United States Financial News

02.06 / 06:07

business Adoption cryptocurrency investment Mainstream Crypto markets ‘lackadaisical’ as institutional buying slows — Novogratz

Galaxy Digital CEO Mike Novogratz has described the broader crypto market as being “lackadaisical” — or lacking enthusiasm — due mainly to a shying away of institutional investors from cryptocurrencies.

02.06 / 04:29

Google Report Research Bitcoin Time AI trends at all-time high on Google but Bitcoin still did it better

Global search interest for the term “AI” has reached a new all-time high on Google, though it’s yet to hold a candle to Bitcoin (BTC) peak mania in 2017, data has revealed.

02.06 / 01:45

business Military AI military drone kept murdering its human operator in simulated tests

The United States Air Force (USAF) has been left scratching its head after its AI-powered military drone kept killing its human operator during simulations.

01.06 / 21:27

regulation Federal Reserve Silvergate Fed board issues order to Silvergate Bank as part of self-liquidation plan

The Federal Reserve Board of the United States has issued a consent order to Silvergate Bank and its parent company as part of the institution’s plans to “wind down operations” and liquidate.

01.06 / 03:11

Adoption Federal Reserve Central Bank Bitcoin Price National Debt Warning Blackrock CEO issues dire warning over ‘debt ceiling drama’ — Bullish for Bitcoin?

Blackrock CEO Laurence Fink believes the recent "drama" around the United States debt ceiling has deteriorated global trust in the U.S. dollar, something that other analysts predict could provide some tailwinds for Bitcoin (BTC).

31.05 / 21:23

business CBDC Microsoft ChatGPT letter Microsoft’s CSO says AI will help humans flourish, cosigns doomsday letter anyway

Microsoft’s chief scientific officer, Eric Horvitz, believes artificial intelligence will allow future humans to flourish, but he’s apparently hedging his bets.

31.05 / 21:23

Government Payments regulation Drugs Sen. Elizabeth Warren points to crypto payments as facilitating fentanyl trade in China

Massachusetts Sen. Elizabeth Warren has suggested a link between cryptocurrency payments and companies based in China that provided precursors for the opioid fentanyl.

30.05 / 21:45

Blockchain Law privacy Court Research Bitcoin Courts Researchers propose new scheme to help courts test deanonymized blockchain data

A team of researchers from Friedrich-Alexander-Universität Erlangen-Nürnberg recently published a paper detailing methods investigators and courts can use to determine the validity of deanonymized data on the Bitcoin (BTC) blockchain.

30.05 / 19:03

regulation FTX Court Bankruptcy US District Judge sends matter of FTX independent examiner to appellate court

A United State District Judge has referred a motion requesting the appointment of an independent examiner for bankruptcy crypto exchange FTX to appellate court.

30.05 / 12:27

Government Mining regulation Taxes lawmaker Deal Deal to avoid US debt default nixes proposed 30% crypto mining tax, says Ohio lawmaker

A tentative deal aimed at stopping the United States government from defaulting on its debts would likely eliminate a proposed tax on the energy usage of cryptocurrency miners, according to Ohio Rep. Warren Davidson.

29.05 / 06:39

Law Airlines Report Court Lawyer Lawyer uses ChatGPT in court and now 'greatly regrets' it

A New York attorney has been blasted for using ChatGPT for legal research as part of a lawsuit against a Columbian airline.

29.05 / 06:39

Adoption Predictions banking Bitcoin Bitcoin Price Debt ceiling, bank crisis set for ‘powder keg’ explosion: BitMEX co-founder

Former Bitmex CEO Arthur Hayes is expecting to see significant Bitcoin volatility in the latter half of the year, caused by a “powder keg” explosion from the United States banking crisis and soaring national debt.

29.05 / 01:27

Government regulation us government white house policies 7 presidential candidates have dropped clues about their crypto stance

In late 2024, citizens of the United States will take to the voting booths to elect their next president — a four-year term that could have a vast impact on the next crypto bull run.

28.05 / 01:29

Reuters regulation Deal Biden strikes 'tenative' U.S. debt ceiling deal: Report

United States president Joe Biden and Republican Kevin McCarthy have reportedly reached a "tenative" agreement to raise the federal government's $31.4 trillion debt ceiling.

27.05 / 04:45

business Adoption patents ChatGPT generative AI JPMorgan Chase enters generative AI race with IndexGPT trademark

Finserv giant JPMorgan Chase filed a trademark application for IndexGPT, marking its entry into the race to build a generative AI tool for business purposes.

26.05 / 15:29

Government SEC Opinion Elections 2024 DeSantis looks like the choice for crypto enthusiasts in 2024

Crypto Twitter discussions about law and policy are informed chaos, a specialized cacophony. Despite the drama involved with Gov. Ron DeSantis’ announcement on Twitter that he was running for president in 2024, he made some alpha drops about his stance on crypto.

24.05 / 14:05

business event Technology Adoption NFT CryptoKitties Ticketing will be a huge use case for NFTs — Gary Vee

Famous entrepreneur Gary Vaynerchuck — also known as Gary Vee — is a long-time supporter and collector of nonfungible tokens (NFTs).

24.05 / 12:17

business regulation U.S. Meta Ceo ChatGPT White House questions impact of AI surveillance on workers

Officials in the United States are making efforts to keep tabs on the development of artificial intelligence (AI), as new plans surface to examine workers’ experience with AI surveillance.

24.05 / 12:17

Bitcoin Bitcoin Price Why Bitcoin is stuck below $28,000 resistance

On May 23’s episode of The Market Report, analyst and writer Marcel Pechman discusses why Bitcoin (BTC) is stuck near $27,000 and how the macroeconomic scenario has become more critical than ever for an eventual breakout. Plus, the show dissects what United States President Joe Biden has been saying about crypto traders being wealthy tax cheaters.

24.05 / 07:17

Ethereum CFTC regulation SEC Bitcoin ETH can be a security and a commodity: Former CFTC commissioner

Ethereum’s native Ether (ETH) token may be both a commodity and a security, the former commissioner of the United States Commodities Futures Trading Commission has claimed.

24.05 / 07:17

regulation Liquidity Bankruptcy Bitcoin Bitcoin Price exit boost Core Scientific moves for September bankruptcy exit, expects $46M boost

A restructuring plan for bankrupt Bitcoin (BTC) miner Core Scientific could be finalized by September and it expects to exit proceedings with an additional $46 million due to recent favorable market conditions.

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