Crypto News
Crypto Reverses Early Gains, Bitcoin Dives Back to $69K
Prices had rallied early in U.S. trading on Friday alongside a soft economic data and a rebound in stocks.Source link
Trump Advisor Vivek Ramaswamy Adds Bitcoin to $1.7 Billion Asset Management Firm
Financial services firm Strive, which was co-founded by Donald Trump advisor Vivek Ramaswamy, will begin offering Bitcoin under a new wealth management business.Source link
Spot Bitcoin ETFs Post Modest Gains – Which Funds Soared and Which Stumbled?
Spot bitcoin exchange-traded funds (ETFs) posted mild gains on Thursday, following a week packed with significant capital inflows. Thursday’s Crypto ETF action The 12 U.S.-based spot bitcoin ETFs collectively pulled in $32.14 million in fresh inflows during Thursday’s trading according to sosovalue.xyz stats. Leading the way, Blackrock’s IBIT saw a substantial intake with $318.8 millionSource link
Plan a Crypto Mine Near a U.S. Military Base? Expect a Bigger Hassle Now.
Foreign real estate deals near sensitive U.S. military bases will get more government scrutiny under a new rule from the U.S. Department of the Treasury that has emerged after President Joe Biden ordered a China-tied crypto mining operation beside a Wyoming nuclear missile base shut down earlier this year.Source link
With Decentralized AI and Tokenized Ownership, We Can Fight ‘The Six’
Orthodox venture capital will never provide the resources for decentralized AI to take on Microsoft, Alphabet, Apple, et al. The only way is to supplant equity financing with user-owned, token-based systems, says Michael J. Casey, Chairman of The Decentralized AI Society.Source link