OneLiners
Ethereum Outpaces Bitcoin in Daily Growth
In the past 24 hours, Bitcoin rose by 0.6%, while Ethereum increased by 1.4%. The leading cryptocurrency traded within the range of $62,408–$64,200, closing the period in the middle of this corridor, whereas ETH moved between $1,645 and $1,714.5.US and Japan to Invest $1 Billion in Quantum Science, AI, and Future Technologies
The US and Japan have announced a strategic partnership under the Genesis Mission. The collaboration will encompass quantum information sciences, AI, fusion energy, new materials, and biotechnology. The partners plan to invest $1 billion over five years, with each side contributing $500 million. Eleven joint teams will integrate 12 national DOE laboratories, one Office of Science user facility, and 12 Japanese research institutes; participants will gain access to DOE computing systems and the Fugaku supercomputer.Coinbase and Ripple Urge Senate Vote on CLARITY Act
More than 200 industry associations, public organizations, and crypto companies, including Coinbase and Ripple, have urged the U.S. Senate to hold a vote on the CLARITY Act. The appeal was sent to Republican Majority Leader John Thune and Democratic Leader Chuck Schumer, according to The Block. The CLARITY Act aims to establish regulatory guidelines for the digital asset market in the U.S. and delineate the authority of supervisory agencies.UK’s FCA Proposes Allowing Funds to Hold Crypto ETNs
The UK's Financial Conduct Authority (FCA) has proposed allowing regulated retail investment funds to hold up to 10% of their assets in exchange-traded notes (ETNs) on crypto assets. The regulator deems a higher proportion inappropriate due to the speculative nature of the underlying assets and is not currently considering direct investments by authorized funds in cryptocurrencies.We use cookies to improve the quality of our service.
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