Bitcoin metric calls 'local bottom' as traders eye sub-$60K BTC price
BTC price expectations demand a trip below $60,000 before upside continuation, but a market top and bottom metric says the worst is over.
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Italy to tackle AI regulation as one of main priorities during G7 presidency
Prime Minister Giorgia Meloni said she wants to hold a special AI-focused session of G7 members before the first leaders’ summit, scheduled for June. Italy, one of the first European countries to effectively ban OpenAI’s popular chatbot ChatGPT, will address the topic of artificial intelligence (AI) as one of the priorities of its Group of Seven
If blockchain projects sold cars: Facts vs. feelings in Web3 marketing
If you look closely enough at the Web3 sector through a marketer’s lens, you begin to see a fundamental mismatch between how blockchain and crypto projects market themselves and how effective brands do it in the real world. Let’s take a look at the car industry as an example to see what I mean. When
OCC greenlights national banks to run nodes and stablecoin networks
The latest from the Treasury's most crypto-forward office says that national banks don't have to fear stablecoin nodes. 421 Total views 1 Total shares Monday evening, the Treasury's Office of the Comptroller of the Currency told national banks that they are allowed to run independent nodes for distributed ledger networks.Referring to of independent node verification…
Here’s why pro traders expect further downside from Ethereum price
Derivatives data shows that Ether (ETH) traders are feeling less bullish when compared to Bitcoin (BTC). Even though the altcoin captured a nearly 200% gain in the first half of 2021 versus Bitcoin's modest 22% price increase, traders seem to be more affected by Ether's recent underperformance.Institutional flow also backs the decreased optimism seen in…
Grayscale asks SEC to meet on ‘way forward’ for Bitcoin ETF conversion
“We believe the Trust’s nearly one million investors deserve this fair playing field as quickly as possible,” Grayscale's lawyers wrote to the regulator. 535 Total views 24 Total shares Grayscale has told the Securities and Exchange Commission it has no legal reasoning left to block the conversion of the asset manager’s flagship Bitcoin (BTC) fund
NFL quarterback Aaron Rodgers will accept part of $22M salary in Bitcoin
The Green Bay Packers player’s total salary would be worth roughly 368.8 BTC at a price of $60,636. 1375 Total views 36 Total shares Aaron Rodgers, quarterback for the Green Bay Packers football team, has said he will be taking part of his National Football League salary in Bitcoin.In a video posted to his Twitter…
US Justice Dept is selling $56M in crypto to compensate victims of BitConnect’s fraud
“This liquidation is the largest single recovery of a cryptocurrency fraud by the United States to date,” said the Justice Department. 216 Total views 50 Total shares The United States Department of Justice is planning to sell $56 million worth of cryptocurrency seized in connection with its case against Ponzi scheme BitConnect.In a Nov. 16…
Ethereum dev must face jury for allegedly helping North Korea evade sanctions
Virgil Griffith, a crypto developer accused of helping North Korea evade sanctions through speaking at a Pyongyang crypto conference in 2019, must now face a jury. 2660 Total views 13 Total shares A New York federal judge has denied an Ethereum developer’s motion to dismiss criminal charges over allegations he assisted the North Korean regime…