Crypto companies are beginning to return to the United States as top officials signal a shift toward friendlier regulation and domestic growth. In a Thursday speech at the America First Policy Institute, SEC Chair Paul Atkins called on the country to “reshore the crypto businesses that fled,” reinforcing a broader effort by the administration of
Athene Network, a robust decentralized platform utilizing blockchain and AI technologies, has announced its official migration from the Ethereum network to Binance Smart Chain. As a result of this migration, Athene has now adopted the BEP20 token standard for its native $ATN token. Athene, as the platform mentioned in the social media announcement, deems this
New data from the crypto analytics firm Swissblock suggests that Bitcoin (BTC) is gearing up to skyrocket even as its momentum turns negative. In a new thread on the social media platform X, Swissblock says the top crypto asset by market cap just needs to flip its momentum in order to reverse course and spark
The cryptocurrency markets continue bleeding out today. Bitcoin’s price dropped to a low of slightly above $113,000 while the majority of altcoins are having it much worse, as it’s almost always the case. As seen in the chart below, the price has been in a freefall since wicking to $118,000 on July 31st and has
Jurrien Timmer, head of global macro at asset management behemoth Fidelity, believes that the U.S. Federal Reserve could potentially restart quantitative easing (QE) engines. This is something that both Bitcoin and gold bulls have been anticipating. If the Fed lowers rates beyond what deems justified by the Taylor Rule, the yield curve could well bear-steepen
Key Takeaways American Bitcoin Corporation, backed by the Trump family, is set for a Nasdaq listing through a merger with Gryphon Digital Mining. Shareholder vote on the merger is scheduled for August 27, following SEC regulatory clearance. American Bitcoin Corporation (ABC), a Bitcoin mining firm backed by the Trump family and Hut 8, is one
Stability World AI is excited to announce its groundbreaking collaboration with Ai Xovia to transform the future of decentralized finance. This partnership aims to build more transparent, intelligent, and utility-driven systems by merging artificial intelligence (AI) with human-powered execution. Stability World AI, a decentralized financial infrastructure powered by AI, has announced the news via its
Famous financial commentator Peter Schiff has slammed the idea of creating a Bitcoin reserve as “the ultimate taxpayer boondoggle.” Schiff believes that making American taxpayers involuntary holders of the leading cryptocurrency would be worse than the Wall Street bailout that was enacted during the 2008 global financial crisis. He went as far as arguing that
U.S. stock indices fell as weak jobs data spooked investors, despite earnings beats from Apple and Amazon. Summary Dow Jones fell more than 600 points on weak jobs data. Apple stock fell despite strong earnings. Fed may have to lower interest rates to boost hiring. Weak jobs data hit stocks hard, despite improving odds of
Subzero Labs is betting that its newly-funded network Rialo, with its native event triggers and Web2-like reactivity, can reverse developer exodus from crypto. If it works, the Pantera-backed network could rewrite the rules of blockchain usability. Summary Subzero Labs has raised $20M led by Pantera Capital to launch Rialo, a new blockchain aimed at solving