AI Payments: Is Bitcoin the Future or Fiat Still King?
A bold claim on X – “Crypto is the currency of AI” – has ignited a fiery debate within the crypto community. The statement has drawn strong reactions, pitting supporters…
US congressman Mike Collins loves day trading altcoins, report
US congressman Mike Collins has reportedly been making ‘pretty wild day trades,’ according to crypto analytical firm Quiver Quantitative. In an X (formerly Twitter) post on Monday, Quiver claimed that…
Nvidia CEO dumps over $120 million shares ahead of earnings
Although Nvidia’s (NASDAQ: NVDA) stock is one of the best performers in the stock market in 2024, heavy insider selling activity, especially before its August 28 Q2 earnings report, is…
Xapo Bank teams up with trading firm Hilbert Group to launch $200m Bitcoin fund
Hilbert Group partners with Xapo Bank to launch a Bitcoin-denominated hedge fund with over $200 million in expected capital. Quantitative investment company Hilbert Group has announced a strategic partnership with…
What Happens to Bitcoin and Ethereum Price if the FED Starts a Rate Cut Series?
According to Scott Garliss, Director of Business Ventures at MarketWise, the Fed\'s decision to cut interest rates could be a positive development for cryptocurrencies. Garliss explains that the Fed’s current…
Tokenization Pioneer Centrifuge Unveils Lending Market With Morpho, Coinbase
The market will allow for the collateralization of and borrowing against Centrifuge’s Anemoy fund, tokenized T-bills from Midas and Hashnote’s U.S. Yield Coin. It’s the first time a permissioned lending…
Crypto Market Has Struggled Since Spot Ether ETFs Started Trading: Citi
The crypto market has struggled since the launch of spot ether ETFs, the report said. Citi noted that spot bitcoin and ether ETFs have seen net outflows in the past…
Celsius' Bankruptcy Plan Administrator Pays Out Over $2.5B
Celsius has distributed over $2.53 billion to more than 251,000 creditors as part of its bankruptcy process. Another 121,000 eligible creditors have yet to successfully claim their distribution. Celsius\' bankruptcy…
Sergey Stepashin Highlights Challenges of a BRICS Common Currency Amidst Growing Support for National Currencies
The topic of a potential BRICS common currency has stirred significant debate among economic experts and political leaders. Former Russian Prime Minister Sergey Stepashin raises important concerns regarding the feasibility…
Senior FED Member Speaks – Bullish Statement on Interest Rate Cuts
San Francisco Fed President Mary Daly said she believes the time is right for the central bank to start lowering interest rates. “The labor market has reached full equilibrium. It\'s…