U.S. Job Gains Fall Short, Bitcoin Slides as July Ends
According to the latest employment data, the unemployment rate in the country has declined more than expected. The rate has dropped to 3.X% compared to the estimated rate of 3.6%.…
Oman’s financial regulator requests input on virtual asset framework in search for feedback.
The Capital Market Authority of Oman is making progress towards implementing its own regulations for virtual assets, such as cryptocurrencies. The financial markets regulator has released a consultation paper seeking…
Riot, Mara, Hut to Benefit from Growing BTC Hashrate & Bitcoin Halving: Bernstein Report
Four major mining companies in the crypto industry, namely Riot, Marathon Digital, Hut 8, and Hive Digital, have recently disclosed that they hold bitcoin on their balance sheets. This strategic…
Meta releases new AI music tools to challenge Google’s MusicLM in generative music technology.
Meta, the parent company of Facebook and Instagram, has recently launched a suite of generative AI models called AudioCraft, which aims to facilitate music creation from various inputs. The suite…
CME Bitcoin and Ether Options Volume Hits $940M in July: CCData
Trading activity in the cryptocurrency market has experienced a significant uptick, as data tracked by CCData reveals a 24% increase in trading volume over the past month. This surge denotes…
Bitget report reveals Gen Z constitutes close to 50% of crypto copy traders.
Generation Z crypto investors are showing a strong inclination towards copy trading or social trading, a method of investment that involves replicating someone else's trades, according to a report published…
DOJ Urges Jail for Sam Bankman-Fried, Potential Incarceration Looms
In a recent development, the U.S. Department of Justice has reiterated its stance on the FTX founder, Sam Bankman-Fried's defense, stating that he must be detained pending trial. This comes…
SEC bombarded by Ether ETF applications; ProShares remains at 11th place.
The United States Securities and Exchange Commission (SEC) has received a surge of applications for Ether (ETH) futures exchange-traded funds (ETFs), with a total of 11 Ether-based filings submitted in…
ProShares Applies to SEC for Bitcoin and Ether Equal Weight ETF
The Securities and Exchange Commission (SEC) is reportedly reviewing a proposal for a new investment fund that aims to track the performance of bitcoin and ether futures contracts. The fund,…
Coinbase’s Bid for SEC Lawsuit Dismissal through Order Filing
Coinbase, the popular cryptocurrency exchange, plans to file a motion seeking dismissal of the lawsuit brought against it by the Securities and Exchange Commission (SEC) on August 4. In an…