The New York State Bar Association has asked attorneys to use AI in the field with caution and care. Reuters has highlighted that New York joins a select few states, such as Florida and California, whose bar associations have released recommendations on AI use. New York State Bar Association Warns on Cautious AI Use As […]
Coinbase Expands EU Footprint with MiFID License
Coinbase has announced plans to acquire a MiFID-licensed entity in Cyprus, marking a strategic move to broaden its derivatives offerings across the European Union. This endeavor, pending regulatory approval, aims to enhance Coinbase’s market presence in 2024 significantly. Coinbase Expansion into the EU Derivatives Market The initiative to acquire a Markets in Financial Instruments Directive […]
VanEck and CoinShares Cast Doubt on SEC’s Approval of Spot Ethereum ETF
Big players in the financial markets have been seeking the SEC nod for the approval of a spot Ethereum ETF, after the successful launch of a similar investment product for Bitcoin earlier this year. However, two spot Bitcoin ETF issuers – VanEck and CoinShares – have cast doubt on the SEC’s approval of spot Ethereum […]
Bitcoin ETF: Crypto Community Fires Back As Better Markets Opposes Approval
Dennis M. Kelleher, Co-Founder and CEO of Better Markets, has issued a clear warning against the approval of Spot Bitcoin Exchange-traded Funds (ETFs). This firm assertion sheds light on the important concerns surrounding the potential consequences for investors if the Securities and Exchange Commission (SEC) approves the Spot Bitcoin ETFs. Better Markets CEO Opposes Bitcoin […]
2 Altcoins To Buy Going To Outperform Bitcoin Post-Halving
Bitcoin halving is estimated to take place on April 17 according to Coinbase exchange. The event known to ardent investors as a significant market mover takes place every four years to control inflation on the network. Ahead of the halving, market participants focus on taking positions in Bitcoin and top altcoins to buy. For instance, […]
Bitcoin ETF Could Lead to Harsh Crypto Downturn, Analyst Warns
The potential approval of a Bitcoin ETF by the U.S. Securities and Exchange Commission (SEC) has stirred a mix of optimism and concern among industry experts. While some view this development as a positive step for mainstream adoption, others, like Ran Neuner, founder of Crypto Banter, predict a different trajectory, pointing to a possible downturn […]
AI News: Intel To Smash NVIDIA Dominance With High-Tech Chip Gaudi 3
NVIDIA’s dominance in the Artificial Intelligence (AI) ecosystem is on the line as American multinational corporation and technology company Intel Corp has unveiled its new AI chip. Intel Lauds Gaudi 3’s Capabilities Over NVIDIA’s Alternative During its Vision event on April 9, Intel announced the coming launch of its semiconductor called Gaudi 3. Markedly, the […]
SEC Veteran Labels Spot Bitcoin ETF Applicants “Opportunistic Cartels”
John Reed Stark, a former enforcement officer with the United States Securities and Exchange Commission (SEC) has labeled spot Bitcoin ETF applicants as “opportunistic cartels” that are trying to capitalize on a product that has no inherent value. John Reed Stark’s View of Spot Bitcoin ETF There are a few opponents of a spot Bitcoin […]
XRP News: John Deaton Elizabeth Warren Over Crypto Regulation Debate
Pro-XRP lawyer John Deaton has fired back at Senator Elizabeth Warren’s comments during a U.S. Senate Banking Committee hearing over her crypto regulation approach. Deaton’s critique underscores the growing tension between crypto proponents and policymakers over regulatory measures. Notably, the criticism comes amid Senator Warren’s call for stricter oversight of crypto validators and stablecoin users. […]
Bitcoin ETF Green Light & Halving: Analyst Predicts BTC Price To Hit $200K In 2025
The imminent approval of Bitcoin ETFs coupled with the approaching Bitcoin Halving event has left the crypto market buzzing. As the ETF frenzy reaches new heights, Milkybull Crypto, a popular crypto analyst on X, expects these events to propel the Bitcoin (BTC) price to $80,000 in 2024 and $200,000 by 2025. In addition, he believes […]