Bank of America CEO mulls entering stablecoin business

QNT, SFI and XYO gained more than 20% while bulls attempt to push BTC and ETH back to their local highs. 650 Total views 114 Total shares Bitcoin (BTC) price has recovered from its recent $37,500 low and the digital asset's run back toward the $40,000 mark spurred bullish activity from many altcoins. Data from Cointelegraph…

Bitcoin (BTC) held $49,000 on Aug. 28 after the United States Federal Reserve sparked a run-up toward critical resistance.BTC/USD 1-hour candle chart (Bitstamp). Source: TradingViewAll eyes on $49,300 on the weekly chartData from Cointelegraph Markets Pro and TradingView showed BTC/USD cooling at higher levels after cracking the $49,000 mark late Friday.The end of the working week…

Bitcoin (BTC) is beating records this Christmas as sub-$17,000 price action sparks unrivaled pain for hodlers.Data from on-chain analytics firm Glassnode shows that both short-term and long-term investors are sitting on more losses than ever before.New or old, Bitcoin hodlers nurse serious lossesSince the FTX meltdown sent crypto markets tumbling, BTC/USD has failed to recover.…

The U.S. government is behind on innovation by a wide margin, says official. 498 Total views 4 Total shares Speaking at the digital LA Blockchain Summit, Commodity Futures Trading Commission chairman, Heath Tarbert, said U.S. regulation lags behind crypto and blockchain."I would be the first to agree with you that innovation is unlikely to come from…

The collaboration aims to create a zero-shot generative AI model, which would work on creating new antibody therapeutics and enhancing the existing ones. The pharmaceutical company that developed one of the vaccines for COVID-19, AstraZeneca, will partner with a United States-based Artificial Intelligence (AI) biologics firm, Absci, to design an antibody for cancer. According to a

Bitcoin has crossed the $62,000 mark for the first time since Aug. 3, and futures traders are scrambling to adjust their positions.

Blockstream's Adam Back says that unlimited money printing will drive retail investors towards Bitcoin and push the price to $300,000 within five years.In an interview with Bloomberg — in which he once again denied he was Bitcoin (BTC) creator Satoshi Nakamoto — Back outlined his thinking behind the sky-high price prediction.The cypherpunk OG — who…

German regulators and lawmakers have thus far failed to create a workable legal framework that would provide legal certainty for applications of blockchain technology, representatives from the country’s Free Democratic Party (FDP) have argued.An FDP proposal, entitled “Creating a Sustainable Framework for Distributed Ledger Technology in the Financial Market,” was put forward during a public…