Crypto News

Just how meaningful is the The Beatles' milestone for the testy relationship between AI and the entertainment industry?Source link

U.S. President Donald Trump has issued an executive order mandating the formation of a federal sovereign wealth fund, a move unveiled during a press briefing on Monday. Trump Mandates Federal Sovereign Wealth Fund “We have tremendous potential,” Trump declared to the press, flanked by aides, as he finalized the directive—a strategic mechanism designed to centralizeSource link

Data portability is a commonly-repeated promise of crypto. “Take your followers and social graph across the internet.” “Bring your video game items across games and platforms.” “Log into any site with a single, unified identity.” These claims have excited builders and developers, but haven’t yet gone mainstream.Recent platform shifts have highlighted the fragility of our digital lives. With talks of a potential TikTok ban, creators face losing years of content and audience relationships overnight. Meanwhile, as US consumers embrace new AI models like DeepSeek, built in China, they face similar questions about where their data lives and who might get access to it.These are symptoms of a fundamental problem: users don't truly own or control their data. We live on...

U.S. President Donald Trump signed an executive order Monday afternoon charging the Treasury and Commerce Departments with creating a sovereign wealth fund.While Treasury Secretary Scott Bessent has expressed at least cautious interest in crypto, Commerce Secretary nominee Howard Lutnick has been a loud champion for the sector. His bond trading powerhouse Cantor Fitzgerald is the custodian for stablecoin giant Tether's massive holdings of government paper, and Lutnick himself has talked about his own personal massive exposure to bitcoin (BTC).Appearing alongside Trump in the Oval Office Monday, Bessent said he expected the sovereign wealth fund to be created in the next 12 months. While bitcoin reportedly was not mentioned at the signing, a sovereign wealth fund could potentially be a vehicle...

Sustained tariffs may delay rate cuts, but a quick resolution could make for a “solid” entry point, one analyst said.Source link