China

Bitcoin is stuck in a rut but JPMorgan says new legislation could be the ultimate spark

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 value. The report highlights the importance of regulatory developments in shaping the future of cryptocurrencies. Overall, the potential for new laws may provide the necessary impetus for Bitcoin to break free from its current state.

Read the full article: CoinDesk

Iran crisis puts the regime's $7.8 billion crypto shadow economy in spotlight

Iran's ongoing crisis has brought attention to its substantial $7.8 billion cryptocurrency economy, which operates largely in the shadows. The regime has increasingly turned to crypto as a means to circumvent international sanctions and bolster its economy. This underground market allows for the transfer of funds and

Trump Orders Federal Agencies to Dump 'Woke' Anthropic AI After Pentagon Dispute

Former President Donald Trump has directed federal agencies to discontinue their use of Anthropic's AI technology, labeling it as "woke" following a dispute involving the Pentagon. This decision comes amid broader concerns about the influence of AI on national security and the military. Trump's