Trump criticizes CBDC and artificial intelligence as “dangerous†| CoinDesk JAPAN
Former President Donald Trump, the leading Republican candidate for the US presidential election, called artificial intelligence (AI) “dangerous†in an interview with Maria Bartiromo of Fox Business. “It’s scary,†he said, underscoring the horror of deepfakes, which can do anything…
Coinbase report points out that selling pressure has dried up as miner selling continues ahead of Bitcoin halving
Macroeconomics and financial markets In the US New York stock market on the 2nd of last weekend, the Dow Jones Industrial Average closed 134.5 points (0.35%) higher than the previous day, and the Nasdaq Index closed 267.3 points (1.7%) higher….
Genesis Global settles with SEC, agrees to pay 3 billion yen fine
Settled with SEC in unregistered securities lawsuit Genesis, a cryptocurrency financing company that went bankrupt in 2023, and the U.S. Securities and Exchange Commission (SEC) have reached a settlement in which Genesis will pay approximately 3.1 billion yen ($21 million)…
Why is the hoax that “Bitcoin consumes a lot of water†spreading? | CoinDesk JAPAN
You may have heard the fuss over an editorial published in a scientific journal that purportedly detailed how Bitcoin uses up a lot of water and destroys the environment. This commentary was picked up and spread by mainstream media despite…
Hong Kong to regulate virtual currency OTC platforms
Policy to regulate OTC Christopher Hui, director-general of Hong Kong’s Financial Services and Treasury Board (FSTB), argued on the 2nd that over-the-counter trading (OTC) of crypto assets (virtual currencies) needs to be regulated. He said that soon he plans to…
Nevada Republicans’ Caucus Adds Chaos and Confusion to the State’s Presidential Primary
by Anjeanette Damon ProPublica is a nonprofit newsroom that investigates abuses of power. Sign up for Dispatches, a newsletter that spotlights wrongdoing around the country, to receive our stories in your inbox every week. When Sarah Lee Hooper’s mail-in ballot…
Traders look forward to a “lucky year of the Dragonâ€â€”Bitcoin remains flat for now | CoinDesk JAPAN
On the last business day before East Asia’s Lunar New Year holiday, Bitcoin (BTC) remained flat above $42,000, while the CoinDesk 20 Index (CD20) was trading at 1,643, according to data from CoinDesk Indices. It is down 0.75%. Over the…
Korean Financial Supervisory Service discusses Bitcoin ETF with SEC: Report | CoinDesk JAPAN
Lee Bok-hyun, director of the Financial Supervisory Service (FSS), said the company plans to continue discussions with the U.S. Securities and Exchange Commission (SEC), with the focus on Bitcoin spot ETFs (exchange traded funds). . Hankyoung.com reported on February 5th….
Michael Burry: Double Down When Other Investors Are Crying “Get Me Out!â€
In his 2001 Scion Capital Letter, Michael Burry explained why he embraces short-run declines, and doesn’t fear long-term impairment of his net worth. Here’s an excerpt from the letter: As I have noted in previous letters, I will always choose…
If You Invested $1,000 In Bitcoin When El Salvador Announced Crypto As Legal Tender, Here’s How Much You’d Have Today
The country of El Salvador has been among the most pro-cryptocurrency countries thanks to legally adopting Bitcoin (CRYPTO: BTC) as legal tender back in 2021. With pro-Bitcoin President Nayib Bukele winning re-election, the crypto and country could be back in…