Lightspark has announced a new partnership with Revolut to enhance payment infrastructure using the bitcoin network in the UK and select European countries. This collaboration aims to eliminate delays and high network fees associated with traditional payment systems, enabling seamless transactions powered by advanced open technology. Revolut will connect to the open Money Grid, joining … Read more
Bias for Euro (EUR) is tilted to the downside vs US Dollar (USD); any decline is likely limited to a test of 1.1280. In the longer run, current price movements are likely part of a consolidation phase between 1.1225 and 1.1410, UOB Group’s FX analysts Quek Ser Leang and Peter Chia note. Any decline is … Read more
The latest weekly analysis shows that the cryptocurrency market is experiencing a significant divergence. Most regularly analyzed sectors have maintained a constant correlation with Bitcoin’s price movements. However, during the last week of October 2023, the AI sector dropped by over 7 percent. In stark contrast, some projects that operate on their own legal premises … Read more
Key Points: Trump administration lifts Biden-era AI chip restrictions, impacting markets. Semiconductor stocks rise pre-market as investors react positively. Policy change expected to expand markets and reduce compliance costs. In a significant policy shift, the Trump administration announced plans to lift AI chip export restrictions on May 8th. The policy reversal could notably enhance U.S. … Read more
Arthur Hayes didn’t pull punches in Dubai. At TOKEN2049, the ex-BitMEX chief laid out a straight-shot prediction: Bitcoin at $250K by the end of 2025. WTF Arthur?! You good bruh? Maybe it’s been Arthur who has been a /biz/ and Reddit mod all these years, trying to hype our bags. Arthur says we’ll see a … Read more
Robert Kiyosaki is back in the headlines, doubling down on Bitcoin while taking another swing at the dollar and gold. The Rich Dad Poor Dad author, never shy about calling fiat money a scam, now frames Bitcoin as the new gold—only leaner, faster, and less tied to governments he doesn’t trust. – Price Market Cap … Read more
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Is Bitcoin poised to hit $110,000? With $16B in leveraged shorts at risk of liquidation and strong institutional buying, BTCUSDT could surge to new all-time highs. Earlier this week, Changpeng Zhao, the founder of Binance, urged retail investors to buy Bitcoin now, stating they’ve had 15 years to invest. In an interview, Zhao predicted the … Read more
Edwin Rojas Ulo, president of the Central Bank of Bolivia, stated that the institution is currently consulting with international organizations regarding the design of a currency referred to as the “virtual boliviano,” which would facilitate international settlements. Central Bank of Bolivia to Launch Digital Currency With International Settlements in Mind Bolivia, which initially banned the … Read more
SafeMoon executives charged for defrauding investors. As former CEO John Karony faces trial, will victims of the 2021 collapse find justice? SFM tokens are now worthless. “I am innocent and did not commit fraud,” declared John Karony, co-founder of SafeMoon, a DeFi project that collapsed in December 2023 amid accusations of rug-pulling investors. The story … Read more