Bitcoin Going to $140K Says Trio of AIs Managing $30M Investment Fund
Intelligent Alpha’s investment committee is composed of three AIs, and the fund’s CEO tries to stay out of their way.
Another SEC Democrat to Drop Out, Leaving Republicans Running Agency by February
Another Democratic commissioner on the Securities and Exchange Commission is following Chair Gary Gensler out the door in January, leaving the agency with a Republican majority as it weighs a likely course shift under the new administration of President-elect Donald Trump.
Trump Picks Pro-Crypto Hedge Fund Manager Scott Bessent for Treasury Secretary
President-elect Donald Trump has nominated Wall Street titan Scott Bessent as Treasury Secretary.
Juiced USDS Yields Woo Solana Traders to Sky’s Stablecoin
Solana traders are quickly embracing the newest stablecoin to join their decentralized finance (DeFi) fray: USDS, issued by Sky (formerly MakerDAO).
CoinDesk 20 Performance Update: ADA Gains 10.1% as Index Continues Higher
Stellar was also among the top performers, gaining 6.5% from Tuesday.
DeFi’s Renaissance
Pro-crypto legislation could allow DeFi to potentially connect with mainstream financial systems, says Toe Bautista.
Miners Going Nuclear: A Symbiotic Synergy
Beyond the increasing proliferation of bitcoin within investment portfolios, mining operations have become a focus of a new wave of mergers and acquisitions on Wall Street, says Taylor Krystkowiak.
Digital Currency Group’s Barry Silbert Bets Big on AI Blockchain Bittensor
Barry Silbert will be the CEO of Yuma, a new DCG company focused on incubating and building new businesses within Bittensor’s decentralized AI ecosystem.
Former FTX CTO Gary Wang Won’t Have to Serve Prison Time, Judge Rules
Former FTX chief technology officer and close friend of Sam Bankman-Fried, Gary Wang, won’t have to serve prison time for his involvement in the crypto exchange’s fraud scheme, The New York Times reported.
The Subtle Way AI Data Centers Boost Bitcoin Mining Economics
The competition for cheap electrons could establish a floor for hashprice, or at least slow down hashrate growth.