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Homepage > News > Business > US to build top AI systems with American-designed chips The Trump administration would ensure that the most powerful artificial intelligence (AI) systems are built in the U.S. with American-designed and manufactured chips in order to safeguard America’s advantage, according to U.S. Vice President JD Vance. Speaking at the AI Action Summit in Paris, Vance asserted that the Trump administration will ensure the U.S. remains the leading force in AI development. “The United States of America is the leader in AI, and our administration plans to keep it that way,” Vance told the gathering of…

Strategy, the world’s largest corporate Bitcoin holder, plans to raise $2 billion through zero-interest convertible notes to buy more Bitcoin. A company statement dated Feb. 18 proposed offering the notes to institutional investors in a private placement, with an additional $300 million option for early buyers. The notes, maturing on March 1, 2030, will be convertible into cash, stock, or a mix of both at Strategy’s discretion. The notes will not bear regular interest or accrete in value, meaning their principal amount will remain fixed over time. Strategy retains the right to redeem the notes for cash starting March 5,…

Stablecoin metrics underlined the lack of potential for a price recovery in the market Altcoin market cap chart highlighted the likelihood of more pain ahead The sentiment across the crypto market is one of dejection right now. The market has been rocked by the LIBRA scandal, coming days after President Trump’s tariff wars. In fact, the altcoin market may be at an inflection point, and the direction it has chosen to move in may be worrying too. Source: Alternative.me The sentiment across the crypto market has swung dramatically over the past month. It had been above 60 throughout January, going…

Este artículo también está disponible en español. In the fourth quarter of 2024, Polygon (formerly MATIC) experienced a significant mixed performance in key metrics, primarily driven by the testnet launch of its interoperability protocol, Agglayer.  This new initiative aims to facilitate cross-chain token transfers and message-passing, enhancing the functionality and integration of various blockchain networks.  Polygon Market Cap Rebounds To $3.8 Billion According to market intelligence firm Messari, by leveraging zero-knowledge (ZK) proofs, Agglayer promises secure communication and asset transfers, positioning itself as an innovative development akin to the introduction of TCP/IP in the early days of the internet. Agglayer…

Este artículo también está disponible en español. Ethereum (ETH) has failed to break from a key level, retracing 4% as most of the market bleeds. Some analysts believe that ETH’s next leg up won’t come in a few months, as the second-largest cryptocurrency could move sideways until May. Related Reading Ethereum To Continue Sideways Move? On Monday, Ethereum swan against the current and registered a 6.3% surge toward the $2,850 support zone, momentarily breaking out of a symmetrical triangle pattern where it has been consolidating for the past 15 days. The cryptocurrency attempted to reclaim the $2,700-$2,800 level but failed…

Data shows social media discussions related to Ethereum have spiked recently, something that may be positive for the struggling ETH price. Ethereum Social Dominance Has Shot Up Over The Past Day According to data from the analytics firm Santiment, the Ethereum Social Dominance has just seen a significant increase. The “Social Dominance” here refers to an indicator that’s based on another metric known as the Social Volume. The Social Volume basically tells us about the amount of discussion that a given topic or term is receiving on the major social media platforms. The metric calculates its value by counting up…

Solana (SOL) is encountering strong resistance below $200, with bearish signals hinting at a potential drop under $170 if support fails. Bullish patterns, such as the cup and handle breakout, suggest a rally toward $300, offering hope for a return to its all-time high. Meanwhile, Panshibi (SHIBI) is being tipped as the best choice for gains in Q2, having already raised over $970K. This innovative project is set to be the top meme coin in 2025, with experts predicting it has the potential to be the most prominent Asia-inspired meme coin. Panshibi is a potential game-changer in the meme coin space…

Journalist Posted: February 18, 2025 SOL has seen a massive decline in trading volume as interest in memecoins wanes. Social sentiment has dropped, and Solana’s token distribution could exert further downward pressure on the asset. Solana [SOL] has remained in the bearish zone, recording losses week over week. In the past four weeks, it has lost a cumulative 38.35%, with the downward trend continuing, leading to an 8.87% decline. At press time, SOL was trading at $167.37. AMBCrypto’s analysis suggested that the market could see further price declines as sentiment increasingly aligned with bearish conditions. Volume decline as memecoins extract…

The U.S. Senate has approved Howard Lutnick as the 41st Secretary of Commerce, putting a pro-crypto financier in charge of American trade and economic policy. The Senate confirmed Lutnick with a 51-45 vote conducted on Tuesday, Feb. 18, according to The New York Times. The former CEO of Cantor Fitzgerald, Lutnick, has been a strong proponent of Bitcoin (BTC) and Tether (USDT). Bitcoin “should be free to trade everywhere in the world,” Lutnick has previously stated, likening it to gold. He defended Tether’s USDT reserves at the Bitcoin Conference 2024, saying that they were fully backed by gold, Bitcoin, and U.S.…

Dogecoin started a fresh decline below the $0.270 zone against the US Dollar. DOGE is now consolidating and might face hurdles near $0.2550. DOGE price started a fresh decline below the $0.270 and $0.260 levels. The price is trading below the $0.260 level and the 100-hourly simple moving average. There is a connecting bearish trend line forming with resistance at $0.2560 on the hourly chart of the DOGE/USD pair (data source from Kraken). The price could start another increase if it clears the $0.2560 and $0.2600 resistance levels. Dogecoin Price Faces Resistance Dogecoin price started a fresh decline from the…