Joshua Coleman

Russian Businesses Using Crypto for International Payments

Russian companies are reportedly using bitcoin and other cryptocurrencies to make international payments. It’s a trend that follows legislative changes that have allowed these types of payments to circumvent Western sanctions, Reuters reported Tuesday, December 26, citing comments from the Russian Finance Minister Anton Siluanov. As the report notes, the sanctions – imposed following Russia’s…

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Tech Giants Bet Big on AI as Data Shows Clear Winners

Businesses adopting artificial intelligence (AI) are outpacing their competitors, with Bridge lineIt is FalconSearch report new customers every week, IBM users of open source AI achieve higher returns, and MIT research shows that advanced AI users outperform their industry peers. However, a fourth-quarter loss at Bridgeline highlighted the sector’s uneven growth trajectory. Bridgeline Reports AI…

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Central banks and sovereign wealth funds are increasing their cryptocurrency reserves

Capital markets have seen a dramatic rise in the valuation of digital currencies over the past few months. The US election results amplified the surge, with President-elect Donald Trump consistently expressing pro-crypto policies and lax views on the regulatory framework. Bitcoin (BTC), for example, the world’s leading alternative cryptocurrency, is up approximately 150% in 2024….

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