Japan’s Nomura Bank subsidiary Laser Digital launches Bitcoin fund

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ETH dominance on shaky grounds as BTC prepares for potential upturn

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Short-term holders show signs of seller exhaustion

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Unexpected inflation surge in Canada propels 10-year treasury yield to new highs

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Circle director sees potential in EU payment rules for stablecoins

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Bitcoin volatility not shaking investor interest, recent dip sees $500M evaporation without major trend shift

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Crypto Asset Market Cap Should Explode by ‘5 or 10x’ During Next Bull Market, Says Macro Investor Raoul Pal

Former Goldman Sachs executive Raoul Pal says the next bull cycle could bring an explosion in the market capitalization of all digital assets. In a new interview with Altcoin Daily, the macro expert says he expects a huge increase in the adoption of digital assets that could cause the total market cap of crypto to …

Synthetix Founder Kain Warwick Says US Courts Will Sort Out Crypto Regulation Battles – Here’s Why

Synthetix (SNX) founder Kain Warwick thinks it is nearly impossible for decentralized finance (DeFi) projects to avoid regulatory risk in the US. In July, Warwick founded Infinex, a decentralized perpetual exchange that uses Synthetix for its liquidity. He acknowledges that there is regulatory risk associated with the project, arguing that some US regulators are “ignoring …

Circle launches USDC stablecoin on Polkadot Asset Hub

Polkadot USDC users should not deposit XCM-transferred USDC from non-Polkadot Asset Hub parachains, Circle has warned. News Join us on social networks USD Coin (USDC), the second-largest stablecoin by market capitalization after Tether (USDT), continues expanding across different blockchain networks, now being launched on Polkadot. USDC issuer Circle has officially launched USD Coin on the …

Indian state governments spur blockchain adoption in public administration

Numerous initiatives by local and state governments in India — from data management systems to verifiable certificate issuances — currently use blockchain technology. Interview Join us on social networks Ever since Bitcoin (BTC) popularized blockchain technology worldwide, the tech has found its way into myriad processes, from finance to public administration. What started as a …

Token2049 captivates Singapore, Huobi rebrands on 10th Anniversary: Asia Express

Our weekly roundup of news from East Asia curates the industry’s most important developments. Token 2049, one of the largest crypto conferences of the year, attracted a record 10,000 attendees, 300 speakers and 5,000 companies during the two-day event in Singapore. From Sept. 13–14, attendees entering the majestic Marina Bay Sands Convention Expo and Center …

AI Eye: Real uses for AI in crypto, Google’s GPT-4 rival, AI edge for bad employees

AI and crypto isn’t just a buzz phrase AI Eye has been out and about at Korean Blockchain Week and Token2049 in Singapore over the past fortnight, trying to find out how crypto project leaders plan to use AI. Probably the most well-known is Maker founder Rune Christensen, who essentially plans to relaunch his decade-old …

Ethereum Gas Consumption Is Down 99.99% Since The Merge

Ethereum gas consumption has plummeted 99.99% since The Merge, transforming the network into a more environmentally friendly platform. One year after the major upgrade, The Merge, which marked the transition from Proof-of-Work (PoW) to Proof-of-Stake (PoS) consensus, Ethereum has achieved certain improvements, including a record drop in gas consumption. According to data from Glassnode Alerts, …

Billionaire Ray Dalio Warns More Money Printing Coming for US Amid Rapid Debt Accumulation

Billionaire investor Ray Dalio says that the US will likely turn on the money printers again as it takes on more debt. Speaking at the All-In Summit, Dalio says that the United States will eventually struggle to pay off its financial obligations as it piles on more debt. With the country’s rising debt levels, the …

Tether authorizes $1B USDT to “replenish” Tron network

Blockchain trackers flag $1 billion “authorised but not issued” USDT mint at Tether’s Treasury, CTO Paolo Ardoino clarifies holdings will be used for ongoing TRON issuance requests and chain swaps. News Join us on social networks Accounts monitoring blockchains for major mints, trades and token transfers have flagged a $1 billion authorization of USDT in Tether’s …

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