A naukri.com initiative
Bitcoin News
Coin Telegraph
1w
358
Image Credit: Coin Telegraph
Atkins becomes next SEC chair: What’s next for the crypto industry
- Paul Atkins has been confirmed as the chair of the US Securities and Exchange Commission, receiving approval after months of waiting.
- He aims to provide guidance for the crypto industry and has a background in finance with significant experience in regulatory matters.
- Atkins plans to establish a solid regulatory foundation for digital assets with a coherent approach.
- His confirmation has been met with optimism from the crypto industry, hoping for clearer regulations.
- Recent dismissals of court cases by the SEC under Mark Uyeda suggest potential future directions in crypto regulation.
- The SEC's actions indicate a shift away from treating certain crypto assets as securities.
- However, the SEC's workforce has faced reductions, which could impact the agency's capabilities in regulating digital assets.
- The industry eagerly anticipates guidance on stablecoins, market structure clarity, and regulatory certainty under Atkins' leadership.
- Atkins' nomination signals a potential shift in SEC focus towards fostering innovation and investment in the digital asset space.
- Overall, Atkins' appointment signifies a crucial moment for the SEC and the crypto industry as new regulatory frameworks are anticipated.
Read Full Article
21 Likes
Coin Telegraph
1w
231
Image Credit: Coin Telegraph
‘Dystopian’ AI murder prediction tool, tariffs bring robot factories to US: AI Eye
- The UK's Ministry of Justice has been working on a dystopian AI Murder Prediction program that uses algorithms to analyze large data sets and predict who is most likely to become a killer.
- The program aims to review offender characteristics that increase the risk of committing homicide and explore innovative data science techniques for risk assessment.
- Data from ordinary citizens is being used as part of the project, raising concerns about intrusion and potential targeting of minority communities.
- In a separate development, comedian Dave Chappelle criticized Donald Trump's original tariff threats on China, highlighting the unsustainability of bringing back low-paid factory jobs to the US.
Read Full Article
13 Likes
Coin Telegraph
1w
16
Image Credit: Coin Telegraph
UK’s Orwellian AI murder prediction system, will AI take your job? AI Eye
- The UK Ministry of Justice has been working on an AI Murder Prediction program that uses algorithms to predict who is most likely to become a killer.
- Documents revealed in Freedom of Information requests show that the program aims to review offender characteristics and explore alternative data science techniques for risk assessment of homicide.
- The program is being criticized due to the use of data from ordinary citizens and concerns about the potential targeting of minority communities.
- Researcher Sofia Lyall called the project 'chilling' and 'dystopian' and raised concerns about the sensitive data being used in the profiling process.
Read Full Article
1 Like
Newsbtc
1w
25
Image Credit: Newsbtc
Ethereum Long-Term Holders Show Signs Of Capitulation – Prime Accumulation Zone?
- Long-term Ethereum holders are starting to fold, offloading positions at a loss after months of decline.
- This situation of long-term holder capitulation has historically marked bottoming phases and preceded rebounds.
- The recent surge in Ethereum's price offers a potential opportunity zone for contrarian investors.
- Ethereum is forming a bullish reversal pattern, but its path forward remains uncertain.
Read Full Article
1 Like
Bitcoinsensus
1w
4
Image Credit: Bitcoinsensus
Bitcoin Climbs Above $81K as Jobless Claims and CPI Ease Market Nerves
- Jobless claims rose by 4,000 to 223,000 matching forecasts and signaling continued labor market stability
- Bitcoin surged 5.21% following a cooler-than-expected CPI report boosting investor sentiment
- The Federal Reserve’s May 6-7 meeting remains in focus as markets anticipate potential rate cuts
- Bitcoin trades at $81,189 – up 5.21% over the last 24 hours
Read Full Article
Like
Cryptopotato
1w
96
Image Credit: Cryptopotato
Bitcoin Price Reacts as US CPI for March Comes Lower Than Expected
- The US Consumer Price Index (CPI) for March came in lower than expected, with lower inflation rates compared to estimates.
- BTC initially experienced a surge to $82,500 following the release of the CPI report but quickly dropped to $81,500.
- The Core CPI, which excludes volatile sectors like energy and food, reached the lowest level in four years at 2.8%.
- Lower inflation rates are typically considered bullish for crypto due to the possibility of reduced key interest rates by the US Federal Reserve.
Read Full Article
5 Likes
Coindoo
1w
349
Image Credit: Coindoo
CPI Data Was Announced: Here’s How Bitcoin Reacted
- CPI for March posted a 0.1% decline, below economist expectations.
- Core CPI also underwhelmed, rising just 0.1% in March.
- Softer-than-expected inflation print could give the Federal Reserve flexibility to ease monetary policy.
- Bitcoin saw a modest uptick in response to CPI release.
