Tether's Ardoino says it's now one of top buyers of US Treasury bills, holds $72.5B
The amount of exposure places Tether in the top 22 biggest holders of US Treasury bills, ranking above countries like Spain, Mexico, Australia and the United Arab Emirates.
Baidu CEO Robin Li says more than 70 AI models already released in China
The CEO of Chinese tech-giant Baidu said that, since China’s new AI regulations have been in place, over 70 AI models have been released in China with over 1 billion parameters.
Shinobi Joins Bitcoin Magazine as Technical Editor
Bitcoin privacy researcher Shinobi is joining Bitcoin Magazine as Technical Editor.With a long history of contributions to the Bitcoin development conversation, Shinobi will seek to enhance the publication’s ability to elevate ongoing technical…
Analyst Calls ADA Amazon Of The Crypto World, Forecasts Bright Future Ahead
Amid increased price fluctuations in the crypto market, Crypto Capital Venture founder Dan Gambardello is bullish about Cardano’s (ADA) future. In his latest YouTube video, Gambardello compared Amazon’s stock price trajectory to Cardano’s…
Bitcoin, Ethereum Technical Analysis: BTC Slips Below Key Support Point as US Markets Reopen Following Labor Day
Bitcoin moved lower on Tuesday, as U.S. traders returned from the Labor Day celebration, bringing back bearish sentiment with them. The global crypto market cap was down by 0.47% at the time of writing. Ethereum remained in the red, with price…
First Mover Americas: Bitcoin Remains Subdued Below $26K
The latest price moves in bitcoin (BTC) and crypto markets in context for Sept 5, 2023. First Mover is CoinDesk’s daily newsletter that contextualizes the latest actions in the crypto markets.
Ethereum Bears Gain Upper Hand With Escalating Sell-Off: Impact On ETH Price
The Ethereum (ETH) market has been gripped by escalating bearish sentiment as the taker buy-sell ratio, a critical indicator of market dynamics, plunged to a yearly low. This downward trajectory has sparked concerns among investors and traders…
Hawaii Man Charged for Making False Security Fund Conversion to Crypto Claims
The U.S. Securities and Exchange Commission has charged a Hawaiian resident for falsely claiming that his fraudulent security would become the “first publicly traded security fund to convert to a cryptocurrency.” According to the…
Can Ripple Control The XRP Price? Crypto Analysts Weigh In
The XRP token has attracted much attention, especially because of Ripple’s ongoing legal battle with the US Securities and Exchange Commission (SEC). This has led to speculations on whether Ripple is able to control the XRP price or not. So crypto…
Worst Behind For BTC Price? Whales Accumulate Bitcoin, But It’s Not BlackRock
The Bitcoin price currently remains in a vulnerable position. Meanwhile, recent on-chain data suggests that Bitcoin whales are accumulating, but contrary to popular rumors, BlackRock isn’t among them. Meanwhile, analysts are divided on…
Traditional Finance Exchanges Divided on Crypto Services: Survey
A World Federation of Exchanges survey found 41% of respondents already offer crypto-related products or services, with a further 24% planning to offer them in the future.
What Is the Drivechain Proposal and Why Is It Dividing the Bitcoin Community?
Drivechain, a Bitcoin improvement proposal that presents a way of scaling Bitcoin using sidechains, level two blockchains that receive bridged tokens from a parent chain, is generating a loud buzz on social media from supporters and detractors…
MetaMask scammers take over government websites to target crypto investors
Official government websites from India, Nigeria, Egypt, Colombia, Brazil, Vietnam and other jurisdictions have been found redirecting to fake MetaMask websites.
Shiba Inu (SHIB) Presents Compelling Reversal Indicators – Could This Be It?
Shiba Inu (SHIB) has recently been on the radar of cryptocurrency enthusiasts as data suggests a potential comeback for this meme-inspired digital asset. The SHIB community had reason to celebrate with the successful relaunch of the Shibarium Layer…
Japanese regulator seeks to scrap “unrealized gains” tax on crypto
The Japanese Financial Services Agency has proposed changing the tax code around digital assets to free domestic firms from the end-of-the-year “unrealized gains” tax on crypto.
The Relationship Between Bitcoin and Interest Rates Is Breaking Down: Arthur Hayes
The steepest Fed rate hike cycle in decades should have killed bitcoin and other risk assets, but a new relationship between the two are forming, Hayes argued in a Tuesday keynote at the ongoing Korea Blockchain Week.
Global Standard Setters to Deliver Global Crypto Policy Roadmap
The Financial Stability Board and the International Monetary Fund are set to deliver a paper calling for global coordination on crypto policy at this weekend's G20 summit.
Only Web3 Social Media Can Bring Back Power to Users — Phaver CEO Joonatan Lintala
According to Joonatan Lintala, the co-founder and CEO of Phaver, the limited progress of the technology behind Web3 social media platforms is one of the reasons why prospective users are reluctant to try them out. Lintala also added that…
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