The three-week-long US government shutdown is “likely to end sometime this week,” according to a White House economic adviser, potentially reviving crypto regulatory progress. “I think the Schumer shutdown is likely to end sometime this week,” Hassett told CNBC’s Squawk Box segment on Monday, referring to Senate Minority Leader Chuck Schumer, whom Republicans have pointed…
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Nasdaq-listed Bitcoin mining company CleanSpark’s shares soared over 13% on Monday, after the company announced a strategic expansion into artificial intelligence. CleanSpark, the fifth-largest Bitcoin (BTC) mining company by market capitalization, announced a new strategy to expand into AI data center infrastructure, aiming to diversify its revenue streams and strengthen long-term cash flow potential. To…
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The US government is entering its third week shut down, with a Senate vote scheduled for Monday evening to end the funding impasse, and a separate meeting on Wednesday where lawmakers and crypto executives will discuss the long-stalled crypto market structure bill. The Senate will vote at 5:30 p.m. ET for the 11th time in…
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Key points: Bitcoin and most major altcoins have bounced off their support levels, indicating solid demand at lower levels. Buyers may find it difficult to sustain the recovery, as the bears are expected to sell on rallies. Bitcoin (BTC) made a strong comeback on Monday, rising above $111,000. Traders turned bullish after US President Donald…
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Bolivian President-elect Rodrigo Paz plans to tackle corruption in his country’s government using blockchain technology. The Associated Press reported Monday that Paz defeated rival Jorge Quiroga 54.5% to 45.5% and is set to take office on Nov. 8. Paz won Sunday’s runoff on a centrist, pro-market message and inherits an economy strained by fuel shortages…
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Michael Saylor’s Strategy, the world’s largest public Bitcoin holder, added to its BTC stash last week amid another market sell-off following the Black Friday crypto crash. Strategy acquired 168 Bitcoin (BTC) for $18.8 million last week, according to data published by Strategy on X on Monday. The latest Bitcoin acquisition was made at an average…
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Opinion by: Andreas Melhede, co-founder of Elata Biosciences Neuralink’s first-ever brain implant is turning science fiction into reality. It’s a coin-sized device with hair-thin electrode threads that a surgical robot weaves into the brain’s cortex to read and send neuron signals. These signals are then transmitted wirelessly to a computer, allowing the person wearing the…
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Grok and DeepSeek outperformed other major artificial intelligence (AI) chatbots in cryptocurrency trading, timing the market’s local bottom before a recovery rally and hinting at a possible edge for users who rely on their insights. Grok 4 and DeepSeek were the two best-performing generative AI chatbots in a crypto trading competition launched by developers that…
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Cryptocurrency investment products were unable to sustain their two-week inflow streak, with fund flows turning negative last week following crypto’s “Black Friday” market crash. Crypto exchange-traded products (ETPs) saw $513 million in outflows last week, ending the two-week streak totaling $9.1 billion, CoinShares reported on Monday. Addressing the total $668 million of outflows following the…
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BlackRock launched a Bitcoin-linked exchange-traded product (ETP) in the United Kingdom following the Financial Conduct Authority’s (FCA) decision to ease restrictions on crypto investment vehicles. On Monday, the asset manager’s website showed that the iShares Bitcoin ETP had been listed on the London Stock Exchange. According to the Sunday Times, the product, which is structured…
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