run wallets, integrate with smart contracts, and execute transactions. AI agents can also generate new quests, missions, and personalized characters in games, saving time and money for studios. The gaming…

AI16z, a venture capital fund powered by AI agents, has rebranded to ElizaOS for a stronger identity as technology adoption grows. The AI16z token is now trading at $0.61, with a 6% drop in 24 hours and a 50% decline over the past week. The rebrand aligns with the upcoming launch of Eliza v2, a…

Cardano is activating the Plomin hard fork on Jan. 29, allowing ADA holders to vote on network decisions. This upgrade enables on-chain voting and marks the beginning of the Voltaire era. The network’s future development will be community-driven, focusing on scalability, usability, and interoperability to enhance its DeFi ecosystem.

Czech National Bank Governor Aleš Michl plans to propose adding Bitcoin to the country’s reserves, potentially allocating up to 5% of its $146.13 billion reserves to the cryptocurrency. This move is seen as a diversification strategy amid rising institutional adoption and changing US policies towards crypto. Michl acknowledges the risks but believes in Bitcoin’s long-term…

: Gary Gensler, former SEC chair, has returned to MIT as a Professor of the Practice. He will focus on AI, finance, and public policy as co-director of FinTechAI@CSAIL. Critics in the crypto space disapprove of his return, citing his regulatory actions against major crypto firms during his time at the SEC.

Crypto.com will be delisting Tether’s USDT stablecoin and nine other tokens by Jan. 31 to comply with Europe’s MiCA regulation. Users have until March 31 to withdraw assets, which will be converted to MiCA-compliant stablecoins or other assets. Tether is investing in euro-based stablecoin projects to align with regulations.