Bitcoin hits new 6-week high as Ethereum liquidates $240M more shorts

Chief strategy officer at blockchain development firm Blockstream, Samson Mow, declared that he believes that Facebook should have used Bitcoin (BTC) instead of developing its own stablecoin in a series of tweets published on July 16.‘Libra Can’t Be Everything for Everyone’In his tweets, Mow noted that — after watching the entirety of today’s senate banking…

Hester Peirce, commissioner at the United States securities regulator, has urged for a less cautious approach towards innovation in the exchange-traded funds (ETFs) space on the regulator’s part. The Financial Times reported on her remarks on June 2.Per the report, the Security and Exchange Commission’s (SEC) Peirce called on her co-commissioners to allow for innovation…

Teams representing the maths and science departments of the universities of Cambridge and Oxford are competing to design cryptocurrency trading algorithms. 1664 Total views 11 Total shares More than one dozen teams representing the mathematics and computer science departments of Oxford and Cambridge universities are competing to build crypto trading algorithms on major exchanges Coinbase…

Musk recently said he expected xAI to catch up to OpenAI and DeepMind Google by the end of 2024.

Tuesday, Aug. 13 — Bitcoin (BTC) falls under the $11,000 mark again as most of the top 20 cryptocurrencies are reporting moderate losses on the day by press time.Market visualization courtesy of Coin360Bitcoin’s price is currently down by 3.12% on the day, trading at around $11,019, according to Coin360. Looking at its weekly chart, the…

Former CFTC Chair J. Christopher Giancarlo founded the Digital Dollar Project and currently works as an advisory board member for the Chamber of Digital Commerce.

The Bank of Ghana’s first deputy governor says the institution remains committed to piloting a central bank digital currency. 859 Total views 35 Total shares The Bank of Ghana (BoG) remains committed to piloting a central bank digital currency (CBDC), the bank’s first deputy governor has said.Dr. Maxwell Opoku-Afari made the comment during a virtual…

Bitcoin mining stocks had a dull performance in March, with small moves here and there that followed BTC's price movement. While it is encouraging to see that most stocks held onto their impressive January gains, Bitcoin's price action will be crucial for the short-to-medium-term performance of these stocks.Additionally, the expansion of the public Bitcoin mining…