MicroStrategy, under the leadership of CEO Michael Saylor, has been making waves in the investment world with its significant Bitcoin acquisitions. The company’s recent purchase of massive Bitcoins has further intensified speculation about the correlation between its Bitcoin holdings and the soaring MSTR stock price. Meanwhile, as Bitcoin continues to garner institutional interest, questions arise […]
Coinbase Data Signals Institutional Investors Buying Bitcoin Again
Bitcoin price continues to stay afloat above $70,000 despite the long holiday weekend. The crypto market mostly saw subdued activity amid some economic events including the US PCE inflation release, which came slightly hot. The total crypto market volume over the last 24 hours has dropped over 15%. However, Coinbase premium gap indicates institutional investors […]
AI To Increase Transparency in Labor Sustainability Reporting
AI offers a chance to transform sustainability reporting and enhance working conditions worldwide as it transforms the nature of work, according to Forbes. This technological revolution can bring deeper insights and increased transparency into labor dynamics, in addition to automating routine jobs. By doing this, real progress toward sustainable workplaces is facilitated. AI to Help […]
Ripple CLO Challenges SEC Claims Post Coinbase Decision
Ripple’s Chief Legal Officer, Stuart Alderoty, took to social media to express skepticism about the Securities and Exchange Commission’s (SEC) ability to substantiate its claims against Coinbase. He believes that the recent decision to grant the SEC’s lawsuit against Coinbase leave to go to trial poses a difficult phase for the SEC, as the latter […]
Charles Hoskinson-Backed RATS Pool Updated To Sign Mithril Certificates
Samuel Leathers, IOG Core Tech Head of Product and co-owner of the RATS pool with Charles Hoskinson has declared that the Cardano (ADA) pool has been updated to a new version. Charles Hoskinson Canvasses for Upgrades RATS Node Cardano founder Charles Hoskinson and Leathers, who was a DevOps Engineer at Input Output (IOHK), launched RATS […]
Goldman Sachs Revises Outlook on Fed Rate Cuts; Predicts Starting in June
Goldman Sachs has made changes to its Fed rate cuts trajectory, bouncing back to predicting three rate cuts by the end of this year. TheStreet states that the change predicts the first rate reduction to happen this June, being in line with larger market consensus. Goldman Sachs Rate Cut Prediction Initially, the first interest rate […]
Binance Founder CZ Shares Giggle Academy Update, What About Sentence Hearing?
Amidst the wait for his upcoming sentence hearing, former Binance CEO Changpeng ‘CZ’ Zhao has taken to X to give an update on how far his new project Giggle Academy is performing. Binance Founder Shares Update on Giggle Academy CZ introduced Giggle Academy almost two weeks ago while he was facing trial for some criminal […]
Tornado Cash Cofounder Files Motion to Drop Charges
Roman Storm, a co-founder of the cryptocurrency mixing service Tornado Cash, has filed a motion seeking the dismissal of charges levied against him. Storm, who was arrested and charged with a number of offenses connected to his actions in starting the Tornado Cash platform, has presented a lot of legal defenses to cover the accusations. […]
Custodia Bank Ruling: Why Did Judge Skavdahl Make a 360 Degree Turnaround?
Justice Scott Skavdahl, who has been hearing the case between Custodia Bank and the Federal Reserve, changed his view on the issue of the Fed’s power over the master account applications. At first, Judge Skavdahl appeared to be doubtful that Congress had given the Federal Reserve complete freedom in determining such applications. This viewpoint entailed […]
Farcaster Developer Merkle Gets Unicorn Valuation Amid Market Shift
Farcaster developer Merkle is planning to raise around $1 billion, according to a report by Bloomberg. The funding is likely to give the firm a unicorn status and also highlights a changing dynamic in the dysphoria of the crypto-related social media realm. Merkle to Raise $1 Billion Bloomberg on Saturday reported, that Merkle, a software […]