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What is Tether AI? Tether AI is an open-source, decentralized artificial intelligence (AI) platform launched by Tether, the company behind the Tether USDt stablecoin. Unlike traditional AI services that depend on centralized servers and require application programming interface (API) keys, Tether…
Key takeaways:Bitcoin's 36% rebound from $74,500 runs into resistance at $106,000.Bid-side liquidity is staking up on the downside near $93,000.Bitcoin (BTC) price has rebounded by 36% from its April 9, five-month low at $74,500. However, its failure to decisively break above $106,000 has sparked co…
Cryptocurrencies and stablecoins are gaining recognition in the traditional finance (TradFi) space for their ability to streamline payments and increase efficiency in existing financial systemsIn finance, collateral management refers to the process of managing the underlying collateral securing othe…
A Bahrain-based, listed catering company with a $24.2 million market cap has adopted a Bitcoin treasury strategy in partnership with investment firm 10X Capital.According to a May 15 announcement, AlAbraaj Restaurants Group partnered with 10X Capital to adopt a Bitcoin (BTC) treasury strategy simila…
A major Chinese darknet marketplace suspected of facilitating crypto scams and cybercrime has been shut down by the Telegram messaging service, upon which it operated.The internet’s largest illicit marketplace, Haowang Guarantee, formerly Huione Guarantee, said it will shut down following Telegram’s…
Too many crypto startups are pricing themselves out of venture capital funding by chasing valuations far exceeding their revenues, according to Dan Tapeiro, the CEO of crypto-focused venture capital firm 10T Holdings.“For some reason, founders and CEOs think that they should be raising capital at 50…
Tanim Rasul, chief operating officer at Canadian crypto exchange NDAX, said Canada “got it wrong” categorizing stablecoins as securities in 2022, and the country needs to realize that every other regulatory regime is looking at stablecoins as payment instruments.Rasul made the remarks during a panel…
The French interior minister reportedly plans to meet cryptocurrency professionals in the aftermath of a violent kidnapping attempt on the family of a crypto exchange executive in Paris.According to a May 14 France24 report, Interior Minister Bruno Retailleau has invited crypto professionals to meet…
Opinion by: Mike Cahill, co-founder and CEO of Douro LabsDespite the institutional frenzy around crypto and the ubiquitous narrative of democratized access to investing, most of the world population is still barred from traditional wealth-building. Take the US, for example — here, the top 10% of ear…
Michael Saylor’s Strategy, the world’s largest corporate holder of Bitcoin, may become the top publicly traded equity one day, according to a Strategy analyst.Strategy will be the “number one publicly traded equity in the entire market” because of its future financial strength enabled with Bitcoin ,…
Key takeawaysFake crypto investment platforms give themselves away in a few obvious ways.Many use fake reviews, incorrect contact information and unrealistic promises to lure you in.The best approach is a healthy dose of skepticism. Watching for these red flags will keep you safe while investing.The…
Bitcoin’s fluctuating correlation with US equities is raising questions about its role as a global safe-haven asset during periods of financial stress.Bitcoin exhibited a strong negative correlation with the US stock market when analyzing the short-term, seven-day trailing correlation, according to…