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Secretary of the Treasury Janet Yellen says AI will only become more important in the years to come.
Following the recent resignations, OpenAI has opted to dissolve its Superalignment team and integrate its functions into other research projects within the organization.
Janover Inc., a real estate data platform, is undergoing a significant transformation after a group of former Kraken executives acquired a controlling stake. According to an April 7 statement, the company is rebranding to DeFi Development Corporation and redirecting its focus to decentralized finance, beginning with Solana. Janover explained that it has adopted a new […]
The post Janover stock soars 300% as former Kraken execs push for pivot to Solana-centered strategy appeared first on CryptoSlate.
Janover’s price has skyrocketed by 1000% following the announcement of their new crypto ownership solution. This surge comes as the Sol Treasury reveals ambitious plans for the future development of the project. The increase in Janover’s price showcases the market’s positive response to the innovative crypto ownership solution. Investors are showing a strong interest in [...]
The post Former Kraken Executives Acquire Real Estate Firm Janover and Reveal Plans for SOL Treasury appeared first on Crypto Breaking News.
Samson Mow, the chief executive at Jan3, recently spoke to Forbes about the latest Bitcoin halving and its potential to catalyze what he refers to as the Omega candles significant price movements that could elevate Bitcoin to the $1 million mark. According to Mow, halvings ensure a controlled distribution of Bitcoin, maintaining scarcity and [...]
The post Samson Mow On Bitcoin Halving: Brace For Supply Shock, Omega Candle In Sight appeared first on Crypto Breaking News.
Cryptocurrency prices are starting to grind through a period of slow but steady gains in the past 48 hours, with Bitcoin again leading the charge and most altcoins lagging in recovery. In a recent post on the X platform, popular Bitcoin maximalist and CEO of JAN3, Samson Mow, described the misleading nature of unit bias among altcoins. According to Mow, Ethereum at $9,200, XRP at $5,800, and Solana at $3,400 is virtually impossible, given the current supply of these tokens. Unit Bias And Market Cap: The Numbers Don’t Lie Mow’s post on X challenges how investors perceive the value of altcoins like Ethereum, XRP, and Solana. He proposed a reframing of altcoin valuations by applying Bitcoin’s supply model to them. Bitcoin was created with a total possible circulating supply of 21 million units, with 19.85 million of those currently in circulation. Related Reading: Samson Mow Dumps Bitcoin Bombshell: Current Price Action Is Manufactured, Not Natural At the time of writing, one unit of 21 million Bitcoins is trading around $88,000. This price might be too much for retail traders. As such, the idea of owning a whole unit of XRP or Solana feels more accessible to newcomers and retail traders compared to buying a fraction of Bitcoin with the same capital. To expose how misleading this mindset can be, Mow reimagines altcoin valuations by dividing their total market capitalizations by Bitcoins 21 million supply cap. This is essentially asking what one unit of these assets would cost if they had the same scarcity of supply as Bitcoin. Based on current market caps, Ethereum would be valued at approximately $9,200, XRP at $5,800, and Solana at $3,400. Given the current price of Ethereum, Solana, and XRP, these figures are unrealistic and reveal how much of the altcoin appeal is driven by unit bias rather than actual value. Furthermore, it shows that Bitcoin has better fundamentals and scarcity in its supply dynamics. Narrative Of Bitcoin Dominance Getting Stronger For Mow and other Bitcoin maximalists, the disparity in Bitcoin supply and that of popular altcoins is yet another reason why Bitcoin dominance is likely to grow stronger in the long run. Notably, the inflows into spot Bitcoin ETFs and increasing recognition among traditional finance investors are strengthening the case for Bitcoin’s dominance going forward. Related Reading: Is It Time For Altcoin Season? Bitcoin Dominance Rises To Major Rejection Zone Notably, Mows perspective stands in opposition to the outlook held by some analysts who still anticipate an incoming altcoin season. These analysts believe that Bitcoin dominance, despite currently sitting at a yearly high of 63.5%, could be on the verge of a reversal. One notable technical analysis even projected a sharp crash in dominance toward the 40% mark in the coming months. At the time of writing, Bitcoin is trading at $88,530, up by 1.3% in the past 24 hours. Ethereum is trading at $1,620, representing a 1.5% decline over the same period. Solana is down 0.5% at $140, and XRP is trading at $2.09 after a 1.63% decline in the past day. Featured image from Pixabay, chart from Tradingview.com
US Senator Elizabeth Warren has urged Treasury Secretary Janet Yellen to include comprehensive Anti-Money Laundering and Combating the Financing of Terrorism measures for stablecoins, highlighting potential risks of funding terrorist activities. (Read More)
Representatives Gus Bilirakis and Jan Schakowsky, part of the House Innovation, Data, and Commerce Subcommittee, have sent a letter to Apple requiring information and documents regarding Apple’s iOS Appstore policies on blockchain, non-fungible tokens (NFTs), and distributed ledger technologies. The representatives believe Apple’s policies might “limit innovation and American technology leadership” in these areas. Bilirakis [...]
