Bitcoin Impacted by Rising US Bond Yields
Bitcoin holds near $68,000 amid rising U.S. 10-year Treasury yields at 4.42%, with investors showing caution but no panic, according to QCP Capital. #Update #Crypto $BTC
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Bitcoin holds near $68,000 amid rising U.S. 10-year Treasury yields at 4.42%, with investors showing caution but no panic, according to QCP Capital. #Update #Crypto $BTC
Tether engages KPMG for a comprehensive audit of its $184 billion USDT stablecoin and PwC to enhance internal systems, amid U.S. expansion plans and GENIUS Act registration. #Update #Crypto $USDT
India’s CBI arrests Sunil Nellathu Ramakrishnan for trafficking Indians into Myanmar-based crypto fraud operations, highlighting a global crackdown on Southeast Asian scam compounds. #Breaking #Legal
A federal judge blocked the Pentagon from labeling @AnthropicAI a supply chain risk, citing First Amendment violations over AI usage limits in military contracts. #Breaking #Legal
A Texas judge dismissed a lawsuit against the DOJ by developer Michael Lewellen, citing no credible threat of prosecution despite ongoing concerns over crypto privacy tool prosecutions. #Update #Legal
David Sacks exits as White House AI and crypto czar, leaving key market structure and stablecoin legislation unfinished. He continues in the President’s Council of Advisors on Science and Technology. #Update #Crypto
OpenAI halts plans for an adult mode in ChatGPT amid societal concerns, following the cancellation of its Sora text-to-video generator. #Update #AI
Strategy CEO Phong Le reports retail investors favor the firm’s preferred share STRC over common stock MSTR, with 80% retail ownership in STRC. #Update #Finance
Brazil enacts a law allowing authorities to seize and sell digital assets like $BTC to fund public security, targeting organized crime. #Update #Legal
Trump appoints tech leaders, including crypto figures, to his new Science Council to advise on AI and emerging technologies. #Breaking #Tech
A U.S. federal judge dismissed a lawsuit by crypto developer Michael Lewellen seeking clarity on non-custodial software and money-transmitter laws, citing lack of credible prosecution threat. Legal
Nvidia faces a certified class action lawsuit for allegedly concealing over $1 billion in crypto-related GPU sales, moving the case closer to trial.
Massachusetts Democrat Seth Moulton bans congressional staff from trading on prediction markets like Polymarket amid bipartisan push for PREDICT Act targeting insider trading. #Update #Legal
Google’s TurboQuant algorithm reduces AI memory bottleneck sixfold without accuracy loss, impacting memory stocks like Micron. #Update #Tech