U.S. Presidential Candidates Chat About Crypto, Target Federal Regulators
The three aspiring presidents touched on many of the same pro-crypto points at a Coinbase-linked crypto advocacy event.
A Difficult Truth: The Unspoken Mismatch of Web3 and Generative AI
Generative AI workloads are designed to be computationally intensive, running on highly parallelizable GPUs. What role does that leave for blockchain? Jesus Rodriguez, of IntoTheBlock, explores one possible solution.
Cathie Wood’s ARK Invest Offloads Nearly $13M Worth of Grayscale Bitcoin Trust Shares
Digital asset manager Grayscale’s bitcoin investment vehicle’s shares fell 8.6% Monday, reflecting the day’s 5.8% drop in bitcoin.
China to Verify Citizens’ Identities With New Blockchain-Based Platform
The announcement follows a government rule change to require social media influencers to display their real names.
World’s First Bitcoin Bonds Receive Regulatory Approval in El Salvador
The bonds are expected to launch in Q1 of 2024, several posts amplified on social platform X by President Nayib Bukele suggest.
Bitcoin, Ether Drop Spurs $500M in Liquidations, But BTC Entering “Never Seen Before” Era
“Due to the rise of Ordinals and Bitcoin L2s, there are reasons to be bullish on the Bitcoin ecosystem. We are entering an era of Bitcoin that we have never seen before,” one market watcher told CoinDesk.
Bitcoin Dips 7% to Near $40K; Pullback Will Be Short-Lived, Say Experts
Bitcoin endured its worst daily drawdowns in 4 months, dipping over 7% to nearly $40,000. $XRP, $LINK, $ADA declined 8%-10%.
Explaining Bitcoin’s ‘Flash Crash’
The cryptocurrency’s volatility cuts both ways.
Binance’s Market Share of Crypto Trading Tumbled to 30% in 2023
The exchange has also witnessed a drop in its trading volume amidst the regulatory crackdown on the entity in the U.S.
FCA Slow to Take Crypto Enforcement Action, UK’s Public Spending Watchdog Says
Even when the financial regulator has the power to act, years can go by before it takes enforcement action, the U.K.’s National Audit Office said.