Hong Kong issues dual-track policy for AI adoption in finance

Bitcoin (BTC) may follow stocks on a “massive bull run” as the weekly chart delivers a unique sign of strength.The latest analysis from several well-known crypto names suggests it is time to give up the bear market narrative.Despite everyone talking about a new macro BTC price low, possibly at $12,000, new perspectives demand a rethink.Be…

Tether reports that its total commercial paper exposure has been cut to $3.7 billion from $30 billion just one year ago. 126 Total views 16 Total shares Major stablecoin issuer Tether has reiterated that the company plans to completely rid itself of commercial paper backing for its U.S.-dollar stablecoin USDT.In a blog post on Wednesday,…

Bitcoin will make a decision sooner rather than later, according to cues from the Binance order book. 1341 Total views 2 Total shares Own this piece of history Collect this article as an NFTBitcoin (BTC) stayed tightly rangebound at the April 3 Wall Street open as analysts counted down to volatility.BTC/USD 1-hour candle chart (Bitstamp).…

Tuesday, June 4 —  virtually all of the top cryptocurrencies are today seeing deep red in a market-wide correction, with bitcoin (BTC) dropping back below the $8,000 price point, as Coin360 data shows.Market visualization courtesy of Coin360Having bullishly broken through the psychological price point of $9,000 at the end of May, bitcoin has gradually corrected…

Crypto lobby spending in the US has surged 1,386% since 2017, including a huge jump in the last two years.

A vulnerability discovered on Bancor on June 18 would have allowed hackers to simply drain the funds of anyone who interacted with its smart contracts. The exploit relied on the concept of withdrawal authorization, introduced in the ERC-20 standard. This allows various Ethereum (ETH) DApps to automatically withdraw money from users’ wallets.As Oded Leiba, a…

Bitcoin (BTC) may be heading under $40,000 but fresh data shows that demand from major investors is anything but decreasing.For Ki Young Ju, CEO of on-chain analytics platform CryptoQuant, institutional BTC buying “could be the big narrative” in the crypto space once more.Coinbase Pro shifts serious amounts of BTCKi highlighted figures from Coinbase Pro, the…