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top news
XRP's Market Cap Momentarily Zoomed to Trillions of Dollars on Gemini
Low liquidity after the token’s relisting likely caused a temporary pricing glitch on the exchange.

Congresswoman Maxine Waters Says She’s ‘Deeply Concerned’ About PayPal’s New Stablecoin
The top Democrat on the House Financial Service Committee said federal rules should be in place before a company the size of PayPal issues a stablecoin.

Grimes Made More Money From NFTs Than From Her Entire Music Career: Wired
The artist also said she hopes that the tokens and crypto can “come back” to help compensate digital artists.

‘The Next Crypto Gem’ TV Show Aims to Be ‘The Apprentice’ for Crypto
The new reality show pits contestants against one another for a prize package estimated to be worth over $150,000.

Why PayPal's Stablecoin Scares Washington and Could Shake Legislative Talks
For some U.S. financial regulators, the ghost of Libra — the then-Facebook effort to establish a mass-appeal stablecoin — will forever haunt the debate over regulating stablecoins.

AI Will Be One of the Most Important Investment Themes Over the Next Decade: Morgan Stanley
The generative-AI market rally is assumed to have started with the launch of ChatGPT late last year, the report said.

It's ChatGPT, but for Bitcoin: New AI Tool Avoids 'Hallucinations'
An experimental version of the Bitcoin-focused AI chatbot was released on Thursday by Chaincode Labs, which says its new "ChatBTC" is less likely to give incorrect answers about the original blockchain, or to “hallucinate” like the more popular (and generalist) ChatGPT.

I Have 1M Questions About the PayPal Stablecoin. Here Are 5
The payments giant’s new stablecoin will compete with Tether's and Circle's coins, but it’s not breaking any new ground.

A Long-Awaited Crypto Tax Rule Was Written Months Ago. Why Isn’t it Proposed?
Senators have told the IRS to hurry its regulations on brokers reporting crypto transactions while crypto lobbyists question whether the delay is a White House strategy.

PayPal to Issue Dollar-Pegged Crypto Stablecoin Based on Ethereum
The token will be available first on PayPal and then on Venmo, and can be exchanged for U.S. dollars at any time.
