Economy & Business

Federal lobbying expenditures by major technology companies have reached unprecedented levels this year. However, with progress on federal artificial intelligence (AI) regulation currently stalled in Washington, industry leaders are increasingly directing their attention towards state legislatures. California has emerged as a key battleground, mirroring the strategies employed in the federal

The crypocurrency market is currently experiencing heightened levels of stress, as evidenced by a significant outflow of Bitcoin from short-term holders. According to on-chain analytics platform CryptoQuant, approximately 35,100 Bitcoin coins were transferred to exchanges by these holders over the past 24 hours. At prevailing market prices, this represents

The cryptocurrency market experienced a renewed period of downward pressure over the past 24 hours, with both Bitcoin and Ethereum exhibiting significant price declines. This sell-off triggered a substantial wave of forced liquidations across various derivatives markets, highlighting the continued influence of leveraged trading. Market data indicates a notable increase

Tether, a prominent issuer of stablecoins and other digital assets, has significantly bolstered its offering of tokenized gold with a substantial minting of its XAUT (XAUT) tokens. Recent on-chain data from Etherscan reveals that approximately 192,657 XAUT tokens were minted, representing a staggering nearly $1 billion in value based