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Bitcoin will protect the wealth that AI creates: Pompliano

AI machines will need to use and store their wealth somewhere, and Bitcoin is the logical choice for that, Anthony Pompliano says. Source link

'Privacy-minded' CBDCs are a wolf in sheep’s clothing

CBDC developers have made little progress in developing products capable of “preserving privacy,” and government is not complaining. Source link

Bitcoin analysts forecast BTC price drop to $50K before parabolic run begins

A handful of Bitcoin analysts now believe BTC price is headed below $50,000. Cointelegraph explores why. Source link

President of Jump Crypto steps down

Kanav Kariya announced his resignation amid reports of a pending investigation into Jump Crypto’s activities and several incidents dating back to 2022. Source link

Bitcoin derivatives turn bearish as traders anticipate sub $60K BTC price

Bitcoin derivatives data suggests that macroeconomic and crypto-specific factors are behind BTC’s recent drop below $60,000. Source link

SEC drops investigation into Ethereum: Law Decoded

A letter from Consensys states that the SEC’s approval of spot Ether exchange-traded funds indicated that it had “updated its position to classify ETH as a commodity and not a security,” but not everyone agrees. Source link

Louisiana’s new crypto law protects node operators, bans CBDC

The U.S. state of Louisiana has updated its legislation to ban the use of central bank digital currencies and to establish rules for digital asset miners and node operators. Source link

How DePIN is poised to disrupt the cloud computing industry: Report

Cointelegraph Research uncovers how DePIN networks and SwanChain’s ecosystem are changing the cloud computing industry. Source link

European Central Bank releases first CBDC progress update

The ECB promised pseudonymization and independent audits of the CBDC system to calm consumer fears of tracking. Source link

Bitcoin 'whale games' come early as BTC price swoons below $60K

BTC price weakness delivers seven-week lows as whale “spoofing” across order books creates grim conditions for Bitcoin bulls. Source link