XRP Ecosystem Gets $100 Million AI Upgrade From KaJ Labs
KaJ Labs, the developer behind the on-chain enterprise platform Atua AI (TUA), has committed $100 million to advance artificial intelligence (AI) applications within the XRP ledger ecosystem. The announcement, made on December 12, 2024 in Dubai, UAE, aims to develop AI-driven solutions tailored specifically for XRP’s infrastructure. XRP Meets...
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Fake Uber Driver Takes Passengers For A Ride By Stealing Crypto Over $300K
An Arizona man posing as an Uber driver allegedly stole over $300,000 in cryptocurrency from unsuspecting passengers, according to a report on Thursday. What Happened: The accused, Nuruhussein Hussein, pretended to be an Uber driver and picked up people waiting at a Scottsdale hotel, FOX 10 Phoenix reported, citing...
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Cumulative Bitcoin Volume Hits $131 Trillion—But How Much Of It Is ‘Real’ Transfers?
The on-chain analytics firm Glassnode has revealed how much of the total cumulative Bitcoin volume reflects ‘real’ transactions. Entity-Adjusted Approach For Bitcoin Volume Reveals Shocking Fact In its latest weekly report, Glassnode has discussed about how some of the metrics core to the Bitcoin network are like after the...
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Bank of England watchdog asks firms to disclose crypto exposure
The UK’s central bank wants to monitor the stability of crypto and set future policy and has asked local firms to disclose their current and future crypto plans....
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Texas House Unveils Bill To Create a Strategic Bitcoin Reserve
On Thursday, the Texas House of Representatives took a significant step toward integrating cryptocurrency into state financial strategy by introducing a bill aimed at establishing a strategic Bitcoin reserve. Sponsored by Republican state Representative Giovanni Capriglione, the proposed legislation seeks to allow the state to accept taxes, fees, and...
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Dogecoin’s Fate Tied To Bitcoin, Says Crypto Analyst: ‘Sit Back And Wait’
A popular cryptocurrency analyst cautioned Dogecoin (CRYPTO: DOGE) traders on Thursday not to overly focus on the cryptocurrency, as its movements are linked to what Bitcoin (CRYPTO: BTC) does. What Happened: Kevin, known for sharing insights and forecasting price movements for the meme coin giant, stated, “My position is...
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Trump-Linked World Liberty Financial’s Purchases Induce Searing Hot Rally In Aave And Chainlink
Aave and Chainlink were the biggest cryptocurrency gainers on Thursday following significant purchases from President-elect Donald Trump-backed project, World Liberty Financial. What happened: AAVE topped the gainers list, leaping over 19% in the last 24 hours to its highest value since Sept. 2021. The coin’s trading volume popped 146%...
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Ukraine To Legalize Crypto: Lawmakers Preparing Bill For Early 2025
As the market continues its massive rally, Ukrainian lawmakers are preparing to legalize crypto soon officially. Local reports revealed that the parliament is working on a draft law but is not considering tax exemptions for digital assets. Ukraine Prepares To Legalize Crypto During a “Domestic Investment Opportunities” forum, Danylo...
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Texas Mirrors Trump’s Vision, Introduces Bill To Set Up Bitcoin Reserve With 5-Year Holding Period
In a move that mirrors President-elect Donald Trump’s cryptocurrency vision, a bill proposing a strategic Bitcoin (CRYPTO: BTC) reserve was put forth in the state of Texas on Thursday. What Happened: Texas Republican Rep. Giovanni Capriglione introduced the bill, also called the Texas Strategic Bitcoin Reserve Act, which proposed the establishment of a...
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Trump Gives A Nod To Market Volatility, Tells Cramer ‘A Dip Can Always Happen’
President-elect Donald Trump acknowledged market volatility risks while discussing economic plans with CNBC’s Jim Cramer at the New York Stock Exchange on Thursday while suggesting future cryptocurrency initiatives. What Happened: “A dip can always happen,” Trump told Cramer during a trading floor interview, avoiding specific market predictions. He emphasized...
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