Donald Trump to fight inflation but his 2 ideas might be flawed
Donald Trump to fight inflation but his 2 ideas might be flawed
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Dubai Says Yes to Crypto Salaries
A United Arab Emirates court has recognized cryptocurrencies as a mode of salary payment in a landmark ruling affecting employment contracts. According to a report by Lexology, the ruling by the Dubai Court of First Instance starkly contrasts a decision taken in a similar case and highlights the growing adoption of cryptocurrencies in the UAE….
ARK Invest opts out of Ethereum spot ETF, explores alternative paths: Report
Share this article Spot Ethereum exchange-traded funds (ETFs) have seen several developments this week following listing approval on May 23. The most remarkable is that Cathie Wood’s ARK Invest suspended its spot Ethereum ETF plans. An ARK spokesperson stated in an email that it would seek better investor opportunities. “At this time, ARK will not…
Latam Insights: Meliuz Surges as Bitcoin Power, Crypto Adoption Rises Sky High in Bolivia – Crypto News Bitcoin News
Welcome to Latam Insights, a compilation of the most relevant crypto news from Latin America over the past week. In this week’s edition, Meliuz claims the bitcoin throne in Brazil and the region, Bolivia’s crypto adoption grows to record levels, and Brazil announces a public consultation on accounting rules for digital assets. Meliuz Becomes the…
Arthur Hayes warns Tether’s Bitcoin and gold bet exposes it to major downside risk
Key Takeaways Arthur Hayes suggests Tether is in the early stages of a massive interest-rate trade, betting that Fed cuts will hurt Treasury income but send Bitcoin and gold higher. He argues that a major drop in Bitcoin and gold positions could wipe out Tether’s equity. Share this article BitMEX co-founder Arthur Hayes argues that…
CUDO to Power the Latest AI Infrastructure Worldwide – Brave New Coin
Launched earlier this year, CUDOS Intercloud, a product of CUDO, addresses a crucial gap in the Web3 computing space by providing a scalable and distributed GPU-as-a-Service cloud tailored for DePIN (Decentralised Physical Infrastructure) communities and AI computational tasks, including machine learning and inference. The growth of DePIN networks within Web3 allows communities and small businesses…
XRP gains 100K holders in June: What does it mean for prices?
The number of XRP holders increased by 100,000 within the first 10 days of June. Despite the growth, XRP might keep swinging between $0.48 and $0.52. Things might have changed for Ripple [XRP] in ways most market participants could find surprising. On the last day of May, the total number of XRP holders was 5.2…
