The Fed is expected to deliver its first interest rate cut since the pandemic, which could introduce more volatility before the next Bitcoin leg up. Read More at https://cointelegraph.com/news/bitcoin-volatility-us-interest-rate-decision-analysts?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Author Archives: pdgweb
Hong Kong prepares AI guidelines for finance sector
Hong Kong’s government plans to regulate AI in finance by issuing policies at the upcoming FinTech Week. Read More at https://cointelegraph.com/news/hong-kong-government-prepares-ai-guidelines-finance?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Privacy is missing ingredient for business blockchain adoption: EY exec
Paul Brody, EY’s global blockchain leader, highlights how privacy is the missing piece for blockchain adoption in businesses and provides potential solutions to enterprise concerns. Read More at https://cointelegraph.com/news/blockchain-needs-privacy-business-adoption?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Bitcoin trader says it's still 'too early' to call BTC price bottom
BTC price performance fails to convince commentators that Bitcoin is out of the woods. Read More at https://cointelegraph.com/news/bitcoin-trader-still-too-early-call-btc-price-bottom?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
DBS to launch crypto options and structured notes for institutions
While DBS did not say the exact date, the banks said that the newly-announced crypto offerings will begin some time on the fourth quarter of 2024. Read More at https://cointelegraph.com/news/dbs-bank-launches-crypto-options-structured-notes?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Circle’s USDC stablecoin to launch on Sui network
The UDSC stablecoin will soon become natively supported on the Sui network through the Cross-Chain Transfer Protocol. Read More at https://cointelegraph.com/news/usdc-stablecoin-sui-cctp-launch?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Blockchain could help UK’s $14.5T payments sector, says trade group
Trade group UK Finance hailed experiments on the Regulated Liability Network as a success but called for further talks with regulators to develop the system. Read More at https://cointelegraph.com/news/uk-blockchain-regulated-liability-network-experimental-phase-success?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Bhutan has twice as much Bitcoin as El Salvador, says Arkham
Bhutan’s investment arm, Druk Holdings, holds more than 13,000 BTC, which is more than double El Salvador’s stash. Read More at https://cointelegraph.com/news/how-bhutan-quietly-acquired-twice-bitcoin-than-el-salvador?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Intel shares jump 6% after plan to spin off AI chip-making arm
Intel shares closed higher following a new plan to spin off its AI-focused foundry business into an independent subsidiary capable of raising outside funding. Read More at https://cointelegraph.com/news/intel-shares-jump-plans-spin-off-foundry-chipmaking-business?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
AI scientists urge ‘contingency plan’ in case humans lose control of AI
In an open letter, scientists shared worry that the loss of human control or malicious use of AI systems could lead to catastrophic outcomes for all of humanity. Read More at https://cointelegraph.com/news/ai-scientists-worried-humans-lose-control-ai-open-letter?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound