Author: James Schulz
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Barry Silbert Calls Decentralized AI the Next Big Thing—Bigger Than Bitcoin
Barry Silbert, the influential crypto investor and founder of Digital Currency Group (DCG), is making a bold move into decentralized artificial intelligence (deAI). He believes this emerging sector could surpass even Bitcoin in significance, ushering in a new era of crypto innovation. In a recent letter to DCG shareholders, Silbert expressed strong confidence in deAI—an…
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Trump’s Solana Meme Coin Plummets Despite Hype
Earlier this month, former President Donald Trump launched his very own meme coin on the Solana blockchain. However, what began as a high-flying experiment in celebrity-backed crypto is now showing signs of serious strain, with trading volumes falling and investors shouldering over $11 million in trading fees. In the past 24 hours alone, CoinMarketCap data…
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Trump Signs Executive Order to Boost U.S. Crypto Strategy and Create Bitcoin Reserve
On January 23, former U.S. President Donald Trump signed an executive order establishing a cryptocurrency working group, marking a significant step toward fulfilling his campaign promise to be a “crypto president.” This initiative aims to create a comprehensive federal framework for cryptocurrency regulation and lays the groundwork for a potential “Bitcoin reserve,” according to a…
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Coinbase Now Offers Bitcoin Backed Loans: Is It Worth Considering?
If you’re a Coinbase (COIN) user, you now have a new way to leverage your bitcoin (BTCUSD) holdings—as collateral for a loan. The cryptocurrency exchange has unveiled a service that lets users borrow funds in stablecoin USD Coin (USDC) by pledging their bitcoin holdings. “You can also convert USDC to USD 1:1 for free to…
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Bitcoin Could Drop to $73,000 If Key Support Fails, Warns Analyst
Bitcoin (BTC) may face a significant downside, with prices potentially dropping to $73,000 if it breaks below its critical support level at $90,680, according to Kim Kramer Larsson, an analyst at Saxo Bank. Over the past five days, Bitcoin has declined by 3.9%, though it saw a 2.6% recovery on Friday, trading around $94,061, as…