The following is a guest post and opinion of Eneko Knörr, CEO and Co-Founder of Stabolut. Months ago, in an op-ed for CryptoSlate, I warned that the EU’s flagship crypto regulation, MiCA, would achieve the opposite of its goals. I argued it would strangle euro innovation while cementing the US dollar’s dominance for a new
Bitcoin is in no rush to pick a direction. The world’s largest cryptocurrency has been bouncing between support and resistance. Right now, Bitcoin is holding support between $106,700 and $107,600. Every dip into this zone has been met with buying. On the other side, resistance around $113,000 to $113,500 has been tough to break, keeping
Christian Catalini, the co-creator of the Diem project and the chief strategy officer at the crypto firm Lightspark, is outlining how the corporate world should tackle Bitcoin (BTC). In a post for the Harvard Business Review, Catalini says that the financial world is moving toward a “money-as-software” thesis, with the Bitcoin network positioned as the
Stablecoins like USDt have become the de facto currency for millions of people navigating a crumbling financial system in Venezuela as the country’s annual inflation rate surges to 229%. Once limited to crypto-savvy users, Tether’s USDt (USDT), often referred to locally as “Binance dollars,” is now widely used across Venezuela for everything from groceries and
Billionaire investor Ray Dalio issued a stern warning about the possibility of a Fed interest rate cut. According to Dalio, a rate cut could lead to a depreciation of the dollar and a drop in stock prices. Speaking during a Reddit Q&A session, Dalio said, “If the Fed cuts interest rates, short-term rates and the
ICB Network, a Layer-1 PoS chain, today announced a strategic alliance with Okratech, a decentralized platform for Web3 products. The advancement brings native support for Okratech into the ICB Network, enabling Okratech’s customers to efficiently access ICB’s ecosystem of DApps and offerings from their wallets. By adding Okratech to its chains of supported protocols, ICB
Strategy co-founder and executive chairman Michael Saylor has seen his net worth soar by $1 billion since the start of the year, coinciding with his debut on the Bloomberg Billionaire 500 Index. Saylor ranks 491st on the Bloomberg Billionaire Index with an estimated net worth of $7.37 billion, up 15.80% since Jan. 1. Over the
Temrinus, a popular PayFi platform, has partnered with Rabbiti AI, an AI-led blockchain entity. The partnership aims to contribute to the wider Web3 adoption within the APAC region with tokenized and DeFi transfers. As the official announcement from Terminus discloses, the collaboration is set to integrate no-code AI instruments and the ecosystem of $RIAI token
Crypto venture funding surged past $700 million last week, driven by a blockbuster $350 million M&A deal and a wave of AI- and infrastructure-focused projects. From Aug. 31 to Sept. 6, 13 crypto ventures collectively raised $709.6 million, with AlloyX Limited’s M&A transaction leading the pack. Infrastructure platforms and AI-powered startups, including Kite AI, Aria