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Donald Trump headed back to the White House after an election in which candidates backed by the crypto industry overwhelmingly won seats in Congress, the stage appears set for a rush of digital-asset mergers. A half-dozen mergers advisers and venture capitalists interviewed by Bloomberg News after Trump’s emphatic victory said they expect a sharp pickup in activity next year. They cited expectations that Trump will follow through on his pledge to remove US Securities and Exchange Commission Chair Gary Gensler, who’s led a years-long crackdown on the industry, as well as for more favorable legislation.

smaller cities showing a strong appetite for crypto adoption. Interestingly, Jaipur secured the sixth spot on the top 10 list after Delhi-NCR, Bengaluru, Mumbai, Hyderabad, and Pune. A significant majority of crypto investors in India (75%) are under the age of 35 Given that about 65% of the country's total population is under 35 years of age, crypto presents a huge opportunity for investments. This evolving crypto tale is shaped by the global crypto narrative where it is no longer just a buzzword—it’s a global financial movement reshaping economies and creating unprecedented opportunities. The year 2024 ended on a high note for crypto investors, with Bitcoin outshining traditional investments such as stocks, bonds, and gold, delivering a staggering 140% annual return. Starting the past year at $42,000, it soared past $100,000 in December, hitting a record $108,268

Bitcoin has seen a dream run over the past month since the reelection of Donald Trump as the 47th US President. From around $67,000 on the day of the election to a lifetime of $99,655, Bitcoin has increased its value by close to 50% in just a month. This rally also brought a staggering $6.2 billion net inflow into Bitcoin ETFs over the month. While BTC attempted to touch the milestone last week, we saw bears take control, leading to some profitbooking pulling down BTC’s price by around 9%. After testing the key support point of $90,000 – Bitcoin is all set to re-attempt the six-figure mark. Let's deep dive into what the milestone could result in and how BTC at $100k impacts the global crypto market in the short term and the long term.

Minnesota Governor Tim Walz has been selected as presumptive Democratic nominee Kamala Harris’ running mate in the 2024 U.S. presidential election, according to several news reports.

The White House is reportedly set to nominate Kristin Johnson, a commissioner at the Commodity Futures Trading Commission (CFTC), to fill a top role at the US Treasury Department overseeing banks, according to a May 9 report by Bloomberg.

CbatGPT developer OpenAI announced last week that it had fired CEO Sam Altman due to a loss of confidence by the board — only to see him return to the company after 90% of OpenAI staffers threatened to resign. The firing caused a flurry of excitement from companies offering to match OpenAI salaries in an attempt to lure top-tier talent.

President Joe Biden’s recent Executive Order on the Safe, Secure, and Trustworthy Development and Use of Artificial Intelligence has impacted the cryptocurrency market, with AI-related tokens dipping in value.

Crypto-friendly Republican Congressman Tom Emmer is pursuing a nomination to become House speaker, with the 62-year-old receiving endorsement from multiple lawmakers.

United States Representative and crypto-friendly lawmaker Patrick McHenry has been appointed as interim House Speaker after the high-profile ousting of U.S. House speaker Kevin McCarthy.

Democrats from the United States House of Representatives have formed a working group on artificial intelligence aimed at introducing new legislation around the nascent tech sector.

A new financial statement has revealed former United States President Donald Trump owns over $2.8 million in an Ethereum wallet.

The United States Pentagon has launched a new task force to look into how generative artificial intelligence can be used for the nation’s defense.

The Biden administration revealed an opportunity on August 9, for hackers to vie for substantial monetary rewards through the application of artificial intelligence (AI) in safeguarding vital United States infrastructure from cybersecurity vulnerabilities.

Democratic presidential candidate Robert F. Kennedy Jr. has confirmed he purchased a significant amount of Bitcoin (BTC), earlier this year — buying two BTC for each of his seven children.

A key United States House panel has approved a pair of bills that will be key to developing a regulatory framework for cryptocurrencies, reducing regulatory red tape for crypto, and setting clearer rules for the industry.

Last week was marked by two new legislative initiatives for the crypto industry in the United States. Senator Jack Reed sponsored a bipartisan bill that would tighten Know Your Customer (KYC) and Anti-Money Laundering (AML) regulations and sanctions requirements for decentralized finance (DeFi). The bill would subject DeFi operations to the same requirements as “other financial companies, including centralized crypto trading platforms, casinos, and even pawn shops.” 

The White House announced on July 21, that prominent artificial intelligence (AI) companies, such as OpenAI, Google and Microsoft, have made commitments to create AI technology that is safe, secure and transparent. Additionally, the White House acknowledged other companies like Amazon, Anthropic, Meta and Inflection for also committing to AI safety.

Crypto industry advocacy bodies have slammed a newly proposed United States Senate bill for what they say is a confused approach to regulating the decentralized finance (DeFi) sector.

Democratic presidential candidate Robert F. Kennedy Jr. has promised to progressively back the United States dollar with Bitcoin (BTC) if he is elected president. 

Democratic presidential candidate Robert F. Kennedy Jr. owns up to $250,000 in Bitcoin (BTC), in contrast to his previous claim that he was not an investor in the leading cryptocurrency.

Earlier this month, Wall Street's regulator, the Securities and Exchange Commission, pressed a raft of charges against Binance, the world's biggest cryptocurrency exchange, and US-based Coinbase. Both companies, along with the now defunct FTX, were key brands in the crypto industry, helping grow what began as a secretive playground for tech geeks into a new way to invest embraced by Wall Street. The SEC has been slowly tightening the screws on crypto since 2020.