Ether Staking Ratio Nears Key Milestone as Inflows Slow Amid Regulatory Pressures
Investors committed nearly 20% of all ETH tokens to lock up in staking contracts, according to blockchain data. Source
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BTC Steady Near $31K After Options Expiry, USD Index Rises Ahead of Key U.S. Inflation Data
The expiry was pivotal, considering market makers in BTC options were "long gamma" and could have added to spot price moves with their hedging activities. The largest cryptocurrency by market value, however, traded listlessly between $30,000 and $31,000 in days leading up to the settlement and remained locked in the
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9 key steps for ensuring compliance with incoming MiCA regulations
In May 2023, the European Union signed its landmark Markets in Crypto-Assets legislation into law. Crypto businesses operating in the EU now have a fixed timeline to comply with MiCA’s wide-ranging guidance and regulations, which address everything from defining a crypto asset to establishing reserve requirements for stablecoins. While MiCA
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Baidu Says Ernie 3.5 Outdid ChatGPT and GPT-4 in Key Metrics
The result of the AGIEval and C-Eval tests shows that Ernie 3.5 achieved higher scores than other large models, including ChatGPT, and surpassed GPT-4. Competition in the AI market heats up as China’s Baidu said its AI model Ernie 3.5 beats the popular OpenAI’s ChatGPT AND GPT-4 on key tests. The Chinese internet
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Tom Lee says bitcoin is maintaining key levels
Share Share on Twitter Share on LinkedIn Share on Telegram Copy Link Link copied Tom Lee, a prominent cryptocurrency analyst at Fundstrat, recently shared his observations on bitcoin’s ability to maintain critical support levels in the face of significant regulatory challenges. Despite the introduction of stringent regulations in the cryptocurrency
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Binance sets sights on UAE as key operational hub
Share Share on Twitter Share on LinkedIn Share on Telegram Copy Link Link copied In light of recent enforcement actions in the United States, Binance is turning its attention to the United Arab Emirates (UAE) as a significant focus for its future operations. According to Alex Chehade, the general manager of
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Judge blocks Bankman-Fried’s attempt to obtain key documents in fraud prosecution: Report
Sam Bankman-Fried, the co-founder of FTX, has been denied his request to obtain documents from a Silicon Valley law firm, Fenwick & West LLP, as part of his defense strategy in his ongoing federal fraud case, Bloomberg reported. Bankman-Fried had hoped to use thes documents to support his claim that
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Knowing Who Counterparties Are Is Key to Engaging Institutions in DeFi
NEW YORK - Developing digital identity infrastructure such that counterparties know who they are trading with is critical to getting large institutions involved in decentralized finance (DeFi), said Joseph Chalom, head of strategic partnerships at BlackRock, at the State of Crypto Summit held by Coinbase and the Financial Times
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Elon Musk’s key litigator withdraws amid Dogecoin lawsuit saga
Share Share on Twitter Share on LinkedIn Share on Telegram Copy Link Link copied As Elon Musk battles a $258 billion lawsuit over alleged Dogecoin market manipulation, his legal team undergoes significant reshuffling. Key litigator Adam Gabor Mehes has departed, with Allison Huebert stepping in to fill the void. The rapidly
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Most ‘fear’ in 3 months as $26.4K becomes key — 5 things to know in Bitcoin this week
Bitcoin (BTC) emerges from a hectic macro week to circle some classic trend lines near $26,000 — what could happen next?After some brutal tests of traders' resolve over the past seven days, BTC price is still determined to hold familiar ground.Market participants are in "wait and see" mode as a
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