Crypto News
-
Google is scrambling to remove a wave of incorrect or even dangerous answers from its controversial AI-powered search results — including one answer that advised users to eat rocks for nutrition. The embattled Big Tech giant has faced a major backlash for spreading misinformation since the tool, dubbed AI Overviews, was rolled out in the US this month. ...
-
A federal judge has sentenced former FTX Digital Markets co-CEO Ryan Salame to 7.5 years in prison after pleading guilty to two felony charges. In a May 28 hearing in the U.S. District Court for the Southern District of New York, Judge Lewis Kaplan ordered Salame to serve 7.5 years in prison for conspiracy to operate an unlicensed money-transmitting ...
-
The Ethereum network made headlines last week with the SEC’s surprise rule change approval, opening the door for ether ETF approvals. While potential spot ether and spot bitcoin ETFs share some similarities, foundational differences in the two cryptocurrencies make for very different use cases for investors. The SEC approved applications from several ...
-
Bank of Japan board member Seiji Adachi: • Changing monetary policy frequently to stablise FX moves would lead to big changes in rate moves. • If interest rate moves are too big, that would cause disruptions in household and corporate investment. • Responding to short-term fx moves with monetary policy would affect price stability. • If excessive yen falls ...
-
Bitcoin price jumped above the psychological level of $70,000 in the overnight session as sentiment in the industry improved. The BTC/USD pair was trading at 70,100 as bulls targeted last week’s high of over 72,000. Bitcoin’s rally has accelerated after the Securities and Exchange Commission (SEC) gave its blessing for three spot Ether ETFs. These funds ...
-
Google is scrambling to remove a wave of incorrect or even dangerous answers from its controversial AI-powered search results — including one answer that advised users to eat rocks for nutrition. The embattled Big Tech giant has faced a major backlash for spreading misinformation since the tool, dubbed AI Overviews, was rolled out in the US this month. ...
-
Federal Reserve Bank of Minneapolis President Neel Kashkari said the US central bank’s policy stance is restrictive, but policymakers haven’t entirely ruled out additional ...
-
Economists are debating how AI might reshape the U.S. job market and boost productivity growth in the decades ahead. But a new paper finds that such benefits will be harder to ...
-
I’m fresh off the plane from Las Vegas—and no, I wasn’t hitting the slots, though the city’s Harry Reid International Airport sure hit the jackpot with a record-breaking 57.6 ...
-
The monthly CPI indicator rose 3.6% in the 12 months to April. The most significant price rises were Housing (+4.9%), Food and non-alcoholic beverages (+3.8%), Alcohol and tobacco ...
-
The Conference Board Consumer Confidence Index® rose in May to 102.0 (1985=100) from 97.5 in April (a slight upward revision). The Present Situation Index—based on consumers' ...
-
Bank of Japan board member Seiji Adachi: • Changing monetary policy frequently to stablise FX moves would lead to big changes in rate moves. • If interest rate moves are too big, ...
-
Bitcoin prices have come under fresh selling pressure today. Following a firm push higher yesterday, BTC futures have shed almost 5% from Monday’s peak. The driver behind the move is news that the failed crypto exchange Mt. Gox is beginning to offload the roughly $9 billion worth of Bitcoin held in its bankruptcy estate. Mt. Gox Crypto Moves On Watch ...
-
Bitcoin price jumped above the psychological level of $70,000 in the overnight session as sentiment in the industry improved. The BTC/USD pair was trading at 70,100 as bulls targeted last week’s high of over 72,000. Bitcoin’s rally has accelerated after the Securities and Exchange Commission (SEC) gave its blessing for three spot Ether ETFs. These funds ...
-
BitMart, a global cryptocurrency exchange, has announced the addition of the Euro (EUR) to its peer-to-peer (P2P) trading marketplace. This new feature aims to provide European users with enhanced opportunities for cryptocurrency trading. Diverse Exchange Rates for User-Seller Deals: The P2P trading platform at BitMart allows users to interact with multiple ...