Hong Kong’s data center ambitions face uncertainty, as financing challenges and reliance on Chinese AI firms pose significant risks. The post Hong Kong’s data center ambitions face slow start amid funding challenges appeared first on Crypto Briefing.
The rise in personal AI spending by UK workers highlights significant security risks for employers and untapped market potential for AI providers. The post Deloitte finds UK workers spend nearly £1B on AI for work appeared first on Crypto Briefing.
Traders are bracing for a rare stretch of synchronized tightening this week, with the Federal Reserve and the Bank of Japan (BOJ) both leaning toward a rate hike within 48 hours of each other. The Fed announces its decision Wednesday afternoon, with futures markets pricing an over 80% chance of a quarter point increase. The […]
Grayscale has made its XRP ETF one of the largest allocations across its new crypto model portfolios for financial advisors. The XRP fund ranks second only to Grayscale’s ether ETF in the bitcoin-excluding Next Gen strategy and third behind its bitcoin and ether funds in the broader Leaders model. XRP Takes Top-Three Position in Grayscale’s […]
Binance has launched a new metric called realized perp slippage, aimed at enhancing trading efficiency. This metric evaluates the difference between expected and actual slippage during market orders. The development is significant as it provides traders with deeper insights into order execution quality and market conditions, potentially influencing trading strategies moving forward. You can find […]
Christopher Phelan, chairman of the Council of Economic Advisers (CEA), said a Fed rate hike would be a mistake. The Federal Reserve is set to announce its rate decision today. Phelan made the comments on CNBC’s Closing Bell Overtime, citing recent inflation data as the reason a hike is unnecessary. The Federal Open Market Committee […]
The Senate’s inaction leaves the crypto industry in uncertainty, potentially stifling innovation and complicating future regulatory efforts. The post Senate fails to advance Clarity Act, leaving crypto’s $2.3 trillion industry in regulatory limbo appeared first on Crypto Briefing.
The Senate’s failure to advance the CLARITY Act today raises significant concerns for the future of crypto regulation. As reported by Fireblocks, the stalled vote may hinder the rulemaking processes at the SEC and CFTC, which operate on their own timelines. This delay could impact traders and investors, leading to heightened uncertainty in the market […]
Mike Novogratz has voiced strong criticism regarding the failure of Congress to advance the Clarity Act. His recent tweet highlights how bipartisan efforts fell apart, particularly over ethics concerns. This breakdown not only reflects political divisions but also casts doubt on the future of crypto regulation in the US. As the industry awaits clarity, this […]
Ripple is extending XRP’s push into US college sports, adding Louisville to a campaign that has rapidly expanded since July. The crypto company said Monday it struck a partnership with Louisville Athletics that will give XRP prominent exposure around the university’s basketball program, including branding on Denny Crum Court, extending a strategy that has already […]
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