2025 ‘demand shocks’ will spike Bitcoin’s price — Sygnum
Meanwhile, altcoins may flounder unless the United States passes rules favoring crypto adoption, the asset manager said. Go to Source
Month: December 2024
Australia fines Kraken operator $5M for regulatory breaches
Kraken Australia operator Bit Trade must pay $5 million plus the cost of court proceedings after the Federal Court sided with the country’s corporate watchdog. Go to Source
Bitcoin Educator Sounds Alarm on Centralization Risk
The concerns were in response to Michael Saylor’s suggestion that the U.S. should quadruple its planned strategic reserve and exert influence over the Bitcoin network. Saylor Calls for U.S. To Purchase up to 25% of Total Supply Bitcoin educator Anita Posch, founder of non-profit organization Bitcoin for Fairness posted a warning on X about the … Read more
Bitcoin Educator Sounds Alarm on Centralization Risk
The concerns were in response to Michael Saylor’s suggestion that the U.S. should quadruple its planned strategic reserve and exert influence over the Bitcoin network. Saylor Calls for U.S. To Purchase up to 25% of Total Supply Bitcoin educator Anita Posch, founder of non-profit organization Bitcoin for Fairness posted a warning on X about the … Read more
Vancouver passes motion to become a ‘Bitcoin-friendly city’
Six councilors supported the motion, while two opposed it over concerns about the potential use of digital assets in illicit activities and the environmental impacts of mining. Go to Source
SEC Commissioner Caroline Crenshaw committee vote postponed: Report
SEC Commissioner Caroline Crenshaw’s renomination vote was postponed, leaving her role at the agency up in the air. Go to Source
RMIT to make Blockchain Hub a part-time gig, hints at resource crunch
The Royal Melbourne Institute of Technology’s Blockchain Innovation Hub will no longer exist in its current dedicated form starting in 2025. Go to Source
Trump’s Tariff Threat Prompts China to Consider Yuan Devaluation
China’s top leaders are considering allowing the yuan to weaken in 2025 to counter potential U.S. trade tariffs under Donald Trump’s presidency. Trump plans to impose a 10% universal import tariff and a 60% tariff on Chinese imports. A weaker yuan could make Chinese exports cheaper, mitigating the tariff impact, and creating looser monetary settings … Read more
OpenAI apologizes for outage after Apple update combines Siri and ChatGPT
ChatGPT went down globally around 11:07 pm UTC on Dec. 11 but has started coming back online in some regions of the world. Go to Source
Solana Unveils First AI Hackathon With Over $185,000 in Cash Prizes
The hackathon emphasizes leveraging Solana’s high-performance blockchain to support the deployment of AI agents on-chain. Solana Wants Innovative AI Agents Solana has launched its first artificial intelligence (AI) hackathon, marking a significant milestone in integrating artificial intelligence with blockchain technology. The event offers over $185,000 in cash prizes to incentivize global developers and innovators to … Read more
