Bitcoin will protect the wealth that AI creates: Pompliano

Nonbank fintechs may be left unable to contribute to the United States government’s relief plan for small businesses hit by the COVID-19 crisis.On April 3, the U.S. Small Business Administration (SBA) launched a Paycheck Protection Program (PPP) as part of the federal government’s $2 trillion coronavirus relief package. The PPP aims to support small businesses…

Rich Checkan described CBDCs as the spawn of Satan, and thinks that Bitcoin is still a speculative asset and not a currency alternative yet. 915 Total views 26 Total shares Rich Checkan, the president of Asset Strategies International (ASI) has described central bank digital currencies (CBDCs) as a product that was “concocted in hell by…

CEO Michael Saylor disclosed the $15 million BTC purchase on Thursday. 5772 Total views 29 Total shares MicroStrategy, the Virginia-based business intelligence firm, has added another 271 Bitcoin (BTC) to its strategic reserves, underscoring CEO Michael Saylor’s growing conviction in the digital asset. The purchases were made through May 13 for an average price of $55,387,…

Bitcoin worth $600 million gets taken off the market as BTC/USD struggles to cement support for a retest of $40,000. 4195 Total views 29 Total shares Asset manager Grayscale added 18 times more Bitcoin (BTC) than miners added to the supply in just one day on Jan. 18.As various data sources confirm, Grayscale, which remains…

Using AI to plan, commit, or help cover up a plan could lead to harsher sentencing in the US soon.

Nonfungible tokens took the crypto market by storm this year, with sales expected to reach almost $18 billion by the end of 2021. 395 Total views 24 Total shares United States crypto exchange Coinbase has made new upgrades to its self-custody wallet, including adding support for nonfungible tokens, or NFTs, in a move that could…

There’s more to the metaverse than hardware, and Mark Zuckerberg appears to be learning that lesson the hard way.

Institutional trading firms have faced financial losses and operational difficulties in the wake of the FTX collapse. 459 Total views 3 Total shares Crypto derivatives exchange Bybit has launched a new support fund to help institutional traders access liquidity in the wake of the FTX collapse — an event that triggered a fresh wave of…

All eyes were on Litecoin (LTC) price August 5 as its block reward halving failed to excite markets and produce gains for investors. Litecoin 7-day price chart. Source: Coin360LTC gains fail to materializeData from Coin360 showed Litecoin, which is the fifth-largest cryptocurrency by market cap, trading at around $94 Monday, just one hour before the halving.Once…