Philippines SEC begins Binance ban countdown
The head of the Philippines SEC clarified that Binance and any other unregistered exchange issued with an advisory has three months before they’re banned from the country. Go to Source
Month: December 2023
Bitcoin bulls eye BTC price comeback as cash inflows echo late 2020
Bitcoin traders’ cold feet subsides as BTC price strength takes the market back to $43,000. Go to Source
Crypto in the well and snake villain star in FCA’s pixelated animation
The United Kingdom’s financial regulator has published a pixelated, video game-styled Wild West cartoon to enlighten investors. Go to Source
Opensource AI can outperform private models like Chat-GPT – ARK Invest research
In 2023, Yi 34B, Falcon 180B and Mixtral 8x7B emerged as some of the top open-source AI that showcased comparable performance to market leaders. Go to Source
Blockchain media authentication app eyes news journalism as primary use case
Tapping into underlying blockchain infrastructure, Nodle’s Click application allows users to authenticate media content for various use cases. Go to Source
Fed pause is a ‘green light’ for investors; here’s what it means for crypto
With the expectation of further rate cuts heading into 2024, analysts say this could be a “positive boost” for crypto stocks and investment products. Go to Source
Gemini creditors revolt over ‘brutal’ Bitcoin slashing reorg plan
Under the proposed plan, Gemini Earn users may only recover 61% of their lost funds in a worst-case scenario. Go to Source
Bitcoin ETF applicants will have to ‘bend the knee’ on cash redemption model
The SEC is pushing Bitcoin ETF issuers down the cash create route for creation and redemptions, but BlackRock has other ideas. Go to Source
More firms set to add Bitcoin to balance sheets after major rule change
The rules allow crypto-holding companies to now report their paper gains, not just losses, which industry observers say could give more firms confidence to buy. Go to Source
Bitcoin to surge to $80K as stablecoins overtake Visa in 2024: Bitwise
Bitwise isn’t alone in its bullishness on stablecoins with Circle CEO Jeremy Allaire predicting the explosive growth of the sector due to a “huge appetite” for digital dollars. Go to Source