Author: John Smith

Morgan Stanley will consider expanding its presence in the cryptocurrency market if the regulatory environment becomes more favorable, CEO Ted Pick told CNBC. The Morgan Stanley chief executive shared his thoughts on the cryptocurrency market’s outlook while attending the World Economic Forum in Davos, Switzerland. Speaking to CNBC’s Andrew Ross Sorkin, Pick said that the wealth management giant intends to collaborate with the U.S. Treasury and other regulators to navigate this space. Specifically, Morgan Stanley will seek clarity on whether the bank can expand its role as a transactor in the crypto market. “For us, the equation is really around…

Ivanka Trump, the daughter of President Donald Trump, has issued a statement distancing herself from a cryptocurrency project called the $IVANKA memecoin.  Writing on X, Trump clarified that she has no connection to the token and condemned its use of her name and likeness. “To be clear: I have no involvement with this coin. This fake coin risks deceiving consumers and defrauding them of their hard-earned money” Trump stated. She further labeled the promotion as “deceptive, exploitative, and unacceptable.” It has come to my attention that a fake crypto coin called “Ivanka Trump” or “$IVANKA” is being promoted without my…

Quant has dropped sharply this month, erasing some of the gains made between November and December last year. Quant (QNT) price has dropped to $110, down by almost 36% from its highest level in December.  The coin’s decline happened as on-chain data pointed showed that the number of addresses in the network is no longer growing. According to IntoTheBlock, the total addresses with balance has stagnated at 144,000. As shown below, the account growth has been stagnant since January last year. Quant Network address count | Source: IntoTheBlock More data shows that the number of new addresses in the network…

Stablecoin issuer Circle has introduced a new feature called Circle Paymaster, enabling users to pay gas fees using the USDC stablecoin. The USDC (USDC) issuer said in an announcement that the on-chain utility solution Circle Paymaster was now live on Arbitrum and Base, two leading Ethereum (ETH) layer-2 solutions.  With this product, users on the L2s can now use USDC rather than ETH when paying for transaction fees. In the crypto market, blockchain users need transaction fees often paid via a chain’s native token. This gas fees requirement has typically meant users must hold tokens such as Ether and others…

RedStone, a modular blockchain oracle platform and restaking protocol, has announced CLARA, a new solution aimed at the artificial intelligence market’s agent-based projects. As a communication layer for AI agents, CLARA provides an infrastructure system designed to solve one of the industry’s biggest challenges—communication and collaboration for AI agents. According to details shared with crypto.news, RedStone’s new solution aims to unlock value across the agent economy using hyper-parallel computer AO’s economic rails. CLARA enables projects to leverage RedStone’s cross-chain oracle data network for secure and efficient data exchange. The goal is to facilitate multi-agent communication and value exchange within the…

President Donald Trump emphasized U.S. leadership in cryptocurrency and artificial intelligence as Senator Cynthia Lummis was sworn in as chair of the Senate’s new digital assets subcommittee. During the 2025 World Economic Forum in Davos, President Donald Trump said in a virtual speech the United States would lead in artificial intelligence and cryptocurrency. In his address, Trump emphasized the need for the U.S. to dominate emerging technologies, including blockchain and crypto. President Trump told the WEF that he wants America to be “the world capital of AI and crypto.” He also urged lower interest rates and called for a $1…

Algorand’s price moved sideways this week, mirroring the performance of most altcoins following Donald Trump’s inauguration. Algorand (ALGO), a top layer-2 network, was trading at $0.4165, about 16% below its highest level last week. The coin has several encouraging fundamentals that could push it higher in the coming days. According to Nansen, the number of active addresses on the network rose by 56% over the last seven days to 892,786, giving it the third-highest weekly growth rate after Arbitrum and Blast. Another on-chain metric shows that Algorand’s transactions increased by 6.9% to over 11.4 million, while its weekly fees rose…

Ripple has continued its strong bull run this year, outperforming other popular cryptocurrencies like Bitcoin and Ethereum. Ripple (XRP) has surged by over 52% in 2024, while Bitcoin is up by just 11%. Most popular altcoins, such as Cardano and Binance Coin, have barely moved. The first major reason for XRP’s upside potential is the ongoing growth of the XRP Ledger network. According to DeFi Llama, the total value locked in its DeFi ecosystem has risen to a record high of $82 million. The network is expected to continue expanding this year. For example, according to CoinGecko, some coins within…

Bitcoin and cryptocurrencies kicked off a new era with the inauguration of the first-ever pro-crypto president. The key question is whether the shift towards crypto-positive regulation and rising market activity is a sustainable one or a temporary reaction to changing political tides.  Made in USA crypto tokens have performed well this week, emerging as the most relevant narrative in the sector.  Bitcoin and crypto markets break record in market activity Donald Trump’s election as U.S. President fueled hopes of crypto traders and firms. A pro-crypto administration supported the narrative of a new age for cryptocurrencies paved with greater certainty and…

Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only. Melissa Bower and Trudy Purcell sold their land for Bitcoin, bypassing fees and highlighting crypto’s benefits amid inflation. Melissa Bower and Trudy Purcell bought land in Australia in 2021, but rising inflation meant that they couldn’t afford to build on it. Instead, they decided to sell their property in Bitcoin, in part to cut out the middle man and save on fees, and partly to promote the benefits of crypto in a world where rising inflation is pricing people…