Crypto news

CoinspeakerUser Traffic Drops on Twitter as Threads Surpasses 100M Users In less than a few hours after the launch, Threads received over 10 million sign-ups, a figure that has been growing remarkably since then. User Traffic Drops on Twitter as Threads Surpasses 100M Users

CoinspeakerChina to Enforce Stricter Rules for Generative AI Content to Maintain Government Control As part of the rules, China will require a license from companies developing AI tools, obtainable before product launch. China to Enforce Stricter Rules for Generative AI Content to Maintain Government Control

Leading crypto exchange Bitfinex released its latest Bitfinex Alpha report, a weekly publication that offers on-chain data and insights into the dynamic crypto market. This week’s document found that the amount of unmoved bitcoin has reached its highest point. The report further highlights an intriguing development in liquidity trends. Bitcoin liquidity has experienced a decrease, while that of Tether USDT has witnessed a noteworthy increase. Bitcoin’s Unmoved Supply Hits...

CoinspeakerFCA Investigation Results in Closure of 26 Crypto ATMs across UK This move is part of the regulator's efforts to ensure the financial system's integrity and prevent potential illicit activities associated with unregulated crypto transactions.  FCA Investigation Results in Closure of 26 Crypto ATMs across UK

CoinspeakerTata Group Close to Seal Deal on Becoming First Indian iPhone Manufacturer Sources familiar with the matter said that the Tata Group is planning a complete takeover of the Wistron responsibility for the assembly of iPhone models. Tata Group Close to Seal Deal on Becoming First Indian iPhone Manufacturer

CoinspeakerAI Will Be Largest Money Maker in History for Anyone, Says Self-Made Millionaire Exec The CEO believes that although any one get in at any time, now is the best time to start making money using AI tools. AI Will Be Largest Money Maker in History for Anyone, Says Self-Made Millionaire Exec

Jay Clayton – former Chairman of the US Securities and Exchange Commission (SEC) – believes the agency should approve a spot Bitcoin ETF in America if the interested companies prove the safety of the product. However, he could not predict when such a green light would come. Multiple behemoths, including BlackRock, Invesco, and Fidelity Digital Assets, have recently filed to launch such a fund. The SEC has previously given its nod to a futures BTC ETF but has been reluctant to...

CoinspeakerApple Expands Retail Reach in China with Official Store Opening on WeChat  While the Chinese smartphone market experienced a 5% decline in sales during the first quarter of 2023, Apple's iPhone sales demonstrated resilience, growing by 6% year-on-year during the same period. Apple Expands Retail Reach in China with Official Store Opening on WeChat 

The $7 trillion asset management giant Vanguard Group now owns a 10.24% stake in Riot Blockchain (NASDAQ: RIOT) – the world’s largest Bitcoin mining company. A filing with the Securities and Exchange Commission (SEC) on Monday showed that Vanguard has upped its exposure to the firm from 15.2 million shares to 17.9 million. Based on Riot’s current share price, Vanguard’s stake is now worth $295 million. The company also bought millions of shares in competing firm Marathon...

Coinswapz Travel – a new kind of travel company based in the United Arab Emirates – is making headlines after it announced that travel hounds and general customers can utilize digital currencies to book their trips and take care of other vacation-related expenses. Coinswapz Will Accept Crypto Payments The move is pushing the goals of bitcoin and its digital counterparts closer to being achieved. What many people likely forget is that while bitcoin and many of its...