Bitcoin and Ethereum, the leading names in the cryptocurrency space, had a quiet Friday after a strong start to the week. Bitcoin peaked at $94, 600 on Wednesday and was trading near $95, 300, marking a 4. 6% increase for the week. Ethereum also saw gains, rising 5. 9% to $3, 250. However, trading
Senator Elizabeth Warren has raised eyebrows by highlighting former Representative Carolyn Maloney's new job in the crypto world. Maloney recently joined the Coalition for Prediction Markets, a group that includes big names like Kalshi, Crypto. com, and Robinhood. The coalition's main goal is to pus
The Senate Banking Committee had big plans to vote on a major crypto law, but things didn't go as expected. The CLARITY Act, which aims to set rules for the crypto market, was supposed to be voted on, but it got delayed. Why? Well, some big names in the crypto world pulled their support, and there w
Polygon Labs has made a big move. They bought Coinme and Sequence for $250 million. This is a big deal because it shows that stablecoins are becoming more popular for payments. Stablecoins are digital money that is tied to real-world currencies like the dollar. They are becoming more popular becaus
Australia has taken a big step to protect young people online. A new law now stops kids under 16 from using popular social media sites. In just one month, nearly 5 million accounts linked to Australian teens have been shut down. This shows the law is working, at least a little. The law affects big
The Philippines is taking steps to restrict access to Elon Musk's AI chatbot, Grok. This move comes after worries about its potential to create inappropriate images, especially those that might endanger children. Henry Aguda, the secretary of information and communications technology, confirmed this
Italy's data privacy agency, often seen as a tough enforcer of tech giants, is now under scrutiny itself. Police recently raided its offices as part of a corruption and embezzlement investigation. The probe focuses on the agency's president and three board members, with allegations of overspending a
The crypto industry is split on the CLARITY Act, a bill aiming to regulate digital assets in the U. S. Some big names in crypto, like Coinbase, are against it. They say the bill could make things worse. Others, like Chris Dixon from a16z Crypto, think it's a good start. They believe it protects dece
The financial world is buzzing with talk about stablecoins and their potential impact on traditional banking. Brian Moynihan, the CEO of Bank of America, has raised concerns that interest-bearing stablecoins could siphon off a massive $6 trillion from bank deposits. This shift could hit small-to-med
Russia is taking steps to make cryptocurrency a part of everyday life. Lawmakers are working on a new bill that could change how people use digital money. This bill would allow regular investors to buy crypto, but with some limits. The head of the finance committee in Russia's parliament, Anatoly A
