Crypto Biz: Goldman Sachs stacks ETH, BTC
This week’s business newsletter explores Goldman Sachs’ U-turn on digital assets after the investment bank purchased Bitcoin and Ether ETFs.
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Bitcoin Stock-to-Flow Creator Will Go Dark if BTC Price Hits 6 Figures
The world will be “nasty” if Bitcoin hits stock-to-flow’s predictions of $288,000 and higher, PlanB warns, as governments will fight for it. The creator of the Bitcoin (BTC) price model, which forecasts $288,000 for BTC/USD by 2024 will “go dark” if his predictions come true.Speaking on the latest edition of the Stephan Livera podcast on…
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WEF warns CBDCs could be vulnerable to quantum computer attack
“Q-Day” gets closer with every quantum computing breakthrough.
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How NFT court summons could change the legal landscape
RBB Lab, a technology development firm based in the Republic of San Marino, has utilized nonfungible token (NFT) technology to issue a court summons to a former employee and a contractor.RBB Lab CEO Enrico Rubboli told Cointelegraph that it summoned the two individuals to the Judiciary of Italy on claims of attempted extortion and aggravated…
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From the UK to Malaysia: How Countries Have Been Classifying Crypto Across the World
On Jan. 23, the United Kingdom’s Financial Conduct Authority’s (FCA), the domestic financial regulator, released a 50-page-long consultation paper dubbed “Guidance on Cryptoassets.”As the U.K. seems to be moving closer toward rolling out a definitive regulatory framework, it is time to reassess how other crypto markets, specifically the major ones, are dealing with cryptocurrencies on…
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Akon’s Crypto City Moves Ahead Awarding $6B Construction Contract
A U.S. engineering firm awarded singer and entrepreneur Akon with a $6 billion contract to build a crypto city in Senegal. 1372 Total views 93 Total shares United States engineering firm KE International awarded Senegalese-American singer and entrepreneur Akon with a $6 billion contract to build a cryptocurrency city in Senegal.According to a June 4 announcement, KE International…
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Tesla Stock Breaks $2K as High-Risk Tech Asset Sees Bitcoin Comparison
Bitcoin price and Tesla stock have both been in the limelight recently, leading some retail investors to question if there are commonalities between the two assets. As Bitcoin (BTC) continues to hover around the $12,000 mark (as of publication time), in doing so, the largest coin by market capitalization is reaching year-to-date highs that haven’t…
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Ripple, Archax debut first tokenized money market fund on XRP Ledger
To kick things off, Ripple’s XRP Ledge will tokenize asset manager asset manager abrdn’s $4.77 billion US dollar Liquidity Fund.
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SEC sees temporary setback in request to access Binance.US software
A federal magistrate judge has denied the SEC's request to gain immediate access to Binance.US's software, asking the regulator to provide more specific requests for discovery. 102 Total views 2 Total shares The United States Securities and Exchange Commission (SEC) has failed to win immediate access to Binance.US's software in a Sept. 18 hearing, with