Digital Chamber urges US crypto users to support new NFT bill
Crypto advocates urged Americans to help the industry flourish without "misapplied" securities regulations.
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Capstone Technology Gets $5.4M for GAYA Blockchain Project
Capstone Technology, a UAE-based blockchain and AI company has raised $5.45 million to fund the development of its GAYA blockchain project. The project aims to create a network for entrepreneurs in gaming, AI, and entertainment. Capstone Technology…
Bitcoin poised for volatility ahead of US interest rate decision: Analysts
The Fed is expected to deliver its first interest rate cut since the pandemic, which could introduce more volatility before the next Bitcoin leg up.
Bearish Signal For Ethereum: Funding Rates Hit New 2024 Lows—Is A Rally Still Possible?
Ethereum, the second-largest cryptocurrency by market capitalization, is experiencing increasing bearish sentiment in its futures market, according to a recent analysis by CryptoQuant analyst ShayanBTC. The analyst reported on the CryptoQuant…
Hong Kong prepares AI guidelines for finance sector
Hong Kong’s government plans to regulate AI in finance by issuing policies at the upcoming FinTech Week.
USDT Reaches $1 Billion Authorized Issuance on TON
Tether’s USDT, the number one stablecoin by market cap, is growing as part of the TON ecosystem. According to the TON team, the stablecoin reached a milestone recently, registering authorized issuance numbers exceeding $1 billion. However…
Privacy is missing ingredient for business blockchain adoption: EY exec
Paul Brody, EY’s global blockchain leader, highlights how privacy is the missing piece for blockchain adoption in businesses and provides potential solutions to enterprise concerns.
Bitcoin trader says it's still 'too early' to call BTC price bottom
BTC price performance fails to convince commentators that Bitcoin is out of the woods.
Bhutan, Tiny Country With $3B GDP, Holds Over $780M in Bitcoin
Bhutan’s state-owned Druk Holdings touts digital assets as one of its focus investment groups.
DBS to launch crypto options and structured notes for institutions
While DBS did not say the exact date, the banks said that the newly-announced crypto offerings will begin some time on the fourth quarter of 2024.
Ethereum-Bitcoin Ratio Breaks 0.04 Barrier: Could Altcoins Be At Risk?
Today’s Ethereum-Bitcoin (ETH/BTC) trading pair slid below 0.04, a level last seen in April 2021. The declining ETH/BTC ratio could have multiple implications for the wider altcoin market. Altcoins Might Suffer Due To Weak Ethereum One of the…
TaskBunny Releases Its Meme Token with Real Utility and Unstoppable Viral Power
Circle’s USDC stablecoin to launch on Sui network
The UDSC stablecoin will soon become natively supported on the Sui network through the Cross-Chain Transfer Protocol.
Bitcoin Holds Above $58K as Odds of Big Fed Rate Cuts Jump to 67%
Markets are seeing a nearly 70% probability of a bigger 50 bps rate cut to the 4.7%-5% range, up from 25% a month ago.
Police Warn of Bitcoin Scam Threatening to Expose Private Information
Hillsborough and Campbell, California, residents have been alerted to a new email scam, according to local police departments. Scammers are sending emails containing personal details and photos of victims’ homes, threatening to release…
Solana Price (SOL) Consolidates: Time for a Fresh Comeback?
Solana declined and tested the $128 support zone. SOL price is consolidating losses and might aim for a fresh increase above the $132 resistance. SOL price started a consolidation phase from the $128 zone against the US Dollar. The price is now…
Blockchain could help UK’s $14.5T payments sector, says trade group
Trade group UK Finance hailed experiments on the Regulated Liability Network as a success but called for further talks with regulators to develop the system.
Bhutan has twice as much Bitcoin as El Salvador, says Arkham
Bhutan’s investment arm, Druk Holdings, holds more than 13,000 BTC, which is more than double El Salvador’s stash.
Intel shares jump 6% after plan to spin off AI chip-making arm
Intel shares closed higher following a new plan to spin off its AI-focused foundry business into an independent subsidiary capable of raising outside funding.
Latam Insights Encore: Brazil Shows How States Should Keep an Eye on Crypto Usage for Nefarious Purposes
Welcome to Latam Insights Encore, a deep dive into Latin America’s most relevant economic and cryptocurrency news from last week. In this edition, we discuss how Brazil is becoming an example of how states should enforce crypto compliance by…
XRP Price Restarts Climb: Will Bulls Push It Past $0.60?
XRP price found support near the $0.5600 zone. The price is again rising and might aim for a break above the $0.60 resistance zone. XRP price remained supported near the $0.560 zone. The price is now trading above $0.5750 and the 100-hourly Simple…
Latam’s Giant Mercado Libre Announces Expansion of Its Stablecoin Project
Mercado Libre, Latin America’s e-commerce and financial services giant, has announced that it will expand its previously launched Meli Dólar, an in-house developed dollar-pegged stablecoin, to other countries. The token, developed in…
Bitcoin Investors Succumb To Fear As BTC Erases $60,000 Weekend Recovery
AI scientists urge ‘contingency plan’ in case humans lose control of AI
In an open letter, scientists shared worry that the loss of human control or malicious use of AI systems could lead to catastrophic outcomes for all of humanity.
UN Chief: Unregulated AI Threatens Democratic Systems
UN Secretary-General António Guterres warned that unregulated artificial intelligence (AI) poses a risk to democratic systems, exacerbating disinformation and gender inequality. He urged countries to establish AI governance guidelines and promote…
Ethereum Price Struggles to Recover: Short-Term Outlook Weak
Ethereum price gained bearish momentum and traded below $2,350. ETH is consolidating losses and might struggle to recover above $2,350. Ethereum started another decline below $2,350 and $2,320. The price is trading below $2,310 and the 100-hourly…
SEC commissioners slam agency after $750K FlyFish Club NFT settlement
SEC commissioners Hester Peirce and Mark Uyeda didn’t believe any US securities laws were triggered and urged the commission to give NFT firms more room to experiment.
Donald Trump silent on World Liberty Financial, team unveils WLFI token
Donald Trump didn’t share any details about his family’s new crypto platform during his 45-minute talk on X, but the team later revealed that a token would be launched.
Is Ethereum Primed For Surge? Analyst Reveals Key Levels to Watch For A $8,100 Rally
Regardless of the Ethereum (ETH) price’s unappealing performance, the latest analysis from top crypto analysts in the space predicts that the asset might be on the verge of a parabolic rise. In a recent post uploaded on X, renowned crypto…
Crypto Project World Liberty Financial, Promoted by Trump Family, Confirms Plan for Token
The team confirms that the governance token will be available under an SEC Regulation D exemption.