Artificial intelligence-linked cryptocurrencies extended their surge Monday after Nvidia CEO Jensen Huang laid out the company’s vision for the next phase of AI infrastructure during his keynote at Nvidia’s GTC developer conference. Among the big movers were AI-focused blockchain NEAR$1.5015, climbing more than 10% over… Read More
The week could prove pivotal for markets, including bitcoin BTC$73,685.87, with the U.S. Federal Reserve among seven major central banks set to announce interest-rate decisions while war-driven oil price gains threaten to reignite inflation in the global economy. Most of the central banks are expected… Read More
Though we’re still waiting on a lot of the formal rulemaking and proposed rulemaking from the federal securities and commodities regulators, last week’s memo is another sign that the SEC and CFTC are at least serious about signalling these efforts are coming. You’re reading State… Read More
Bitcoin BTC$71,859.13 rose through $72,000 during European hours on Friday, rising by 2% since midnight UTC and outpacing gains in U.S. equity indexes. Futures on the Nasdaq 100 and S&P 500 index dropped during Asian trading hours before recovering. Both are now in the green.… Read More
The U.S. markets regulators are melding their operations in the places where the duties of the Securities and Exchange Commission (SEC) and the Commodity Futures Trading Commission (CFTC) overlap, and building a crypto oversight framework is listed among the core aims of a written agreement… Read More
The banking industry has more to gain from the stalled U.S. Digital Asset Market Clarity Act, a bill aimed at regulating digital assets, than the crypto industry, according to Christopher Giancarlo, a former chairman of the country’s Commodity Futures Trading Commission (CFTC). “The banks need… Read More
