The Bank of England has proposed tighter regulations on stablecoins backed by reserves of assets like currencies and securities, citing concerns about financial stability. The rules would enforce stricter reserves, transparency, stress testing, and audits.
XRP price unexpectedly declined below $0.600 on Monday despite Bitcoin’s price crossing $42,000, likely due to a lack of interest from institutions that continue investing in Solana over XRP.
Yann LeCun believes achieving advanced, human-level AI is still decades away, contrasting the more optimistic near-term outlook from Nvidia’s CEO.
The price of Bitcoin surged past $42,000 for the first time in 20 months on Monday as investors anticipate the potential approval of a Bitcoin ETF in the US, while gold also hit an all-time high.
Solana co-founder Anatoly Yakovenko warned against describing the network as an “Ethereum killer,” arguing Solana and Ethereum can coexist despite similarities.
FTX and Alameda recently moved $22 million more in digital assets across various cryptocurrencies, adding to the over $500 million shuffled since their bankruptcy.
Interest is declining in once-hot meme coins Pepe and Shiba Inu while new gaming token NuggetRush sees presale surge 60x over projection thanks to its blend of gameplay and philanthropy.
Key potential catalysts for a Bitcoin price surge before 2023’s end include the Fed’s next rate decision, upcoming inflation data, and prospects for a spot BTC ETF approval in the US.
Cryptocurrency custody firm Copper plans to offer brokerage services for digital securities in Abu Dhabi beginning in 2024 through a new subsidiary called Copper Securities.
Spanish authorities arrested a pro-Pyongyang group founder accused of conspiring with a convicted researcher to help North Korea bypass US sanctions using crypto.
