Elon Musk-led artificial intelligence company xAI announced a strategic partnership with US-based prediction market platform Kalshi. As part of the partnership, xAI’s AI chatbot, Grok, has been integrated into Kalshi’s platform. The collaboration marks Grok’s first foray into prediction markets. xAI announced the development in a post on X (formerly Twitter): “Kalshi and xAI are
Ethena Labs is preparing to debut its nearly $1.5 billion USDtb stablecoin in the U.S., less than a week after U.S. President Donald Trump signed a regulatory framework into law for stablecoins that is expected to grow consumer demand for the tokens. The synthetic-dollar protocol is partnering with Anchorage Digital, a cryptocurrency bank, to issue
Some 18% of Polish citizens have already put money into crypto assets, according to Warsaw’s own estimates made public during a parliamentary debate on Poland’s upcoming cryptocurrency regulations. Members of the Sejm, the lower house of parliament in Poland, are considering a government-sponsored piece of legislation meant to regulate cryptocurrencies like Bitcoin in the country
A recent HSBC analysis shows that the euro is becoming a reliable safe haven asset, ranking just behind gold and above Bitcoin. In a study led by the bank’s analysts, including Max Kettner, HSBC used millions of portfolio simulations and a method called bootstrapping to assess how different assets perform during market volatility. Notably, the
BTC dominance rises, XRP leads major altcoins lower. ETH ETFs see daily inflows for 2 weeks in a row. GS, BNY Mellon to launch tokenised funds. US crypto report coming on July 30. Whales pulled $1.7b ETH from Aave over last week. MARA raises $850m to buy BTC. Nature’s Miracle launches XRP treasury. Tether looking
Bank of America (BAC) says the GENIUS Act, signed into law last Friday by President Donald Trump, marks a turning point for U.S. stablecoin regulation, laying the groundwork for infrastructure development and tokenized finance growth. Supply of stablecoins, crypto tokens whose value is pegged to real world assets such as fiat currencies or gold, will
A new report from cryptocurrency exchange MEXC reveals that most Generation Z crypto traders now rely on artificial intelligence tools to guide their investment decisions. The findings highlight how automation and AI-driven strategies are reshaping crypto trading among young investors who seek both efficiency and emotional control in turbulent markets. Gen Z Leads the AI-Driven
Imagine a financial landscape where the innovative spirit of digital assets seamlessly integrates with the robust infrastructure of traditional banking. This vision is rapidly becoming a reality, and a recent announcement from 21Shares, a leading global issuer of cryptocurrency Exchange Traded Products (ETPs), and French banking giant Societe Generale, marks a truly pivotal moment for
AI giant SenseTime has announced a major capital raise of approximately HK$2.5 billion ($320 million). Through a placement of 1.667 billion new Class B shares. Infini Capital, a long-term investor, agreed to back the subscription after trading hours on Wednesday. The company confirmed that 20% of the net proceeds, around HK$500 million. They will allocate
By Omkar Godbole (All times ET unless indicated otherwise) Bitcoin’s (BTC) consolidation continues to take the wind out of the bull run in the broader market that had raised hopes for the so-called alt season marked by prolonged outperformance of alternative cryptocurrencies. Over the past 24 hours, major altcoins have experienced a significant decline, led