Monday, March 18, 2024
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Bitcoin price dives 2% on US jobs data as Fed rate hike bets heat up

Bitcoin (BTC) saw a snap retest of $27,000 around the Oct. 6 Wall Street open as wildcard United States employment data rattled markets.BTC/USD 1-hour chart. Source: TradingViewAnalysis: Jobs data “not what Fed wanted to see”Data from Cointelegraph Markets Pro and TradingView followed BTC price action as the largest cryptocurrency lost

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NYU law professors argue ‘personal growth bets’ using smart contracts should be legal

New York University School of Law professors Max Raskin and Jack Millman recently published a paper in the Journal on Emerging Technologies discussing the legalities surrounding the use of blockchain-based smart contracts for the purpose of "personal growth bets."According to the duo, personal growth bets are single-party contracts that people

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Asia’s richest man bets on blockchain, CBDC

Mukesh Ambani, Asia’s richest man from India, said on Monday that his Reliance Industries Ltd. is exploring blockchain-based platforms and central bank digital currencies (CBDC).See related article: The Digital RupeeFast facts“JFS (Jio Financial Services) will consolidate its payment infrastructure, with a ubiquitous offering for both consumers and merchants further driving

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Bitcoin (BTC) Slips to 2 Month Lows as Leveraged Funds Ramp Up Bearish Bets

"Whether that's one of the largest financial services companies in the world launching a stablecoin using public blockchain infrastructure or renewed excitement for futures-based ETH ETFs on the back of a flurry of new applications, both volatility and volume metrics continue to drop to multi-year lows," David Lawant, head of

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