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NFT Project Pudgy Penguins take over Las Vegas Sphere in holiday campaign

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Once a breakout non-fungible token (NFT) project during the 2021 crypto boom, Pudgy Penguins is turning to real-world visibility with a high-profile ad placement in the Las Vegas Sphere this Christmas week. Only a few crypto-related brands have secured advertising space at the Sphere, a massive LED-covered venue known for its immersive exhibits and performances […]

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Brazil’s largest asset manager recommends investors put up to 3% of their money in Bitcoin to hedge against exchange rates, market shocks

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Brazil’s largest privately held asset manager, Itáu Asset Management, has recommended that investors allocate 1% to 3% of their portfolios to bitcoin BTC$90,071.93. In a year-end note, Renato Eid, head of beta strategies and responsible investments for Itaú Asset Management, argued that bitcoin’s lack of correlation with traditional local assets makes it a useful diversification

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Japan set to raise prices to 30-year highs, posing yet another threat to BTC

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The Bank of Japan (BoJ) is expected to raise interest rates for the first time since January, raising the key rate by 25 basis points to 0.75% from 0.50%, according to the Nikkei. The decision, expected on December 19, will push Japanese interest rates to the highest level in about 30 years. The wider impact

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LLMs cannot match specialized AI trading bots that adjust for risk

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AI-powered trading hasn’t yet reached an “iPhone moment” where everyone carries around an algorithmic, reinforcement learning portfolio manager in their pocket, but something like that is coming, experts say. Indeed, AI power meets its match when faced with the dynamic, adversarial arena of trading markets. Unlike an AI agent informed by endless circuits of self-driving

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The US market structure bill could slide to January as negotiations continue over several points

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US Senate talks on a crypto market structure bill – the industry’s top target in its political lobbying – have yet to resolve several disagreements as talks head into the holiday break, suggesting real progress may not happen until January. Legal text has circulated privately among industry insiders, and executives took a look at some

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Upgrading Rippled lays foundation for lending, tokenization

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XRP Ledger (XRPL) released version 3.0.0 of its reference server software, ripple, introducing a wide set of changes, bug fixes, and internal changes aimed at improving accounting accuracy, developer tools, and long-term protocol extensibility. Operators running XRPL servers must upgrade to the version to maintain network compatibility, according to RippleX, the development arm that oversees

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XRP-linked company lands first European bank client for payments

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Ripple has secured its first European banking customer for its licensed payments stack, with Swiss-based AMINA Bank adopting Ripple Payments to support near-real-time cross-border transfers for crypto-native customers, according to a Friday announcement from the company. AMINA, a FINMA-regulated digital asset bank, will use Ripple’s payment infrastructure to bridge traditional banking barriers with blockchain-based settlement,

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MiCA Will Make or Break Euro-Pegged Stablecoins by 2026: DECTA

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German payment processor DECTA expects the euro-pegged stablecoin market to continue to develop through 2026 as Europe’s Markets in Crypto-Assets Regulation (MiCA) comes into full effect, bringing common EU rules on reserves, issuer supervision and operational standards. The regulatory baseline should make it easier to connect regulated euro stablecoins to payment systems, trading venues and

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