Bitcoin Rally Driven By Coinbase Users? Premium Would Say So

The Bitcoin Coinbase Premium Gap has been positive during the past few days, implying the surge above $27,000 may be driven by the platform’s users. Coinbase Users Have Been Participating In Aggressive Bitcoin Buying Recently In a new post on X, the CryptoQuant Netherlands community manager, Maartunn, has pointed out how there appears to have been buying going on at Coinbase recently. The relevant indicator here is the “Coinbase Premium Gap,” which keeps track of the difference between the Bitcoin prices listed on the cryptocurrency exchanges Coinbase and Binance. The…

CZ Denies Binance.US Used Ceffu or Binance Custody as SEC Probe Continues

BAM “relies on wallet custody software developed by BHL to maintain the digital asset wallets that hold much of its customers’ assets,” said a Sept. 12 court filing by Binance.US, which is seeking to shake off SEC charges it operated an unregistered crypto exchange, adding that when the company later “learned that BHL was planning to market the software commercially under the name ‘Ceffu,’ it adopted the name as a shorthand reference to the software, including in correspondence with the SEC.” Source BinanceBinance.USCeffucontinuesCustodyDeniesProbeSEC CryptoX Portal

Microsoft Is Gradually Closing In on Apple as It Eyes Position as World’s Largest Stock

Although hundreds of billions away, Microsoft’s valuation is gradually closing in on that of Apple, racing to become the world’s largest. Microsoft Corporation (NASDAQ: MSFT) is making progress with its valuation and seems ready to give Apple Inc (NASDAQ: AAPL) a run for its money. The company’s valuation is now moving closer to Apple’s as it races to overtake the iPhone maker as the world’s largest company by market cap. According to Marketwatch data as of writing time, Apple shares have climbed 0.42% this month, lower than Microsoft’s 2.05%. In addition, the year-to-date…

Google’s Bard Introduces Fact-Check Features, Brings Bard to Maps, Gmail, YouTube

With the new Google’s Bard extensions, users have control on deciding whom to give access to their data. These extensions can also work together and collaboratively. In the latest update, Google’s AI platform Bard has introduced a double-check feature along with the ability to connect the Bard chatbot with Google apps and services. This includes Google Docs, Gmail, Drive, YouTube, Maps, Google Flights, and hotels. Google will make these services available through new Bard extensions and only in English for the time being. Initially introduced at Google I/O, the company…

Bitcoin investment loss leads to domestic shootout and police standoff

A loss incurred in a Bitcoin (BTC) investment in Thailand resulted in a man shooting his wife and then having a six hour-long standoff with local police forces. According to a Sept. 18 report by local news outlet Thaiger, the 35-year-old husband named Kritsada shot his 31-year-old wife  Pitsamai with a handgun and barricaded himself in their home. He surrendered to the authorities after a six-hour standoff with the police that included negotiations involving his sister. Officer Manas Atthadod from Uthai Police Station explained that the man — who also…

TikTok Introduces New AI Content Labels for Enhanced Transparency

Starting this week, TikTok plans to begin testing the “AI-generated” labels, which will automatically mark content identified as having been edited or created using AI. In response to the increasing use of artificial intelligence (AI) in content creation, TikTok has unveiled a new feature to enhance users’ transparency on the platform. On September 19, the social media giant announced its plans to introduce new tools and technologies that allow content creators to label AI-generated content voluntarily. The company, owned by the Chinese tech firm ByteDance, is also exploring automated methods…

Circle launches USDC stablecoin on Polkadot Asset Hub

USD Coin (USDC), the second-largest stablecoin by market capitalization after Tether (USDT), continues expanding across different blockchain networks, now being launched on Polkadot. USDC issuer Circle has officially launched USD Coin on the Polkadot network, the firm announced on Sept. 19. According to the Circle’s website, Polkadot USDC is immediately available for developers and users as the stablecoin can now be transferred to parachains in Polkadot via the XCM protocol using Circle Account and Circle APIs. According to the announcement, Polkadot USDC is natively issued on Polkadot Asset Hub, a…

Apple’s Woes in China Persist as Huawei Makes Huge Chip Breakthrough

Aside from the popular Apple and Samsung brands, Huawei is probably one of the few other companies that has designed its smartphone processor. Another threat may just have added to the number of issues that Apple Inc (NASDAQ: APPL) currently faces in China. Despite the pertinent geopolitical and economic threats to its existence in the region, the giant tech firm now faces an additional challenge from a resurgent Huawei. That is because China’s biggest semiconductor manufacturer SMIC has made a remarkable breakthrough by producing a chip for the smartphone maker.…

XEC Token Spikes 15% In The Last Week, Can It Sustain Rally?

XEC has continued its uptrend today, September 19, following a sharp spike from $0.000022 to a high of $0.000028 on September 18. This price move represents a nearly 23% increase. Although there’s been a slight pullback, its price remains around $0.000027. In the early hours of today, XEC traded at $0.000027, with a 15% 24-hour price increase.  But as of the time of writing, XEC traded at $0.000026, with a 4% decline in the last 24 hours. Nonetheless, its trading volume remains up by 311% in the last 24 hours,…