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Bitcoin has shown resilience compared to the broader financial market amid macroeconomic uncertainty, but analysts caution it’s still too early to know whether the trend will last.“We’re not quite there yet, but if Bitcoin holds strength through the upcoming CPI, as well as ongoing Powell-related and equity earnings volatility, the decoupling narrative could evolve from “temporary divergence” to “regime change,” Bitfinex analysts said in an April 23 markets note viewed by Cointelegraph.Bitcoin’s relative strength yet to be proven as structuralThe analysts said that while Bitcoin’s (BTC) relative strength against US equities “appears real,” it is yet to be confirmed as…
The UN Global Compact is the world’s largest sustainability initiative signed by 16,000 companies worldwide. The UN Global Compact is a call to companies everywhere to align their operations and strategies with ten universally accepted principles in the areas of human rights, labour, environment and anti-corruption, and to act in support of UN goals and issues embodied in the Sustainable Development Goals (SDGs). Signing this initiative is an important step in our journey. It connects and aligns our sustainability efforts with the various issues the world is currently facing. This will make our new sustainability strategy more robust and trustworthy…
Cryptocurrency exchange KuCoin is set to branch further into Southeast Asia, targeting the growing crypto market in Thailand. KuCoin is planning to launch a crypto exchange platform offering digital assets and related products in the country, according to an April 23 announcement. ERX Company Ltd, Thailand’s first Securities and Exchange Commission-supervised digital token exchange, has rebranded as KuCoin Thailand effective April 22, it stated. The crypto exchange will operate under ERX, which recently received a crypto exchange license from the Thai financial regulator. “We’re strengthening our ability to offer localized solutions tailored to the Thai market,” said ERX chief executive Att Tongyai Asavanund.Existing ERX…
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A majority of crypto users are willing to allow artificial intelligence agents to manage part of their investment portfolios, according to the results of a recent CoinGecko survey.Among the 2,632 crypto participants surveyed, 87% said they would let AI agents manage at least a tenth of their crypto portfolio, CoinGecko’s April 23 report shows.Around half the respondents said they were willing to let an AI agent manage half their portfolio or less.“This suggests that despite having doubts as to how safe or secure AI agents are, crypto users are still mainly curious about the technology and want to try using…
WILLEMSTAD – The funeral of Pope Francis will take place this Saturday, April 26, the same day the Netherlands and Curaçao celebrate King’s Day. The ceremony will begin at 10:00 AM in the Basilica of Santa Maria Maggiore in Rome. The overlap of these two significant events has sparked questions regarding how King’s Day celebrations will proceed, particularly in the Netherlands. So far, the Dutch Government Information Service (RVD) has not yet commented on whether the program in Doetinchem, this year’s host city, will be adjusted out of respect for the Pope’s funeral. The municipality of Doetinchem has confirmed that…
The Los Angeles Police Department has recovered $2.7 million worth of Bitcoin mining machines it alleges were stolen by a crime ring in a heist at the city’s airport.The LAPD said on April 22 that detectives from its Cargo Theft Unit, along with the city’s Port Police, the railroad-based Union Pacific Police, and the city’s Airport Police, arrested Oscar David Borrero-Manchola and Yonaiker Rafael Martinez-Ramos over the thefts.Authorities claimed the pair are “prominent members” of a South American crime ring tied to the theft and sale of stolen goods in and around Los Angeles.The LAPD said searches of storage unit…
HADERA, Israel AP — Israeli police on Tuesday scoured the Mediterranean coast for a swimmer they fear may have been attacked by a shark in an area that has long seen close encounters between marine predators and beachgoers who sometimes seek them out. A shiver of endangered dusky and sandbar sharks has been swimming close to the area for years, attracting onlookers who approach the sharks, drawing pleas from conservation groups for authorities to separate people from the wild animal. Nature groups say those warnings went unheeded. Police and rescue workers launched a search along the coast after reports that…