The Bitcoin Open Interest has reached an unprecedented peak, according to the data, coinciding with the cryptocurrency’s price soaring beyond $72,000. Bitcoin Open Interest Has Shot Up Recently Maartunn, the community manager for CryptoQuant in the Netherlands, recently shared on platform X that the current number of open Bitcoin derivative contracts across all exchanges has … Read more
The SEC’s decision to prohibit Binance from operating in the Philippines has left Filipino users concerned about the fate of their crypto investments. In a recent interview, attorney Paolo Ong explained the reasoning behind the ban and its implications for Binance‘s user base. Binance Is Not Being “Singled Out” Paolo Ong, head of the SEC’s … Read more
To date in this year, the total inflow of funds into global cryptocurrency investment vehicles has hit an all-time high of approximately $13.8 billion, according to Coinshares’ data. Reaching this milestone signifies a significant surge in investor involvement in the cryptocurrency sector, indicating a rising belief and enthusiasm among investors that digital assets are a … Read more
The US Securities and Exchange Commission (SEC) has postponed making a choice on the New York Stock Exchange’s plan to allow trading of Bitcoin spot ETF options. This action could significantly alter the approaches used in Bitcoin trading for investments like the Bitwise Bitcoin ETF, Grayscale Bitcoin Trust, and any other NYSE-listed trusts containing Bitcoin. … Read more
Recently, Do Kwon’s contentious extradition case between the United States and South Korea has led Montenegro to experience some notable developments. Following Montenegro’s appeal court decision to deny Kwon’s extradition to the United States, Montenegro’s Supreme Court subsequently reversed prior orders for his extradition to South Korea (according to a recent Bloomberg report). The advancement … Read more
Dogecoin’s price has surged by 16% since hitting its lowest point this year, bringing it close to its highest mark of $0.22. However, some market observers believe that this upward trend may be short-lived and the coin’s value could drop once again. Based on its recent performance, Dogecoin has been performing strongly, with its price … Read more
Based on current blockchain information, it seems investors are experiencing a significant change in preferences. As reported by an analyst on platform X, funds have been departing from Ethereum and the BNB Chain according to Real Time Money Flow (RTMF) data. While Bitcoin and other well-known cryptocurrencies have seen decreased investment, newcomers like Solana are … Read more
The New York State Bar Association advises lawyers to exercise caution and prudence when utilizing artificial intelligence (AI) in their practice. Notably, New York is among a small group of states, including Florida and California, whose bar associations have issued guidance on the use of AI. New York State Bar Association Warns on Cautious AI … Read more
Elon Musk, the CEO of Tesla, believes that we’ll create AI systems surpassing human intelligence by the end of next year or no later than 2026. AI Tools and Human Functions On Monday, Tesla, SpaceX, and X business magnate Elon Musk was highlighted in an interview with Nicolai Tangen, CEO of Norges Bank Investment Management. … Read more
An article by Benzinga reports that Donald Trump, a known supporter of cryptocurrencies, has suffered significant losses in his crypto investments recently. His portfolio is now worth around $5.3 million, representing over $3 million in losses due to the decrease in ETH and TRUMP’s value during the past month. Donald Trump’s Crypto Portfolio Takes a … Read more