That’s why it’s imperative lawmakers not overlook decentralized AI as they begin to regulate AI. It’s probably human nature to ignore, considering the broader AI industry is exploding and dominated by some of the world’s biggest corporations. They’re acquiring startups, pushing advancements, and launching new products at a breakneck pace. While there’s nothing wrong with Microsoft, Meta, Alphabet, and others investing heavily in the industry, lawmakers need to create space for researchers, entrepreneurs, and developers to thrive as well; that entails among other things remaining vigilant on antitrust, and ensuring…
Category: ICO
Spot Crypto ETFs Prompted Bitwise to Rethink Its Fund Lineup
“Bitwise is likely just catering to things they’re hearing from clients and potential clients,” said James Seyffart, ETF analyst at Bloomberg Intelligence. “They have an actively managed division within Bitwise, so it makes sense to give it a try. We know there are investors looking to invest in bitcoin but who want to limit the volatility and particularly the downside volatility/drawdowns. I think that’s what this will aim to do. Whether or not it will be successful is something we will learn in the coming years, but timing the market…
Crypto Exchange Coinbase (COIN) to Delist Unauthorized Stablecoins in EU by December
Coinbase, the second biggest exchange, after Bybit, according to CoinGecko data, has been racing alongside other companies to become compliant with the European Union’s MiCA rules which require firms to be authorized in at least one EU country. Rules for stablecoins came into force on June 30, which require stablecoin issuers to have an e-money license in an EU member state to be able to operate in the bloc of 27 nations. Source
CoinDesk 20 Performance Update: APT Jumps 6.9% as the Index Rallies
Render joined Aptos as a top performer, gaining 6.3%. Source
Attention Bitcoin Bulls, China Stimulus May Have Lost Its Mojo
According to BCA Research, generating large bullish “credit impulses” is now a tough task for China. Source
Spot Bitcoin ETFs Register Net Outflows for Third Straight Day
The methodology used by Glassnode uses price stamping of bitcoin deposits to ETFs for the top three ETF issuers, which provides a rough break-even point for ETF investors. The data suggests, investors in Fidelity’s FBTC has a cost basis of $54,911, Grayscale at $55,943, and BlackRock $59,120. Source
Polymarket Bettors Say HBO Documentary Will Name Len Sassaman as Satoshi Nakamoto
But bettors are also confident that this won’t be the smoking gun Source
Bitcoin (BTC) and Gold to Benefit From Rising Geopolitical Tension and U.S. Election: JPMorgan
If the “Trump trade” plays out in a similar way to 2016, there should be higher U.S. Treasury yields, a stronger dollar, U.S. stock market outperformance, in particular banks, and tighter credit spreads, JPMorgan said. This shift has not happened yet, with only a small move higher seen in these markets. Source
Bitcoin’s Poor Start to Bullish October Continues, but There May Be Cheer Ahead for Bulls
Bitcoin is down over 6% since the start of October, data shows, a month that has only twice ended in the red since 2013 – chalking gains of as high as 60% and an average of 22% to make it the most best for investor returns. That has dented social sentiment on X, with some users being bearish about price recovery. Source
Crypto Payments Firm BCB Group Was the Subject of an FCA Investigation: Sources
The U.K financial services regulator issued the payments provider a 166 notice late last year Source