Crypto News Updates

China has reportedly added domestic AI chips to its government procurement list for the first time. This move signals Beijing’s determination to strengthen local semiconductor capacity and reduce reliance on U.S. technology. US Export Controls and Performance Limits China has added homegrown artificial intelligence (AI) chips to its official procurement list for the first time, […] from Bitcoin News https://ift.tt/F6dLgi7

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The cryptocurrency started the day at $89K before shooting up more than 5% to $94K, once again raising questions about the nature of its price movements. Andrew Tate Joins Chorus Suspecting BTC Price Manipulation When a bank CEO, a trader, and an Internet villain agree on something, it’s worth paying attention to. That is the […] from Bitcoin News https://ift.tt/HyS7Ak4

Odds of the U.S. Federal Reserve trimming the federal funds rate at the Federal Open Market Committee (FOMC) jumped on Tuesday, signaling that futures traders and prediction markets have all but planted a flag on a quarter-point cut as the likely outcome. Market Goes All-In on a Quarter-Point Trim Most of Wall Street’s major indexes […] from Bitcoin News https://ift.tt/d619DAb

The data was provided by global outplacement firm Challenger, Gray & Christmas on Thursday, and may partly explain the recent bitcoin downturn. Layoffs Climb to a Grim Milestone: Nearly 1.2 Million…and Counting A Chicago-based outplacement firm quietly announced a rather dire metric that appears to have largely gone unnoticed: American employers have laid off nearly […] from Bitcoin News https://ift.tt/QPmiDsl

Crown has raised $13.5 million in a Series A round led by Paradigm as the São Paulo fintech expands its institutional stablecoin infrastructure and the circulation of its Brazilian real–pegged token, BRLV. Crown Expands Institutional Stablecoin Push With Paradigm-Led $13.5M Funding In a note shared with Bitcoin.com News, Crown disclosed it raised $13.5 million in […] from Bitcoin News https://ift.tt/UnSGEJc