63 banks considered to be of serious concern or unviable – Bitcoin anyone?

As a crypto investor with experience in the financial industry, I find the FDIC’s Quarterly Banking Profile for Q1 2024 deeply concerning. The fact that 63 banks were rated as “poor performance that is of serious supervisory concern” or “unsatisfactory performance that is critically deficient and in need of immediate remedial attention,” is a clear … Read more

ChatGPT Down Worldwide, OpenAI Working on Solution

As a crypto investor who heavily relies on advanced AI tools like ChatGPT for market analysis, I’m deeply concerned about the ongoing service disruptions. This isn’t just an inconvenience; it could potentially impact my investment decisions and ultimately affect my financial wellbeing. As an analyst, I’ve been observing the ongoing predicament with ChatGPT, and based … Read more

Fidelity’s crypto custody business records 60% loss in 2023

As a seasoned crypto investor with a keen interest in following the latest developments within the industry, I find Fidelity Digital Assets’ recent financial report disheartening. Having closely monitored their expansion into the crypto custody business since its inception in 2018, it is disappointing to see such significant losses and declining revenue. As a crypto … Read more

Legal expert discusses how US political climate could redefine crypto regulations

As an analyst with a background in finance and politics, I believe that the role of cryptocurrencies in the 2024 U.S. elections will be significant and potentially game-changing for the industry. With bipartisan support for cryptocurrency-related legislation and key figures from both parties expressing pro-crypto sentiments, it’s clear that the regulatory landscape is shifting in … Read more

CFTC Names CEO Of Aptos Labs To Its Digital Assets Subcommittee

As a crypto investor with a background in tech and finance, I’m thrilled to see Mo Shaikh, the CEO of Aptos, being appointed to the Digital Assets Subcommittee of the Commodity Futures Trading Commission (CFTC). This is a significant recognition for Aptos, especially considering that their Layer1 blockchain was only launched last year. As a … Read more