The U.S. government issues new rules to tighten oversight of AI and cryptocurrencies According to CryptoPotato, the U.S. government has issued new regulations requiring companies to conduct AI security testing and share the results with the U.S. government. Additionally, the new regulations include following official standards for safe AI development and clearly...
Spot Bitcoin ETF may reshape the financial landscape, with assets applied for exceeding US$15 trillion According to the Daily Planet, Glassnode co-founder Yann Allemann said that spot Bitcoin ETFs may reshape the financial landscape in an unprecedented way. The total assets of companies currently submitting applications for spot Bitcoin ETFs exceed $15 trillion....
Rich Dad Poor Dad author predicts Bitcoin will test $30,000 and rise to $135,000 According to the Daily Planet, Robert Kiyosaki, author of "Rich Dad Poor Dad," posted on the X platform: "Bitcoin will test $30,000 and then target $135,000.
Bitcoin Lightning Network Grows 1,212% in Two Years According to CryptoPotato, Bitcoin’s second-layer Lightning Network has grown by 1,212% in just two years. According to Bitcoin exchange data from River, the Lightning Network recorded approximately 6.6 million routed transactions in August 2023, a significant increase from 503,000 transactions in August 2021....
Fed Governor Bowman: It is appropriate to raise interest rates and maintain them at restrictive levels According to the Daily Planet, Fed Governor Bowman said it would be appropriate to further raise interest rates and maintain them at restrictive levels for a period of time. The latest U.S. jobs report showed solid job growth in the labor market. The frequency...
According to The Block, the SEC has postponed a decision on VanEck’s spot Bitcoin ETF application. The regulator said it was launching additional procedures to determine whether the proposed ETF should be approved or disapproved. The SEC requires commentators to provide comments, and they have 21 days to submit written data, opinions and arguments; there is also a...
SEC needs to make decisions on multiple Bitcoin ETF-related matters in mid-October NYDIG issued a document stating that the SEC must respond (approval, rejection or delay) to Nasdaq’s iShares Bitcoin Trust ETF listing request before October 17. The SEC also has until October 16 to respond to the Bitwise Bitcoin ETP Trust. Additionally, October 13 is the final date...
● Glassnode Lianchuang: Bitcoin has regained its support level of $26,000 and is expected to exceed $27,000 According to CryptoPotato, the price of Bitcoin has been trending upward in recent days. Glassnode co-founder Yann Allemann said that the US Consumer Price Index (CPI) rose by 0.6%, causing Bitcoin price fluctuations. Core CPI, which excludes volatile...
G20 leaders to discuss advancing cryptocurrency regulatory roadmap in October According to The Economic Times, leaders of G20 member states on Saturday endorsed the recommendations of the Financial Stability Board (FSB) and the International Monetary Fund (IMF) on crypto asset activities and markets, as well as the regulation and supervision of global...
● The US SEC has held a closed-door meeting this Thursday, and it is rumored that it may seek settlement with Ripple According to TheCryptoAlert, the U.S. Securities and Exchange Commission (SEC) has held a closed-door meeting on Thursday, August 31, 2023. There are rumors that this confidential meeting may involve a settlement with Ripple. The SEC's subsequent...
The total market value of cryptocurrencies is 1048.389 billion US dollars, and the share of Bitcoin is 48.3% According to CoinMarketCap, the total market value of cryptocurrencies today is $1,048.389 billion, and the 24-hour trading volume is $15.082 billion, of which BTC accounts for 48.3%.
MicroStrategy's Bitcoin holdings currently have an unrealized loss of more than $620 million X (formerly Twitter) user Maartunn posted that MicroStrategy currently holds 152,800 BTC at an average purchase price of $29,672. Bitcoin is currently at $25,830 with an unrealized loss of $620,876,000.
PlanB: Bitcoin is getting stronger and stronger, approaching the trend line of $35,000 PlanB issued an article saying that the trend of Bitcoin is getting stronger; RSI is still at 50, but is rising; MVRV green has been realized (29.5k=~1.5*20k), and it is moving to the yellow area (~1.75*20k=35k).
Global X Submits Spot Bitcoin ETF to US SEC Global X has submitted an application to the U.S. Securities and Exchange Commission (SEC) for a spot bitcoin ETF that, if approved, would grant investors exposure to bitcoin, Foresight News reported.
Long-term holders have increased their holdings of more than 1.1 million BTC in the past year, worth about $33 billion On-chain analyst Ali tweeted that according to Glassnode data, long-term Bitcoin holders (that is, wallet addresses that hold Bitcoin for at least 155 days) have accumulated more than 1.1 million BTC in the past year, worth about 3.3 billion. One...
Encrypted bank Anchorage Digital: Institutional interest in cryptocurrencies grows According to The Block, Diogo Mónica, co-founder and president of Anchorage Digital, said in an interview earlier this month, "I think there is a growing interest and appetite for cryptocurrencies among institutions." Anchorage Digital is a federally chartered crypto bank in the...
JPMorgan Chase: The ruling on XRP is a "landmark victory" for the encryption industry, or it may affect other cases According to CoinDesk, JPMorgan Chase wrote in a research note on Friday that the U.S. Southern District Court’s ruling in part in favor of Ripple represents a landmark victory for the cryptocurrency industry and clarifies what is and is not a...
Glassnode tweeted that following the Blackrock BTC ETF request announcement on June 15, the share of Bitcoin supply held and traded by U.S. entities has risen significantly, marking a potential inflection point in supply dominance if this trend continues.