The slowdown in US CPI inflation intensifies rate cut pricing, but several hawkish officials support the dollar. Gold fell first and then rebounded to reclaim $2410, while Bitcoin bulls surged past $67,000.
AlexThe U.S. court has announced that two Chinese nationals have been arrested and arraigned on charges of money laundering through shell companies involved in crypto investment fraud.
MiyukiSenate's bipartisan approval of H.J.Res. 109 challenges SEC's SAB 121, pushing President Biden to decide amidst political and industry pressures.
WeiliangBitcoin's price has solidified its position just above the crucial support level of $65,000, with cryptocurrency traders viewing its pattern as robust. Some even suggest that no significant corrections are expected soon and the price may continue to rise.
AlexThe USDT stablecoin continues to be entangled with illegal forex transactions, prompting Kraken to announce that it is evaluating the possibility of delisting European Tether pairs.
MiyukiCoinbase analysts are confident that an Ether spot ETF will be approved soon, with Ether surging to $3,126 at one point.
WeiliangWeb3 is still in its infancy, contending with critical challenges such as user-friendliness and infrastructure development. So will Web3 fail to realise its transformative potential and let Web2 continue its dominance?
CatherineVenezuela announced a cryptocurrency mining ban over the weekend, threatening to disconnect all domestic cryptocurrency mining farms from the national power grid.
AlexRecent resignations at OpenAI, including Chief Scientist Ilya Sutskever and Jan Leike from the "superalignment team," follow disagreements over prioritising safety amid the launch of GPT-4o. Concerns linger over OpenAI's shift towards profit and potential security risks in collaborations like Apple's iOS 18 update integrating OpenAI technology.
WeatherlyBitcoin approaches $69,000 with traders optimistic about continued gains, supported by favorable economic policies and strong ETF inflows.
Miyuki