Hong Kong prepares AI guidelines for finance sector
Hong Kong’s government plans to regulate AI in finance by issuing policies at the upcoming FinTech Week.
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US companies forecast to buy $10.3B in Bitcoin over next 18 months — Report
The report claimed, a cash treasury “supplemented with a 3% allocation to Bitcoin” would have shielded companies from inflation since 2020.
Chainlink Reaches New LINK Price All-Time High Eyeing $10 Next
Without a doubt, one of the best-performing cryptocurrencies in the past few years is Chainlink (LINK). In recent days, the cryptocurrency surged from $6.80 to $9.30 capping a 40% percent move and becoming the number nine cryptocurrency by market capitalization. Can Chainlink continue moving upward and even reach the magical number of $10 or higher?Crypto market…
Terra LFG outdoes MicroStrategy with 5K BTC buy after Bitcoin price dips under $45K
Terra, the Blockchain outfit using Bitcoin (BTC) to back its new US dollar stablecoin, has bought over 5,000 BTC.Wallet data confirms that on April 6, Terra added another 5,040 BTC to its balance, which now totals 35,768 BTC.Terra buys the dip... againThe move comes after a multi-day lull in buying activity by the Blockchain protocol.This…
Bitcoin sells off after $44K resistance tap, eliciting scrutiny from options traders
Analysts say Bitcoin’s strong rejection at $44,000 is further proof that derivatives markets play a significant role in the asset’s price dynamics. 661 Total views 5 Total shares Bitcoin (BTC) fell more than 2% from local highs during Jan. 12 in the latest move to keep market participants guessing about what's to come for the…
Mauritius Financial Commission Releases Draft Regulation for Crypto Custodian Services
The Financial Services Commission (FSC) of the Republic of Mauritius has released a draft regulatory framework for crypto custodian services, according to an official document posted on Nov. 5.According to the announcement, the island country aims to establish regulation for custodian services for digital assets in order to enable users of crypto custodian services to…
SBI Group Invests $15 Million in ‘Smart Card’ Wallet Manufacturer
‘Smart card’ crypto wallet manufacturer Tangem has received a $15 million investment from major Japanese financial services firm SBI Group, Cointelegraph auf Deutsch reports on April 24. The new investment will purportedly allow Tangem to relocate its headquarters to the ‘Crypto Valley’ of Zug, Switzerland.From Zug, Tangem want to develop new use cases for its…
‘Absolutely right’ to think of Bitcoin as the new gold — Mexico’s 3rd richest man
Ricardo Salinas Pliego doubles down on BTC yet again as gold and the U.S. dollar come in for serious criticism. 1657 Total views 31 Total shares Bitcoin (BTC) is definitively the "new gold" for the third richest man in Mexico, Ricardo Salinas Pliego.In a tweet on June 27, Ricardo Salinas Pliego confirmed claims that he recommends Bitcoin…
Bitcoin price briefly loses $20K on ‘bunch of nothing’ Powell speech
Bitcoin (BTC) analysts were keen to draw fresh price targets on Aug. 27 after the largest cryptocurrency briefly fell below $20,000.BTC/USD 1-hour candle chart (Bitstamp). Source: TradingViewSub-$20,000 BTC price targets stay in placeData from Cointelegraph Markets Pro and TradingView showed BTC/USD hitting $19,945 on Bitstamp the night after hawkish comments from the United States Federal Reserve. Intraday…