SoFi CEO on launch of crypto trading: Blockchain and crypto are a supercycle technology just like AI

▶ Coinbase Website: Coinbase.com ▶ CEX Website: cex.io SoFi CEO Anthony Noto joins ‘Squawk Box’ to discuss the launch of crypto trading on its platform, how the product stacks up against the competition, his thoughts on bitcoin and crypto, and more. For access to live and exclusive video from CNBC subscribe to CNBC PRO: » Subscribe to CNBC TV: » Subscribe to CNBC: » Watch CNBC on the go with CNBC+: Turn to CNBC TV for the latest stock market news and analysis. From market futures to live price updates…

CFTC Crypto Oversight Is ‘Directionally Correct,’ Says Jeff Park

Despite some complexities around the recently proposed crypto market structure bill, a clearer picture is starting to form regarding crypto market oversight, according to ProCap BTC chief investment officer Jeff Park. “The CFTC will own a larger domain over crypto than the SEC,” Park said during an interview with crypto entrepreneur Anthony Pompliano published on YouTube on Friday, while emphasizing that there is still “lots of complexity with different stakeholders.” “I think that is directionally correct in my opinion,” he said. “The CFTC is in the business of financial innovation…

Bitfarms to Wind Down Bitcoin Mining Operations, Announces AI Pivot

Bitfarms’ CEO Ben Gagnon announced that the company was focused on abandoning the bitcoin mining business and converting its sites to support artificial intelligence workloads in the following two years. The company’s facility in Washington will be spearheading this change. Bitfarms to Close Down Bitcoin Mining Activities, Adapt Sites to Support AI Workloads The Facts […] Original

Analyst Says No Major Support Level Until $24

Keshav is currently a senior writer at NewsBTC and has been attached to the website since June 14, 2021. Keshav has been writing for many years, first as a hobbyist and later as a freelancer. He has experience working in a variety of niches, even fiction at one point, but the cryptocurrency industry has been the longest he has been attached to. In terms of official educational qualifications, Keshav holds a bachelor’s degree in Physics from one of the premier institutes of India, the University of Delhi (DU). He started…