Neurolov, an advanced decentralized computing ecosystem, has started an exclusive collaboration with Qitmeer Network, a public blockchain entity. The main objective of this collaboration is to unfold new opportunities for artificial intelligence (AI) and Web3 innovation through a decentralized compute and payment ecosystem. 🤝 Partnership Announcement 🤝 We’re thrilled to partner with @QitmeerNetwork 🌐 Qitmeer
Variant Fund chief legal officer Jake Chervinsky maintains that decentralized public blockchains remain the regulatory standard for product development, despite recent announcements of corporate-controlled layer-1 (L1) networks. Chervinsky argued on X that many new L1s built by companies for product-specific reasons are “unnecessary” and “unhelpful” from a regulatory perspective. He noted that no US regulator
The Central Bank of Bolivia announced that its national CBDC, the digital boliviano, will be launched later this month. The move is part of a push to modernize the Bolivian payment pipeline and offer a regulated option to counter other alternatives. Central Bank of Bolivia to Launch CBDC This Month Latam countries are increasingly looking
Mizuho Bank stated that the August US nonfarm payrolls report clearly revealed the weakening of the labor market. According to the report, employment, working hours, and income growth rates have fallen back to pandemic-era levels. The bank stated that regardless of inflation’s trajectory, the Fed is almost certain to cut interest rates at its September
Traders who predict Bitcoin will reach its cycle-high price by the end of this year may be misunderstanding the principles of statistics, a Bitcoin analyst says. It comes as several analysts have been forecasting the outcome for Bitcoin (BTC) in recent times. “Anyone who thinks Bitcoin has to peak in Q4 of this year does
Several financial institutions and market analysts are now projecting the US Federal Reserve, the country’s central bank, will slash interest rates from the current target rate of 4.25%-4.5% at least twice in 2025. The banking forecasts followed a weak August jobs report that saw only 22,000 jobs added for the month, versus expectations of about
Key Takeaways Strategy’s Bitcoin purchases remain unaffected by new Nasdaq regulations. Nasdaq now requires shareholder approval before companies can issue new shares for crypto purchases. Strategy confirmed today that Nasdaq’s new regulations on digital asset treasury formations will not impact its operations, including ATMs and capital markets activities. This indicates that its Bitcoin accumulation plans
Michael Saylor’s Strategy (MSTR) missed out on being added to the S&P 500 index on Friday, despite hopes of inclusion after the company posted one of the strongest quarters in its history and met all criteria for joining the index. The stock of the largest corporate bitcoin BTC$110,656.19 holder declined nearly 3% after market hours,
The U.S. Bureau of Labor Statistics (BLS) has reported a significant BLS data error with its website’s data search tool. This comes at a crucial time, just before the release of key economic indicators like non-farm payrolls and the unemployment rate. For cryptocurrency investors, this isn’t just a technical glitch; it’s a development that could
Cryptocurrency analyst Timothy Peterson has shared a remarkable seasonal analysis of Bitcoin’s price movements. According to Peterson, September 21st is the worst day of the year for Bitcoin. The analyst argued that there’s about an 80% chance Bitcoin will fall on that date. According to Peterson’s data, the average daily loss on September 21st was