OpenAI turns to Broadcom as Musk, Zuckerberg snatch up Nvidia AI chips
The run on training hardware has put chipmakers at the forefront of the general artificial intelligence boom.
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FinCEN acting director says PATRIOT Act provision isn’t ‘right sized’ for crypto enforcement
Him Das said FinCEN’s current authority under the PATRIOT Act would likely not stop actors from engaging in illicit transactions for ransomware attacks and darknet markets. 211 Total views 29 Total shares Him Das, the acting director of the United States Financial Crimes Enforcement Network, or FinCEN, said some of the government bureau’s tools to…
Binance.US Cryptocurrency Exchange to List NEO and ATOM
The United States-focused wing of leading cryptocurrency exchange Binance will add support for Neo (NEO) and Cosmos (ATOM).Binance.US announced on Oct. 30 that it will add full trading support for the two tokens on Oct. 31, both of which are among the top-20 tokens by market capitalization according to Coin360.Per the announcement, users can already…
Bitcoin Price Diary: Long From $7.3K, Expecting Lower BTC Price
In my fifth journal entry, I provide updates on my previous Bitcoin (BTC) position, highlight a new BTC position, and discuss a recent altcoin trade on Ankr Network (ANKR). BTC/USDSetting up the tradeEntries: $7,940, $7,900Targets: $8,395, $8,949, $9,723Stop loss: I set the stop loss at $7,834 which is below the ascending channel support with a bit…
Price analysis 8/5: BTC, ETH, BNB, XRP, ADA, SOL, DOGE, DOT, MATIC, AVAX
The United States Labor market added 528,000 jobs in July, much better than the 258,000 estimate. Wages saw growth of 5.2% year-over-year and 0.5% over the month. This suggests that inflation remains high and the U.S. Federal Reserve may continue with its rate hikes in the near future. After staying in close correlation with the U.S.…
Bitcoin pinned below $38K as investors stash record $756 billion with Fed
Bitcoin (BTC) suffered as investors moved a record amount of cash in Federal Reserve's overnight facility after the central bank started paying interest on the money.The U.S. central bank received $756 billion via its reverse repurchase program from nearly 70 market participants on Thursday. The stash is about $172B higher than the one deposited last week…
Labour victory in UK elections renews crypto industry optimism
The Labour Party has promised to make the UK “a global leader in tokenization.”
‘Regulators let the bad guys get big’ — Kraken CEO speaks out after SEC settlement
According to Jesse Powell, U.S. regulators allowing bad actors in the crypto space to “suck up users, revenue and venture capital” could effectively destroy “the good guys.” 404 Total views 14 Total shares Own this piece of history Collect this article as an NFTJesse Powell, CEO of crypto exchange Kraken, has called out United States…
CoinShares posts highest quarterly earnings since Q1 2022
Crypto investment firm CoinShares posted its most profitable quarter in a year, according to its latest quarterly earnings report. 56 Total views 1 Total shares Cryptocurrency investment group CoinShares recently published its Q1 earnings report for 2023 amid what it’s calling a “return to profitability.” Highlights of the report include revenue in the amount of $11.73…