NewsTimely, comprehensive, professional, and accurate information and data to stay updated on the latest news about blockchain, cryptocurrency, and Bitcoin.FameEX Hot Topics | UBS Foresees Continuation of US Dollar Dominance for 'Years Ahead'Swiss investment banking giant UBS has expressed its conviction that the U.S. dollar's dominance will persist into the foreseeable future. Despite the recent Fitch Ratings' downgrade, Alejo Czerwonko, Managing Director and Chief Investment Officer Emerging Markets Americas at UBS Global Wealth ManagBTC0.00%ETH0.00%2023-08-10 08:26:30FameEX Hot Topics | SEC Chair Alerts to Potential of AI in Fueling Future Financial CrisesU.S. Securities and Exchange Commission (SEC) Chairman Gary Gensler has sounded a warning about the potential for artificial intelligence (AI) technology to become a catalyst for future financial crises. Gensler's concerns center around the economic dynamics of scale and networks inherent in AI tech2023-08-09 08:10:40FameEX Morning Crypto News Recap | August 9, 2023US Representative Patrick McHenry Envisions Stablecoins as a Cornerstone of Our Modern Payment SystemUS Representative Patrick McHenry, chair of the House Financial Services Committee, supports PYUSD, a USD-pegged stablecoin by Paypal. He believes regulated stablecoins could be integral to the moder2023-08-09 04:03:10FameEX Hot Topics | Federal Reserve Governor Suggests Potential for Further Interest Rate HikesFederal Reserve Governor Michelle Bowman addressed the possibility of implementing additional interest rate hikes to achieve price stability. During an event hosted by the Kansas Bankers Association in Colorado, she expressed support for the rate hike decision made at the Federal Open Market Committ2023-08-08 08:05:15FameEX Morning Crypto News Recap | August 8, 2023Bitfarms Commences Construction of 50 MW Bitcoin Mining Farm in ParaguayBitfarms Ltd. is underway with the construction of a 50 MW Bitcoin mining facility in Paraguay, near its existing operations in Villarrica. The project is set to be completed and operational by Q1 2024. PayPal, the Payments Gian2023-08-08 04:14:10FameEX Weekly Market Trend | August 7, 20231. Market TrendBetween August 3 and August 6, the BTC price fluctuated between $28,807.54 and $29,433.33, with a volatility of 2.17%. From the 1-hour chart, the BTC trend has been relatively stable in the past few days, with small fluctuations. The price once dropped below $29,000 but quickly recove2023-08-07 10:07:41FameEX Hot Topics | The Frenzy of AI Mania Nears Its EndThe first half of 2023 witnessed an astonishing influx of over $25 billion in funding for AI large language models (LLMs). This surge has positioned the AI industry as a dominant force in the venture capital (VC) market, replacing the once hot cryptocurrency sector. However, signs of weaknesses in t2023-08-07 08:07:50FameEX Morning Crypto News Recap | August 7, 2023Miami Mayor Francis Suarez Embraces Cryptocurrencies for 2024 Presidential CampaignMiami Mayor Francis Suarez, a 2024 presidential candidate, disclosed his acceptance of cryptocurrencies for campaign contributions during a Coindesk TV broadcast on August 4, 2023. He became the first Republican candi2023-08-07 03:57:35FameEX Hot Topics | Kremlin Acknowledges 'Nuances' in BRICS Members' Views on Bloc ExpansionThe upcoming BRICS summit in Johannesburg is set to prioritize the issue of the organization's enlargement, according to Dmitry Peskov, the Press Secretary for Russian President Vladimir Putin. As the group of developing economies receives growing interest from several nations seeking membership, thBTC0.00%ETH0.00%2023-08-04 08:23:16Optimism Transactions Outpace Arbitrum, But Why Are More People Using It?Recently, transactions on Optimism surpassed those on the Arbitrum system, but are the project's foundations strong enough to maintain long-term growth?Source: validvent.comBuilt on top of Ethereum, Optimism functions as a stand-alone blockchain and provides layer-2 scalability. In the growing compeBTC0.00%ETH0.00%OP0.00%2023-08-04 08:22:561...129130131...221
