The crypto prices today were in the positive territory, but stayed near the bay, as investors are assessing a flurry of factors before putting any bets. For instance, the uncertainty over a potential timeline for the Federal Reserve to start trimming the policy rates has weighed on the crypto market sentiment. On the other hand, […]
UK Government Outlines Flexible Approach to AI Regulation
The UK government has revealed its intention to possibly introduce “targeted binding measures” for companies involved in creating advanced AI systems. This action forms a key part of the government’s response to public consultation on the AI whitepaper, which initially proposed a pro-innovation regulatory framework for AI. Additionally, the government has committed more than £100 […]
SEC Enforces New Rules Aimed at Safeguarding Crypto Investors
The Securities and Exchange Commission (SEC) has implemented new regulations that widen its reach to include market participants who engage in cryptocurrency transactions considered securities, including those under the decentralized finance sector. This action is meant to strengthen investor protection by making these entities adhere with federal securities laws. The ruling, passed by a 3-2 […]
ENS Price Hints Rally to $48 As Traditional Bottoming Sign Appears On Chart
ENS, the governance token of the Ethereum Name Service is witnessing a significant inflow defying the current market uncertainty. Over the last three days, the token has seen a remarkable 32.5% increase, climbing from $17 to $22.7. Analysis of the weekly chart reveals that this upward movement is contributing to the formation of a broader […]
MicroStrategy’s Bitcoin Accumulation Hits 190,000 BTC Amid Q4 Revenue Dip
MicroStrategy has increased its Bitcoin holdings, Michael Saylor revealed in a post on X on the sidelines of the company’s Q4 2023 results. MicroStrategy reportedly acquired 850 Bitcoin in January for $37.2 million, boosting its total holdings to 190,000 BTC. The company’s aggressive acquisition strategy is evident in its recent purchase of 31,755 bitcoins since the […]
Spot Ethereum ETF: SEC Delays Decision on Invesco Galaxy’s Application
The United States Securities and Exchange Commission (SEC) has decided to delay its decision on Invesco and Galaxy’s spot Ethereum ETF application. New Spot Ethereum ETF Date in View Senior Bloomberg ETF analyst James Seyffart shared on X that the U.S. regulator has pushed back its decision on the joint Ethereum ETF application submitted by […]
BlackRock’s Bitcoin ETF Leads Charts With Positive Inflows Supporting Growth
The approval of the Bitcoin ETF was an important milestone that gave the virtual asset a mainstream platform and reshaped the whole digital currency space. Out of all the ETFs that got trading approval, BlackRock has seen the highest inflows so far. With stronger inflows than any other ETF, it has ranked fifth in the […]
AI Leap by Facebook Sparks Privacy Alarms
The incorporation of AI by big tech giants has been the latest development in the technology sector. Almost all big tech names have offered some or the other artificial intelligence model in their products. Facebook is no surprise in the list. However, an opinion piece from Bloomberg suggests that Mark Zuckerberg’s AI integration might pose […]
AI Images From OpenAI To Carry Branded Metadata, Here’s Why
OpenAI has added innovation to images produced from its Artificial Intelligence (AI) image generator DALL.E 3 and other tools as they now have metadata integrated into them. OpenAI Driving Transparency With Metadata Per an OpenAI post on X, the AI firm confirmed that beyond the included metadata on DALL.E 3 images, those generated on ChatGPT […]
UK Delays BOE Stablecoin Feedback Deadline to Feb.12
In a significant development in the United Kingdom’s approach to crypto-asset regulation, the Bank of England (BOE) has announced an extension of the comment period for its discussion paper on stablecoin regulation. Initially set for February 6, the deadline has now been moved to the morning of February 12, allowing stakeholders additional time to provide […]