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Bitcoin Price Faces 210,000 BTC US Government Sales Tsunami, Buy Bitcoin BSC ($BTCBSC) After it Raises $5m As The Best Alternative?
25.9.2023
The Bitcoin price funk could be about to get a lot worse if the US government starts selling BTC to run down its balance of 210,000 coins – but Bitcoin alternatives like Bitcoin BSC could be the beneficiaries.
The US government is the largest sovereign holder of Bitcoin globally. According to data...
China to build giant AI chip factory to bypass US sanctions: Report
25.9.2023
Chinese scientists are reportedly looking into constructing massive facilities to locally manufacture technology necessary to create AI semiconductor chips
US gov't shutdown looms — 5 things to know in Bitcoin this week
25.9.2023
Bitcoin starts the week with a trip to $26,000 — can BTC price strength overcome sellers and a weekly "death cross?"
Regulator Sues Crypto Exchange Kraken Provider in Australia
22.9.2023
Australia’s securities regulator has initiated civil proceedings against Bit Trade Pty Ltd, an entity providing Kraken services to Australian users. According to the government agency, the company failed to comply with regulatory obligations meant to ensure proper consumer protection. Australian...
Vivek Ramaswamy Plans to Have Crypto Policy Ready by Thanksgiving
22.9.2023
Presidential hopeful Vivek Ramaswamy is working on a crypto policy framework that he aims to finalize by Thanksgiving. The Republican criticized the regulation-by-enforcement approach of U.S. government agencies like the securities regulator under the administration of President Joe Biden and vowed...
UK FCA gives unregistered crypto firms ‘final warning’ on ads regime compliance
21.9.2023
The financial regulator expressed its frustration at the lack of engagement from crypto firms in a strongly worded letter
Redefining Money: America’s digital currency dilemma
21.9.2023
As the United States House Financial Services Committee looks to further impede the introduction of a digital dollar, where does this resistance to a CBDC stem from?
Signal hints at leaving UK market following passage of online safety bill
20.9.2023
Critics of the U.K. Online Safety Bill had pushed for amendments prior to passage, claiming the legislation could allow authorities a backdoor for end-to-end encryption services
Kenyan Minister: US Government Recently Foiled Attempt to Detain Worldcoin Representatives
20.9.2023
Kenyan law enforcement recently detained two Worldcoin executives as they attempted to depart the country. According to the Kenyan Interior Minister, the duo were eventually let go after the U.S. government’s intervention. U.S. Government Reportedly Intervenes in Worldcoin-Related Detainment...
SEC Denied Immediate Access to Binance US Infrastructure
19.9.2023
In a setback for the government, a federal judge rejected a request by the U.S. securities regulator to inspect the technological infrastructure of Binance US. The U.S. Securities and Exchange Commission (SEC) accuses the American subsidiary of the leading crypto exchange of non-cooperation with...
Interest rate hikes may pause very soon — Here’s why
19.9.2023
This week, The Market Report discusses Bitcoin’s recent price action and the upcoming FOMC meeting, where some speculate interest rates might be paused
Indian state governments spur blockchain adoption in public administration
19.9.2023
Numerous initiatives by local and state governments in India — from data management systems to verifiable certificate issuances — currently use blockchain technology
Government objects to ‘unnecessary,’ ‘prejudicial’ SBF jury selection questions
15.9.2023
The U.S. attorney sees no reason for potential jurors to discuss effective altruism or ADHD, among other things, before trying SBF
What a US government shutdown would do to Bitcoin
15.9.2023
Marcel Pechman explains the myth of excess cash in U.S. households and the lack of sufficient savings, and how a U.S. government shutdown could impact Bitcoin
Five AI trends to look forward to in 2023 and beyond
15.9.2023
From the growth of AI assistants to the rise of generative AI, here are some key trends that are expected to grow over the coming years
Russia Considers Legalizing Defi DAOs to Draw Liquidity to Its Digital Assets Market
15.9.2023
The Finance Ministry in Moscow is pushing to legalize decentralized financial organizations to attract capital to Russia’s regulated market for digital assets. The department hopes this would allow some of the liquidity in the decentralized finance (defi) and crypto space to be invested in Russian...
EU announces initiative to fast-track supercomputer access for AI startups
14.9.2023
E.U. president Ursula von der Leyen also called for the organization of a global AI governance body during the 2023 E.U. State of the Union address
Wyoming stablecoin: Are state digital currencies even possible?
14.9.2023
The Stable Token Commission continues researching the potential implementation of stable tokens in Wyoming
FTX Tweaks Crypto Sale Proposal to Placate U.S. Government
13.9.2023
The bankrupt crypto exchange wants to sell off its billions of dollars in crypto before returning funds to creditors – but doesn’t want markets forewarned
Gary Gensler confirms SEC’s use of AI for financial surveillance
12.9.2023
The chair’s comments came in response to a query from Sen. Catherine Cortez Masto during a Senate oversight hearing