The post US Representatives Bilirakis and Schakowsky Inquire About Apple’s Policies on Blockchain and NFTs appeared first on Crypto Breaking News.
A recent report from Jan Nieuwenhuijs, an expert in the Chinese gold market, has found that the actual gold reserves held by the People’s Bank of China might comprise over 5,300 tonnes, dwarfing official numbers. Nieuwenhuijs explains China might be a driving force behind increasing gold prices, as the country moves to hoarding gold to [...]
The post Report: China Could Be Hoarding Over 5,300 Tonnes of Gold, Might Create Price Perfect Storm appeared first on Crypto Breaking News.
In January 2026, Caitlin Long expressed concerns about the growing trend of “crypto de-banking” in the digital asset industry. Long, a prominent figure in the blockchain and cryptocurrency space, highlighted the risks associated with financial institutions denying services to individuals and companies involved in cryptocurrency. This phenomenon, known as “crypto de-banking,” poses significant challenges for [...]
The post Caitlin Long predicts crypto debanking will continue until January 2026 appeared first on Crypto Breaking News.
Amid the bullish sentiment around the crypto landscape, the Altcoin overall market cap has displayed positive strength as many investors and traders are throwing capital into several altcoins ahead of the bull cycle. Altcoin Market To Rally Toward $425 Billion Since Bitcoin has surged to a new record high, many cryptocurrency analysts anticipate a surge [...]
The post Key Trend Driving Altcoin Market Toward $425 Billion: Analyst appeared first on Crypto Breaking News.
U.S. Treasury Secretary Janet Yellen has updated her projection regarding the date the U.S. government could default on its debt obligations. She warned that the Treasury “will have insufficient resources to satisfy the government’s obligations if Congress has not raised or suspended the debt limit by June 5.” Yellen Warns US Could Default on June [...]
The post Treasury Secretary Yellen Revises Debt Default Date: US Government Could Exhaust Funds by June 5 appeared first on Crypto Breaking News.
Cointelegraph analyst and writer Marcel Pechman explains how a U.S. debt default could impact Bitcoin and the larger cryptocurrency market.
The CEO of investment management firm Vaneck has predicted a bull cycle for gold and bitcoin. “We are at the very beginnings of what could be a several-year cycle in gold, and I also put bitcoin in that category as well,” the executive said, adding that the Federal Reserve is “close to the end of [...]
The post Vaneck CEO Predicts Bull Cycle for Bitcoin and Gold — Expects Fed Tightening to End Soon appeared first on Crypto Breaking News.
Jan Nieuwenhuijs, a gold market analyst, has predicted that gold might exceed prices of $8,000 during the next decade, as the current Ukraine-Russia war, and the worldwide battle against inflation, shift the preference of central banks for foreign currencies to gold. The proposed long-term price model shows that each troy ounce of the metal might [...]
The post Analyst Predicts Gold Prices Might Exceed $8,000 in the Next Decade as Central Banks Lose Confidence in Foreign Currency appeared first on Crypto Breaking News.
California Rep. Maxine Waters, ranking member of the United States House Financial Services Committee, has called on leadership at federal regulatory agencies to weigh in on a proposed framework for digital assets. In separate letters dated June 23, Waters requested Treasury Secretary Janet Yellen and Securities and Exchange Commission (SEC) Chair Gary Gensler provide information [...]
The post US lawmaker calls for info from Treasury and SEC on crypto market structure bill appeared first on Crypto Breaking News.
As calls for the creation of a global alternative to the greenback grow, credit rating agency Moody’s said on May 25 that rival currencies such as the euro and the Chinese yuan do not yet threaten the U.S. dollar’s position as the world’s reserve currency. The agency said a confidence-sapping policy mistake such as the [...]
The post Moody’s on De-Dollarization: Rating Agency Labels US Debt Default a ‘Near-Term Danger to the Dollar’s Position’ appeared first on Crypto Breaking News.
Billionaire Bill Ackman has warned that the U.S. economy is “heading for a train wreck” if the government allows the current banking crisis to continue. “Trust and confidence are earned over many years, but can be wiped out in a few days,” he said. “Hopefully, our regulators will get this right.” Bill Ackman’s Warning Billionaire [...]
The post Billionaire Bill Ackman on US Banking Crisis: ‘I Fear We Are Heading for a Train Wreck’ appeared first on Crypto Breaking News.
U.S. Treasury Secretary Janet Yellen has defended the dominance of the U.S. dollar amid rising efforts by emerging countries to de-dollarize. Brazilian President Luiz Inácio Lula da Silva, in particular, is set to raise the issue of de-dollarization at the next BRICS meeting. “There is a very good reason why the dollar is used widely [...]
The post US Treasury Secretary Defends Dollar Dominance as Emerging Markets Push to De-Dollarize appeared first on Crypto Breaking News.
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