Robert Kiyosaki says a historic crash is here, XRP short sellers capitalize on bearish trends, Ripple execs meet Trump, and more in this Week in Review. Week in Review Robert Kiyosaki, author of Rich Dad Poor Dad, predicts an imminent economic collapse and urges investors to secure assets like bitcoin. XRP has faced bearish trends, […]
Big Data Expert: Current AI Regulations Hinder Progress, David Sacks Appointment a Positive Step
Chi Zhang, CEO of Kite AI, criticizes both the European Union (EU)’s and US’ approaches to regulating artificial intelligence (AI). David Sacks’ Appointment Boosts AI, Crypto Chi Zhang, COO at Kite AI, believes the EU’s law on AI, while enacted with good intentions, could “impose burdensome compliance on smaller innovators.” Conversely, the United States “more […]
Rate Cut Roulette: Bettors and Analysts Divided on Fed’s Next Step
Based on current data, 24 days before the upcoming Federal Open Market Committee (FOMC) meeting, there’s a 52.7% likelihood of a quarter-point rate cut, according to CME Group’s Fedwatch tool. Markets Signal Mixed Messages Ahead of FOMC Meeting The U.S. Federal Reserve‘s federal funds rate outlook for December remains a toss-up. The odds of no […]
Why 2024 Should Be Bitcoin’s Year to Step Away From Politics
As the U.S. election season heats up, Bitcoin finds itself once again in the political crossfire. From Washington, D.C., to international capitals, this digital currency has become a talking point, with politicians on both sides of the aisle either championing it as a revolutionary financial tool or condemning it as a threat to economic stability. […]
LBank Labs Takes Bold Step in Web3 Venture Capital: Announces Strategic Investment in Entangle
LBank Labs, at the forefront of Web3 venture capital, is excited to announce its significant investment in Entangle, this strategic move is focused on bolstering Entangle’s revolutionary mission to unify Web3 communications and enhance ecosystem liquidity. Entangle stands out with its customizable Interoperation infrastructure, designed to scale and secure decentralized applications (dApps) across various blockchain […]