Fed’s Kashkari lashes crypto and stablecoins, praises AI
Minneapolis Fed President Neel Kashkari says crypto is “utterly useless” compared to AI, and that pro-stablecoin arguments are “a buzzword salad.”
Minneapolis Fed President Neel Kashkari says crypto is “utterly useless” compared to AI, and that pro-stablecoin arguments are “a buzzword salad.”
Bitcoin developer Matt Carallo says Bitcoiners are looking to “blame something” for the asset’s sluggish price, dismissing quantum fears as the culprit.
Tech investor Jason Calacanis says he’s paying around $110,000 annualized to run an AI agent, more than most US salaries, and it’s not running at full capacity.
Bitcoin may stay capped under $70,000 as traders deploy bearish options strategies, and spot BTC ETF outflows point to a retest of the yearly low.
Analysis by Bitcoin services company River forecasts a transaction surge as individuals and businesses experiment with AI agentic payments.
Blockchain-based versions of US stocks are drawing growing investor activity, with onchain wallets and cross-venue trading expanding rapidly.
Paul Atkins and Hester Peirce spoke at ETHDenver on Wednesday on the future of regulation at the SEC and its response to crypto market volatility.
Bitcoin is on course to lock in another negative month, but one analyst says major differences in the current market structure could be a sign of a pending trend reversal.
A transaction-level analysis of 92 community banks found $78.3 million in net deposits moved to Coinbase over 13 months, with money market accounts losing most outflows.
The ETF invests exclusively in short-term US Treasurys and is structured for potential use by stablecoin issuers under US reserve requirements.