G20 President India Proposes ‘Action Points’ for Implementing Global Crypto Rules
The Indian Presidency of G20 has put forward proposals for a roadmap to introducing a global regulatory framework for crypto assets. India believes a more coordinated policy will be needed…
Softer US payroll data not enough to save near term AUD outlook
AUD - Australian dollar All in all, it was a disastrous week for the Australian Dollar, which bludgeoned into giving up nearly 1.2% and crashing through US$0.66 amid increasing headwinds.…
Bitcoin Massively Outperforms Crypto Hedge Funds in 2023: Report
Crypto hedge funds have underperformed and faced an array of issues this year according to new research.
US Court Dismisses Former Celsius Network CEO’s Motion to Block New York Attorney General’s Lawsuit
Former Celsius Network Alex Mashinsky will now have to defend himself against a lawsuit filed by New York Attorney General Letitia James after a New York County Supreme Court Justice…
Report: US ETFs Signal Renewed Bitcoin Interest; BTC’s Limited ‘Hot Supply’ Eyes Bull Market
As interest in bitcoin exchange-traded funds (ETFs) heats up, a new report from blockchain analytics firm Glassnode examines how much bitcoin is actually available for purchase. The report, titled “How…
Block’s BTC Revenue Rises by Over 30% in Q2
"The year-over-year increase in bitcoin revenue and gross profit was driven by an increase in the quantity of bitcoin sold to customers," the firm said.
Love Hurts: Minnesota Man Loses Over $9 Million in a Crypto Romance Scam: Report
Instead of leaving his wife and getting rich overnight via investing in a suspicious crypto project, the victim ended up losing $9.2 million.
LK-99 and Cracking Bitcoin: A Quantum Leap in Optimism or Threat? Community Debates Potential Impact
In recent times, attention has gravitated towards a novel substance known as LK-99, celebrated as a potential wonder superconductor with the capability to usher in an era of lossless power…
AI Investments Could Soar to $200 Billion by 2025 According to Goldman Sachs
"AI-related investment could peak as high as 2.5 to 4% of GDP in the US and 1.5 to 2.5% of GDP in other major AI leaders," the experts suggested.
Bitcoin’s Historic Surge: Record 682,281 Transactions in a Day Mark 2023 as Year of Increased Activity
In a year marked by historic milestones, the Bitcoin network has recorded its most active period ever, processing the highest number of confirmed transactions per day. The network reached an…