General category for all types of news related to the cryptocurrency world.
@Sothebys is auctioning NBA Top Shot NFTs as the NFT market sees a modest resurgence amid a crypto boom. The auction includes eight digital collectibles valued between $500 and $3,000 each, with bidding open until January 21. #Update #Crypto (+2) ↗
Russia and Myanmar are intensifying efforts to establish a national currency payment system, aiming to reduce reliance on the U.S. dollar and enhance economic independence amid global dedollarization trends. #Update #Economy (+3) ↗
Bitwise CIO Matt Hougan highlights key trends driving corporate Bitcoin adoption, noting @MicroStrategy’s $43B BTC holdings as a major influence. New FASB rules and pro-crypto policies under President-elect Donald Trump further boost this trend. #Update #Crypto $BTC (+7) ↗
Prediction market platforms @Polymarket and @Kalshi face regulatory challenges as Taiwan, France, and Singapore block access, viewing them as unlicensed gambling operations. The U.S. CFTC regulates these markets differently, seeing them akin to weather derivatives. #Update #Legal (+3) ↗
@Deribit, an options trading platform, is exploring strategic opportunities with FT Partners amid rising crypto M&A activity. Deribit’s valuation could reach $5B, driven by surging trading volumes and institutional interest. #Update #Crypto (+6) ↗
@TON_Blockchain is eyeing US expansion, anticipating a favorable regulatory climate under a potential Trump administration. Manuel Stotz of Kingsway Capital will lead the TON Foundation’s growth strategy, aiming to position the US as a global crypto hub. #Update #Crypto $TON (+4) ↗
@ai16z’s Eliza Labs releases a white paper detailing Web3-native AI agents, envisioning autonomous onchain trading by AI entities like Eliza. This development highlights the growing intersection of AI and blockchain technologies. #Update #AI #Crypto → 0
@NovaskyAI’s Sky-T1 model outperforms OpenAI’s o1 in reasoning tasks, offering a cost-effective alternative for developers. Trained for under $450, Sky-T1 is open-source and runs on local computers with a 24GB GPU. #Update #AI (+6) ↗
The incoming Trump administration plans to reverse key Biden-era cryptocurrency regulations, targeting the Securities and Exchange Commission’s policies, as revealed by insiders to The Washington Post. #Breaking #Crypto @SECGov (-9) ↘
JPMorgan Chase expects potential Solana ($SOL) and XRP exchange-traded funds (ETFs) could attract up to $16 billion, with each ETF seeing inflows of $3-8 billion. #Update #ETF $SOL (+6) ↗
@bankofengland launches the Digital Pound Lab to explore a central bank digital currency, aiming to modernize payments through public-private collaboration. The initiative will assess feasibility and ensure privacy, with ongoing public consultation. #Update #Crypto (+3) →
@Hashed’s Simon Kim argues that AI centralization, like @OpenAI’s models, poses risks and advocates for blockchain-based transparency to reward creators. He highlights @Meta’s Llama as a decentralized alternative. #Update #AI $BTC (+3) ↗
@UpNetwork and @DreamSmart have launched the world’s first Web3 AI glasses, enhancing online user experiences with AI agents and extended reality features, potentially leading to a “post-smartphone era.” #Update #Tech (+4) ↗
@MindofPepe’s $MIND token presale launched with a 13,091% staking APY and a market cap over $511,000, promising significant growth potential as AI coins gain traction. #Update #Crypto $MIND (+5) ↗
