Is Bitcoin price going to crash again?

The Switzerland firm is an independent sister company of Arab Bank plc. 205 Total views 15 Total shares Arab Bank Switzerland announced Tuesday that it will integrate staking, trading, and custody services onto the Tezos blockchain’s native token (XTZ) in a bid to provide a digital asset environment for institutions, corporations, and high net-worth individuals. The…

The partnership will prioritize workers’ rights and incorporate input from labor leaders in technology development. Tech giant Microsoft and the American Federation of Labor and Congress of Industrial Organizations (AFL-CIO) have announced a new partnership to discuss how artificial intelligence (AI) can anticipate the needs of workers and include their voices in its development and

“Stablecoins that are not backed by safe and sufficiently liquid assets and are not subject to appropriate regulatory standards create risks to investors," said the Fed report. 141 Total views 12 Total shares The Federal Reserve’s board of governors pointed to stablecoins as a potential risk to financial stability amid a volatile crypto market.In its…

Investors were surprised by Bitcoin (BTC) price falling to $25,500 on May 12, and this shock extended to options traders. The strong correction was not restricted to cryptocurrencies and some large-cap stocks faced 25% or heavier weekly losses in the same period.Growing economic uncertainty impacted S&P 500 index members like Illumina (ILMN), which declined by…

A representative for the US Bureau of Prisons reportedly said that Sam Bankman-Fried’s interview with Tucker Carlson was not approved by the agency. 7066 Total views 6 Total shares Former FTX CEO Sam “SBF” Bankman-Fried has reportedly been sent to solitary confinement after taking part in an interview with right-wing political commentator Tucker Carlson, which

Beijing residents should apply to participate in the lottery until midnight on June 7. The Chinese government is launching another digital yuan lottery to stimulate its ongoing digital currency trials, this time in the capital of Beijing.The Beijing Local Financial Supervision and Administration officially announced Tuesday that the government will distribute 40 million digital yuan…

American crypto investment manager Bitwise released a paper claiming that fake trading volumes by crypto exchanges do not impact bitcoin’s (BTC) price. Released on May 24, the white paper is an extended version of Bitwise’s March presentation alleging that 95% of volume on unregulated exchanges is fake.Published on the official website of the United States…

The new cross-border remittance corridor will be hosted on the Stellar blockchain and serve around 600 million customers. 1031 Total views 5 Total shares Cross-border remittance currently stands as one of crypto’s best use cases that will thrust it into mainstream finance. Running parallel to this trend, a new partnership between Velo Labs and two…

Eugene Kaspersky, the CEO of the cybersecurity giant Kaspersky, stated in a recent interview that “cryptocurrencies are a great idea, but the world is not ready for them yet.” Kaspersky made the statement to financial news website Arabian Business on March 1.Kaspersky elaborated, stating that he believes that in the future — “perhaps in a…