Crypto deregulation under Trump: Promises vs reality
The incoming US president will have the authority to enact many policies favorable to crypto users after taking office next week.
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4 metrics suggest Bitcoin price will correct — But can BTC hit $20K first?
A pullback in the price of Bitcoin (BTC) is likely, based on several on-chain data points, namely the Spent Output Profit Ratio (SOPR) indicator, stablecoin inflows, stacked sell orders at $19,000, and the Crypto and Fear Index. However, the question remains when that correction would occur.Profit-taking pullback possible with lower buy pressureThe SOPR indicator essentially…
China to tighten control on exports of AI chip-making materials
The Chinese government has announced that it plans to control the export of gallium and germanium products that are heavily used to produce semiconductors. The Chinese government has announced plans for export controls on metals predominantly used to manufacture semiconductors used in the development of artificial intelligence (AI) systems.On July 3, the Chinese Ministry of…
The Future Is Stablecoins, Say Panelists for Chamber of Digital Commerce
As banks look to tokenize currency and USDT volume rises, experts see a bright future for stablecoins. 1161 Total views 25 Total shares In a June 24 webinar put on by the Chamber of Digital Commerce, major figures from the crypto community spoke about the growing role of stablecoins.Long-term view of stablecoinsOne of the guests…
Abramoff-linked crypto firm says SEC has no case against it
Participants of a $5.6 million token sale did not expect a return on investment, the NAC Foundation argued. 1241 Total views 13 Total shares The NAC Foundation has accused the United States Securities and Exchange Commission of misconduct in an ongoing case. According to court documents Oct. 20, Rowland Marcus Andrade and his company NAC Foundation asked a…
Nomad releases bridge relaunch guide after patching contract vulnerability
The Nomad protocol will allow users to bridge back madAssets and access a pro-rata share of recovered funds. 885 Total views 2 Total shares Own this piece of crypto history Collect this article as NFTThe Nomad token bridge announced its relaunch guide after fixing the contract vulnerability that led to a $190 million exploit in…