News
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Who accepts Dogecoin?
A quick ride to the past – It was the year 2013; Dogecoin (DOGE), created by Jackson Palmer and Billy Markus entered the cryptocurrency market. DOGE was intended as a fun alternative to Bitcoin and other serious altcoins, so more or less a “meme coin.” Little did the creators know that their Shiba Inu dog-themed […]Cryptopolitan
Sat, Nov 23
VanEck predicts Bitcoin price at $180K
VanEck analysts forecast Bitcoin price will hit $180,000 in 18 months, by favorable regulations, rising institutional interest, and a changing market structure, though they caution about short-term risks. VanEck has reaffirmed Bitcoin price target of $180,000, predicting the cryptocurrency will reach this level within 18 months. In a detailed report released on November 21, analysts […]Cryptopolitan
Sat, Nov 23
Bananas, Bitcoin, and the rise of useless luxury that’s all about the price tag
A banana duct-taped to a wall sold for $6.2 million. That’s right. Six million dollars for fruit that’ll rot in a week unless you freeze it. But this wasn’t about the banana; it was about what it represented: absurd wealth, clout, and the audacity to spend on something completely useless. The banana is now in […]Cryptopolitan
Sat, Nov 23
AI data centers may consume more power than whole cities
The energy demands of artificial intelligence and cloud computing are spiraling out of control. Data centers, once merely power-hungry, are now growing so massive they could soon surpass entire cities—or even U.S. states—in electricity consumption. Developers of these facilities are racing to secure power and land to keep up with the explosion in demand, driven […]Cryptopolitan
Sat, Nov 23
Tiny AI robot kidnaps 12 larger robots from China’s showroom
A tiny AI-powered robot abducted 12 larger robots from a Shanghai robotics showroom. The security cam footage has since gone viral on social media, with debates on the safety threats of AI. The tiny AI robot named Erbai is the property of Unitree Robotics. The camera footage of the incident first emerged on the Chinese […]Cryptopolitan
Sat, Nov 23
Everything Fallout 76 has in store for gamers in the next 4 months
Season 19 of Fallout 76 has been revealed, along with the content plan of the game until the end of March 2025. The latest season will premiere on December 3, and it looks like players are going to get a lot of new content in Bethesda’s popular game. The game has seen significant changes since […]Cryptopolitan
Sat, Nov 23
What Scott Bessent, Trump’s pick for Treasury Secretary, means for markets
Scott Bessent is stepping into a storm. Trump’s pick for Treasury Secretary has a lot on his plate: the government’s $29 trillion debt, expiring tax cuts, trade wars, booming crypto and stock markets, and even the Federal Reserve’s future. Bessent, who runs Key Square Group, is no stranger to big bets. He’s a hedge fund […]Cryptopolitan
Sat, Nov 23
Report: FSA in secret crypto crackdown talks as Trump hype and Japan investment skyrockets
Japan’s Yomiuri Shimbun reported Saturday that the Financial Services Agency (FSA) is holding closed talks with “experts” about cracking down on Bitcoin and crypto in Japan. Some residents are bullish on the news, as they hope for tax relief via potential legal amendments. Their hopes and consequent skyrocketing centralized adoption in Japan hinge on the […]Cryptopolitan
Sat, Nov 23
Fed’s Michelle Bowman warns against quick fixes in AI regulation
Michelle Bowman, a Federal Reserve Governor, has a message for policymakers itching to regulate artificial intelligence: slow down. Speaking in Washington, Bowman warned that jumping into strict rules could backfire. “We need not rush to regulate,” she said. Her primary concern is that over-regulation could drive innovation out of the banking sector entirely, leaving valuable […]Cryptopolitan
Sat, Nov 23
Binance plans major expansion of its compliance team by 34%
Binance is expanding its compliance team, aiming for a 34% growth by the end of 2024, to strengthen its regulatory efforts and ensure a safer platform for its 240 million users. Binance announced plans to grow its compliance team by 34% by the end of 2024. This means they’ll have a workforce of over 1,000 […]Cryptopolitan
Sat, Nov 23
EU nations push for urgent talks with Trump’s team to avoid trade fallout
European Union countries are freaking out over Donald Trump’s incoming administration. They want to start talks with his team now to avoid a full-blown trade disaster. The guy’s made it clear he’s all in on protectionist policies, and Europe isn’t exactly in the mood for surprises from its largest trading partner. Some EU diplomats are […]Cryptopolitan
Sat, Nov 23
President Trump plans for Kevin Warsh to replace Jerome Powell as Fed chair
The soon-to-be 47th president of the United States, Donald John Trump, is already mapping out his economic dream team, and Federal Reserve Chair Jerome Powell is not part of it. Trump is reportedly looking to replace Powell when his term ends in 2026, and the name at the top of his list is Kevin Warsh. […]Cryptopolitan
Sat, Nov 23
