Author: James Wilson

Illinois may soon become the first U.S. state to hold Bitcoin in its fiscal reserves if lawmakers approve the Strategic Bitcoin Reserve proposal referred to Rules Committee by John Cabello. On Jan. 29, the Bitcoin Strategic Bill was referred to the Rules Committee to establish regulations and fast-track its approval process. Illinois State Rep. John Cabello introduced the bill to set the groundwork for Bitcoin (BTC) to become the new strategic asset of Illinois.  Bitcoin Reserve bill for Illinois Under the new legislation, the Illinois State Treasurer would manage the fund and be permitted to accept gifts, grants, and donations of BTC…

Bitcoin bounced after comments from U.S. Federal Reserve Chair Jerome Powell at the FOMC meeting signaled that banks are allowed to serve crypto clients. Crypto markets initially had a muted reaction to the Federal Open Market Committee’s decision on Wednesday, Jan. 29, to keep interest rates unchanged. The Fed maintained its 4.25% to 4.50% federal funds rate, citing “somewhat elevated inflation,” as analysts had predicted. Bitcoin (BTC) edged up 0.5% minutes after the Fed released its FOMC minutes. The uptrend accelerated to 3%, pushing BTC above $103,500 heading into the U.S. evening trading session. 24-hour BTC price chart – Jan.…

He ran the biggest crypto empire, stepped down, served time, and now he’s all about AI and biotech. But as CZ looks ahead, regulators in France are looking back. From Binance to YZi Labs Changpeng Zhao, more commonly known as “CZ,” once the most influential figure in crypto, is back — but this time, in a different role. After stepping down as Binance’s CEO in 2023 and serving a four-month prison sentence in the U.S. for compliance failures, CZ has returned with YZi Labs — a rebranded version of Binance Labs that is expanding its focus beyond the crypto world.…

Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only. Monero, XRP, and Remittix are drawing investor interest in 2025, with regulatory strides and DeFi solutions fueling their momentum. The cryptocurrency space remains active in 2025, with some coins already making waves. Monero (XMR) and XRP are doing well in the market, capturing investors’ attention. Remittix, although a new coin, is not left out. Its unique features in bridging the gap between fiat and cryptocurrencies are what set it apart. Monero’s commitment to privacy keeps it on top Monero…

Toncoin’s price crashed to a key support level as exchange balances and inflation rose, while its burn rate declined. Tonecoin (TON) fell to $4.80, its lowest level since Nov. 6 last year, and is now 33% below its highest level in November. Third-party data shows that TON’s price drop coincided with increased exchange inflows, indicating that investors are continuing to sell. Over the past seven days, more than 240,000 TON coins were moved to exchanges.  Additional data from Ton Stat shows that the number of TON coins burned daily is decreasing. On Jan. 28, only 5,805 coins, currently valued at…

Bitcoin, altcoins, and other assets like stocks and bonds traded within a tight range on Wednesday as the market awaited the first interest rate decision of the year. Bitcoin (BTC) traded at $102,000, while popular altcoins like Ethereum (ETH), Ripple (XRP), and Solana (SOL) retreated by less than 5%. The top laggards were DeXe, Raydium, Jupiter, and Pudgy Penguins, which fell by double digits. Notable economists, including Mohammed El-Erian, expect the Federal Open Market Committee (FOMC) to leave interest rates unchanged at 4.50%. Today sees the first meeting of the year for the FOMC, the Federal Reserve’s top policy-making committee.Look…

Tapswap, the popular tap-to-earn platform on Telegram, is gearing up for its long-delayed token generation event. In a statement on X, Tapswap’s developers said they were preparing to launch a staking platform ahead of the airdrop. The staking feature will allow TAPS token holders to earn passive income while supporting the network. The developers are also working on a new skill-based game that users can play to earn rewards. This game is expected to launch before or shortly after the token generation event, which is scheduled for Valentine’s Day. Staking Made Simple with @tapswapai!With our upcoming platform, you can grow…

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)…

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…

Eric Balchunas, a senior Bloomberg ETF analyst, has suggested that the potential for a Bonk 2x ETF remains strong. In a recent X post, Eric Balchunas reassured his followers that the possibility of Bonk 2x ETF is still very much alive. He pointed out that while Tuttle withdrew filings for the 2x Melania and Trump ETFs—likely due to direct pushback from regulators—the Trump and Doge ETF filing from Rex remains active. This suggests the SEC may not be outright rejecting all meme coin ETFs, leaving room for Bonk to move forward.  So for anyone who had their heart set on…