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The OCC is proposing a federal regulatory framework for payment stablecoins under the GENIUS Act that would set standards for issuance, reserves, supervision, and foreign issuers within its jurisdiction. OCC Seeks Comment on Broad Stablecoin Regulatory Plan Federal banking regulators are advancing oversight of digital assets. The Office of the Comptroller of the Currency (OCC) […]

Anthropic CEO’s said the company will not comply with Defense Department demands as the Pentagon weighs whether to label the company a “supply chain risk.”

Bitcoin is now inching towards $70,000, but there is enough to worry about around $64,000. Crypto analyst Tara expressed concern that Bitcoin’s fifth wave may not be complete, with a prediction that further downside could still be ahead.  In a recent post on X, the analyst noted that the current move could either be the start or the final stretch of a fifth wave decline, and there’s still a possibility of the Bitcoin price falling to as low as $52,000. Double Bottom Support At $59,900 And $60,500 Technical analysis done by crypto analyst Tara shows that Bitcoin has built a major support around the $59,900 to $60,500 range. This area is based on prior swing lows and a visible double bottom formation on the 4-hour candlestick price chart. It also coincides with deeper ...

Bitcoin miner MARA Holdings has entered a strategic partnership with Barry Sternlicht’s Starwood Capital Group to convert its existing mining sites into data center infrastructure for artificial intelligence and cloud computing. MARA shares jumped approximately 17% in after-hours trading following the February 26 announcement. Joint Venture Targets 2.5 GW Capacity The two companies will jointly
The post MARA’s AI Data Center Pivot: Starwood Partnership Targets 2.5 GW appeared first on BeInCrypto.

Block Inc. will cut more than 4,000 jobs, reducing its workforce by nearly half as CEO Jack Dorsey calls it one of the hardest decisions in the company’s history. Block Slashes More Than 4,000 Roles in Companywide Restructuring Block founder Jack Dorsey announced on Thursday, 12 minutes after markets closed, that it will reduce its […]