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Bitcoin soars to $65,000 as Israel-Iran sparring looks to conclude

Bitcoin’s price momentarily exceeded $65,000 as the market reacted to seemingly reducing geopolitical tensions between Israel and Iran. During the past week, the crypto industry slumped amid escalating tensions in the Middle East and plunged again in the early hours as news broke of Israel’s retaliation on Iran. However, following the …

This post was published at CryptoSlate

SEC claims Justin Sun’s alleged visits to US grant it personal jurisdiction to pursue legal action

The US SEC filed an amended complaint in its case against Justin Sun and other defendants on April 18, arguing that Justin Sun’s alleged visits to the US should grant it the jurisdiction required to pursue legal action. The regulator alleged that Sun “traveled extensively” to the US while he and several companies carried out …

This post was published at CryptoSlate

/ Crypto Currency, Government, SEC

Bitcoin Price Dives Below $60,000 Less Than 24 Hours Before Halving

Bitcoin fell again late Thursday amid reports of explosions in Iran, and with the quadrennial halving event less than a day away.

This post was published at Decrypt

/ Bitcoin, Crypto Currency, Iran

IMF says Bitcoin has become necessary financial tool for preserving wealth amid financial instability

Bitcoin (BTC) is increasingly serving as a critical channel for cross-border financial flows amid global financial instability, according to a new report by the International Monetary Fund (IMF). The report — called “A Primer on Bitcoin Cross-Border Flows” — sheds light on how the decentralized nature of Bitcoin is being leveraged to …

This post was published at CryptoSlate

/ Bitcoin, BTC, Crypto Currency, Economy, IMF

US lawmakers’ proposed ban on algorithmic stablecoins draws industry backlash

A recent legislative bill introduced by US Senators Cynthia Lummis and Kirsten Gillibrand has drawn the crypto industry’s ire due to a proposed ban on algorithmic stablecoins. Former Blockchain Association member Jake Chervinsky called the Lummis-Gillibrand Payment Stablecoin Act “deeply flawed” on April 17. He warned that the …

This post was published at CryptoSlate

Meta announces Llama 3, launches dedicated AI web portal

Meta announced the launch of Llama 3, the latest version of its large language model (LLM), on April 18, describing it as a “major leap over Llama 2.” The company said it has initially released the first two models of the current version, featuring 8B and 70B parameters, with upcoming models slated to feature 400B parameters. Meta …

This post was published at CryptoSlate

/ Ai, Crypto Currency

Binance receives license in Dubai, moves SAFU fund to USDC


Binance is making moves, from receiving a new license in Dubai to switching its SAFU fund to USDC

This post was published at Blockworks

/ Binance, Crypto Currency

Scaramucci says Bitcoin is ‘still very young,’ predicts $200k long-term price after halving

SkyBridge Capital founder Anthony Scaramucci said that Bitcoin is “still very young” in terms of adoption and predicted significant long-term growth despite its current volatility and recent price fluctuations influenced by global events. In an interview focused on the flagship crypto’s trajectory, Scaramucci highlighted that …

This post was published at CryptoSlate

The Price of BTC Won’t Rise After Bitcoin Halving, JP Morgan Says

Analysts at America’s biggest bank say the quadrennial event has already been priced in for BTC.

This post was published at Decrypt

/ Bitcoin, BTC, Crypto Currency, JP Morgan

Crypto Influencer Ansem Explains His Meme Coin Thesis and Why He’s Bullish on Bitcoin Runes

Ansem, the crypto trader who’s amassed a sizable following on the back of meme coin Dogwifhat (WIF) and other calls, chats with Decrypt reporter Sander Lutz at Token 2049 Dubai about his meme coin thesis, why he’s bullish on Bitcoin Runes, and what he sees ahead for the crypto markets.

This post was published at Decrypt

Meta Pushes AI Chatbot Into Instagram, Facebook, WhatsApp

Meta has deployed its brand new Llama 3 AI model across its massively popular apps.

This post was published at Decrypt

/ Ai, Crypto Currency, Facebook

Charles on Cardano Marketing and UFC NFTs

This post was published at Crypto Crow

/ Cardano, Crypto Currency, Nft

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