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Bitcoin Reserve Plan Emerges as Musk Sounds Alarm on U.S. Debt Crisis
Elon Musk expresses grave concerns over America's spiraling $36 trillion debt, while the Trump administration explores establishing a national Bitcoin reserve. The initiatives include a new Doge-inspired department led by Musk that has reportedly generated $100 billion in savings.
Barclays Makes $131M Strategic Investment in BlackRock's Bitcoin ETF
Barclays Bank has invested $131 million in BlackRock's Bitcoin ETF, marking a significant milestone in institutional crypto adoption. The investment follows increased interest after the US election and aligns with other major banks expanding their Bitcoin ETF holdings.
Ethereum's Pectra Upgrade Set for April 2025, Fusaka Plans Take Shape
Ethereum developers have locked in April 8, 2025 for the Pectra upgrade launch, following comprehensive testing phases on multiple networks. The announcement comes amid discussions about the subsequent Fusaka upgrade timeline and organizational changes at the Ethereum Foundation.
SEC and Binance Agree to 60-Day Legal Pause as New Crypto Task Force Forms
A federal judge has granted a temporary suspension in the SEC's lawsuit against Binance while a new regulatory task force reviews cryptocurrency policies. The pause could influence similar cases and signals potential shifts in U.S. crypto regulation.
Robinhood's Crypto Trading Surge Drives 14% Stock Rally to Multi-Year High
Robinhood's stock skyrocketed 14% after reporting an eight-fold increase in crypto trading revenue, adding $6 billion to its market value. The commission-free platform's success highlights growing mainstream crypto adoption, despite offering fewer tokens than competitors.
SEC Begins Review of Grayscale XRP Trust ETF Proposal Amid Market Rally
The SEC has initiated its evaluation of NYSE Arca's proposal to list the Grayscale XRP Trust as an ETF, beginning a 21-day public comment period. The news sparked positive market reaction, with XRP's price climbing 3.12% amid broader implications for the cryptocurrency's regulatory status.
ZkLend Offers 10% Bounty to Hacker Following $9.5M Protocol Exploit
DeFi lending protocol ZkLend suffered a $9.5 million security breach, prompting them to offer the hacker a 10% bounty for returning the stolen funds. The incident adds to the growing security concerns in crypto, with over $100 million already stolen from blockchain projects in early 2025.
Decentralized AI: The Rising Challenger to Big Tech's AI Dominance
As tech giants pour billions into AI development, a revolutionary decentralized approach called DeAI emerges as a formidable competitor. Running on distributed networks similar to Bitcoin, this new paradigm promises greater transparency, fair rewards, and freedom from corporate control.
CAR President Launches Controversial Meme-Coin Despite Previous Bitcoin Setbacks
Central African Republic's President Touadéra unveils $CAR cryptocurrency as an experimental initiative to boost development, despite its 90% post-launch plunge. The move follows CAR's limited success with Bitcoin adoption in 2022, raising both hopes and concerns about the nation's crypto ambitions.