The world’s largest cryptocurrency by market capitalization fell Thursday as traders watched Friday’s U.S. jobs report cautiously. The Dow Jones Industrial Average rose 0.1%, while the S&P 500 rose only 0.8%.The monthly US jobs report will provide further signals on whether current monetary policy is addressing inflation. It may also provide interest rate expectations before the Federal Reserve’s final meeting of the year on December 13.bitcoin BTC -1.00% which tends to be correlated with major stock indices, was down 1.2% at 1:22 PM ET. Changed hands for $43,383.Open interest still indicates optimistic expectations.Despite two days of slight declines, open interest…
Author: Crypto Flexs
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Binance founder Changpeng Zhao, better known as CZ, has recently been grappling with serious legal hurdles in the United States. In the high-profile case, his guilty plea led a federal judge in Seattle to impose movement restrictions on him.advertising Former Binance Boss CZ Is Restricted To US Soil CZ, a central figure at Binance, pleaded guilty to failing to establish anti-money laundering measures and violating US sanctions. His plea, which included resigning as CEO, had a significant impact on both him and the cryptocurrency exchange. U.S. District Judge Richard Jones on Thursday overturned an earlier ruling that had allowed Zhao…
Phoenix partners with largest Helium hardware provider to launch AI compute miner – Chainwire housenewsroomPhoenix partners with largest Helium hardware provider to launch AI compute miner We use cookies to make your experience on Chainwire’s website better. Cookies help us give you a more personalized experience, relevant advertising and provide us with web analytics. Technical storage or access is strictly necessary for the legitimate purpose of enabling the use of a specific service explicitly requested by the subscriber or user or for the sole purpose of carrying out the transmission of communications over an electronic communications network. Technical…
Purple Llama is a major project released by Meta on December 7th. The goal is to improve the security and benchmarking of generative AI models. Focused on open source tools that help developers evaluate and strengthen the trust and safety of the AI models they create before deployment, the program represents a significant advance in the field of artificial intelligence. Under the Purple Llama umbrella project, developers can create open source tools to improve the security and reliability of generative AI models. Many AI application developers, including large cloud providers such as AWS and Google Cloud, chip manufacturers such as…
A decentralized finance (DeFi) project built on smart contract platform Solana (SOL) is preparing to launch an airdrop following the announcement of support from Coinbase. In a new thread on social media platform launching It was first airdropped on December 7, and said eligible recipients would have 18 months to claim their tokens. According to Jito, JTO tokens can be used to participate in protocol governance and to purchase goods and services on DeFi platforms across the Solana blockchain. “JTO holders are encouraged to begin participating in governance to help steer the direction of the Jito Network… (Also) JTO can…
Financial giant VanEck has come up with 15 surprising Bitcoin and cryptocurrency predictions for 2024. Written by Matthew Sigel, Head of Digital Asset Research, and Patrick Bush, Senior Investment Analyst. analyze Provides an insightful outlook on the future of Bitcoin and cryptocurrency markets. VanEck’s Bold Bitcoin Prediction #1 US Recession and Bitcoin ETF: Sigel and Bush start from a macroeconomic perspective, predicting a U.S. recession in early 2024. This downturn coincides with the expected launch of the first spot Bitcoin ETF in the United States. They expect significant inflows into these ETFs, suggesting a resilient Bitcoin market despite broader economic…
A bipartisan group of U.S. senators introduced legislation on Thursday that would expand the Treasury Department’s sanctions authority to encompass more terrorist groups, including Hamas, and provide more resources to address cryptocurrency issues.Sens. Mark Warner, D-Va., and Mike Rounds, R-S.D. Jack Reed, DR.I. And then-Rutaj Mitt Romney introduced the Terrorism Financing Prevention Act, which would expand the Treasury Department’s authority beyond the 2015 law that primarily focused on Hezbollah. The new law allows the agency to identify and then sanction foreign financial institutions and foreign digital asset companies that knowingly facilitate the dealings of Hamas and other groups.The potential use…
The cryptocurrency market is currently experiencing a significant rebound, with Bitcoin (BTC) recently surpassing $45,000, a level not seen since early last year. This has reignited interest in the cryptocurrency space and even caused cryptocurrency skeptics to reconsider their positions. Meanwhile, Ethereum (ETH), Solana (SOL), Cardano (ADA), Polygon (MATIC), and ScapesMania are emerging as potential profit generators for investors. This new enthusiasm in the market is marked by a mix of FOMO (Fear of Missing Out) and YOLO (You Only Live Once) sentiments, indicating a shift in market dynamics and investor confidence. Ride the wave of innovation with ScapesMania While…
Guest Posted by: Giovanni Popullo The SEC levied charges on two major cryptocurrency exchanges: Binance and Coinbase. A common charge of both exchanges is that they offer unregistered securities on their platforms. 1.1 Security vs. Product As financial assets, securities and products are differentiated based on their characteristics/characteristics and legal rulings that serve as precedents for future reference. Securities represent investments with the expectation of profit, while commodities are basic goods whose value is derived from their intrinsic properties and utility. all security It refers to an investment and is a financial asset with intrinsic value. They can be traded…
Community & educationBlockchain Education in NepaleSatyaSupport to host free meetups and their blockchain course that aims to familiarize Nepalese developers with the key elements of blockchain through project-based learning.Community & educationCryptoStatsCommunity-driven project that provides neutral crypto metrics and develops tools for gathering data and building websites that visualize the data in practical ways for the community.Community & educationDeFi LATAM MeetupMeetup with educational talks and workshops to celebrate the end of the year and foster enthusiasm to continue building together in the next year.Community & educationDevcon Satellite Events GrantsSponsorship of Devcon-related meetups and watch parties around the globe, with the purpose…