In the middle of escalating tensions between Israel and Hamas, over 100 legislators, led by Senators Elizabeth Warren and Roger Marshall and Representative Sean Casten, have issued a bipartisan note urging the Biden administration to address alleged close relations between crypto and terrorism. The lawmakers express alarm over reported evidence suggesting that Hamas successfully evaded …
Monthly archives: October 2023
Uniswap Is Decentralizing: Why Are DeFi Users Worried About This Feature?
Devin Walsh, Executive Director of the Uniswap Foundation, a non-profit organization supporting the growth and decentralization of the Uniswap decentralized exchange (DEX), believes that Uniswap is decentralizing. Walsh even compares the current state of the DEX to that of Ethereum. The executive also acknowledged that the DEX’s current level of success is due to the active participation …
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Expert Trader Identifies 6 High-Potential Altcoins To Watch
In its latest update on October 18, renowned crypto analyst Rekt Capital has highlighted six altcoins that have caught his attention, showing potential for the remainder of 2023, Ocean Protocol (OCEAN), Dogecoin (DOGE), Woo Network (WOO), Verasity (VRA), Stellar (XLM), and Injective (INJ). Mixed Signals For Dogecoin Rekt Capital’s analysis suggests a crucial moment for …
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When Will Bitcoin Price Reach $1,000,000? Pundit Lays Out A Timeline
Since the Bitcoin Price crossed $50,000 back in the 2021 bull market, there have been speculations on when the price will hit $100,000, and on the other extreme end, $1,000,000. Over time, various analysts and pundits have put forward their forecasts, but the most recent of these is from budding economist Alessandro Ottaviani who believes …
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Tesla earnings: Bitcoin bags untouched as firm splashes out on AI
Tesla held onto its sizeable Bitcoin bags in the third quarter and upped its spending on artificial intelligence and research and development. News Join us on social networks Electric vehicle maker Tesla made no changes to its sizeable Bitcoin (BTC) holdings — the fifth quarter in a row — though it has directed more funds …
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Lightning Labs releases Taproot Assets alpha, bringing stablecoins to Bitcoin
Taproot Assets is “how we bitcoinize the dollar and the world’s financial assets,” says Ryan Gentry, director of business development at Lightning Labs. News Join us on social networks Bitcoin layer-2 infrastructure firm Lightning Labs has released the mainnet alpha of Taproot Assets, a protocol aimed at enabling stablecoins and real-world assets to be issued …
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Fed Governor Says a CBDC in the US Has ‘Unclear’ Use Case and Presents Significant Risks
Federal Reserve Bank governor Michelle Bowman says that the use case for a central bank digital currency (CBDC) in the US remains unclear. In a new roundtable speech at Harvard, Bowman says that there may be alternatives to CBDCs that already solve the same issues that a digital dollar purports to address. “It is quite …
OpenAI partners with G42 in Dubai eyeing Middle East expansion
The two companies said they plan to use OpenAI’s models in industries in which G42 has connections and experience, such as energy, finance, healthcare and public services. News Join us on social networks OpenAI, the maker of popular artificial intelligence (AI) chatbot ChatGPT, and Dubai-based technology holding group G42 announced a new partnership on Oct. …
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Just how bullish is the Bitcoin halving for BTC price? Experts debate
Analysts recently debated whether or not the Bitcoin halving is still a meaningful catalyst for BTC’s price discovery. Markets News Join us on social networks A recent panel at the Swan Pacific Bitcoin festival was cleverly titled, “Are halving price cycles bullshit?” Throughout the discussion, host and founder of the Bitcoin Layer Nik Bhatia asked …
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Inspector General wants FDIC to refine crypto risk assessment process, guidance
The bank deposit insurer should assess the sufficiency of its risk mitigation measures and then provide them in a more organized manner, the inspector general found. News Join us on social networks The Inspector General’s Office (OIG) of the Federal Deposit Insurance Corporation (FDIC), the independent United States government body that provides deposit insurance to …
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Universal Music Group enters partnership to protect artists’ rights against AI violations
The new partnership between Universal Music Group and BandLab Technologies focuses on ethical AI usage to protect artist and songwriter rights. News Join us on social networks Universal Music Group (UMG) announced a new partnership with social music creation platform BandLab Technologies on Oct. 18 to promote responsible practices with artificial intelligence (AI) in the …
Fidelity’s Spot Bitcoin ETF Amendment Adds To Optimism Over Regulatory Approval
Fund management giant Fidelity filed an amendment for its proposed spot Bitcoin ETF (exchange-traded fund), helping buoy sentiment about regulatory approval for the new class […] Go to Source
US Legislators Demand Action Against Hamas Cryptocurrency Financing
US lawmakers are demanding President Joe Biden act quickly to prevent terrorist groups from using cryptocurrencies as a fundraising tool following the surprise attack on […] Go to Source
Spot Bitcoin ETF Approvals May Boost Crypto Market Cap By Almost $1 Trillion, Fire BTC Price To $73K, CryptoQuant Says
The approval of spot Bitcoin exchange-traded funds (ETFs) in the US may boost crypto’s market capitalization by $1 trillion and fire BTC’s price to as […] Go to Source
Bitcoin Price Surging On Likely Approval Of Spot Bitcoin ETFs Has Traders Eyeing Huge Profits On Bitcoin Minetrix
The Bitcoin price is grinding higher as the probability that a spot Bitcoin ETF will be approved rises, which is leading traders to back Bitcoin […] Go to Source
