Trump attempts to bail out his wealthy cryptocurrency backers with ‘U.S. crypto reserve’

Just a few days ago, Mashable published an article investigating why Bitcoin and other cryptocurrencies were suddenly in a freefall. Of the four main reasons, three were attributable to Donald Trump and his actions as president.  This is not exactly what one would expect from Trump, who promised to be a pro-crypto president after its advocates helped…

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Trump Vows to Make America the ‘Crypto Capital of the World’ With US Crypto Reserve

U.S. President Donald Trump announced on March 2 the first five cryptocurrencies that will form a U.S. strategic crypto reserve: Bitcoin, Ethereum, Ripple, Solana, and Cardano. Bitcoin and Ethereum are the two largest cryptocurrencies in the world by market value. By establishing a crypto reserve, the U.S. becomes a direct stakeholder in the digital asset…

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Anthropic raises $3.5B to fuel its AI ambitions

AI startup Anthropic today announced that it raised $3.5 billion at a $61.5 billion post-money valuation, led by Lightspeed Venture Partners. The Series E, which also had participation from Bessemer Venture Partners, Cisco Investments, D1 Capital Partners, Fidelity Management & Research Company, General Catalyst, Jane Street, Menlo Ventures, and Salesforce Ventures, brings the company’s total…

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