The paper titled "The Case for $BITCOIN as a Reserve Asset" by the $BITCOIN Policy Institute argues that central banks should consider incorporating $BITCOIN into their reserves to mitigate risks related to inflation, geopolitical tensions, and financial instability. It emphasizes $BITCOIN's role as an effective diversifier due to its low correlation with traditional financial assets and highlights its advantages over conventional reserves like gold, particularly in terms of counter-party risk. The discussion is timely as U.S. lawmakers advocate for the establishment of $BITCOIN as a strategic reserve asset, potentially transforming the management of national debt and monetary policy.

Coinbase has launched a new tool named "Based Agent," which enables cryptocurrency users to create their own AI agents capable of managing on-chain tasks like trades, swaps, and staking within three minutes. This initiative is a collaboration incorporating Coinbase's SDK, OpenAI, and Replit, aimed at simplifying the process for users to harness the functionality of AI in handling cryptocurrency transactions. Additionally, Coinbase CEO Brian Armstrong's previous moves towards integrating AI with crypto wallets reflect a growing trend in automating blockchain transactions through AI agents.