Vocal opposition to the European Central Bank’s (ECB) digital euro project reportedly swelled after the institution’s payment system crashed last month. TARGET2 (T2), the ECB’s real-time gross settlement system, went down in late February, which prevented payments from being processed for several hours. Now, some members of the European Parliament, a legislative body of the …
Continue reading “Mass Banking Outage Sparks Doubts on EU’s Planned Digital Euro: Report”
ARK Invest’s Cathie Wood is predicting that recessionary pressures will soon end, setting the US economy up for a massive economic boom in the second half of 2025. Wood tells her 1.7 million followers on the social media platform X that the US economy is currently experiencing the final stages of a rolling recession, setting …
TLDR Ethereum has fallen below its 2-year realized price of approximately $2,058, putting most investors underwater ETH is trading between $1,750-$2,000 with significant resistance at the $1,890 and $1,950 levels Only 47% of Ethereum holders remain in profit according to CryptoRank data A major Ethereum whale faced liquidation risk on 67,675 ETH ($121.8 million) when …
Continue reading “Ethereum (ETH) Price: Can the $1,600 Support Zone Save ETH From Further Decline?”
Currently, running open-source AI models locally is merely an awkward alternative to the ease of using cloud-based services like ChatGPT, Claude, Gemini, or Grok. However, running models directly on personal devices rather than sending information to centralized servers offers enhanced security for sensitive information processing and will become increasingly important as the AI industry scales. …
Continue reading “Google’s Gemma 3 makes home AI a reality with new open-source model”
The US House of Representatives has voted overwhelmingly to overturn the controversial DeFi broker rule introduced by the Internal Revenue Service (IRS) under President Joe Biden’s administration. The measure passed with strong bipartisan support, as 292 lawmakers voted in favor while 132 opposed it. Although many Democrats resisted the repeal, 76 broke ranks to join …
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On Tuesday, March 11, bitcoin ETFs experienced net outflows of $371 million, marking a full week of consecutive withdrawals. Ether ETFs also faced challenges, with $22 million in net outflows, extending their streak to five days. Market Caution Prevails With Bitcoin and Ether ETFs Seeing Continued Withdrawals Investors continued to reassess their positions in bitcoin …
This content is provided by a sponsor. PRESS RELEASE. SINGAPORE, March 12, 2025 – LBank(lbank.com), a leading global cryptocurrency exchange, proudly announces the launch of its $100 million Futures Risk Protection Fund, setting a new benchmark for trader security and market fairness. This initiative is designed to mitigate the impact of abnormal market volatility, ensuring …
Starknet has announced its ambitious plan to become the first Layer 2 solution to unify Bitcoin and Ethereum, aiming to enhance bitcoin’s functionality and scalability while preserving its core principles of decentralization and trustlessness. The initiative includes the integration of the Bitcoin wallet Xverse with Starknet, allowing users to utilize Bitcoin assets on the platform …
Line, Japan’s largest social media network, has announced a partnership with Sony’s recently launched “Soneium” blockchain to introduce blockchain-powered mini-apps to its 200 million users. This collaboration aims to enhance user experience and facilitate new blockchain interactions while providing developers with tools to foster innovation within the ecosystem. Soneium, which has quickly gained traction with …
Japanese hotel developer and bitcoin treasury firm Metaplanet is borrowing ¥2 billion or roughly $13.5 million to buy more bitcoin (BTC). The company posted the announcement via its X account on Tuesday evening. Metaplanet currently owns 2,888 BTC and recently implemented a strategy that will see it purchase 21,000 bitcoin by 2026. The firm also …
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Venture capital firms and angel investors are reportedly circumventing lock-up periods for crypto tokens by using market-making firms to trade them off-market. Constructing ‘Two-Sided Books’ Some venture capital (VC) firms and angel investors reportedly have devised methods enabling them to offload locked-up tokens before they can be traded on the open market. According to a …
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Sol Strategies has signed a definitive agreement to acquire three Solana validators, including the prominent Laine validator, and the analytics site Stakewiz.com. This move significantly boosts its staked SOL to 3.3 million and enhances its institutional staking services on the Solana blockchain. Sol Strategies Strengthens Solana Presence with Acquisition of Laine Validator and Stakewiz.com Canadian …
Large holders of Bitcoin (BTC) have accumulated BTC worth hundreds of millions of dollars over the past week amid the crypto selloff, according to analytics platform Santiment. Santiment says that since March 3rd, Bitcoin whales and sharks have collectively added 4,486 BTC to their holdings amid panic by retail crypto traders over the past couple …
BitMEX co-founder Arthur Hayes thinks downside continuation is possible for Bitcoin (BTC) even after witnessing a 24% correction from its all-time high. In a new post on the social media platform X, the crypto veteran outlines a series of events that he thinks would pressure the Federal Reserve to pivot and end its restrictive monetary …
A bipartisan majority in the US House of Representatives voted to repeal the so-called IRS DeFi broker rule. The US House of Representatives has voted in favor of nullifying a rule that would have required decentralized finance (DeFi) protocols to report to the Internal Revenue Service. On March 11, the House of Representatives voted 292 …
Continue reading “US House follows Senate in passing resolution to kill IRS DeFi broker rule”
