Crypto

Source: Bitcoinist Federal Reserve Chair Jerome Powell delivered remarks yesterday suggesting that US banks can freely engage with crypto clients—provided they understand and manage the inherent risks. Powell’s comments came during the Federal Open Market Committee (FOMC) press conference, where he addressed queries about the Fed’s stance on crypto banking. “Banks are perfectly able to…

Source: Coin Tegraph EigenLayer and Cartesi are teaming up for a hackathon to build the next game-changing crypto application, with AI and blockchain innovation in focus. Read Full Article

Source: Coin Tegraph Bitcoin’s rising market dominance is fueled by strong ETF inflows, political momentum in the US, and Ethereum’s continued multi-year slump against BTC. Read Full Article

Source: Coin Tegraph A Chinese court found BKEX’s crypto contract trading functioned as illegal gambling, sentencing employees to prison for facilitating unauthorized betting. Read Full Article

Source: Bitcoinist Several fund managers have recently filed applications for altcoin ETFs with the Securities and Exchange Commission (SEC), including $DOGE, $TRUMP, and $MELANIA ETFs. However, the only application to get a green light was Canary Capital’s Litecoin ETF ($LTC ETF). Unsurprisingly, the regulator has rejected all other proposed ETFs, which makes $LTC the only…

Source: Coin Tegraph Illinois’ HB1844 bill proposes a state-run Bitcoin reserve with a mandatory five-year holding period before allowing conversions or sales. Read Full Article

Source: Coin Tegraph A Chinese court found BKEX’s crypto contract trading functioned as illegal gambling, sentencing employees to prison for facilitating unauthorized betting. Read Full Article

Source: Bitcoinist According to an X post by Vetle Lunde, Head of Research at K33 Research, Norway’s sovereign wealth fund, called Norges Bank Investment Management (NBIM), saw its indirect Bitcoin (BTC) exposure rise by 153% in 2024.  NBIM’s Indirect Bitcoin Exposure Rises The increasing adoption of BTC among corporations and nation-states is now reflected in…

Source: Coin Tegraph BTC price upside hurdles appear to tumble as Bitcoin trader optimism makes a firm comeback at $105,000. Read Full Article

Source: Coin Tegraph DeepSeek has demonstrated the potential to develop cutting-edge AI models with significantly lower resource requirements compared to major players like OpenAI. Read Full Article