Riot appoints adviser with experience pivoting BTC mining assets to AI
One of three newly appointed directors to the board includes Jaime Leverton, the former CEO of Hut 8.
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Binance Labs says new AI investments will support wave of AI-powered DApps
Binance recently announced investments in decentralized artificial intelligence ecosystems Sahara AI and MyShell.

Central Bank of China Official Says Digital Yuan Will Be Different From Bitcoin
The People’s Bank of China’s (PBoC) deputy director Mu Changchun said that the digital form of the yuan will be different to Bitcoin (BTC) and stablecoins.Chinese news outlet South China Morning Post reported on Dec. 22 that the head of the digital currency research institute at the PBoC said that China’s digital currency would be…

Crypto staking rewards and their unfair taxation in the US
The United States Internal Revenue Service (IRS) stretches the tax rules to fit its cryptocurrency agenda. At no time in tax history has pure creation been a taxable event. Yet, the IRS seeks to tax new tokens as income at the time they are created. This is an infringement on traditional tax principles and problematic…

Peer-to-peer NFT sales surge as average purchase price increases 7X
The total lifetime NFT volume on the Ethereum blockchain alone has exceeded $120 million. 1114 Total views 12 Total shares Non-fungible tokens and digital collectibles have been selling like hotcakes over the past couple of months as volumes on peer-to-peer marketplaces surge.From NFTs representing NBA finals moments to crypto industry character cards, the total lifetime…

IMF execs float raising crypto mining electricity prices by 85%
A tax on the energy used by crypto miners could cut emissions by 100 million tons a year, equal to Belgium’s emissions, say two IMF executives.

Bitcoin whales aim to reclaim $42K after BTC price dives over 3%
Bitcoin (BTC) tapped lows beneath $41,700 after the Dec. 15 Wall Street open as BTC price action fielded fresh sell-side pressure.BTC/USD 1-hour chart. Source: TradingViewBitcoin balks at SEC Coinbase rejectionData from Cointelegraph Markets Pro and TradingView showed BTC/USD diving over $1,300, or 3.2%, on the day.The largest cryptocurrency, fresh from a recovery from snap volatility

3 reasons why Polkadot could be the next altcoin to hit a new all-time high
Layer-1 smart contract platforms increased their market share throughout August after the Ethereum network London hard fork did little to solve the major issues of high transaction fees and network congestion. One top-10 protocol that has been gaining momentum, but has yet to experience a significant price breakout to new highs like some of its competitors is…

Bitcoin needs ‘key’ $75k support to avoid price drop amid macro concerns
Bitcoin risks more downside if it loses a “key” $75,000 support amid growing concerns over a potential trade war between the United States and China. Bitcoin’s (BTC) price has fallen more than 6.5% during the past 24 hours to sink below a low of $78,197, which was last seen on Nov. 10, 2024, Cointelegraph Markets