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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Price analysis 3/31: BTC, ETH, BNB, ADA, DOT, XRP, UNI, THETA, LTC, LINK
Following in the footsteps of Morgan Stanley, Goldman Sachs has announced plans to allow its wealth management clients to trade in cryptocurrencies and other digital assets. In an interview with CNBC, Mary Rich, the global head of digital assets for Goldman Sachs private wealth management division, said that the rollout may happen sometime in the…
Court rules Kik’s 2017 ICO violated U.S. securities laws
A judge has ruled that the $100 million ICO conducted by the Canadian messaging platform Kik in 2017 violated federal securities laws. U.S. District Judge Alvin Kellerstein has sided with the U.S. Securities and Exchange Commission (SEC), ruling that the Canadian technology firm Kik’s $100 million initial coin offering (ICO) violated federal securities laws.On September…
“Every Asset Class Will Be Digitized and Tokenized,” Says Cred Co-Founder
In a varied career, Dan Schatt has been a Peace Corps volunteer in Romania, a Citibank banker in Senegal, a Celent analyst and a PayPal executive. He co-founded Cred, a decentralized lending and borrowing platform, with other PayPal technology veterans in 2018.Cred attracted some attention last year when it enabled a California politician to purchase…
‘Bitcoin liquidity crisis’ — BTC is becoming harder to buy on exchanges, data shows
Bitcoin liquidity is declining, data from Glassnode shows, which could propel BTC price even higher. 2314 Total views 15 Total shares Bitcoin is becoming more difficult to buy, according to analysts at Glassnode. The amount of BTC received and spend among entities is decreasing, which means the liquidity is declining.If Bitcoin (BTC) liquidity is low,…
How to Predict Crypto Price Trends, Explained
1. Analyzing the market is so confusing! How do traders know what to do? It’s all about knowing the right type of analysis to use — and when. If you’ve ever read our price analysis articles, you would have noticed that they feature graphs that show how major cryptocurrencies have performed against fiat currencies, such…
Singapore Court Locks Crypto Exchange KuCoin’s Web Domain
KuCoin.com, the primary web domain of cryptocurrency exchange KuCoin, has been locked since the end of March by order of the High Court of Singapore.The court issued a temporary injunction on March 24 barring KuCoin from moving its assets, including its website, from the country. A March 30 email from domain registrar GoDaddy provided to…
HSBC stock hits 25-year low: 5 things to watch in Bitcoin this week
Bitcoin (BTC) starts a new week still looking for $11,000 support as macro markets wobble over coronavirus and banks’ criminal activities.Cointelegraph highlights five factors that could shape BTC price action in the coming days.Banks face money laundering delugeWhile central banks grappled with dramatic shifts in United States economy policy, fresh leaked files showed yet more…
‘Digital Gold’ Label Shifts as XRP Correlation to Gold Outpaces Bitcoin
Up until the most recent correction, Bitcoin (BTC) price was repeatedly pushing above $10,300 and attempting to reach a 2020 high above $9,500. 2020 started with a strong upward trend and altcoins followed Bitcoin’s price action, as thoroughly reported in Cointelegraph.This aggregate trend leaves the door open for a full bullish period ahead since the…