Subscribe to Updates
Get the latest creative news from FooBar about art, design and business.
Author: James Wilson
Governor Aleš Michl plans to propose a Bitcoin investment to the Czech National Bank’s board, potentially allocating up to 5% of reserves to the digital asset. Czech National Bank Governor Aleš Michl is making a bold move, one no other Western central bank has taken so far: he wants to put Bitcoin (BTC) in the country’s reserves. If approved, up to 5% of the Czech National Bank’s €140 billion in reserves could be allocated to Bitcoin. Michl plans to present his proposal to the CNB board on Jan. 30, telling the Financial Times’ Raphael Minder that Bitcoin “seems good” for…
Day after Trump calls DeepSeek as positive, US officials u-turn and classify it as IP theft
A day after U.S. President Donald Trump framed China’s DeepSeek AI as a “positive” development, the narrative flipped as authorities branded it a potential case of intellectual property theft. White House artificial intelligence and crypto czar David Sacks now claims there is “substantial evidence” that DeepSeek “distilled” knowledge from OpenAI’s models—a process he likened to intellectual property theft. Distillation is the process of training a smaller AI model using the outputs of a more advanced one, allowing it to replicate similar capabilities with fewer resources. Sacks’ comments came a day after Trump downplayed concerns over DeepSeek’s impact, calling it both…
Bitcoin poised for massive correction to $70K-$75K before surging to $250K by year end, BitMEX co-founder
BitMEX co-founder Arthur Hayes predicted that Bitcoin could potentially pull back toward the $70,000 to $75,000 range. In a recent post on X, BitMEX co-founder Arthur Hayes said that Bitcoin (BTC) price stands poised for a massive correction to the $70,000 to $75,000 range. Furthermore, he suggested that this dip could trigger a “mini financial crisis” and result in a renewed wave of money printing. This development, according to Hayes, could ultimately propel Bitcoin’s price to $250,000 by the end of 2025. Reversing the order of my tryptic essay series. The Ugly will be published tomorrow morning. I am calling…
MOVE price jumps 16% on reports of Musk exploring Movement blockchain for transparency
MOVE token jumped 16% Wednesday amid rumors that Elon Musk is considering the Movement blockchain for his government transparency initiative. Movement’s (MOVE) token gained 16% on Jan. 29 as reports surfaced that Elon Musk‘s Department of Government Efficiency team is evaluating the blockchain for his transparency efforts. In an X post on Jan. 28, Walter Bloomberg, citing a source familiar with the matter, reported that “Movement among firms discussing blockchain use with Musk’s DOGE team.” *MOVEMENT AMONG FIRMS DISCUSSING BLOCKCHAIN USE WITH MUSK’S DOGE TEAM: SOURCE *BLOOMBERG REPORTED MUSK’S DOGE EVALUATING BLOCKCHAIN TECH FOR GOVT EFFICIENCY EFFORT— *Walter Bloomberg (@DeItaone)…
Microstrategy’s stock, MSTR, has bagged second place on the Nasdaq 100 Component Year-to-Date Returns list, outpacing big names like Meta, Netflix, and Nvidia. As a primary benchmark for tech companies, the Nasdaq 100 highlights top performers through their Year-to-Date returns. As of Jan. 29, 2025, Constellation Energy Corp is out in front with a 22.93% YTD gain, followed by MicroStrategy Inc with a rise of 20.13%. However, big players, such as Meta, saw an increase of 12.7%, and Netflix saw a +0.04% change. NVIDIA, on the other hand, saw a decline in its stock price by 11%. NEW: MicroStrategy boasts the…
Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only. A new presale star has already seen an 811% increase in value, and many experts hint that it could be the next Cardano or Ripple. The crypto market is making a lot of noise right now after Donald Trump announced that it would become a vital part of the US economy. In this environment, top altcoins like Cardano (ADA) and Ripple (XRP) have seen some big price gains. Even market analysts like That Martini Guy and Mikybull have made…
Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only. Solaxy’s ICO has surpassed $15 million, drawing investor interest as it aims to solve Solana’s congestion issues and boost scalability. The Solaxy (SOLX) presale has reached a significant milestone, surpassing $15.6 million in total funding. This marks a sharp rise from last Monday’s $12.4 million, showcasing the growing enthusiasm among investors. The surge in interest coincides with Solana’s (SOL) recent network congestion, driven by heightened activity following the launch of Trump-themed meme coins. Despite these challenges, the outlook for…
Boasting a 1300% increase in its price, the SUI token is one of the most talked about crypto assets of 2024. Sui (SUI) is a layer-1 blockchain that aims to onboard the next billion users in Web3. The blockchain claims to be a ‘Scalable infrastructure that’s fast, secure, and affordable’ In this article, we’ll learn what is SUI, the history of the SUI blockchain, how it works, and the price history of the SUI token. What is Sui? The Sui (SUI) blockchain is a platform designed to emphasize scalability for its decentralized applications (dApps) and shorten the time it takes…
Nuvve, which helps EVs share power with the grid, will invest up to 30% of its extra cash in Bitcoin to diversify the company’s treasury holdings. Nuvve, a public Californian company focused on connecting electric vehicles to the grid, said its board has approved holding Bitcoin (BTC) as a primary treasury asset. In a Jan. 28 press release, the San Diego-headquartered company revealed it would invest up to 30% of its excess cash, based on its estimated six-month operating expenses, into BTC. How much Bitcoin it actually buys will depend on market conditions and its business needs. The move isn’t…
Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only. As meme coins like TRUMP and DOGE struggle to maintain their dominance, 1Fuel, with its real-world use cases and growing adoption, stands out as a strong contender. With no inherent value, meme coin tokens in the market are gradually fading out and losing control. TRUMP and DOGE, which both had a leading reign in the market, are caught in this market downturn as the market shifts towards utility tokens with long-term value, such as 1Fuel. 1Fuel’s real-world use cases…