Author: driver789

Vancouver Mayor Ken Sim’s plan to invest city reserves in bitcoin BTC$70,614.48 is not permitted under the Vancouver Charter and British Columbia’s Municipal Finance Authority Act, a staff report says.The briefing released ahead of a March council meeting recommends closing a 2024 motion to make Vancouver a “bitcoin-friendly city,” after staff determined the plan violates municipal investment rules embedded in the city’s charger. Staff wrote they “conclusively determined that under the Vancouver Charter, bitcoin is not an allowable investment asset for the City.”The conclusion reflects the highly restrictive framework governing how Canadian municipalities can invest public funds. Section 201 of…

Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure Ethereum has pushed back above the $2,100 level, signaling a modest improvement in market sentiment after weeks of volatility and uncertain price action. The move above this key threshold comes as the broader crypto market begins to stabilize, allowing ETH to recover some of the momentum lost during the recent correction. While the recovery remains cautious, recent on-chain data suggests that trading activity around Ethereum is beginning to intensify. According to a recent report from CryptoQuant, the ETH Binance 30-day Exchange Liquidity Ratio reveals a notable shift…

In a report published Thursday, Reuters said the long-anticipated crypto market structure legislation, known as the CLARITY Act, may be at risk of not being signed into law in 2026. The uncertainty comes as opposition from the banking sector intensifies, particularly over key provisions tied to stablecoin regulation. Deadlock In Crypto Legislation Per the report, the legislation has run into a fresh stalemate after banks declined to support a compromise proposal advanced by the White House. That breakdown in negotiations has cast serious doubt on whether Congress can move the bill forward before the legislative window narrows ahead of the…

PEI Licensing, the firm behind the clothing brand Original Penguin, has filed a lawsuit against the nonfungible token project Pudgy Penguins, alleging trademark infringement, dilution and unfair competition. The lawsuit, filed in a Florida federal court on Wednesday, focused on claims around Pudgy Penguins’ apparel, accusing the company of using a “family of penguin trademarks that are confusingly similar” to its own.“This action results from Defendant’s unauthorized use and attempted registration of various PENGUIN word and design trademarks in connection with apparel and related goods and services that are confusingly similar to PEI’s federally registered and famous PENGUIN and penguin…

Bitcoin BTC$70,181.24 and global equity markets have stabilized after an early-week sell-off and oil price spike that was triggered by the outbreak of military conflict between the U.S., Israel, and Iran. Bond markets, however, are signaling caution, as rising yields signal renewed inflation concerns and dwindling bets on Fed rate cuts.BTC, the leading cryptocurrency by market value, traded above $70,000 Friday, up nearly 10% for the week. Prices briefly climbed to nearly $74,000 Wednesday after dropping to around $65,000 over the weekend as geopolitical tensions rattled markets.The rebound has been mirrored in equity futures. Contracts tied to the S&P 500…

XRP ($1.40 · Live)-globally.png” alt=”Crypto Founder Shares How XRP Could Become a Global Reserve Asset”>An XRP community figure and crypto founder recently shared a pathway through which XRP could become a global reserve asset. Discussions about XRP becoming a global reserve asset have picked up speed, especially after the United States added XRP to its crypto stockpile in March 2025.Visit Website

Aayush Jindal, a luminary in the world of financial markets, whose expertise spans over 15 illustrious years in the realms of Forex and cryptocurrency trading. Renowned for his unparalleled proficiency in providing technical analysis, Aayush is a trusted advisor and senior market expert to investors worldwide, guiding them through the intricate landscapes of modern finance with his keen insights and astute chart analysis. From a young age, Aayush exhibited a natural aptitude for deciphering complex systems and unraveling patterns. Fueled by an insatiable curiosity for understanding market dynamics, he embarked on a journey that would lead him to become one…

OpenAI’s latest financial-services tools plug ChatGPT into FactSet, Third Bridge, Excel, and Google Sheets, laying the groundwork for AI agents that can treat crypto as just another institutional asset class. Summary Tools let finance professionals pull data, run models, and draft memos directly in ChatGPT. The same setup can be wired into crypto market and on-chain data, lowering the barrier to automated strategies. OpenAI’s broader push into financial workflows positions AI as core infrastructure for both tradfi and digital assets. OpenAI’s move to wire ChatGPT directly into FactSet, Third Bridge, and spreadsheet environments is being sold as a play for…

A small Texas mining hardware company is releasing what it says is the most powerful open-source touchscreen bitcoin miner currently available to home users. Houston-based Solo Satoshi announced the launch of the Bitaxe Turbo Touch, a compact device designed for hobbyists and home miners that delivers more than double the hashrate of other touchscreen miners in its category. According to a note shared with Bitcoin Magazine, the unit produces about 2.15 terahashes per second (TH/s). The product builds on the open-source Bitaxe GT 801 platform and is powered by dual BM1370 ASIC chips, the same chips used in the industrial-scale…

Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure Ethereum may have bounced back above the $2,100 price level once again, but it is still far away from its recent all-time high of $4,900. Even with ETH falling this hard from its recent high, big companies are still adopting the leading altcoin, and Bitmine Immersion is demonstrating this institutional demand. Bitmine Adds More Ethereum Amid Turbulent Conditions Despite ongoing market turbulence, popular company Bitmine Immersion is pressing forward with its crypto expansion strategy, acquiring more Ethereum into its portfolio. The behavior suggests that the firm is…