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Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure As Tuesday drew to a close, the broader cryptocurrency market experienced a bearish move, causing major digital assets such as Solana to lose their renewed bullish momentum. Despite the ongoing fluctuations in the price of SOL, the institutional interest in the leading altcoin continues to grow stronger through the SOL-based treasury. A Significant Portion Of Solana Held In Treasury Reserve In the pursuit of a digital asset-based strategic treasury reserve, Solana continues to demonstrate its potential and resilience as a formidable crypto asset for this growing initiative.…

In brief The bill targets AI chatbots and companions marketed to minors. Data has shown widespread teen use of AI for emotional support and relationships. Critics say companies have failed to protect young users from manipulation and harm. A bipartisan group of U.S. senators on Tuesday introduced a bill to restrict how artificial intelligence models can interact with children, warning that AI companions pose serious risks to minors’ mental health and emotional well-being.The legislation, called the GUARD Act, would ban AI companions for minors, require chatbots to clearly identify themselves as non-human, and create new criminal penalties for companies whose…

The Federal Reserve cut rates by 25 basis points today and hinted that its balance-sheet runoff may soon end, arguably the bigger story for Bitcoin.With the overnight reverse repo facility nearly empty at roughly $14 billion, any further quantitative tightening now drains bank reserves directly.That shift means even small tweaks to QT have outsized effects on liquidity, real yields, and the dollar: the two macro dials most tied to Bitcoin’s performance this year.Coming into the meeting, real yields had already eased from summer highs. The 10-year TIPS yield hovered around 1.7%, while five-year forward inflation expectations sat near 2.2%, signaling…

Here’s Why Bitcoin Market Dynamics Are Evolving As New Developments Surface Overnight Source link

Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure Crypto reporter Eleanor Terrett shared that two new altcoin exchange-traded funds (ETFs) are about to start trading on the NASDAQ, beating out Dogecoin and XRP spot ETFs. According to the journalist, everything needed to begin trading is already in place, even though the government is in a shutdown. The legal rules allow these ETFs to go live without government staff needing to approve anything first, so the launches are still moving forward. Litecoin And Hedera ETFs Begin Trading On NASDAQ Terrett explained on X that Canary Funds’…

In brief The CME FedWatch Tool, which uses futures trading data to infer trader sentiment, predicted a near-certain rate cut. The Conference Board’s Expectations Index, a measure of economic sentiment, remained below the threshold that typically signals a coming recession.  Bitcoin has lingered well below the all-time high it set earlier this month. The U.S. central bank slashed the interest rate 0.25% on Wednesday, a widely expected move that left crypto markets largely unimpressed. Bitcoin was trading at about $111,700, down 3% over the past 24 hours. The largest cryptocurrency by market capitalization has sagged more than 10% after dropping below…

Massive AWS and Microsoft Outages Hit Thousands of Users — Here’s What’s Going On Source link

Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure XRP locked escrow tokens have long been perceived as untouchable, yet recent statements from Ripple CTO David Schwartz have stirred debate about what “locked” truly means. Questions around whether Ripple could sell or transfer these tokens have spread across the crypto community, sparking further discussions about market supply, institutional strategies, and potential market impact.  XRP Escrow Rights Can Be Sold Schwartz stated in a post on X social media on Monday that the roughly 35 billion XRP tokens currently in escrow cannot circulate until their scheduled release.…

In brief Bitcoin miner TeraWulf is aiming to raise a total of $575 million to fund its data center plans. The Nasdaq-listed company in August said it was working with Fluidstack to build an AI data center with 168 MW of critical IT load. TeraWulf’s stock was down slightly on Wednesday after spiking the previous day. Nasdaq-listed Bitcoin miner TeraWulf is aiming to raise $575 million to help fund its Google-backed data center ambitions, according to a company announcement on Wednesday. The funding will be raised via $500 million of convertible notes with plans to raise another $75 million in debt…