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Centralized AI threatens a democratic digital future


The decentralized AI industry has a chance to carve out market share, but it will need to prove its security and usefulness. Centralized AI’s dominance risks privacy, transparency and ethical standards

Labor Department rescinds Biden-era guidance for crypto in 401(k) plans


The US Labor Department has officially rescinded guidance issued during the Biden administration that limited the inclusion of cryptocurrency in 401(k) retirement plans.On May 28, the Labor Department revoked a 2022 guidance that had urged fiduciaries to be “extremely cautious” when...

Bitcoin analyst says BTC price peak in $220K to $330K range still possible


Key takeaways:Bitcoin researcher Sminston With says BTC could gain 100% to 200%, with a cycle peak between $220,000 to $330,000.Bitcoin continues to exhibit strong cyclical volatility, contradicting the belief that its price swings are softening over time.Over $4 billion in BTC has been moved...

Pakistan announces Bitcoin strategic reserve


Bilal Bin Saqib, head of Pakistan’s crypto council, announced on May 28 that the country is moving to establish a strategic Bitcoin reserve.Speaking at the Bitcoin 2025 conference in Las Vegas, Nevada, Saqib said the government of Pakistan followed the United States’ lead...

GameStop shares sink 11% after BTC purchase


Shares of video game and collectibles retailer GameStop dropped nearly 11% on May 28 after the company announced its first Bitcoin purchase, triggering a classic sell-the-news reaction. The stock closed at $31.21 on the New York Stock Exchange, according to Google Finance. The company announced...

Price predictions 5/28: BTC, ETH, XRP, BNB, SOL, DOGE, ADA, SUI, HYPE, LINK


Key point:Bitcoin’s market structure is still bullish, even as a phase of profit taking and consolidation sets in.Bitcoin (BTC) remains pinned below the breakout level of $109,588, indicating that the bears are fiercely defending the level. Bitfinex analysts said in a market note that...

JD Vance urges Bitcoin community to embrace politics


United States Vice President JD Vance took the stage to deliver a keynote address at the Bitcoin 2025 conference in Las Vegas, Nevada, encouraging Bitcoiners to deepen their involvement in politics.Vance highlighted the strategic and geopolitical importance of Bitcoin, emphasizing that the...

Conduit raises $36M for stablecoin, fiat cross-border payment network


Conduit, a cross-border payments company based in Boston, has raised $36 million in a Series A funding round led by Dragonfly and Altos Ventures. The capital will go to scale its payment system and expand currency offerings across fiat and stablecoins.Conduit markets its payment system as...

BlackRock eyes 10% stake in Circle's IPO — Report


BlackRock is reportedly planning to take a significant stake in Circle’s upcoming initial public offering (IPO). According to a May 28 Bloomberg report citing anonymous sources, BlackRock is looking to purchase roughly 10% of the offering. Circle, the issuer of the USDC stablecoin, is aiming...

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