PrimeXBT: AI is setting the mood for markets, and crypto is following

So far this year, Bitcoin and the Nasdaq have been performing quite differently. Tech stocks kept setting records on the back of the AI mania, while the primary cryptocurrency was struggling in a full-blown bear market. The same driving force underpinned both trends: Artificial Intelligence. It directed capital allocation...
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OCC Lets Crypto Firms Keep Paying Stablecoin Rewards

The OCC’s new GENIUS Act rules let exchanges like Coinbase and Robinhood keep paying interest-like stablecoin rewards, despite warnings from banks about deposit flight. TLDR Federal regulators have confirmed that crypto exchanges can keep paying interest-like rewards on stablecoin balances. Under the OCC’s new GENIUS Act rules, stablecoin issuers...
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