SEC charges Jump Crypto subsidiary $123 million for manipulating Terra Luna UST peg

The Securities and Exchange Commission has charged a subsidiary of Jump Crypto, Tai Mo Shan Limited, with misleading investors about Terra USD (UST) after the stablecoin lost its $1 peg. The regulator alleges that Tai Mo Shan participated in trading designed to create the false impression UST’s advertised algorithm solely sustained its price. When UST The post SEC charges Jump Crypto subsidiary $123 million for manipulating Terra Luna UST peg appeared first on CryptoSlate.

Continue ReadingSEC charges Jump Crypto subsidiary $123 million for manipulating Terra Luna UST peg

Bitcoin to hit $1 million within 2 years based on new Satoshi Action Fund model

A new supply-and-demand equilibrium model suggests Bitcoin may surpass $1 million by January 2027, following current trends in adoption, liquidity, and Bitcoin reserves. A recent paper by Dr. Murray A. Rudd and Dennis Porter of Satoshi Action Education integrates Bitcoin’s fixed, inelastic supply schedule and dynamic demand factors, including institutional adoption and long-term holding behavior, The post Bitcoin to hit $1 million within 2 years based on new Satoshi Action Fund model appeared first on CryptoSlate.

Continue ReadingBitcoin to hit $1 million within 2 years based on new Satoshi Action Fund model

Tether invests in European stablecoin issuer as USDT remains non-compliant with MiCA

Tether invests in European stablecoin issuer StablR as Europe’s MiCA rules approach implementation later this month. The move indicates an effort to navigate regulatory conditions that require fully compliant stablecoin issuance within European markets. StablR, now backed by Tether, holds an Electronic Money Institution license from the Malta Financial Services Authority, allowing it to position The post Tether invests in European stablecoin issuer as USDT remains non-compliant with MiCA appeared first on CryptoSlate.

Continue ReadingTether invests in European stablecoin issuer as USDT remains non-compliant with MiCA

IQ launches decentralized autonomous AI agents for conversational trading execution

IQ today announced its Agent Tokenization Platform enabling users to create agents that hold tokens and perform operations on a blockchain. The platform introduces entities that run without centralized oversight, exerting control over their own assets and engaging with on-chain protocols under evolving governance structures. Unlike early AI agent tokens, which largely served as tools The post IQ launches decentralized autonomous AI agents for conversational trading execution appeared first on CryptoSlate.

Continue ReadingIQ launches decentralized autonomous AI agents for conversational trading execution

BlackRock recommends 2% starting allocation to Bitcoin in investment portfolios

According to a paper released Dec. 12, BlackRock suggests that a 1% to 2% Bitcoin allocation in multi-asset portfolios matches the risk levels found in portfolios holding technology stocks. The asset manager, which oversees trillions of dollars, frames this range as a strategic starting point for investors seeking diverse sources of risk. Bitcoin is proposed The post BlackRock recommends 2% starting allocation to Bitcoin in investment portfolios appeared first on CryptoSlate.

Continue ReadingBlackRock recommends 2% starting allocation to Bitcoin in investment portfolios