AI Firm Genius Group Adopts Bitcoin as Primary Treasury Asset; Shares Spike 50%
Singapore-based artificial intelligence company Genius Group said it has adopted bitcoin as its primary treasury asset, committing 90% of its current and future reserves to be held in the largest cryptocurrency.
Stablecoin Supply Expands by $5B Since U.S. Election as Investors Pile Into Crypto
Stablecoin exchange balances grew to a yearly high of $41 billion this week, providing dry powder to buy digital assets, one analyst noted.
El Salvador’s Bitcoin Stash Rises Above $500M, but Bhutan Story Might Be Even Bigger
Monday’s bitcoin rally propelled El Salvador and Bhutan’s crypto stashes to $500 million and $1.1 billion respectively.
‘Just Don’t Break’ Bitcoin: Devs Debate Tech Upgrades to Top Crypto
The bitcoiners gathered at OP_Next were decidedly in favor of progress – but not too much progress, and certainly not too fast.
Bitcoin Blasts to $90K as Crypto Rally Shakes Out $900M of Leveraged Bets
Crypto prices continue melting upwards since Donald Trump’s election victory as investors reprice digital assets in anticipation of a friendlier government.
Ethereum Pioneer’s New ‘Time Machine’ Makes Transactions Conditional on Future Events
The new platform, called the “Ethereum time machine,” extends Ethereum’s programming capabilities by allowing smart contracts to execute transactions based on uncertain or not-guaranteed future events.
D.O.G.E Memecoin Rockets 100% as Traders Savor Elon Musk’s Strong Ties to President-Elect Trump
The proposed department, abbreviated as D.O.G.E, will seek to make government spending of taxpayer money more efficient while streamlining departments that handle spending.
Cardano Pumps 16%, Bitcoin Could Pop to $100K After Fed Rate Cut
Majors cryptocurrencies are surging as a bullish backdrop gives traders reason to set a $100,000 price target for BTC in the near term.
CoinDesk 20 Performance Update: ADA Gains 9.9%, Leading Index Higher from Thursday
Polygon joined Cardano as a top performer, gaining 7.9%.
Chinese Nationals Gain Access to Stablecoins in Hong Kong Via New Trial
The trials will allow for anonymous registration on a regulated stablecoin app and the purchase of tokenized financial products for mainland Chinese in Hong Kong.