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June CPI, PPI Readings Hold the Spotlight for BTC Investors

On Wednesday, observers of U.S. monetary policy will eye the Labor Department’s release of the June CPI. The CPI has edged steadily downward since last year’s high. Economists’ consensus see June’s index dipping in the mid 3% range, although Edward Moya, senior market analyst at foreign exchange market maker Oanda,

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Lightning Labs releases tools letting AI transact and hold Bitcoin

Bitcoin (BTC) Lightning Network development firm Lightning Labs unveiled a new set of tools for artificial intelligence to send and receive BTC on the network’s layer-2 solution.On July 6, Lightning Labs announced the toolkit which helps enable AI applications such as OpenAI’s ChatGPT to interact with the Bitcoin network to

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US lawmakers propose bills to hold bank execs accountable for failures and address risks

Democrats with the United States House Financial Services Committee have introduced several bills in what they described as the “first wave” of legislation aimed at addressing failures at major banks.In a June 21 announcement, committee ranking member Maxine Waters said House Democrats had backed 11 bills drafted in response to

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31% of young Aussies hold crypto despite being ‘risk averse’ — ASX survey

Despite seeing themselves as more “risk averse” than their older counterparts, nearly a third of all young Australian investors hold or have traded cryptocurrencies over the last year, a new study has found.In an Australian investor study from the Australian Securities Exchange (ASX), 46% of “next generation investors” — the

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