Author: CryptoDispatchDaily.com

Minneapolis Federal Reserve President Neel Kashkari delivered a blistering critique of the cryptocurrency industry on Thursday, dismissing digital assets as “utterly useless” and characterized by “word salad” marketing rather than functional utility. Summary Kashkari argued that after over a decade, crypto has failed to provide a compelling use case for U.S. consumers, unlike AI tools which have seen rapid, practical adoption. He dismissed the “instant” cross-border payment narrative, noting that recipients must still pay high costs to convert crypto into local currency for daily essentials. The Fed official asserted that existing domestic tools like Venmo and Zelle already outperform stablecoins,…

Anchorage Digital has introduced a federally regulated stablecoin platform aimed at helping licensed international banks move U.S. dollars across borders in minutes instead of days. Federally Chartered Crypto Bank Debuts Stablecoin Settlement Platform The company, which operates as a federally chartered trust bank under oversight from the Office of the Comptroller of the Currency, said […] Source link

CME Group, the world’s largest regulated derivatives marketplace, announced plans to begin 24-hour, seven-day-a-week trading of its cryptocurrency futures and options contracts on May 29, 2026, pending regulatory review. Summary Pending regulatory approval, crypto products will move to a 24/7 schedule on the CME Globex platform, with only a brief weekly window for maintenance. The shift follows a massive 2025 where CME saw $3 trillion in notional activity, driven by professional traders seeking regulated risk-management tools. Beyond Bitcoin and Ether, CME recently broadened its reach by launching futures for Cardano (ADA), Chainlink (LINK), and Stellar (XLM). CME Group adopts 24/7…

Dogecoin started a fresh decline below the $0.1050 zone against the US Dollar. DOGE is now consolidating losses and might face hurdles near $0.10 and $0.1040. DOGE price started a fresh decline below the $0.1050 level. The price is trading below the $0.10 level and the 100-hourly simple moving average. There is a key bearish trend line forming with resistance at $0.1005 on the hourly chart of the DOGE/USD pair (data source from Kraken). The price could extend losses if it stays below $0.1020 and $0.1040. Dogecoin Price Faces Uphill Task Dogecoin price started a fresh decline after it closed…

Metaplanet Chief Executive Simon Gerovich has rejected claims that the company lacks transparency in its Bitcoin investment strategy, following criticism shared on X. Summary Metaplanet CEO Simon Gerovich denied claims that the company hides Bitcoin purchases, saying all transactions and wallet addresses are publicly disclosed. He defended the firm’s options strategy and financial reporting, arguing they reduce costs and reflect long-term holdings rather than short-term speculation. Management re-affirmed its commitment to Bitcoin accumulation while addressing concerns over borrowing, profits, and shareholder funding. In a detailed public response, Gerovich addressed allegations that Metaplanet failed to disclose purchases, mismanaged options trading, and withheld key financial information.…

BTCC has launched BTCC TradFi to enable users to trade forex, commodities, indices, and stocks alongside crypto, all margined and settled in USDT The move builds on BTCC’s strong tokenized metals performance, including $5.72B in 2025 gold trading volume and a peak daily silver volume of $301M The platform offers 25+ instruments, ranging from gold and oil to major indices and tech stocks, with leverage up to 500x. BTCC, one of the world’s longest-serving cryptocurrency exchanges, has launched BTCC TradFi, a cross-market feature offering users direct access to forex, commodities, indices, and stocks in addition to its precious metals offerings,…

Kevin O’Leary shared insights into how a 50% bitcoin correction is prompting institutions to recalibrate crypto exposure, rotate capital after steep losses, and factor in emerging quantum computing risks shaping long-term strategy. Kevin O’Leary Reveals How Institutions Reassess Bitcoin After Major Correction and Quantum Fears Digital asset markets regularly move through boom-and-bust cycles that test […] Source link

Ethereum price found support near $1,905 and recovered some losses. ETH is now consolidating and faces key hurdles near $1,980. Ethereum is attempting a fresh recovery wave above $1,950. The price is trading below $1,980 and the 100-hourly Simple Moving Average. There is a bearish trend line forming with resistance at $1,985 on the hourly chart of ETH/USD (data feed via Kraken). The pair could start a fresh decline if it stays below the $2,000 zone. Ethereum Price Dips Further Ethereum price failed to stay above $1,950 and started a fresh decline, like Bitcoin. ETH price traded below the $1,935…

If you think about it, there are no AI “agents”, no “swarms”, nothing “agentic” or “identic”. These are just the latest buzzwords for the same invention: the LLM chatbot. Still, there is a lot of talk about AI replacing certain job categories, especially programmers. Actually, there are only about 30M programmers worldwide (according to ChatGPT) or about 10M (according to Grok). That’s 0.004% of the population (per the ChatGPT figure). No other jobs except for teenage modeling are threatened, even though the AI guys say so. And not even the programmers’ jobs are really in danger… as software needs programmers…

Stablecoins are rapidly emerging as the default payment layer for AI agents, with Coinbase and top crypto leaders positioning them as the backbone of autonomous, machine-driven commerce and the next evolution of global digital finance. Crypto Leaders Bet on Stablecoins as AI Agents Move Onchain The convergence of artificial intelligence and digital payments is accelerating […] Source link