Newsroom
Markets · Banking
As reported by Reuters, the European Central Bank (ECB) is poised to cut interest rates for the first time since 2019 this Thursday. However, the central bank’s subsequent…
Eman Shaikh
Crypto · Adoption
Monochrome Bitcoin exchange-traded fund, IBTC, will reportedly debut on the Cboe Australia Exchange on Tuesday. The ETF by Monochrome Asset Management is the first and only existing product…
Eric Nkando
Technology · Artificial Intelligence
Google’s AI overview feature has come under criticism from users over the past couple of weeks. In response, the American tech giant came out with a statement addressing…
Mainul Alam
Markets · Nasdaq
The S&P 500 and Nasdaq indexes reached record highs this Wednesday supported mainly by technology stocks as markets digested economic data that could support a much-expected start to…
Stanko Illiev
Crypto · Bitcoin
Nasdaq-listed healthcare tech firm Semler Scientific announced on Thursday its purchase of 247 bitcoins for $17 million in cash. The company plans to raise $150 million to further…
Jeane Claude Vasquez
Crypto · Cryptocurrency Exchange
Robinhood announced this week that it acquired the cryptocurrency exchange Bitstamp for $200 million in a cash deal. This move expands Robinhood’s crypto portfolio and positions it to…
The Distributed Team
Crypto · Banking
Customers Bank has ended relationships with several crypto hedge funds, according to multiple sources cited by CoinDesk. This action highlights the ongoing challenges faced by crypto companies in…
The Distributed Team
Crypto · Bitcoin
Key Findings: BTC Technical Analysis Bitcoin Technical Analysis – BTC/USD Daily Chart According to the daily bitcoin price chart, the bearish market structure is still in place even…
Md Ishtiaque Ahmed
Crypto · Adoption
A new survey from Grayscale indicates that a significant influx of money could enter Bitcoin and other cryptocurrencies once U.S. government regulations are clarified. According to the poll…
Jeane Claude Vasquez
Markets · Banking
UBS has completed its acquisition of Credit Suisse, marking an important moment in the Swiss banking sector under a single and massive entity, Reuters reported. This significant milestone…
The Distributed Team
Markets · Artificial Intelligence
The European Securities and Markets Authority (ESMA) has cautioned banks about using artificial intelligence (AI) in their operations in compliance with the law. The regulator acknowledged the opportunities…
The Distributed Team
Crypto · Bitcoin
Key Findings: BTC Technical Analysis Bitcoin Technical Analysis – BTC/USD Daily Chart Short-term bitcoin (BTC) price movement is being monitored by technical indicators, which have turned negative and…
Md Ishtiaque Ahmed
Markets · Investors
The tech-heavy index Nasdaq exceeded 17,000 points for the first time ever as AI leader Nvidia hit a record high which lifted investor sentiment and contributed to the…
Stanko Illiev
Technology · Artificial Intelligence
American tech giant Google is expanding its generative AI catalog with PaliGemma, a brand-new AI model. Announced during the recently concluded Google I/O, PaliGemma is a vision-language model…
Mainul Alam
Markets · Interest Rates
Sweden’s financial stability outlook has shown modest improvement recently, even as the country grapples with an ongoing recession, according to a twice-yearly report from financial watchdog Finansinspektionen (FI)…
Eman Shaikh
Crypto · Adoption
Banking and investment giant Nomura Holdings has teamed up with GMO Internet Group to explore the offerings of fiat-backed stablecoins in Japan. The two companies will focus on…
Eric Nkando
Crypto · Donald Trump
Former U.S. President Donald Trump has promised to pardon Silk Road founder Ross Ulbricht if he wins the upcoming November election. “If you vote for me, on day…
Jeane Claude Vasquez
Crypto · Adoption
Publicly listed Japanese investment firm Metaplanet has officially announced the addition of Bitcoin as a reserve asset to its portfolio. The May 13 announcement indicated that the purchase…
Eric Nkando
Technology · Artificial Intelligence
Tech giant Google has unveiled its newest multimodal Large Language Model (LLM) called Gemini Flash. The announcement came during the recently concluded Google I/O, the annual developer conference…
Mainul Alam
Markets · Federal Reserve
Federal Reserve policymakers are advocating a patient approach, emphasizing the need to see several more months of encouraging inflation data before considering interest rate cuts, according to remarks…
Eman Shaikh
Crypto · Regulation
The Financial Innovation and Technology for the 21st Century Act (FIT21), also known as H.R. 4763, was passed by the House on May 22. The bill received support…
Jeane Claude Vasquez
Markets · Banking
UK’s Coventry Building Society has acquired Co-operative Bank for £780 million ($990 million) in cash, Reuters reported. This merger, expected to finalize in the first quarter of 2025,…
The Distributed Team
Crypto · BitGo
The legal tussle between cryptocurrency custodian BitGo and financial services firm Galaxy Digital over their failed $1.2 billion merger deal will proceed, Coindesk reported. The Delaware Supreme Court…
The Distributed Team
Crypto · Bitcoin
Key Findings: BTC Technical Analysis Bitcoin Technical Analysis – BTC/USD Daily Chart Bitcoin has been rising on the daily chart ever since it recovered from the support line…
Md Ishtiaque Ahmed
Technology · Apple
Apple is in talks with OpenAI and Google about potential partnerships to bring new AI features to iPhone’s upcoming update, Bloomberg reported. These discussions signify Apple’s interest in…
The Distributed Team
