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Bitcoin
Biden Administration Issues Landmark AI Executive Order
United States president Joe Biden has issued an executive order to establish new rules and standards that artificial intelligence (AI) companies will have to follow to secure the leadership of America in the field. The executive order also…
Banking Giant Standard Chartered’s Crypto Custody Firm Zodia Launches in Hong Kong
British banking giant Standard Chartered-owned crypto custody firm Zodia is launching services in Hong Kong. “The Hong Kong government and the regulators see digital assets as the future and also want Hong Kong to be a hub,” the crypto…
Robert Kiyosaki Shares Investment Allocation to Help You Survive ‘Greatest Crash in World History’
Rich Dad Poor Dad author Robert Kiyosaki has recommended an investment allocation that he says may help you survive the greatest crash in world history. Noting that financial experts have promoted a 60/40 portfolio allocation of stocks and…
SEC’s Spot Bitcoin ETF Approval Looking Like ‘a Done Deal’ in January, Says Bernstein
Global asset management firm Alliancebernstein’s research arm expects the U.S. Securities and Exchange Commission (SEC) to approve its first spot bitcoin exchange-traded fund (ETF) in early January 2024. Noting that the regulator…
On Bitcoin White Paper’s 15th Anniversary, Wall Street Threatens to Swallow Its One-Time…
The titans of finance are increasingly driving a space that, to many, was designed to put them out of business.
US Treasury Deputy Secretary: Crypto Not Major Source of Funding for Terrorists
U.S. Treasury Deputy Secretary Wally Adeyemo says crypto is not the vast majority of the ways terrorist groups are funded, noting that these organizations “continued to use the traditional banking system.” His statements…
Bank of Spain Report: Most Spaniards Don’t Want Digital Euro, 65% Would Not Use It
A recent report issued by the Bank of Spain that inquires about how Spaniards use cash for payments has revealed the low degree of confidence they have in a hypothetical digital euro. 65% of the citizens surveyed reported that they would…
Crypto Exchanges Face Historic Liquidity Crunch Ahead of Bitcoin Halving
About 60,000 bitcoins valued at just over $2 billion were removed from trading platforms in the past 90 days. The number of bitcoins on centralized exchanges is slightly more than 2 million. A recent report from Falconx says swings in the…
Bitcoin’s Black Swan — A Retrospective on 2020’s ‘Black Thursday’
Almost four years have elapsed since the market crash of March 11, 2020, widely known as “Black Thursday.” During that turbulent period, the value of bitcoin plummeted by more than 50% in a 24-hour span, reaching $3,867 per…