AI may lead to inflationary pressures: Bank of Canada

Over 4,400 people responded to a poll created by Nathaniel Whittemore on Twitter last week, explaining what they did before becoming involved in cryptocurrency.A guy who designed helicopter manufacturing processes. A plumber. A prison inmate. A nutritionist.Someone described a group of surgeons who brought a fund to life; someone else pointed out that the industry…

A major digital asset platform is making it even easier to order that double espresso with an extra shot.Starbucks mobile app users will soon be given the option to pay for their drinks with “Bakkt Cash.” Intercontinental Exchange (ICE), parent company of the Bitcoin derivatives provider, had declared back in August 2018 that the coffee…

Bitcoin (BTC) price has been testing the $10,000 mark this month as online metrics like the number of tweets and Google searches mentioning Bitcoin show a two year-high.Cryptocurrency market weekly overview. Source: Coin360Several relationships have been established between external factors and Bitcoin price evolution. Most notably, social media metrics like the number of tweets mentioning…

InCore bank becomes the first Swiss business-to-business bank approved by the financial watchdog to operate with digital assets. 1226 Total views 53 Total shares The Swiss Financial Market Supervisory Authority, or FINMA, has authorized InCore bank to carry out digital assets transactions, allowing customers worldwide to access and transact within the bank.The official announcement represents…

Bitcoin price action may be boring for many, but whales have been busier than ever behind the scenes, data suggests. 1207 Total views 14 Total shares Bitcoin (BTC) analysts are eyeing short-term volatility as whales begin unprecedented behavior.Fresh data shows that whales have not only been highly active on the market — they’ve been moving…

Following the U.S. SEC’s approval of spot Ether exchange-traded funds, VanEck has launched its Ethereum Strategy ETF. 2945 Total views 15 Total shares Investment management firm VanEck is set to launch its Ethereum Strategy ETF on Oct. 2, with the product now listed on its website under the ticker EFUT and set for trading on the

The Israel-based firm raised capital for the first time since 2018, after failing to go public in 2022 through a SPAC merger. 1243 Total views 5 Total shares Own this piece of history Collect this article as an NFTTrading platform eToro has secured $250 million in funding at a $3.5 billion valuation, the company announced…

The current whereabouts of the funds remain unknown. 215 Total views 3 Total shares Ho-ho-ho! Get Limited Holiday Trait!Collect this article as NFTAccording to a Bloomberg report published on Dec. 27, the U.S. Department of Justice has launched an investigation into the whereabouts of approximately $372 million in missing digital assets from now-defunct cryptocurrency exchange…

Norway’s Financial Supervisory Authority says it only supervises crypto companies for money laundering. 710 Total views 4 Total shares Amid Bitcoin's (BTC) drop to six-month lows below $30,000 on Tuesday, a Norwegian financial regulator warned investors that the cryptocurrency industry is largely unregulated in the country.The Financial Supervisory Authority of Norway, or Finanstilsynet, published June…