The rise of artificial intelligence is transforming the cryptocurrency landscape, creating both opportunities and challenges. AI agents have quickly become key players, enhancing trading efficiency and decision-making processes. As the Market for AI trading tools grows significantly, professionals in the crypto space must adapt by embracing AI technology and integrating it with their existing knowledge. ...
Minnesota state Senator Jeremy Miller has announced the Minnesota Bitcoin Act, reflecting his shift from skepticism to support for Bitcoin and cryptocurrencies. The proposed bill aims to boost prosperity in Minnesota by allowing the state’s investment board to include Bitcoin and other cryptocurrencies in its portfolio, similar to traditional assets. Additionally, state employees could invest ...
Since taking office, President Donald Trump has focused on reshaping the U.S. approach to cryptocurrency. Recently, the Securities and Exchange Commission dropped lawsuits against major crypto firms and announced the creation of a Bitcoin reserve worth around $17 million, consisting of seized digital currencies. Trump also hosted a White House summit with crypto industry leaders ...
The European Central Bank (ECB) is pushing ahead with plans to launch a digital Euro this year, despite the recent selloff in cryptocurrencies like Bitcoin. While legislation is still pending in the European Parliament, the ECB believes a digital Euro is crucial for the EU’s financial future. Some countries, including Spain, are hesitant about this ...
The White House is hosting a groundbreaking summit on cryptocurrency, signaling a shift in the Trump administration’s approach to digital assets. This event is led by White House advisors David Sacks and Bo Hines, amid Trump’s pledge to make the U.S. the “crypto capital of the planet.” Trump has a financial stake in a crypto ...
GlobalB, a Turkish law firm, is challenging Turkey’s ban on cryptocurrency payments in a hearing set for May 28. While citizens can buy and trade crypto, using it for payments has been illegal since 2021. GlobalB’s founding partner, Sima Baktaş, believes allowing crypto payments could boost financial innovation and attract international investment. Despite the ban, ...
Ricardo Salinas, the founder of Grupo Salinas, has dramatically shifted his investment strategy, now putting 70% of his portfolio into Bitcoin, up from just 10% in 2020. In an interview with Bloomberg, he expressed his confidence in Bitcoin as the “hardest asset in the world,” emphasizing its fixed supply compared to gold, which can be ...
Central Bank Digital Currencies (CBDCs) are gaining traction as central banks explore new ways to issue digital money. Unlike traditional banks, individuals can’t open accounts at central banks, but CBDCs could change that by offering a digital form of cash. These currencies aim to replicate the benefits of cash, such as privacy and instant transactions, ...
The growing use of stablecoins in cross-border payments is reshaping the foreign exchange landscape. According to Federal Reserve member Christopher Waller, stablecoin transactions, known as “stablecoin sandwiches,” can significantly speed up and reduce costs in international money transfers. As the $220 billion stablecoin Market expands, these digital currencies, primarily dollar-pegged, are streamlining payments beyond traditional ...
Texas Senator Charles Schwertner has introduced a new Bitcoin reserve bill, SB 21, which removes the previous annual purchasing limit of $500 million. This allows Texas to make much larger investments in Bitcoin and other cryptocurrencies that meet certain Market value criteria. The bill shifts from simply holding Bitcoin as an asset to actively trading ...
