A key priority of the proposed PAC would be to send the Bitcoin price to $10 million, according to Bailey, and positioning “for the long term.” David Bailey, entrepreneur and Bitcoin adviser to US President Donald Trump, is seeking to raise $200 million for a political action committee to advance Bitcoin’s interests in the US.…
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TradFi giants made 345 blockchain investments between 2020–2024, with G-SIBs leading 100+ deals across tokenization, custody and payments. Citigroup, JPMorgan Chase, Goldman Sachs and Japan’s SBI Group have emerged as the most active players in traditional finance backing blockchain startups, according to a new report by Ripple in partnership with CB Insights and the UK…
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The Tron founder said it has been a long-time dream to travel to space and reflected on the fragility of the planet following his return. Justin Sun, founder of the layer-1 Tron blockchain network, returned safely from a commercial spaceflight on Saturday, alongside five other crew members aboard Blue Origin mission NS-34. The other crew…
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David Sacks says fears that AI will overtake human jobs are overblown, while a recent Microsoft study has flagged the top roles at risk. White House AI and crypto czar David Sacks has pushed back on growing fears that AI will wipe out large swathes of the workforce, arguing it still relies heavily on human…
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Impermanent loss has been a major factor preventing crypto holders from becoming liquidity providers on decentralized finance platforms. Yield Basis, a protocol developed by the decentralized finance (DeFi) platform Curve Finance, mitigates impermanent loss for tokenized Bitcoin and Ether liquidity providers (LPs), while also creating a market-based approach to token inflation and emissions, according to Curve founder…
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XRP may be gearing up for a short-term rebound, crypto companies are beginning to return to the United States, and other news. Top Stories of The Week SEC Chair Aktins calls to ‘reshore crypto’ as companies move back to the US Crypto companies are beginning to return to the United States as top officials signal a shift…
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Crypto-related securities class-action lawsuits are already near their total for the whole of 2024, Cornerstone Research says. The number of investor-led class-action lawsuits in the US relating to crypto and artificial intelligence is already nearing the total filed in all of 2024. Cornerstone said in a report on Wednesday that AI and crypto were the top trends…
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Bitcoin exchange-traded funds (ETFs) have permanently reduced volatility and altered Bitcoin market dynamics, according to analysts. Bitcoin will no longer experience “parabolic” price rallies or “devastating” bear markets, because BTC exchange-traded funds (ETFs) have permanently reduced volatility and altered market dynamics, according to Blockware BTC analyst Mitchell Askew. “BTC/USD looks like two entirely different assets before…
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Solo miners successfully adding blocks to the Bitcoin blockchain network is a rare event, but still not impossible in 2025. A solo Bitcoin miner successfully mined a block on Saturday, collecting the 3.125 BTC block reward, valued at $372,773. The miner, operating through the Solo CK pool, a solo mining service, successfully mined block 907283, which contained 4,038 transactions…
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Solana co-founder Anatoly Yakovenko ignited criticism from the crypto community by likening memecoins to loot boxes in mobile games. Solana co-founder Anatoly Yakovenko has sparked controversy after referring to memecoins and non-fungible tokens as “digital slop,” despite Solana’s substantial memecoin-driven revenue. “I’ve said this for years. Memecoins and NFTs are digital slop and have no…
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