On Wednesday, May 1, 2024, the U.S. Federal Reserve chose to maintain the benchmark interest rates at their highest in 23 years. The Federal Open Market Committee (FOMC) members noted that although inflation has subsided, it still “remains elevated.” No Change in Federal Funds Rate; Fed Continues Watchful Eye on Inflation Risks On Wednesday, the […] Source: https://news.bitcoin.com/federal-reserve-holds-rates-steady-amid-inflation-concerns-outlook-remains-uncertain/
Artificial intelligence can rapidly scan the massive Bitcoin blockchain for signs of illegal activity, a capability that could dramatically strengthen the work of law enforcement in combatting money laundering, a new report explains. Blockchain analysis firm Elliptic on Wednesday published a study with the MIT-IBM Watson AI Lab that analyzed Bitcoin transactions using a deep learning AI model to detect…
This edition of Cointelegraph’s VC Roundup highlights Tevaera, AVALON, Uncharted, Contango, and Movement Labs. Source: https://cointelegraph.com/news/vc-roundup-gaming-investments-surge-94-in-q124-as-market-rebounds
We do the research, you get the alpha! Get exclusive reports and access to key insights on airdrops, NFTs, and more! Subscribe now to Alpha Reports and up your game! Go to Alpha Reports The Federal Reserve Wednesday elected to keep its key interest rate steady as the central bank’s focus on fighting inflation compounded pain in the crypto market.…
We do the research, you get the alpha! Get exclusive reports and access to key insights on airdrops, NFTs, and more! Subscribe now to Alpha Reports and up your game! Go to Alpha Reports Bitcoin has pulled back 22% from its all-time high in March. Now, on-chain intelligence company Glassnode suggests the market could be “hammering out a local bottom…
Spot-Bitcoin exchange-traded funds (ETFs) are exhibiting signs of stress as the cryptocurrency market endures a downturn, with prices of major ETFs tracking Bitcoin witnessing significant discounts to their underlying asset values. Following a roughly 5% decline in Bitcoin’s price, several leading ETFs recorded their largest discounts on the value of underlying assets in their short trading history on Tuesday. The…
Crypto firms Aptos Labs, Paxos and Circle also took part in the funding that bodes well for the future of real-world asset tokenization. Source: https://cointelegraph.com/news/securitize-blackrock-47m-funding-round
Amid an apparently growing crackdown on the crypto industry from American regulators, U.S. prosecutors are reportedly investigating Block, the Jack Dorsey-founded company behind Square and Cash App. Federal prosecutors have been probing the internal processes of the company—including its crypto business—according to a report from NBC News published Wednesday, citing two sources familiar with the investigation. Prosecutors are reportedly investigating…
One former CEO went to trial and maintained his innocence, one admitted fault and turned himself in. Source: https://cointelegraph.com/news/changpeng-zhao-sam-bankman-fried-sentences-prison
We do the research, you get the alpha! Get exclusive reports and access to key insights on airdrops, NFTs, and more! Subscribe now to Alpha Reports and up your game! Go to Alpha Reports If you think the recent dips in the price of Bitcoin is bad, leading financial firm Standard Chartered could further darken your mood, concluding that the…
