Bernstein reiterated in a report that Bitcoin is regaining momentum and will return to the $150,000 trajectory next year. The company's senior analyst Gautam Chhugani explained that the recent dip in Bitcoin to $57,000 doesn't imply a permanent decline.
AlexRussia has announced a nuclear exercise, and Bitcoin has retracted to $63,700, giving up its overnight gains. The market remains cautious about the potential repeat of intense volatility brought about by the Russia-Ukraine conflict.
MiyukiCongressman John Rose criticizes the SEC for its action against Robinhood, urging the agency to protect investors without stifling innovation.
WeiliangDecentralised AI may be an emerging player but it lacks maturity. Conversely, centralised AI dominates the current landscape, with established tech giants and organisations deploying centralised AI solutions extensively.
CatherineSouth Korea excludes cryptocurrency donations but allows stablecoins and blockchain gift certificates in charity contributions, reflecting concerns about scams. Despite high crypto adoption, regulatory contradictions aim to balance innovation with investor protection in South Korea's evolving financial landscape.
WeatherlyA trade agreement between China and Hong Kong could potentially allow mainland investors to purchase Bitcoin spot ETFs in Hong Kong.
AlexAs regulatory pressure mounts, an increasing number of privacy-centric cryptocurrency services are either discontinuing their operations or restricting access for users based in the US.
KikyoShou Zi Chew, a Singaporean CEO, transitioned from banking to lead TikTok, showcasing remarkable talent and resilience. His journey underscores Singapore's global presence in tech leadership and inspires future generations in the nation's dynamic landscape.
AnaisThe U.S. Securities and Exchange Commission (SEC) stated that the crypto market is rife with fraud and investors aren't receiving critical information disclosures. The Chairman of the Commodity Futures Trading Commission (CFTC) warned that a new enforcement cycle will emerge within two years.
AlexBankrupt exchange FTX announced that 98% of creditors will receive a 118% cash repayment, with disbursement starting as early as September.
Miyuki