Galaxy Digital’s founder Mike Novogratz shared what an ideal investment portfolio would look like for a young and high-risk tolerance investor during an interview with Bloomberg Wealth, saying that he’d invest in the Chinese giant Alibaba, silver, gold, Bitcoin (BTC), and Ethereum (ETH). “If they were young and had a high-risk tolerance, I’d be buying…
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Bitcoin (BTC) further reduced volatility ahead of the July 30 weekly close as traders eyed an exciting long-term bull signal. BTC/USD 1-hour chart. Source: TradingView BTC price makes weekend “slower than ever” Data from Cointelegraph Markets Pro and TradingView followed sideways BTC price action over the weekend, with BTC/USD sticking in a tiny $150 range.…
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Pro-XRP lawyer, John Deaton, has said that the actions taken by the United States Securities and Exchange Commission (SEC) against the crypto industry are driven by a broader motive to safeguard corporate capitalism rather than prioritizing the protection of investors. Deaton highlighted what he views as an assault on cryptocurrencies, particularly in relation to the…
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In a letter to Judge Lewis Kaplan, the United States Department of Justice (DOJ) sought the revocation of Sam Bankman-Fried’s (SBF) bail, accusing him of attempting to tamper with witnesses, including leaking his ex-girlfriend’s diary entries to the New York Times (NYT). These actions, connected to the FTX case, have raised concerns about witness interference.…
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Australian actress Margot Robbie, who is playing the lead in the new Barbie movie, has caused quite a stir within the crypto community after stating that simply talking about Bitcoin (BTC) gives off Ken vibes. In the last 24 hours, the crypto community on Twitter, including Microstrategy’s Michael Saylor and prominent Youtuber Layah Heilpern, showed…
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The U.S. Securities and Exchange Commission (SEC) suffered another setback on July 28 as the D.C. Circuit overturned a ruling by the regulator ordering that SPIKES Index securities should be treated as ‘futures’ rather than as ‘securities futures’. The judge panel called the SEC order “arbitrary and capricious.” The decision relates to an order from…
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Bitcoin’s price action remains lackluster, but select altcoins are showing signs of breaking out of their respective resistance levels. Source link
An open letter from GitHub, Hugging Face, Creative Commons and other tech firms are calling the European Union to ease upcoming rules for open-source artificial intelligence models. The letter urges policymakers to review some of the provisions of the EU’s Artificial Intelligence Act, claiming that regulating upstream open-source projects as if they are commercial products…
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Representatives Gus Bilirakis, from Florida and of the Republican Party, and Jan Schakowsky, representing Illinois and affiliated with the Democratic Party, both serving in the United States Congress joined forces and took the initiative to address their concerns directly to Apple CEO Tim Cook. on the California-based company’s App Store guidelines and its effect on…
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United States banking advocacy group, Bank Policy Institute, has backed the legislation of Senator Elizabeth Warren, a vocal crypto critic, which calls for more transparency in digital assets to combat financial crime. According to a July 28 Bloomberg report, Warren reintroduced the proposed bill titled ‘Digital Asset Anti-Money Laundering Act of 2023,’ on July 28. The bill…
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