Author: Kryptonews

The National Endowment for the Arts has a new chair: Mary Anne Carter, the same political operative who served in the post during Trump’s first term. The Senate voted this morning to confirm her along party lines, by a 53–43 margin. In keeping with his tendency to appoint agency heads who either lack subject-matter expertise or are openly hostile to the missions they are meant to support, Trump has reappointed a controversial pick with no other professional experience in the arts and a record as a reliable supporter of Republican politicians. Carter also worked in the 1990s for the Heritage…

Sen. Cynthia Lummis is walking away from Washington after one term, and yeah, that is a big deal for anyone who cares about crypto, tech, AI, or just anything tied to Wyoming’s odd power in the Senate. In a statement released by her office on Friday, Cynthia said she will retire when her term ends in early 2027. She tied the choice to the heavy workload during the shutdown fight and said the long grind no longer matches her energy level. Cynthia said, “Deciding not to run for re-election does represent a change of heart for me,” and added that…

Chinese AI model DeepSeek, often described as a regional alternative to ChatGPT, has issued a new round of aggressive price forecasts for XRP, Bitcoin and Dogecoin as 2025 approaches its final weeks. According to the model, all three assets could see extreme volatility, with sharp moves possible to the upside or downside before year-end.Below is a summary of DeepSeek’s dual-track outlook, outlining both optimistic and pessimistic price paths for each cryptocurrency through the end of December.XRP (XRP): DeepSeek AI Warns of Possible Collapse to $0.20 or Moonshot Surge Toward $10In its bearish case, DeepSeek AI estimates that Ripple’s XRP ($XRP)…

Bybit says it is returning to the United Kingdom after a two‑year pause with a new UK platform offering spot trading on 100 pairs and a peer‑to‑peer venue. The Dubai‑based exchange shut off local UK customers in late 2023 when the Financial Conduct Authority’s (FCA) tougher financial promotion rules kicked in. According to a press release shared with Cointelegraph, the service is being rolled out under a promotions arrangement approved by Archax, an FCA‑authorized firm, rather than via Bybit’s own registration or authorization in the UK.Tailored UK products “transparent” and “compliant”Bybit pitches the reboot as a way to comply with a…

Wall Street bank Citigroup refreshed its digital-assets stock coverage to reflect recent across-the-board declines in crypto, but remains constructive on the sector.”Despite recent token volatility, we remain bullish on digital assets stocks,” wrote analysts led by Peter Christiansen, in a Friday report. Issuer of the USDC stablecoin, Circle Financial (CRCL) remains Citi’s top pick, with the team reiterating its $243 price target even after the stock’s large recent drop to the current $83.60.Christiansen’s next top picks were Bullish (BLSH) and Coinbase (COIN). “We see BLSH in the sweet spot benefiting from rising institutional (particularly in the U.S.) and TradFi participation,”…

With an intraday jump, the Ethereum price shows sustainability above the neckline support of long-coming head and shoulders pattern. On-chain data shows Ethereum records a steady growth in its active addresses, making an average of 163K new addresses per day. Bank of Japan lifted its policy rate to 0.75%, the highest level seen since 1995, as part of monetary normalization. ETH, the native cryptocurrency of the Ethereum ecosystem jumps 5.3% during Friday’s U.S. market session to reach $2,977. The buying pressure followed market optimism that normalized Japanese rates for global risk appetite without immediate liquidity squeezes. Along with broader market…

Blockstream CEO Adam Back has criticized Castle Island Ventures founding partner Nic Carter for amplifying concerns about quantum computing threats to Bitcoin.“You make uninformed noise and try to move the market or something. You’re not helping,” Back said in an X post on Friday, after Carter explained in an X post why Castle Island Ventures invested in Project Eleven, a startup focused on protecting Bitcoin and other crypto assets from the threat of quantum computing.Back said the Bitcoin community is not in denial about the need to research and develop protections against potential quantum computing threats, but is instead doing…

The leading stablecoin company Tether is investing $8 million in Speed, a payments infrastructure firm. The funding round, led by Tether with participation from Ego Death Capital, aims to advance stablecoin payments on Lightning – a network built on top of Bitcoin to power instant and cheap transactions. The goal is to enable efficient payments with native Bitcoin and Tether’s USDT stablecoin. Speed processes over $1.5 billion in annual payment volume across consumers, creators, platforms, and enterprise merchants. Its products, Speed Wallet and Speed Merchant, serve 1.2 million users and businesses. Says Tether CEO Paolo Ardoino, “Speed is showing what…

The United Kingdom is taking a decisive step toward fully regulating its crypto market. This week, the Financial Conduct Authority (FCA) launched a wide-ranging consultation outlining proposed rules for crypto exchanges, staking services, lending platforms and decentralized finance. The proposals follow new secondary legislation from the UK Treasury that formally brings crypto activities into the country’s financial services framework, with a target implementation date of Oct. 25, 2027.In this week’s episode of Byte-Sized Insight, Cointelegraph explored what this consultation signals for the UK crypto market and how industry leaders are interpreting the regulator’s direction. We spoke with Perry Scott, head…

Jessie A Ellis Dec 20, 2025 04:04 OpenAI unveils FrontierScience, a new benchmark to evaluate AI’s expert-level reasoning in physics, chemistry, and biology, aiming to accelerate scientific research. OpenAI has introduced FrontierScience, a groundbreaking benchmark designed to assess the capacity of artificial intelligence (AI) in executing expert-level scientific reasoning across various domains such as physics, chemistry, and biology. This initiative aims to enhance the pace of scientific research, as reported by OpenAI. Accelerating Scientific Research The development of FrontierScience comes in the wake of significant advancements in AI models, such as GPT-5, which…