Read Full Article
21 Likes
TronWeekly
1w
130
Image Credit: TronWeekly
Pakistan Plans to Power Bitcoin Mining with Surplus Electricity
- Pakistan plans to use surplus electricity to power Bitcoin mining and AI data centers.
- The initiative aims to address energy issues and boost the tech and crypto sectors.
- The Crypto Council in Pakistan is working to enhance blockchain innovation and digital growth.
- Binance's Changpeng Zhao is advising Pakistan on crypto regulatory frameworks and technology education.
Read Full Article
7 Likes
Stackexchange
1w
75
Image Credit: Stackexchange
Setting up and running multiple Eclair lightning node on Linux-Kali VMware
- The user is a newbie dev trying to test a microservice by setting up and running multiple Eclair lightning nodes on Linux-Kali VMware.
- The user is encountering a 'Timed out after 30 seconds' error and is unable to connect Eclair nodes to Bitcoin Core.
- The user has tried to run the channels on Kali Linux vm machine in testnet and regtest, but both have resulted in the same error.
- The provided Bitcoin Core and Eclair configuration settings for the two instances seem correct. The user is seeking guidance on what might be wrong.
Read Full Article
4 Likes
Cryptopotato
1w
269
Image Credit: Cryptopotato
Bitcoin (BTC) Still on Track for $200,000 But This Must Happen First (Analyst)
- Bitcoin (BTC) experienced a pullback but bounced back after Trump's tariff freeze.
- Analyst Ali Martinez believes a breakout above $86,900 could lead to a rally to a new all-time high of $208,550.
- Merlijn The Trader suggests a potential breakout of a falling wedge pattern, indicating a jump above $100,000.
- BTC's exchange netflow has been negative, indicating a shift towards self-custody methods and reducing immediate selling pressure.
Read Full Article
16 Likes
Bitcoinsensus
1w
67
Image Credit: Bitcoinsensus
CPI Report Surprises as Inflation Slows More Than Expected
- The March Consumer Price Index (CPI) report has been released, revealing better than expected inflation numbers.
- Bitcoin initially reacted favorably to the news.
- The data will aid the Fed in determining whether to cut rates in the next FOMC meeting.
- The slower-than-expected rise in inflation provides relief for markets and reinforces hopes of potential rate cuts in the near future.
Read Full Article
4 Likes
Bitcoinsensus
1w
177
Image Credit: Bitcoinsensus
Dogecoin Price Prediction: Big Move Loading?
- Dogecoin respected a key monthly demand zone, confirming a possible bullish setup
- Liquidity below has been taken, suggesting the path is now clear for upside movement
- H4 demand + M15/M3 confluence could offer a high-probability entry if price aligns
- Be patient. Trust the zones. Let price talk first.
Read Full Article
10 Likes
Newsbtc
1w
273
Is The Bitcoin Bottom In After Trump’s Tariff Pause? Here’s What To Expect
- Bitcoin surged over 8% following Trump's announcement of a tariff pause for most countries, excluding China.
- Trump's tariff rate on China increased to 125%, showing ongoing trade tensions and uncertainty in global markets.
- Market reactions suggest changing expectations around future negotiations, with Bitcoin prices influenced by these shifts.
- A potential deal with China remains unpriced, indicating a significant market response if negotiations progress.
- Funds are re-grossing positions, and short-sellers are covering, reminiscent of COVID period market behavior.
- Concerns about yuan dynamics, high yields, and credit issues persist, impacting risk assets' outlook.
- Goldman Sachs revised its recession baseline after the tariff pause, expecting continued sector-specific tariffs.
- Today's US CPI release may influence BTC's next move, with expectations of around 2.5% YoY and 3.0% to 3.1% YoY for core CPI.
- Market volatility remains high, with concerns over liquidity and safe-haven flows impacting investor behavior.
- Goldman anticipates additional sector-specific tariffs despite the partial tariff pause, adjusting its GDP growth forecast.
Read Full Article
16 Likes
Bitcoinsensus
1w
139
Image Credit: Bitcoinsensus
Should You Buy Solana Now? Price Setup Explained
- Solana experienced a recent move where it grabbed liquidity and reversed, indicating a classic smart money move.
- A new H4 demand zone has potential to fuel the next major upward movement in Solana's price.
- The key is to be patient and wait for a suitable setup before trading. Let the price come to you.
- The current phase is considered a resting phase, where it is recommended to observe the price action and wait for the next setup to develop.
Read Full Article
8 Likes
Bitcoinsensus
1w
265
Image Credit: Bitcoinsensus
HBAR Just Surged—Is It Too Late to Enter?
- HBAR skipped demand zones and surged directly into upper liquidity
- On the H4 timeframe, there are two demand zones with the second one being preferred
- Patience and price confirmation are important when making trading decisions
- Emotional discipline and adherence to a trading plan are essential in cryptocurrency trading
Read Full Article
15 Likes
For uninterrupted reading, download the app