Bitcoin has been experiencing a tumultuous period recently, with its price fluctuating after a sharp drop below $60,000 and then struggling to surpass key resistance levels, most notably $63,500. This has created a bearish sentiment among investors, as many anticipate further price declines. Crypto analyst Alan Santana has recently entered the fray with a grim
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The co-founder of Cardano, Charles Hoskinson, recently expressed his belief that artificial intelligence (AI) models are losing their utility over time. According to him, the reason for this decline is the alignment training that comes with AI censorship. This practice involves using machine learning algorithms to automatically filter content that is deemed objectionable, harmful, or
The Bahamas is set to expand access to its Central Bank Digital Currency (CBDC) known as the “Sand Dollar” by involving commercial banks, as stated by the country’s central bank governor. John Rolle, the Governor of the Central Bank of The Bahamas, outlined the plan to establish regulations within the next two years. The country
Silvergate Capital found itself in hot water when it settled with the SEC for $50 million, following demands from Federal Reserve governors and California financial regulators for an additional $63 million in fines. The allegations revolved around misleading investors about the strength of its BSA/AML compliance program and the monitoring of crypto customers, including popular
Circle made a significant announcement on July 1 by revealing that it had secured an e-money license from France, solidifying its position as the premier global stablecoin issuer to adhere to the EU’s Markets in Crypto-Assets (MiCA) regulations. This license, granted by the Autorité de Contrôle Prudentiel et de Résolution (ACPR), the financial regulator in
The recent confirmation by VanEck Head of Digital Assets Research, Matthew Sigel, has shed light on the company’s Solana spot ETF proposal and its reliance on the outcome of the US presidential elections. With the deadline for VanEck’s application set for March 2025, the speculation is that the approval odds for the ETF are heavily
A crypto analyst recently discovered a new technical pattern in the Cardano price movements, suggesting the possibility of a significant rebound. This discovery has sparked optimism among investors, with some analysts speculating that Cardano may have reached its lowest point and could be poised for a comeback to $0.8. Falling Wedge Pattern Signaling a Potential
Keith Gill, also known as “Roaring Kitty,” is currently embroiled in a securities fraud lawsuit stemming from his involvement in the 2021 GameStop trading frenzy. The class-action lawsuit, filed on June 28 in the Eastern District of New York, alleges that Gill orchestrated a “pump and dump” scheme by leveraging his social media presence to
Bitcoin, once known for its around-the-clock trading accessibility, is experiencing a significant shift in trading patterns. According to a recent report by Kaiko, BTC weekend trading volumes have plummeted to historic lows, dropping from 28% in 2019 to a mere 16% in 2024. This decline is closely tied to the increasing influence of institutional investors
Futureverse, a prominent player in AI and metaverse technologies, has recently joined forces with Animoca Brands, a trailblazer in digital property rights and blockchain-based entertainment. This groundbreaking collaboration is poised to revolutionize the metaverse landscape by leveraging Animoca Brands’ vast ecosystem of blockchain products with Futureverse’s advanced technology stack. As part of this strategic partnership,