Kraken has joined a pilot program for Eightco’s INFINITY authentication platform, addressing challenges related to regulatory compliance and AI-enabled fraud. The exchange has not disclosed the pilot’s duration or evaluation criteria. Exchanges Face Evolving Compliance Requirements Kraken maintains 12 regulatory registrations and licenses, including Money Services Business registration with FinCEN in the US and FINTRAC
Peter Brandt, one of the most well-known commodities traders, has stated that he has shorted Bitcoin (BTC). Despite being a long-term holder of the flagship cryptocurrency, Brandt is currently bearish based on the megaphone pattern. “No tips. It is brutal. I hate when I have to bisect my brain. It is actually painful. Mostly happens
Concordium (CCD), a L1 chain focused on confidentiality and legal compliance, announced a strategic collaboration with Transak, a decentralized payments infrastructure for virtual currencies and stable assets. Concordium is a permissionless L1 chain designed for institutions looking for compliance without infringing customer confidentiality, enabled by ZKPs and an integrated identity verification layer. According to the
Bitcoin’s price sharp fall (dip) to $106,200 right before Halloween spooked the market, wiping nearly 5% within hours. But what followed was equally quick — a near 4% rebound (surge) that pushed the price back above $108,700, turning a breakdown into a sharp bounce. This dip-surge play has caught traders’ attention. It may not have
ULTILAND, a prominent Web3-based RWA launchpad, has announced a partnership with NEXST, an AI-powered Web3 entertainment platform. The partnership aims to revolutionize the entertainment sector with the merger of next-gen artificial intelligence (AI), Intellectual Property (IP), and Real-World Assets (RWAs). As revealed in the official social media announcement shared by ULTILAND, the collaboration is a
Hong Kong is setting its sights on the next phase of digital finance as the Hong Kong Monetary Authority (HKMA) advances its central bank digital currency (CBDC) agenda and strengthens data connectivity across the financial ecosystem. Eddie Yue, Chief Executive Officer (CEO), HKMA, shared these plans in his latest article, which also outlined the achievements
The digital asset dipped below $107K on Thursday as concerns over excess investment in AI by tech giants triggered a stock market selloff. Bitcoin Slides as Anxiety Over an AI Bubble Roils Stock Markets Alphabet and Meta will shell out roughly $93 and $72 billion, respectively, for artificial intelligence (AI) development in 2025. Microsoft has
Bitcoin’s BTC$109,611.63 rally has lost momentum since June, leaving prices largely rangebound above $100,000. This has emboldened some analysts who believe in the traditional four-year bitcoin cycle, warning that a tough bear market could be looming. However, a longer-term indicator offers a glimmer of hope for bulls – the 200-week simple moving average (SMA), currently
Societe Generale interest rate strategist Subadra Rajappa said market participants’ expectations of a Fed rate cut are unrealistic. According to Rajappa, markets are still pricing in too much easing in monetary policy, despite Fed Chair Jerome Powell making it clear in December that a rate cut was not a certainty. Rajappa argued that the Fed
The Federal Reserve’s decision to end its quantitative tightening program has placed the crypto markets at a critical juncture, with investors weighing whether this pivot will reignite Bitcoin’s bull run or lead to a repeat of its 2019 post-policy slump. Federal Reserve Chairman Jerome Powell’s comments on Tuesday hinted at an end to the central