ASIC intends to challenge the recent ruling in favor of Finder Wallet, a subsidiary of Finder.com in Australia, concerning their “Earn” product, which was deemed compliant with Australian financial regulations by a federal court. Previously, ASIC contended that Finder Wallet’s Earn product didn’t have the necessary license or authorization. However, on March 14, Federal Court … Read more
Ethereum noted a decline in bullish conviction in the Futures market Coinbase Premium Index showed traders from the U.S are adamant about the altcoin Ethereum‘s price surged from $3.2k to $3.7k in just three days, representing a notable gain of 16.2%. Yet, the bullish momentum was halted at the previous resistance level of $3.7k, which … Read more
WIF has recorded a significant decline in demand over the past week Low social activity confirmed the hike in bearish sentiments too Over the past 24 hours, the value of the meme cryptocurrency Dogecoin (WIF) has dropped by more than 10%. This significant decline has made it the top loser in the crypto market based … Read more
At press time, Bitcoin was trading at around $69,000 Open Interest figures were around $36 billion, despite BTC’s price decline After a series of price increases, Bitcoin reached an all-time high above $71,000, causing excitement among some investors. But when it dipped back below $70,000, opinions became divided, as the number of buyers and sellers … Read more
In a report from the Bank for International Settlements (BIS), it was revealed that the widespread use of stablecoins is being impeded by the lack of harmonized regulations across different countries, based on the responses of 11 jurisdictions. The authors emphasized the importance of regulating stablecoins as a matter of priority, but the varying regulatory … Read more
After ChatGPT’s debut in late 2022 and its significant contribution to popularizing artificial intelligence (AI), there has been a surge of interest from various entities, including tech and non-tech companies, established businesses, and new startups. They have all been releasing AI assistants and showcasing innovative applications or enhancements to capture the public’s attention. Tech leaders’ … Read more