Crypto investors might be shifting their mindset and may not always turn to Bitcoin as a haven during market uncertainty, Bitfinex analysts suggest. Source: https://cointelegraph.com/news/crypto-altcoins-performance-show-possible-regime-change-bitfinex?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Month: September 2024
Standard Chartered Launches Bitcoin and Ethereum Custody in UAE
Standard Chartered has launched a digital asset custody service in the United Arab Emirates (UAE), licensed by the Dubai Financial Services Authority. The service aims to provide secure storage for digital assets, initially focusing on bitcoin and ethereum. Brevan Howard Digital is the first client, and the bank plans further expansion into additional digital assets. […] Source: https://news.bitcoin.com/standard-chartered-launches-bitcoin-and-ethereum-custody-in-uae/
North Carolina Rejects Federal Digital Currency, Overrides Governor’s Veto
The North Carolina General Assembly has overridden Governor Roy Cooper’s veto to enact a bill prohibiting a central bank digital currency (CBDC) in the state. The Senate voted 27-17, securing the required supermajority. The bill bars payments using CBDC and state participation in Federal Reserve testing. This bill reflects strong opposition to CBDCs and emphasizes […] Source: https://news.bitcoin.com/north-carolina-rejects-federal-digital-currency-overrides-governors-veto/
Japan’s Metaplanet up 6% as Bitcoin stack nears 400 BTC
Metaplanet’s stock has jumped 480% since it unveiled its Bitcoin strategy in April, but the firm is down 13% on its investment. Source: https://cointelegraph.com/news/metaplanet-shares-rise-bitcoin-purchase-nears-400-btc?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
FCA Files First Charges Against Unregistered Crypto ATM Operator in UK
The UK’s Financial Conduct Authority (FCA) has charged Olumide Osunkoya for operating unregistered crypto ATMs in the country. This case is significant as it represents the first prosecution under UK law for such activities. Osunkoya is accused of running a network of crypto ATMs that processed £2.6 million in transactions without registration, violating anti-money laundering […] Source: https://news.bitcoin.com/fca-files-first-charges-against-unregistered-crypto-atm-operator-in-uk/
AI, Robotics Advances Will Bring ‘Crisis of Meaning’, Elon Musk Says
Tesla CEO Elon Musk said he sees a future where humans will have to figure out new ways to give their lives purpose, thanks to advancements in artificial intelligence and robotics. During a panel discussion at the 2024 All-In Summit hosted by the All-In Podcast on Monday, Musk echoed comments he made during a fireside chat at the AI Safety…
Lawmaker Criticizes Biden-Harris Administration’s Approach to Defi Regulation
House Financial Services Subcommittee Chairman French Hill emphasized the need to understand decentralized finance technologies during a hearing. He criticized the Biden administration’s regulatory approach and urged Congress to keep discussions open on supporting defi innovation. Hill noted that current regulatory frameworks were created for a system reliant on centralized intermediaries, not the decentralized, peer-to-peer […] Source: https://news.bitcoin.com/lawmaker-criticizes-biden-harris-administrations-approach-to-defi-regulation/
Prediction markets are the killer blockchain app we've been waiting for
As markets continue to evolve and integrate with Web3 — from DeFi to gaming — we’re likely to see an explosion of creativity. Source: https://cointelegraph.com/news/prediction-markets-are-the-killer-blockchain-app-we-ve-been-waiting-for?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
FOMO HOUR 195 – CAN WE GET A BOUNCE?
FOMO HOUR 195 – CAN WE GET A BOUNCE? BTC: 55.3k (+2%), ETH: 2320 (+1%), SOL: 130 (0%). Top Gainers: FTM, TAO, BTT, AAVE, TON, ATOM. Crypto mini-bounce continues, BTC reclaims $55k. BTC RSI hits lowest level since July 2021. Bitfinex longs continue to grow aggressively. BTC hashrate hits another ATH. BTC could hit $90k on Trump election: Bernstein. BlackRock…
FOMO HOUR 196 – THE INFLOWS RETURN!
FOMO HOUR 196 – THE INFLOWS RETURN! BTC ETFs: +$29m, ETH ETFs: -$5m. BTC rallies, ETF has first inflow in 9 trading days. BTC may have put in first higher low in 6 months. Saylor predicts $13m price for BTC. Wealth advisors quickly adopting BTC: BitWise CEO. Binance among few firms to get Indonesia license. Spot trading on CEXs up…