China
Dogecoin experienced a nearly 9% increase as buyers stepped in, breaking the cryptocurrency out of a recent downtrend. This surge in price comes amid a broader recovery in the cryptocurrency market, which has seen increased trading activity. Analysts suggest that the rise may be attributed to renewed interest from retail
China
The Senate Agriculture Committee has rescheduled its hearing on a proposed cryptocurrency bill to January 27. This hearing aims to address regulatory frameworks for digital assets and their impact on the agricultural sector. The bill seeks to clarify the roles of various regulatory bodies in overseeing cryptocurrencies. The delay allows
China
Bitcoin reached a two-month high of $96,240, driven by a surge in altcoin prices and a squeeze on short positions. The rally has been attributed to increased investor interest and positive market sentiment. Major altcoins also experienced significant gains, contributing to the overall bullish trend in the cryptocurrency market.
China
Games Workshop, the company behind the popular Warhammer 40,000 franchise, has announced that it will not be using generative AI in its creative processes. The decision stems from concerns about the potential impact on its intellectual property and the quality of its content. The company emphasizes its commitment to
China
More than 75 amendments have been proposed by U.S. senators for a significant cryptocurrency bill, addressing various aspects of the industry. Key areas of focus include regulations on yield-generating products and decentralized finance (DeFi) platforms. The amendments aim to clarify the legal framework surrounding these sectors, responding to concerns
China
A political theorist claims to have "red pilled" Anthropic's AI model, Claude, revealing potential biases in its responses. He argues that the model's prompts can lead to skewed outputs, raising concerns about the influence of underlying biases in AI systems. The theorist emphasizes the
China
Senator Elizabeth Warren has called for a halt to the bank application linked to WLFI until former President Donald Trump divests his interests in the institution. Warren argues that Trump's financial ties pose a conflict of interest that could undermine regulatory oversight. She emphasizes the need for transparency
China
Strive experienced a 12% decline in its stock price following a reverse stock split, which confused investors despite the company's recent acquisition of Semler. The reverse split aimed to boost the stock's price and attract institutional investors, but it led to uncertainty among shareholders. Analysts noted
China
The Senate Agriculture Committee has rescheduled its hearing on a proposed cryptocurrency bill to January 27. This hearing aims to address regulatory frameworks for digital assets and their impact on the agricultural sector. The delay allows for further discussion and input from stakeholders in the crypto industry. The bill is
China
Bitcoin options open interest has surpassed that of futures contracts, indicating a shift in market dynamics and potentially leading to reduced volatility for BTC. This trend suggests that traders are increasingly favoring options for hedging and speculation rather than traditional futures. The growing dominance of options may contribute to a
China
Bitcoin experienced a 2% increase, reaching $93,500, following the release of inflation data that heightened expectations for additional interest rate cuts. The positive market reaction reflects investor sentiment that lower rates could boost demand for cryptocurrencies. Analysts suggest that the inflation figures may influence the Federal Reserve's
China
JPMorgan's CFO expressed concerns that the growing use of stablecoins could create a "parallel banking system" that operates outside traditional financial regulations. He highlighted the potential risks associated with stablecoins, particularly regarding their yield generation, which could attract investors away from conventional banking products. The CFO