News - Page 34

Bitcoin (BTC) price is overheating amid calls for a pullback to allow fresh liquidity to enter the market ahead of the next rebound targeting highs above $40,000. The bellwether cryptocurrency has experienced significant gains over the past year, with a 66.6% increase. However, recent data shows a slight decrease in value over the last 24 hours, trading at $34,370.

John Deaton, a lawyer representing 75k XRP investors impacted by the U.S. SEC vs Ripple Labs case, criticized the U.S. Securities and Exchange Commission (SEC) for not complying with the law in issuing SAB 121. The Government Accountability Office (GAO) found that SAB 121 was drafted without input from regulators and the public.

CubeSigner is a recently released product that serves as a key manager for Ethereum validators. It has already gained traction and is currently in production, as stated in the press release. The project's website also highlights a collaboration with Ankr, another startup, in the field of liquid staking.

The Relative Strength Index (RSI) is a popular technical analysis tool used by traders to identify overbought and oversold conditions in the market. It measures the strength and speed of a price movement and provides insights into the potential direction of an asset.

In an interview with CoinDesk, Simon Barnby, Archax's chief marketing officer, stated that everyone is in the same state as them when it comes to applying for service provision. He emphasized that all participants are allowed to provide the service while the application process is ongoing. Barnby mentioned that if a participant successfully passes the application process, it is considered positive. However, if a participant does not pass, they would have to cease providing the service.

The United Kingdom is set to host the inaugural AI Safety Summit, bringing together government entities, academia, and leading AI companies to discuss the containment of risks associated with Artificial Intelligence. The summit is the brainchild of UK's Prime Minister Rishi Sunak, who aims to position Britain as a mediator between the economic powerhouses of the United States, China, and the European Union.

The SOL price has been on an aggressive upward trajectory, bucking the trend of market uncertainty. It has notched four consecutive days of gains, marking a 25% increase to reach its current trading price of $39.38. This rally has broken through the resistance trendline of a long-standing channel pattern, signaling the potential for even more substantial gains.

The recent attack by Hamas on Israel on October 7th has had a significant impact on the U.S. 10-year Treasury yield and the price of Bitcoin. This article explores the changes in these two assets and the reasons behind them.

Tuesday was a much quieter day for Bankman-Fried compared to Monday. He seemed to have improved his responses, providing slightly tighter answers than before. However, his overall tone remained consistent with earlier in the week, giving the impression that he did not want to be there.

The Commodity Futures Trading Commission (CFTC) has reported an increase in tips related to cryptocurrency fraud and illegal activities. In a statement published on the CFTC website, Commissioner Rostin Behnam highlighted the growing concern surrounding crypto-related scams.

Baidu, a Chinese tech giant specializing in internet and Artificial Intelligence (AI)-related services, has announced plans to launch a paid version of its ChatGPT-like bot Ernie. This move comes as part of Baidu's efforts to advance AI development and foster economic growth.

Crypto whales have recently made significant transfers of Ethereum (ETH) and Shiba Inu (SHIB) worth hundreds of millions of dollars. These transactions were detected by the blockchain tracker Whale Alert.

BaFin, the German financial regulatory authority, has gained recognition as one of the world's leading influencers in crypto regulation. With a focus on enabling the advancement of digital currencies, BaFin has successfully established a secure regulatory framework. This achievement has been acknowledged by industry experts, such as Dejan Maljevic, the managing director of BitGo Europe, who stated, 'BaFin is recognized as one of the world's key trendsetters in crypto regulation. It enables the progress that digital currencies entail while creating a secure regulatory framework.' This milestone represents the culmination of dedicated efforts and signifies a significant step forward in the crypto industry.

The global discussions surrounding artificial intelligence (AI) and real-world assets have experienced a sudden increase, according to data from Santiment. Traders and investors are now shifting their focus away from bullish or bearish markets. Instead, they are exploring the potential of AI and real-world assets as emerging hot spots in the financial landscape.

Turkey has been on the 'grey list' of the Paris-based global money laundering and terror financing watchdog, the Financial Action Task Force (FATF), since 2021.

In a recent plea agreement, the founder of Oyster Protocol, Amir Elmaani, admitted to minting new PRL tokens after the initial coin offering (ICO), despite publicly stating that the token supply would not increase. Elmaani also acknowledged that he had locked the smart contract that created PRL, but went on to use it to mint new tokens without informing anyone, including other team members. This admission contradicts his previous statements and raises concerns about the transparency and integrity of the Oyster Protocol project.