Crypto News
Powell Signals Return to Traditional Inflation Targeting
Federal Reserve Chair Jerome Powell revealed a major shift to the central bank’s monetary policy framework during his Aug. 22, 2025, speech at the Jackson Hole Economic Symposium, signaling a departure from strategies rolled out in 2020 as economic conditions changed. Fed Chair Unveils Revised Inflation Strategy The updated Statement on Longer-Run Goals and MonetarySource link
KPMG Says Investor Interest in Digital Assets Will Drive Strong Second Half for Canadian Fintechs
Canadian fintech companies raised $1.62 billion in the first half of 2025, with digital assets and artificial intelligence (AI) startups taking the lion's share of fresh funding, according to KPMG Canada’s Pulse of Fintech report.While fintech funding slowed globally, Canadian investors maintained steady support for ventures at the intersection of finance and emerging technology. The report singled out companies building blockchain-based infrastructure and AI-driven financial tools as leading growth areas."If we look at the first half of 2025, it's clear that digital assets have re-emerged as a magnet for investor interest, despite the broader contraction in venture investment values," said Edith Hitt, a partner at KPMG Canada.AI investments aren't surprising, given its monumental expansion in recent years. However, Canadian investors...
Tokenized Treasury Sector Surpasses July High, Setting New Record
The total value locked (TVL) in tokenized U.S. Treasuries has climbed back to its peak, hitting $7.42 billion on Aug. 23, slightly above the previous record of $7.41 billion set on July 16. Institutional U.S. Bond Tokens Hit $7.42B Across 49 Products The latest figures from rwa.xyz show growth of 1.41% from a week ago,Source link
God in the Machine: Inside the Growing AI Religious Movement
Scholars say tech worship isn’t new, but warn that AI faith may stem from loneliness and mental health struggles, not divine truth.Source link
Eric Trump Makes Bitcoin Price Predictions as He Reportedly Gets Ready to Visit Metaplanet
Eric Trump is deepening his role in digital assets with reported plans to attend a shareholder meeting in Tokyo, public predictions about bitcoin’s price, and new corporate ventures that extend the Trump family’s crypto push into Asia.Bloomberg reported Friday that Trump will join a Sept. 1 shareholder meeting of Metaplanet, a Japanese company following Michael Saylor’s Strategy (formerly, MicroStategy) playbook, citing people familiar with the matter. Trump was appointed as a strategic adviser in March. His Tokyo stop will apparently follow an appearance at the Bitcoin Asia conference in Hong Kong on Aug. 28–29. A day earlier, Trump appeared at the Wyoming Blockchain Symposium, where he described himself as a “bitcoin maxi” and said he now spends more than half...