Standard Chartered’s head of digital asset research, Geoff Kendrick, has predicted a significant rise in bitcoin’s price, potentially surpassing its previous all-time high of $73,798 by this weekend. His optimistic outlook is fueled by the anticipated approval of spot ether exchange-traded funds (ETFs) by the U.S. Securities and Exchange Commission (SEC), which he believes will […] Source: https://news.bitcoin.com/standard-chartered-predicts-bitcoin-could-hit-all-time-high-this-weekend/
Month: May 2024
Political Ads Using AI Must Be Labeled, FCC Chair Says
If artificial intelligence is tapped to create a political advertisement, its use must be disclosed, according to a new proposal issued by the U.S. Federal Communications Commission. The FCC notice, published on Wednesday, comes nearly three months after an AI-generated robocall targeted voters in New Hampshire. Under the FCC proposal, political ads would require an on-air disclosure and a written…
Coinbase, Ripple, Meta Join Forces to Fight Crypto Scams, Including Pig Butchering
Leading crypto and tech companies, including Coinbase, Ripple, Meta, Kraken, and Gemini, have formed a coalition to combat online fraud, including crypto scams like the pig butchering scheme. “We are dedicated to disrupting emerging online scams through collaboration, information sharing, and enhanced consumer education,” said Coinbase’s chief security officer. ‘Tech Against Scams’ Coalition Established Several […] Source: https://news.bitcoin.com/coinbase-ripple-meta-join-forces-to-fight-crypto-scams-including-pig-butchering/
House Passes Landmark Crypto Bill Marking ‘Historic Day’ for Americans
The U.S. House of Representatives has approved the Financial Innovation and Technology for the 21st Century (FIT21) Act for the regulation of crypto assets despite opposition from President Joe Biden and SEC Chair Gary Gensler. This landmark legislation secured a bipartisan approval with a vote of 279 to 136. “FIT21 is the first legislation of […] Source: https://news.bitcoin.com/house-passes-landmark-crypto-bill-marking-historic-day-for-americans/
3 reasons why Etheruem price looks ready to rally higher
Key Ethereum price metrics suggest that ETH’s pause at $3,800 is temporary. Source: https://cointelegraph.com/news/3-reasons-why-etheruem-price-looks-ready-to-rally-higher
AMD Chips Can Now Do The AI Work That Nvidia Tech Does
Lately, it seems like it’s Nvidia world, and everyone—and certainly anyone in tech and the explosive AI industry—is living in it. Between its well-timed market entry, leading-edge hardware research, and a robust software ecosystem tailored for its GPUs, the company dominates AI development and the stock market—its latest earnings report late today revealing that quarterly sales tripled, boosting its share…
US House approves FIT21 crypto bill with bipartisan support
Democratic and Republican lawmakers in the U.S. House of Representatives voted to pass the Financial Innovation and Technology for the 21st Century Act. Source: https://cointelegraph.com/news/fit21-crypto-bill-house-vote-bipartisan
Crypto Lobby Wins: House Passes FIT21 as Democrats Deride Historic Regulatory Framework
Lawmakers voted Wednesday in favor of a crypto market structure bill that could have a sweeping impact on the U.S. regulatory backdrop for digital assets if it eventually becomes law. Dubbed the Financial Innovation and Technology for the 21st Century Act, or FIT21, the measure was approved by the House of Representatives with a 279-136 vote. With 208 Republican members…
BlackRock, Grayscale and Bitwise amend ETF filings before SEC decision
With the SEC expected to decide by May 23 whether to approve or disapprove a spot Ether exchange-traded fund, three asset managers amended their 19b-4 filings. Source: https://cointelegraph.com/news/blackrock-grayscale-bitwise-spot-ether-etf-sec
Ethereum ETF approvals becoming 'giant political issue' — Joseph Lubin
Ethereum co-founder Joseph Lubin expects several 19b-4 Ether ETF applications to get the green light but anticipates a long wait before they go public. Source: https://cointelegraph.com/news/ethereum-etf-approvals-giant-political-issue-joseph-lubin