US regulators deny blocking AI chip exports to Middle East
The U.S. Department of Commerce denied blocking AI chip sales to the Middle East and remained silent about whether the requirements were only imposed on specific countries. Go to Source
China
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China court declares virtual assets as legal properties protected by law: Report
Despite a blanket ban on cryptocurrencies imposed by Beijing in 2021, many Chinese courts over the years have established that virtual asset holders have property rights. Go to Source
US officials extend export curbs on Nvidia AI chip to ‘some Middle Eastern countries’
U.S. regulators have told AI chip maker Nvidia and its rival AMD to curb exports of high-level semiconductor chips used to develop AI to certain Middle Eastern countries. Go to Source
China’s Baidu and other tech companies release ChatGPT-like AI chatbots
Multiple Chinese tech companies launched their own ChatGPT-like AI chatbots for mass market use two weeks after China’s AI regulations came into force which requires prior government approval. Go to Source
Will Evergrande’s collapse have a silver lining for crypto?
This week, The Market Report discusses Grayscale’s victory against the SEC, the impact of Evergrande’s bankruptcy, and what happened to the 16 trillion PEPE tokens reportedly stolen. Go to Source
Chinese gov’t fires up the printer — How will it impact Bitcoin price?
China enacted a number of economic stimulus initiatives to bolster its stock market but will there be a down the pipeline impact on Bitcoin? Go to Source
The bright side of Evergrande’s collapse? More crypto volatility
Evergrande’s ongoing bankruptcy saga has significant macroeconomic implications — including for the global cryptocurrency market. Go to Source
Bitcoin traders pinpoint support levels as BTC price taps $26.2K
It’s all about the 200-week EMA and the area just below $26,000 if Bitcoin bulls are to stand a chance, BTC price analysis says. Go to Source
Crypto Biz: Coinbase-Circle re-alignment, Binance fiat hurdles, and USDC at Shopify
This week’s Crypto Biz explores the latest on Binance’s global on-ramps and off-ramps, Coinbase-Circle re-alignment, Shopify’s take on USDC and China’s blockchain data exchange. Go to Source
Does high US consumer debt benefit Bitcoin price?
Cointelegraph analyst and writer Marcel Pechman breaks down consumer debt and why it might lead to a good outcome for BTC. Go to Source