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Former Consensys Employee Launches Stablecoin ‘USD3’


Former Consensys employee Jack Jia, and the founder of Stable.com has launched USD3, a “payments-first” new stablecoin despite the present lack of a regulatory framework and uncertainty around the market. The post Former Consensys Employee Launches Stablecoin ‘USD3’ appeared first...

Breaking: SEC Grants Approval for Eight Ethereum ETFs in Landmark Decision


The SEC has given the go-ahead to eight spot Ethereum ETFs, marking a major development for the cryptocurrency market. The decision, which includes approvals for industry giants like BlackRock and Fidelity, comes after a period of uncertainty regarding the SEC's stance on Ethereum-based ETFs. The...

Chinese AI Startups Take on Industry Giant OpenAI


A new wave of AI startups in China is rising to challenge OpenAI's dominance in the generative AI market. With ChatGPT unavailable in China, companies like Zhipu AI, Moonshot AI, and MiniMax are developing AI systems for content creation, attracting major...

Arthur Hayes Predicts Bitcoin Price to Rally Back to $70,000 – Here’s Why


Despite recent dips, Arthur Hayes, ex-BitMEX CEO, predicts a Bitcoin price rebound to $70,000 by August 2024. He believes the Federal Reserve's easing of quantitative tightening will inject liquidity into the market, boosting Bitcoin price gradually. Discover his analysis and the potential impact...

Fidelity Bitcoin ETF Records First Daily Net Outflows Since January Listing


The Fidelity Wise Origin Bitcoin (FBTC), a key player in the spot Bitcoin exchange-traded fund market, experienced a noteworthy outflow of nearly $23 million, marking a significant event in the cryptocurrency market. The post Fidelity Bitcoin ETF Records First Daily Net Outflows Since January...

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