The crypto market is treading water ahead of a critical U.S. Federal Reserve interest rate decision on Wednesday, with Bitcoin (BTC) trading at $58,500, down 0.2%, and Ethereum (ETH) up slightly by 0.3% to $2,305. Experts are raising red flags about Bitcoin‘s resistance levels and the potential for volatility, particularly as the market is divided on whether the Fed will…
Crypto advocates urged Americans to help the industry flourish without “misapplied” securities regulations. Source: https://cointelegraph.com/news/nft-act-consumer-products-securities-us?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Capstone Technology, a UAE-based blockchain and AI company has raised $5.45 million to fund the development of its GAYA blockchain project. The project aims to create a network for entrepreneurs in gaming, AI, and entertainment. Capstone Technology plans to use the funds to manage technological assets, develop Web3 applications, expand regionally and improve its platform. […] Source: https://news.bitcoin.com/capstone-technology-gets-5-4m-for-gaya-blockchain-project/
A high-performance Canadian crypto stock is vying for a U.S. stock market listing, potentially opening the company to an army of hungry new investors. DeFi Technologies—parent company to various crypto-focused subsidiaries, notably exchange traded fund (ETF) operator Valour—currently trades on Cboe Canada under the DEFI ticker, and over OTC markets under DEFTF. On Monday, the company announced that it had…
The Fed is expected to deliver its first interest rate cut since the pandemic, which could introduce more volatility before the next Bitcoin leg up. Source: https://cointelegraph.com/news/bitcoin-volatility-us-interest-rate-decision-analysts?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Hong Kong’s government plans to regulate AI in finance by issuing policies at the upcoming FinTech Week. Source: https://cointelegraph.com/news/hong-kong-government-prepares-ai-guidelines-finance?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Tether’s USDT, the number one stablecoin by market cap, is growing as part of the TON ecosystem. According to the TON team, the stablecoin reached a milestone recently, registering authorized issuance numbers exceeding $1 billion. However, TON clarified that only $720.6 million was in circulation, while $309.3 million were authorized but unissued. Nonetheless, this marks […] Source: https://news.bitcoin.com/usdt-reaches-1-billion-authorized-issuance-on-ton/
Paul Brody, EY’s global blockchain leader, highlights how privacy is the missing piece for blockchain adoption in businesses and provides potential solutions to enterprise concerns. Source: https://cointelegraph.com/news/blockchain-needs-privacy-business-adoption?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
BTC price performance fails to convince commentators that Bitcoin is out of the woods. Source: https://cointelegraph.com/news/bitcoin-trader-still-too-early-call-btc-price-bottom?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
While DBS did not say the exact date, the banks said that the newly-announced crypto offerings will begin some time on the fourth quarter of 2024. Source: https://cointelegraph.com/news/dbs-bank-launches-crypto-options-structured-notes?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
