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CNBC reported that the Seattle federal court has pushed back the sentencing verdict for former Binance CEO Changpeng Zhao to April 2024. In its recent announcement, the Seattle federal court disclosed that the sentencing ruling regarding CZ’s alleged money laundering charges has been rescheduled to April 30th. The statement did not provide an explanation for…
Franklin Templeton has filed for a spot ether ETF, joining the latest entrants in the competitive field. According to the filing, the purpose of the Shares is to provide a convenient avenue for investing in ether similar to direct acquisition, holding, and trading of ether on peer-to-peer networks or digital asset platforms. Other issuers, including…
Institutional investors are increasingly acknowledging the transformative potential of artificial intelligence (AI) in shaping the future of trading, according to a recent survey conducted by JPMorgan, a multinational investment bank. The survey, titled “e-Trading Edit: Insights from the Inside,” gathered responses from 4,010 institutional traders across 65 countries. The survey, conducted by JPMorgan, reveals insights…
Two key leaders from Swiss-based cryptocurrency custody provider Metaco have reportedly left the company within a year of its acquisition by blockchain solutions firm Ripple. According to a spokesperson from Ripple, Adrien Treccani, the founder and CEO of Metaco, along with Chief Product Officer Peter DeMeo, have departed. Metaco has not yet disclosed who will…
in brief DWS Group cautions about inflation and increased bond yields in the event of Trump’s re-election. Rick Santelli underscores the dangers of elevated bond yields, hinting at potential market instability. With the upcoming November presidential election in the United States, speculation intensifies regarding the possible consequences of Donald Trump’s re-election, especially regarding the future…
In a recent episode of WSJ’s Take On the Week podcast, Cathie Wood, the founder of ARK Investment Management, provided insights into the future of cryptocurrencies within the realm of exchange-traded funds (ETFs). Wood conveyed her doubts regarding the Securities and Exchange Commission’s (SEC) inclination to approve spot exchange-traded funds containing cryptocurrencies beyond Bitcoin and…
Farcaster, a decentralized social protocol based on Ethereum Layer 2 Optimism, has witnessed a significant increase in total revenue, reaching $600,000. The platform’s growth has drawn comparisons to FriendTech, another decentralized social network that initially garnered a large user base but ultimately failed due to high fees. Farcaster experiences a surge in growth following the…
The recently released ‘Crypto Landscape in Latin America: Report 2H 2023’ by Bitso offers a comprehensive analysis of cryptocurrency trends across several prominent Latin American nations, including Colombia, Argentina, Brazil, and Mexico. The report delves into the burgeoning popularity of cryptocurrencies in Latin America, despite significant challenges such as limited access to traditional financial services…
summary Grayscale has published a report exploring the implications of ordinals and ETFs on Bitcoin’s halving. view point on the involvement of ETFs and miners’ readiness. Grayscale, a leading digital asset manager, has issued a report discussing the potential impacts of the upcoming Bitcoin halving event in 2024. The report indicates that this halving may…
in brief Joe Biden shared a self-deprecating tweet featuring laser eyes in response to conspiracy theories. The crypto community interpreted it as a reference to Bitcoin rather than its intended political message. On Super Bowl Sunday, an image of Joe Biden sporting laser eyes was intended to mock the “Dark Brandon” meme, but the Bitcoin…