Wall Street sounds AI bubble alarm — Will crypto AI projects survive?
After Black Monday, the stock market fears recession and Wall Street predicts an AI bubble burst, with Nvidia and tech stocks under pressure. Will crypto AI projects survive?
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Harvard crypto skeptic calls Bitcoin a ‘hedge against dystopia’
Harvard professor Kenneth Rogoff says that he doesn't see Bitcoin succeeding, barring extenuating circumstances. 521 Total views 7 Total shares Often touted as a store of value or hedge asset, Bitcoin (BTC) has gained significant mainstream adoption over the past several months. Kenneth Rogoff, a public policy and economics professor at Harvard University, doubts the…
Nebraska senator introduces bills to allow state banks to custody crypto
“We need to be a leader in FinTech,” said State Senator Mike Flood. 1653 Total views 11 Total shares A Nebraska state senator has proposed new crypto-friendly legislation which could see his state become the next regulatory safe haven for FinTech firms.Sworn in just two weeks ago, Republican Mike Flood today introduced the Transactions in…
In crypto winter, DeFi needs an overhaul to mature and grow
For several months now, the decentralized finance (DeFi) sector has been on the receiving end of a major bear market, so much so that the total value locked within this space has slipped from its all-time high of $150 billion (achieved back in May 2022) to its current levels of just over $50 billion. Despite this,…
Another 50% daily gain for Dogecoin confirms ‘alt season’ as Bitcoin slumps
The cryptocurrency market awoke to the sight of Dogecoin (DOGE) price surging to as high as $0.69 in the past two days, leading many to wonder if the recent performance of the world's most popular meme token is now the leading indicator for the arrival of alt season. Long-time crypto fans mark the fourth of May…
State-Backed German Bank Says Bitcoin Will Leap to $90,000 in 2020
The German bank BayernLB has published a report on Bitcoin (BTC) vs gold in which it predicts a big leap for BTC in 2020.Bitcoin outshining gold?On Oct. 1 the Munich-based bank BayernLB published its latest research report that seems to suggest that the forthcoming Bitcoin halving effect hasn’t yet been priced into its current price…
Singapore’s financial authority grants license to SBI’s digital asset arm
The firm planned to launch a digital asset securities platform in Singapore, as well as provide custody, capital markets products and corporate finance advisory services. 251 Total views 42 Total shares The Monetary Authority of Singapore, or MAS, has granted SBI Digital Markets, a subsidiary of the digital asset arm of Japan-based financial giant SBI…
India Targets Cryptocurrency Crime аs Part оf Cyber Security Offensive
Cryptocurrency crime forms one focus of a dedicated cybercrime lab launched by Indian authorities this week, Indian daily news outlet The Hindu reported on Feb. 19.As part of efforts to step up the fight against internet-based adversaries, India’s Union Home Minister Rajnath Singh inaugurated the cyber forensic lab and Cyber Protection Awareness and Detection Centre…
Hong Kong crypto futures ETFs raise over $70M ahead of debut
The CSOP Bitcoin Futures ETF has raked in $53.8 million while the CSOP Ether Futures ETF has collected $19.7 million in initial investments. Own this piece of crypto history Collect this article as NFTCrypto futures exchange-traded funds (ETFs) managed by CSOP Asset Management have raised $73.6 million in investments ahead of their listing on the…