Billionaire Investor Paul Tudor Jones: Falling Inflation and Regulations Cast Doubt on Bitcoin. Billionaire investor Paul Tudor Jones recently expressed concerns about Bitcoin’s future. He believes that Bitcoin is becoming less attractive due to unfriendly regulations in the United States. Additionally, he sees the potential risks to Bitcoin’s price from lower inflation and related CPI…
Bitcoin financial services provider River secured significant funding in its Series B round, led by Kingsway Capital. Bitcoin company River has successfully raised $35 million in a funding round known as Series B. The round was led by investment firm Kingsway Capital and included participation from billionaire investor Peter Thiel. River provides various services related…
A little over half of the companies included in the survey participated by offering either complete or partial responses. Coinbase, Circle, and Ripple have confirmed that they undergo yearly audits conducted by Deloitte. According to reports, Bloomberg News conducted a survey involving 60 popular cryptocurrency companies. The survey included various types of entities such as…
The SEC stated that implementing regulatory changes will be a complex and time-consuming process, indicating no immediate action. The U.S. Securities and Exchange Commission (SEC) has asked the judge to reject Coinbase’s request for the agency to provide a response to their rulemaking petition. Coinbase had submitted the petition last year, seeking clarity on how…
Paul Grewal, Coinbase’s chief legal officer, expressed his concerns about the SEC’s response, stating that they are willing to responsibly regulate and supervise the sector instead of relying solely on enforcement measures. The U.S. Securities and Exchange Commission (SEC) has responded formally in court to Coinbase’s request for clear cryptocurrency regulations. The SEC stated that…
The recent increase in weekly decentralized exchange (DEX) trading volume on the BNB chain can be attributed to lower fees and the growing popularity of Binance, according to market analysts. Data source: (DeFiLlama) Data from DefiLlama shows that the weekly trading volume of decentralized exchanges (DEX) on Binance’s BNB Chain has reached its highest level…
MarketAcross, the leading blockchain PR and marketing firm, has been selected as the official global media partner for the Blockchain Futurist Conference, a highly acclaimed annual crypto event in Canada. As part of the partnership, MarketAcross will handle pre- and post-event marketing efforts, curate distinguished speakers, and utilize its extensive network to enhance the event’s…
Eun Young Choi stated that the Department of Justice (DoJ) is focusing on crypto exchanges that enable criminals to effortlessly profit from their unlawful activities and convert their ill-gotten gains into cash. According to the Financial Times (FT), the leader of crypto enforcement at the U.S. Department of Justice (DOJ) has pledged to take strong…
The Chinese government plans to train a minimum of 500,000 individuals in web3 skills through its newly established national blockchain research center. Additionally, the government aims to create a unified blockchain network that connects existing networks throughout the country. Even though bitcoin (BTC) and other cryptocurrencies are still prohibited in mainland China, the government recognizes…
According to reports, Amazon plans to use AI to reduce the distance between products and customers. This technology will have a positive impact on transportation, product search, and inventory management. Amazon is focusing on using AI to make deliveries faster by bringing products closer to customers. During an interview with CNBC on May 15, Stefano…