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In December 2022, former Brazilian President Jair Bolsonaro approved a crypto regulation bill that was passed by Brazil’s Chamber of Deputies and the Senate. The law created a “virtual service provider” license and established a crime of fraud involving virtual assets, with a penalty of between four and six years
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Most analysts and traders expect the Federal Open Market Committee (FOMC) to vote for holding the rates as they are. The prices of gold moved up on Wednesday as the dollar weakened while the world awaits a decision from the Fed. The slowing US inflation solidified assumptions that the Fed would
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A notable difference between AMD’s MI300X and Nvidia’s H100 is the storage facility. While the AMD AI chip can use up to 192 GB of memory, Nvidia’s chip supports 120 GB. American multinational semiconductor company AMD (NASDAQ: AMD) has announced a new AI chip that is positioned to challenge its rival
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"The consensus is for the hawkish skip, so the bar might be quite high for Jerome Powell to out-hawk the market," Brickell told CoinDesk. From a communication perspective, I think it’s difficult to sound too hawkish when you’re taking a pause, so my bias would be that it’s interpreted as
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The combined market capitalization of BTC, ETH and stablecoins reached the highest since February 2021, digital asset research firm K33 Research noted. Source
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Bitcoin (BTC) fell back in line at the June 12 Wall Street open after a brief macroeconomic data jolt failed to shift the status quo.BTC/USD 1-hour candle chart on Bitstamp. Source: TradingViewMarkets expect first Fed pause since 2021Data from Cointelegraph Markets Pro and TradingView showed BTC/USD continuing to circle $26,000,
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Bitcoin's (BTC) percentage share in the crypto market has risen to nearly 50% in the aftermath of the last week's altcoin market rout.On June 13, the Bitcoin Dominance Index (BTC.D), which tracks BTC's weight against other cryptocurrencies, reached 49.29%, slightly down from its two-year highs of 49.66% seen earlier this
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Binance.US experienced a significant market crash following the lawsuit slammed on the company by the US SEC last week. The US arm of international crypto exchange Binance has seen a 78% market crash since the United States Securities and Exchange Commission (SEC) sued the company. The company has been struggling to
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In a recent video by Crypto Banter, notable crypto investor Ian Balina expressed apprehension about the future of cryptocurrency in the US, with the recent regulatory pressures considered a major concern. Balina, along with other key players in the industry, see this development as part of the disruptive evolution of a
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The token unlock, which will take place on Wednesday, will release almost 196 million tokens, representing nearly 40% of the currently circulating supply, according to data from CoinGecko and Token Unlocks. When this $62 million of tokens are released, owners of BLUR will get greater autonomy over their holdings, gaining
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