Crypto

Source: Coin Tegraph The clarification comes after a news report stated Musk’s AI startup has discussed sharing its technology with Tesla and in return would earn revenue from the carmaker.  Read Full Article

Source: Bitcoinist With the US economy slowing down, many are looking at Bitcoin as the next big safe haven, much like gold did during the 1930s. And with the continued downturn in US economic data, many have been speculating on how cryptocurrencies, especially Bitcoin, would react to this perfect storm brewing. Popular analyst Michaël van…

Source: Bitcoinist There’s no denying that Bitcoin has significantly underperformed in recent months and has fallen short of the high expectations held by many bullish market participants. This underperformance has been especially evident in the past few weeks, where the cryptocurrency has faced considerable declines. Bitcoin’s price has dropped by 8.2% over the last seven…

Source: Coin Tegraph Ripple CEO Brad Garlinghouse says that Japan’s efforts on regulatory clarity has allowed “entrepreneurship and investment to really thrive.” Read Full Article

Source: Bitcoinist Solana (SOL) is showing signs of recovery as the altcoin is steadily advancing towards the crucial $137 mark. After recent fluctuations, the cryptocurrency is experiencing a resurgence of bullish momentum, challenging the strength of ongoing bearish resistance.  This rebound highlights the potential for Solana to overcome recent struggles and push through key resistance…

Source: Coin Tegraph The CFTC asked the court to block Kalshi from offering election betting contracts until it reviews the reasoning for the denial of its order. Read Full Article

Source: Bitcoinist Bitcoin fell below $54,000 on September 6, 2024, after cruising earlier in the day to $57,000 following the US nonfarm payrolls. The report showed that the economy added only 142,000 jobs in August, which was much below expectations and threw the crypto market into volatility. The abrupt U-turn drove the crypto ecology into…

Source: Bitcoinist The long-running legal battle between Ripple and the US Securities and Exchange Commission (SEC) has yet to be concluded despite Judge Analisa Torres’ August 7 ruling, which appeared to have ended the case. This follows a recent development showing that the SEC is still considering appealing the court’s ruling.  Ripple Requests Stay On…

Source: Coin Tegraph Arthur Hayes revealed he “took a cheeky short” on Bitcoin, former Mt. Gox CEO Mark Karpeles will launch a new crypto exchange: Hodler’s Digest Read Full Article

Source: Bitcoinist The cryptocurrency market has been under intense bearish pressure in recent weeks, with several large-cap assets including Bitcoin (BTC) and Ethereum (ETH) struggling to put in a positive shift. The past week was particularly drab for the two largest cryptocurrencies, as they posted double-digit losses in the last seven-day period. While the BTC…