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AI Chatbots Weigh In: Is Bitcoin Poised to Become a Global Reserve Currency?


While some people believe that bitcoin (BTC) could become a global reserve asset, others are skeptical. Rather than relying on human subjective valuations and biases, we conducted an experiment to let artificial intelligence (AI) determine whether bitcoin could become a global reserve currency....

USDC Goes L2: Circle’s Stablecoin to Make Its Native Debut on Arbitrum


Stablecoin provider, Circle Internet Financial, has revealed that its dollar-pegged token, USDC, will be natively introduced on the layer two (L2) blockchain Arbitrum on June 8. The announcement follows Circle’s disclosure of its euro-pegged coin, EUROC, merging with the Avalanche blockchain...

Russian Miners Mint Crypto Worth $700 Million a Year, Mining Bill Postponed


Cryptocurrency miners in Russia have extracted digital currencies for around $700 million last year, according to a state-run fintech entity. However, the growing industry remains unregulated with the government having postponed the adoption of the respective legislation once again. Russian Crypto...

The Bitcoin Standard' Author to Advise El Salvador on Economic Strategy


Saifedean Ammous, a prominent economist and author of "The Bitcoin Standard," has been appointed as an economic advisor to El Salvador's National Bitcoin Office (ONBTC).  In a Tuesday Twitter thread, the ONBTC revealed that Ammous is joining the division as an economic advisor, providing advice...

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