Day: January 29, 2025

Czech Central Bank Eyes Bitcoin for Reserves

In a historic move, Czech National Bank (CNB) Governor Aleš Michl is set to propose adding up to $7 billion worth of Bitcoin to the country’s reserves. If approved, the Czech Republic could become the first Western central bank to hold cryptocurrency as part of its asset portfolio. “For the diversification of our assets, Bitcoin […]

Trump Media Eyes Bitcoin with Fintech Expansion

President Donald Trump’s Trump Media and Technology Group (TMTG) is venturing into financial services, with plans to launch a fintech arm called Truth.Fi. The company, which operates the social media platform Truth Social, announced the move as part of a broader diversification strategy. In a bold declaration, Truth.Fi revealed that it may invest $250 million […]

Ripple CEO Criticizes Maximalism, Calls for Collaboration

Ripple CEO Brad Garlinghouse took to social media platform X on Jan. 27 to emphasize the importance of collaboration within the cryptocurrency industry and to critique divisive behaviors like maximalism. In his post, Garlinghouse underscored that the crypto sector’s success hinges on working together toward shared goals: “The crypto industry has a real shot, here […]

DeepSeek Shakes Up the AI Industry

Chinese startup DeepSeek has sent shockwaves through the global tech industry with its release of the R1 model, a revolutionary AI system that reportedly matches or exceeds U.S.-developed models at a fraction of the cost. The news triggered a massive sell-off in tech stocks, erasing nearly $600 billion from Nvidia’s market value alone. DeepSeek’s breakthrough […]