EU watchdog urges banks to prioritize clients in AI usage

Asset managers apear hopeful the SEC will be more open to Bitcoin ETFs tied to futures contracts than those focused on the spot markets. 166 Total views 1 Total shares Alternative financial services firm, Valkyrie Digital Assets, has become the latest company to file for a Bitcoin exchange-traded fund (ETF) offering indirect exposure to BTC…

A recent newsletter to Delphi Digital clients delved into the economic aftermath of the coronavirus pandemic and how the current fiscal stimulus package from the U.S. Federal Reserve could be propping up equities markets and the entire economy.  According to the firm, COVID-19-related government spending has breached the $1.1 trillion mark, bringing June’s monthly budget deficit…

Bitcoin is an aspirational store of value according to Fidelity Digital Assets. 434 Total views 8 Total shares Fidelity Digital Assets, subsidiary of multi-trillion dollar investment firm Fidelity Investments, views Bitcoin (BTC) as an “aspirational store of value” and an “insurance policy” against a troubled financial system according to a new report.Fidelity holds over $8…

Major cryptocurrency exchange Binance’s newest research supports the theory that the launch of institutional trading platform Bakkt partly caused Bitcoin to drop 20%.In the latest edition of its markets overview, Binance Research, the exchange’s analytics arm, singled out Bakkt as the principal event which occurred just before Bitcoin’s price slip last week.Binance: Bakkt is a…

One of the biggest trends in recent months has seen Bitcoin flow out of exchanges into wallets. Generally, this is interpreted as a bullish sign — indicating that investors are optimistic about further growth in cryptocurrency prices. But delve deeper, and there’s more to this than meets the eye. The crypto industry has grown immeasurably over…

Reporting from the inaugural day of the Blockchain Hub Davos 2022 conference, Cointelegraph’s editor-in-chief, Kristina Lucrezia Cornèr hosted a panel discussion centered around decentralized finance (DeFi) titled "Programmable Money is Here — and It’s Changing the World as We Know It."Panelists included chief partnership officer of SwissBorg, Alexander Fazel; Global Markets lead of Kraken Europe,…

A German collective launched a massive campaign to incentivize people to disseminate stickers with positive crypto messages. 268 Total views 11 Total shares Ideas Are Like Flames, a collective based in Germany, launched a campaign to dismantle misconceptions regarding Bitcoin (BTC). The group has incentivized people to place Bitcoin-related stickers in cities around the world.According…

Crypto analysis firm DappReview published its quarterly report examining transaction volumes for decentralized applications (DApps) on April 8.The report finds a significant increase in total DApp activity during the past three months when compared to Q1 2019, despite a drop in the number of new projects and users.Quarterly DeFi volume nearly doubles year-over-yearWhile Quarterly Ethereum-based…

Cryptocurrency finance company Circle has released the third audit attestation of the reserves of its fiat-backed stablecoin, USD Coin (USDC), according to an official statement Jan. 16.The third-party audit of Circle’s United States dollar reserves was issued by independent accounting firm, Grant Thornton LLP.According to the report, as of Dec. 31, 2018 at 11:59 p.m.…