Australia’s ASIC announced its intention to challenge the ruling that dismissed the case regarding Finder’s crypto asset product. ASIC believes that Finder’s “Earn” product was distributed without the required permit, leading to insufficient consumer safeguards. Australia’s ASIC to Appeal Against Dismissal of Finder Crypto Asset Case Based on the news, ASIC has initiated an appeal … Read more
Since the start of the year, the competition among AI technologies has become more fierce. To keep up with this rapid advancement, Microsoft is set to unveil new AI functionalities for use on personal computers and in the cloud at its annual Build event. Microsoft to Reveal New AI Cloud Features Based on CNBC’s reports, … Read more
Mike Novogratz’s billionaire firm, Galaxy Digital, has shared some insights about the upcoming Bitcoin halving. Contrary to past trends, where Bitcoin would surpass previous records after a halving, Galaxy Digital suggests a deviation from this pattern based on their analysis of the Bitcoin halving event’s impact. Galaxy Digital Notes Shift in Bitcoin Halving Trend Galaxy … Read more
President Joe Biden maintains a positive outlook on the possibility of the Federal Reserve reducing interest rates in response to the current economic challenges marked by rising inflation. Despite indications of accelerating inflation nationwide, the president stays hopeful. In simpler terms, this predicament poses significant challenges to the economy as it impacts consumer spending and … Read more
David Pan, the creator of the Taiwanese cryptocurrency platform ACE, is among seven individuals accused of fraud and money laundering by prosecutors. As stated in the official communique, a judge has authorized the seizure of Pan’s possessions. Crypto Fraud Investigation Ends With Indictment And Seizing Of Assets In January 2024, it was revealed that one … Read more
Uniswap Labs, the company behind the popular cryptocurrency platform Uniswap, has received a warning from the U.S. Securities and Exchange Commission (SEC) signaling possible legal action. This news is seen as a major hurdle by the crypto community, indicating that the industry may soon face a significant lawsuit from the SEC. Charles Hoskinson Advocates for … Read more
Zach Rector, an experienced cryptocurrency analyst, has brought up an intriguing notion: XRP could experience a significant reduction in supply due to a potential large-scale token destruction event. This prospective occurrence would likely result in a substantial increase in value for the crypto token, given the influence of token burns on a digital currency’s worth. … Read more
Based on Galaxy Digital’s latest market analysis, the search volume for “Bitcoin” on Google surpasses that of both “Taylor Swift” and “Beyoncé”. BTC Popularity and Key Catalysts In addition, Mike Novogratz noted that the search volume for Bitcoin on Google hit its peak in the past year during March. This isn’t shocking given Bitcoin’s upward … Read more
In their latest market analysis, Galaxy Digital’s team, led by billionaire Mike Novogratz, points out that the approaching Bitcoin halving is distinct from past occurrences. In past bitcoin market cycles, reaching new record highs following a halving event was typical. But contrastingly, this occurrence did not materialize during the most recent cycle. On March 14, … Read more
Recent trading activity data from the blockchain indicates a decrease in Solana and other leading cryptocurrencies’ trading volumes. This observation offers some insights into current market trends. Solana, Bitcoin, And Ethereum Trading Volumes Have Declined Over Past Month Based on information from the crypto analysis company Santiment, trading activity in the digital currency market has … Read more