Friday, July 26, 2024
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Evidence of Greater Traditional Finance Participation in Bitcoin – Blockchain News, Opinion, TV and Jobs

Last week, Bitcoin (BTC) closed at around $37,000, up by 5.9% compared to the previous week’s closing value of $35,000. The week showcased robust price action, witnessing BTC’s fluctuations with consecutive daily price increases from Monday to Friday. The highest trading price was observed on Thursday, nearly reaching $38,000. Following

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‘Rich Dad, Poor Dad’ Author Robert Kiyosaki Endorses Bitcoin over Traditional Investments

Earlier this year, Kiyosaki identified three key things that he believes will drive the price of Bitcoin up. Robert Kiyosaki, the entrepreneur and author of the popular personal finance book “Rich Dad, Poor Dad” has endorsed Bitcoin over traditional assets. In a post on social media platform X, the known Bitcoin

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AI music sending traditional industry into ‘panic,’ says new AI music platform CEO

Artificial intelligence (AI) has been making waves in various industries across the globe. However, the conflict between its usefulness and its ability to infringe on intellectual property (IP) has been a particular struggle in the creative industries.Major players in the music industry, from artists and record labels to institutions like

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DeFi Should Be Regulated Like Traditional Finance Players, Global Securities Body Says

“There is a common misconception that DeFi is truly decentralized and governed by autonomous code or smart contracts,” Tuang Lee Lim, Chair of IOSCO’s Board-Level Fintech Task Force, said in a statement. “In reality, regardless of the operating model of the DeFi arrangement, 'responsible persons' can be identified.” Original Source

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WFE Survey Finds Traditional Finance Exchanges Divided on Offering Crypto Services

As part of a study of cryptocurrency trading infrastructure the WFE surveyed its member exchanges, with 12 of the 29 respondents (41%) saying are already offering crypto-related products or services. A further seven plan to offer them in the future. More than a third said they had no such plans,

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London Stock Exchange to create traditional assets trading platform on blockchain

The London Stock Exchange (LSE) Group is reportedly planning on creating a blockchain-based platform that will be offering traditional financial assets.According to a report by mainstream media outlet Financial Times, the company has been looking into the potential of a blockchain-based trading venue for a year. LSE Group's head of

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