Two bills related to crypto were introduced to the Massachusetts House of Representatives on January 19. The post Massachusetts bill for special blockchain commission to assess government usage appeared first on CryptoSlate.

The bear market rally that perplexed much of the crypto industry continued into the weekend as Bitcoin hit $23,230 for the first time since August 2022. The post Bitcoin up 50% from bear market low outperforming SPY, Gold appeared first on CryptoSlate.

Digital Currency Group, the parent company of both Genesis and Grayscale, released a statement on January 20 commenting on the news that Genesis had filed for Chapter 11 bankruptcy. The post DCG responds to Genesis bankruptcy; Bitcoin jumps 4% as contagion fears lessen appeared first on CryptoSlate.

Investors betting against Bitcoin grew to some of the highest on record as markets welcomed the new year. The post Research: Market hedged the shortest amount in over 2 years as Bitcoin rose to $21k appeared first on CryptoSlate.

Alethea AI and Polygon Labs are jumping on the AI hype with the launch of an AI-powered NFT project that allows users to create NFT avatars through text-based prompts similar to OpenAi’s Dall-E image generator. The post AI avatars launch on Polygon as CharacterGPT brings NPCs to life appeared first on CryptoSlate.