Meta’s AI influencers on Facebook and Instagram risk restructuring the creator economy. Some analysts even believe the product poses a larger threat than the TikTok ban. According to Kyla Scanlon, Bloomberg’s opinion contributor, Meta AI’s generated content will flourish but might come at the cost of human livelihoods. Meta introduces AI influencers, which could push … Read more
Follow Nikolaus On 𝕏 Here For Daily Posts Last year on May 25, Donald Trump vowed to commute the sentence of early Bitcoin pioneer and Silk Road founder Ross Ulbricht to time served if elected president. As we all know, Trump won the election and will take office one week from today. This leaves a … Read more
The cryptocurrency market is currently experiencing a drastic downturn, characterized by historically low trading volumes and sharply reduced capital inflows. As trading activity dropped to levels not seen since November, investors are expressing caution amid macroeconomic uncertainties. “The current stagnation in crypto trading could foreshadow a potential rebound once market sentiment improves,” COINOTAG analysts suggested. … Read more
Bitcoin’s fall below $90,000 is a negative sign, but the bulls are expected to vigorously defend the $85,000 level.
The company now owns more than $192 million worth of BTC and touts a “Bitcoin yield” of more than 99%, it said.
The White House has set new standards for selling advanced AI chips by Nvidia Corporation and other software firms. These regulations are set to take effect during the Trump administration, allowing them to determine how or whether they will implement the policies. The curb, which has seen fierce resistance from the industry and will become … Read more
Ethan Peck, a shareholder of Meta, officially submits a proposal urging the social media company to consider adding Bitcoin to its treasury. Peck submitted the proposal on behalf of his family, which owns shares in Meta. Tim Kotzman, the CEO and founder of Jubilee Royalty, shared the development over the weekend on X. Meta Urged … Read more
A panel of three judges said they would not force the SEC to implement rulemaking on crypto but referred to the commission’s “fogginess” potentially harming digital asset firms.
Welcome to Latam Insights Encore, a deep dive into Latin America’s most relevant economic and cryptocurrency news from the past week. This edition examines how bitcoin can help grow El Salvador’s tourism industry. Latam Insights Encore: El Salvador’s Bitcoin Push Will Bring Its Tourism Industry to New Heights The Salvadoran tourism industry is having a … Read more
The co-founder and head of research at Fundstrat Global Advisors says Bitcoin (BTC) needs to crash out a bit harder before bouncing back in a big way. In a new interview with CNBC, Tom Lee makes his case for why he thinks BTC will be a top-performing asset this year after it falls a bit … Read more