Donald Trump announced plans for a U.S. crypto strategic reserve including Bitcoin, Ether, XRP, Solana, and Cardano. This sparked a significant rise in their market values. Trump’s move signals a shift towards pro-crypto policies amid a context of recent price declines in the sector. Details on how the reserve will operate, including potential legal frameworks, … Read more
The Swiss Financial Innovation Desk (FIND) report outlines four key trends shaping the future of finance: artificial intelligence, digital assets, digital trust, and quantum-safe technologies, collectively termed the finternet. Each trend plays a crucial role in developing a seamless, efficient, and secure financial ecosystem, emphasizing collaboration and innovation for the future. The future of finance, … Read more
Crypto sentiment plummets to ‘Extreme Fear’ with the Crypto Fear & Greed Index falling to 25 points, driven by Trump’s firm commitment to tariffs on Mexico and Canada. Bitcoin dipped below $92,000 as overall crypto market value shrank nearly 8%. Traditional markets also reflect this downturn as traders brace for potential trade war repercussions. The … Read more
Coinbase announced a favorable deal with the SEC, boosting investor optimism. However, Bybit’s subsequent hack, resulting in a $1.5 billion theft, caused cryptocurrency prices to plummet, demonstrating the volatile and risky nature of the cryptocurrency market. In a dramatic twist of fate for the cryptocurrency world, Friday began with optimism as Coinbase announced a favorable … Read more
California’s DFPI launched a crypto scam tracker tool to help residents detect and avoid scams. This searchable database uses public complaints to provide insights, educate users through a glossary, and encourage reporting. In 2024, it addressed over 2,668 complaints, aiding in the shutdown of numerous scam websites. The tool highlights a collective push for awareness … Read more
The article discusses the contrasting approaches to A.I. regulation between Trump’s administration advocating for lighter rules and Europe’s comprehensive A.I. Act aimed at ensuring ethical development. Tensions arise as the U.S. seeks leadership in A.I. while Europe aims to protect society from its risks, raising questions about future job losses, monopolization, and the need for … Read more
Bitcoin’s price surge toward $88,000 follows a Federal Reserve interest rate hold. A leak suggests a significant crypto policy update from Donald Trump will be announced at Blockworks Digital Asset Summit, marking a first for a sitting president. The U.S. aims to acquire more Bitcoin, with David Sacks emphasizing effective asset management strategies. Bitcoin has … Read more
President Trump signed an executive order on January 23 banning CBDCs in the U.S., establishing a task force to regulate cryptocurrencies. Trump’s order aims to create a national digital assets stockpile, including Bitcoin, while revoking a previous order by Biden. This action aligns with Trump’s campaign promises to support Bitcoin and includes plans for a … Read more
Bitcoin is currently in a holding pattern after a significant price drop, observing easing market conditions with potential support from the Federal Reserve. Speculation arises around future interest rates and quantitative easing, with predictions of Bitcoin reaching $250,000 amid a $9 trillion debt maturity expected this year. Traders await key policy announcements from the Fed’s … Read more
Sarvam AI is a startup founded by Vivek Raghavan and Pratyush Kumar, targeting to create foundational AI models in India that reflect its unique linguistic and cultural identity. With an ambitious goal to develop its AI capabilities independently by 2040, Sarvam focuses on embedding AI in various sectors, including customer service and government data analysis, … Read more