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Former President Donald Trump has directed federal agencies to cease using Anthropic's AI technology, labeling it as "woke" following a dispute involving the Pentagon. The order comes after concerns were raised about the AI's alignment with progressive values, which Trump and his supporters argue
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The article discusses the decline of the "stablecoin sandwich" model in cryptocurrency payments, which relied on stablecoins for transaction stability. It emphasizes a shift towards enhancing user relationships and experiences in crypto transactions. As the market evolves, the focus is moving away from merely using stablecoins to a
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A banking regulator has proposed new rules for stablecoin yields that could impact platforms like Coinbase. The guidelines aim to ensure that stablecoin issuers maintain sufficient reserves and transparency regarding the yields they offer to consumers. Critics argue that these regulations may stifle innovation and limit the competitive edge of
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Iran's ongoing crisis has brought attention to its substantial $7.8 billion cryptocurrency economy, which operates largely in the shadows. The Iranian regime has increasingly turned to cryptocurrencies as a means to circumvent international sanctions and bolster its economy. This underground crypto market is seen as a critical
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Bitcoin has shown signs of recovery after a significant decline, coinciding with escalating military actions by the US and Israel against Iran. The cryptocurrency market reacted negatively to geopolitical tensions, leading to a drop in Bitcoin's value. However, recent trading data indicates a rebound, with Bitcoin regaining some
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Bitcoin is currently experiencing stagnation in its price movement, with limited volatility observed in recent weeks. JPMorgan analysts suggest that upcoming legislation could serve as a catalyst for renewed interest and activity in the cryptocurrency market. They believe that regulatory clarity could attract institutional investors and boost Bitcoin's
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In today's crypto news, Bitcoin experienced a slight decline, trading around $26,500, while Ethereum remained stable at approximately $1,650. Major altcoins showed mixed performance, with some gaining traction and others facing losses. Regulatory developments in the U.S. continue to impact market sentiment, as discussions around
A recent analysis indicates that investors in Bitcoin should hold their assets for a minimum of three years to mitigate the risk of losses. Historical data reveals that Bitcoin has consistently recovered from downturns over extended periods, with the likelihood of profit increasing significantly after three years of holding. The
A crypto executive predicts that treasury companies in the cryptocurrency sector are likely to consolidate by 2026. This consolidation is expected to be driven by increasing regulatory pressures and the need for greater efficiency among firms. The executive suggests that smaller companies may struggle to survive in a competitive landscape,
Barclays is considering expanding its services to include cryptocurrency payments, according to a report by Bloomberg. The banking giant is exploring ways to facilitate crypto transactions for its clients, reflecting a growing interest in the digital asset space among traditional financial institutions. This potential move comes as Barclays aims to
XRP experienced a significant decline, dropping 9% after breaking below the $1.36 support level, which effectively erased its recent relief rally. This downturn has raised concerns among investors about the cryptocurrency's momentum and potential for recovery. Analysts suggest that the breach of this key price point may
Former President Donald Trump has directed federal agencies to cease using Anthropic's AI technology, labeling it as "woke" following a dispute involving the Pentagon. This decision comes amid concerns over the AI's alignment with the administration's values and policies. The move reflects
Insiders are suspected of profiting over $1.2 million on the prediction market platform Polymarket ahead of a U.S. military strike on Iran. The trades occurred shortly before the announcement of the strike, raising concerns about potential insider trading. Polymarket allows users to bet on the outcomes of various
Anthropic has officially "retired" its AI model Claude Opus 3, marking the end of its operational use. In a unique move, the company published a blog post written from the perspective of the AI, allowing it to reflect on its existence and contributions. The blog highlights Claude Opus
The former CEO of Mt. Gox has proposed a plan to rewrite Bitcoin's code in an attempt to recover approximately $5 billion in stolen funds from the infamous exchange hack. This suggestion has been met with significant backlash from the cryptocurrency community, which argues that altering Bitcoin'
Eleven U.S. senators have called for a federal investigation into Binance, the world's largest cryptocurrency exchange, regarding its compliance with U.S. sanctions. The senators expressed concerns that Binance may have facilitated transactions for users in countries subject to U.S. sanctions, potentially undermining national security. They
In today's crypto news, Bitcoin's price experienced a slight decline, dropping below $27,000 amid market volatility. Ethereum also saw a decrease, with its value falling alongside Bitcoin. Regulatory developments continued to shape the landscape, as the SEC announced new guidelines for crypto exchanges. Additionally, several
A recent analysis indicates that investors who buy Bitcoin should hold their assets for at least three years to minimize the risk of losses. Historical data shows that Bitcoin has only experienced significant declines when held for shorter periods. The research highlights that long-term holders have generally seen positive returns,
Barclays is considering a move into cryptocurrency payments, according to a report by Bloomberg. The banking giant is exploring ways to offer services that would allow customers to transact with digital currencies. This potential shift comes as traditional financial institutions increasingly look to integrate crypto solutions into their offerings. Barclays