Asset Manager Digitalx Set to Launch Second Bitcoin ETF on Australia’s Main Stock Market
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Asset Manager Digitalx Set to Launch Second Bitcoin ETF on Australia’s Main Stock Market

On July 12, the asset management firm, Digitalx, is set to launch a bitcoin exchange-traded fund (ETF) on an ASX operated stock market. Asset managers K2 Asset Management and 3iQ played a role in establishing what will be the second ETF approved by ASX. Digitalx Set to Debut Australia’s Second Bitcoin ETF Digitalx, a digital […] Source: https://news.bitcoin.com/asset-manager-digitalx-set-to-launch-second-bitcoin-etf-on-australias-main-stock-market/

Judge Denies Bail for Bitcoin Rodney, Citing Flight Risk and Fraud Severity
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Judge Denies Bail for Bitcoin Rodney, Citing Flight Risk and Fraud Severity

Rodney Burton, known as “Bitcoin Rodney,” will remain in detention awaiting trial on charges of masterminding a multi-billion-dollar cryptocurrency fraud. Arrested in January at Miami International Airport, Burton faces accusations of conspiracy to operate an unlicensed money-transmitting business and the actual operation of such a business. U.S. District Judge Richard Bennett denied Burton’s bail request […] Source: https://news.bitcoin.com/judge-denies-bail-for-bitcoin-rodney-citing-flight-risk-and-fraud-severity/

U.S. Senators Demand Explanation for SEC's Fake Bitcoin ETF Approval Tweet
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Tech Coalition Urges Biden to Back Crypto Regulation Ahead of US Presidential Election

The Chamber of Progress, a tech industry coalition, has called on President Joe Biden to support comprehensive crypto regulation, framing it as a crucial step in his administration’s bid to engage young voters ahead of the upcoming U.S. presidential election. In a letter on Tuesday, the chamber emphasized the growing importance of digital assets to a significant portion of the…

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China Halts Gold Buying for Second Consecutive Month
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China Halts Gold Buying for Second Consecutive Month

China’s central bank, the People’s Bank of China (PBOC), has paused its gold accumulation for the second consecutive month, keeping its reserves steady at 72.8 million troy ounces. This pause ends an 18-month streak of continuous gold purchases that began in November 2022 and contributed to record-high gold prices. PBOC Pauses Gold Accumulation After 18-Month […] Source: https://news.bitcoin.com/china-halts-gold-buying-for-second-consecutive-month/

Singapore Court Orders Multichain to Pay Fantom Foundation $2.19 Million
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Singapore Court Orders Multichain to Pay Fantom Foundation $2.19 Million

The High Court of Singapore has awarded Fantom Foundation Ltd. damages totaling $2.19 million in a case against Multichain Foundation Ltd. and Multichain Pte Ltd. This ruling followed a default judgment due to Multichain’s failure to deliver 4.175 million FTM tokens or their equivalent value. Singapore Court Rules in Multichain Case Fantom Foundation Ltd. (the […] Source: https://news.bitcoin.com/singapore-court-orders-multichain-to-pay-fantom-foundation-2-19-million/

Robot Guide Dogs
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New Robot Guide Dogs for the Blind Use AI to Obey Commands

A team of engineers at a university in China has developed an AI-enabled robotic dog for the blind that has high-end optics to detect changes in the environment and a speed-control cane mounted on its back—but that’s not all. The unit also has audio sensors that allow it to understand voice commands. “The robot comprehends semantic information based on deep…

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Peter Schiff Foresees ‘Explosive’ Growth in Silver Price
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Peter Schiff Foresees ‘Explosive’ Growth in Silver Price

Economist and gold advocate Peter Schiff has urged investors to buy silver, highlighting its strong performance and potential for significant gains. “Silver is really strong,” he stressed, emphasizing: “An explosive move higher seems likely soon.” Schiff and several other experts see silver as a promising investment amid economic uncertainties. Peter Schiff Recommends Investing in Silver […] Source: https://news.bitcoin.com/peter-schiff-foresees-explosive-growth-in-silver-price/