Fed rate cuts are not a sure thing — What does this mean for Bitcoin?
A portfolio manager says market participants are a bit too optimistic about an aggressive Fed interest rate cut, which could pose risks.
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Dfinity taps SingularityNET to bring AI services to DApps
SingularityNET CEO Ben Goertzel said it’s important to make AI systems available in decentralized networks and not controlled by elite groups. 187 Total views 2 Total shares Research and development firm Dfinity Foundation has partnered with artificial intelligence (AI)-focused blockchain firm SingularityNET to improve the infrastructure of decentralized AI and allow decentralized applications (DApps) on

What would Commerce Secretary Andrew Yang mean for crypto?
A CNN report suggests Yang may be on the short list for a position in Joe Biden's cabinet. 2583 Total views 18 Total shares President-elect Joe Biden is reportedly considering crypto-friendly Andrew Yang as his future Secretary of Commerce.According to a CNN report “based on conversations with Biden allies and advisers and Democrats with knowledge…

$56.3K Bitcoin price and $1T market cap signal BTC is here to stay
Bitcoin price hit a new high at $56,368, cementing its status as one of the most valuable assets on the planet. 3296 Total views 25 Total shares As Bitcoin (BTC) price pushed above $55,300 in the morning trading session, its market cap surpassed $1 trillion for the first time on Feb. 19. The breakout continued…

Friend.tech threatens to punish users if they use copycat apps
Friend.tech warned users who choose to jump ship to “forks and copies” will see their existing points forfeited. 198 Total views 2 Total shares Crypto’s newest decentralized social media (DeSo) app friend.tech has been met with intense criticism over a decision to punish users who opt in to forks or copycat versions of its tokenized…

Board urges Bank of Central African States to introduce common digital currency: Report
The Central African Republic, one of the nations served by the Bank of Central African States, passed legislation adopting Bitcoin as legal tender in April. 67 Total views 4 Total shares The Bank of Central African States, or Banque des États de l'Afrique, which serves Cameroon, the Central African Republic, Chad, Equatorial Guinea, Gabon, and…

On quantitative easing, crypto and modern monetary theory
With the COVID-19 crisis showing no signs of abating in the United States, central banks around the world have deployed financial airbags in the form of quantitative easing, and they plan to do a lot more. Modern Monetary Theory has taken center stage, and we are witnessing it in action. It’s a sight that will…

Core Scientific posts $265M Q4 loss, unveils $1.2B data center plan
Core Scientific sees potential for over $10 billion in cumulative revenue with the artificial intelligence hyperscaler CoreWeave.

Blockchain Association files support in suit to lift Tornado Cash sanctions
The crypto advocacy group said OFAC must act within its statutory authority by sanctioning bad actors, not open-source software tools. The Blockchain Association has thrown fresh support behind six plaintiffs suing the United States Treasury Office of Foreign Assets Control (OFAC) over its sanctions on the crypto mixer Tornado Cash.In a Nov. 20 amicus curiae