Bitcoin price cements $96K as 'crucial' US PPI data boosts stocks

With Bitcoin (BTC) continuing to hold ground above the all-important $60,000 psychological threshold for two weeks running, a growing chorus of voices seems to be echoing the sentiment that the market may be in the midst of another “Bitcoin season.” This basically refers to a window of time where money flows from various altcoins back into…

The company-wide ban prevents Samsung employees from accessing generative AI tools on all Samsung-owned devices and internal networks. 443 Total views 4 Total shares Own this piece of history Collect this article as an NFTSamsung is the latest entity to take a stance against emerging generative artificial intelligence (AI) tools as they rapidly infiltrate major…

The SEC alleges Kraken is operating an unregistered securities exchange.

It may span only a couple of years, but the history of Bitcoin exchange-traded funds (ETFs) and the United States Securities and Exchange Commission (SEC) is already a long one. Back in March 2017, the SEC rejected the application for a Bitcoin ETF put forward by the Winklevoss twins, claiming that the underlying Bitcoin market was…

As reports hit the United Kingdom in mid-June warning that inflation rates had fallen to a four-year low, high-profile fund managers were conversely worrying that the COVID-19 stimulus from governments and central banks would ultimately drive up prices. In a recent market outlook note, famed hedge fund investor Paul Tudor Jones warned that: “We are witnessing the…

Ethereum’s Dencun upgrade has “greatly improved” the economics of Ethereum rollups. However, Galaxy says it also brought more failed transactions.

Only a “very, very tiny percentage” of this month’s 1,700 job losses at IBM affected its blockchain division, The Block reported on June 20.Jerry Cuomo, the vice president of IBM Blockchain Technology, told the website that the tech giant is prioritizing blockchain skills when making hiring and firing decisions — adding it was “full steam…

Where would you hide $3.4 billion worth of Bitcoin? For James Zhong, the ideal spot was to store it on a computer — with its circuitry exposed — placed in a used Cheetos popcorn tin hidden in a bathroom closet under a pile of blankets. Zhong, now 32, was sentenced to a year in federal…

Changpeng Zhao first announced the fund following FTX filing for bankruptcy, saying it would be aimed at helping projects with liquidity issues, but was not for "liars or frauds." 265 Total views 1 Total shares Changpeng Zhao, chief executive officer of crypto exchange Binance, has denied a report claiming he met with investors in Abu…