Market Updates
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Senate Banking Committee Set to Vote on the GENIUS Stablecoin Bill This Week
The members of the U.S Senate Banking Committee are expected to vote on the GENIUS Act bill this week thursday. This bipartisan bill strives to provide clearer rules and policies for stablecoin within the United State. According to reports, his bill is sponsored by Senators Bill Hagerty (R-TN) and Tim Scott (R-SC), and it’s intended…
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Utah Passes Blockchain Bill but Scraps Bitcoin Reserve Plan
Utah lawmakers have passed a bill aimed at providing regulatory clarity for blockchain technology, but a key provision that would have allowed the state to invest public funds in Bitcoin didn’t make the cut. Late Friday, the Utah Senate approved H.B. 230 – Blockchain and Digital Innovation Amendments in a 19-7 vote after amending the…
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Trump’s Bold Move: US Bitcoin Reserve Signals a New Era for Crypto
President Donald Trump has just signed an executive order that’s already making waves in the crypto space. On March 7, he unveiled plans to create a U.S. Bitcoin Strategic Reserve and Digital Asset Stockpile, marking the first serious move to integrate Bitcoin into the U.S. financial system. A Historic Shift for Bitcoin The order outlines…
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Microsoft Invests Nearly $300M to Boost AI in South Africa
Microsoft is doubling down on artificial intelligence (AI) in South Africa, committing an additional 5.4 billion rand ($296.81 million) to expand AI infrastructure. Microsoft Vice Chair and President Brad Smith outlined on Thursday, the company’s vision to strengthen AI capabilities and digital skills in the region. As part of the investment, Microsoft will pay for…
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Transak Expands to Australia After Approval
Transak, a global fiat on/off-ramp service, has expanded its operation into Australia after receiving its Digital Currency Exchange (DCE) registration from the Australian Transaction Reports and Analysis Centre (AUSTRAC). This is a big step in Transak’s ongoing international expansion allowing operation within the country’s regulatory framework. Regulatory Approval Opens Doors for Australian Market With the…
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Microsoft Pulls Back on Agreement with CoreWeave
Microsoft has withdrawn some cloud agreements with CoreWeave because there were missed deadlines and delivery problems, days after prepares for a $35 billion initial public offering (IPO. Despite scaling back, Microsoft still holds multi-billion-dollar contracts with CoreWeave, which supplies cloud computing power for AI workloads using Nvidia chips. The reported move suggests Microsoft is adjusting…
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Avalanche’s Crypto Card: A Game Changer for Underbanked Regions
Cryptocurrency has always been seen as an equalizer in the crypto space. It is seen as an alternative to the traditional banking finance system, offering freedom and easy accessibility to anyone with access to the internet. However, despite crypto growth over the years, crypto payment still faces a significant challenge. Some of these challenges include…
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U.S. to Announce Crypto Reserve, Bitcoin Takes Center Stage
The U.S. government will unveil a strategic crypto reserve on Friday, with Bitcoin at its core, according to Commerce Secretary Howard Lutnick. Other cryptocurrencies, including XRP, Solana, and Cardano, will also be included but treated differently, Lutnick told The Pavlovic Today. “A Bitcoin strategic reserve is something the President’s interested in,” Lutnick said. “He spoke…
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Qualcomm CEO Claims New Modem Outperforms Apple’s First In-House Chip
Qualcomm CEO Cristiano Amon has drawn a bold line between the company’s latest modem and Apple’s first attempt at building its own. In an interview on Tuesday, Amon said Qualcomm’s new X85 modem creates a “huge delta” in performance compared to Apple’s C1, which was quietly introduced with the iPhone 16e last month. Qualcomm, a…
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Grayscale Pushes for Hedera (HBAR) ETF After Growing Crypto ETF Race
Grayscale Investments filed with the U.S. Securities and Exchange Commission (SEC) to initiate an ETF for Hedera (HBAR) – another major move from Grayscale into the crypto investment markets. If this proposed investment pool passes approval, exchange trading enabling contracts will be live. The ETF will allow investors to get exposure to Hedera by simply…