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Arthur Hayes: Bitcoin Got 'Thrown Out With The AI Bathwater,' But Three Factors Could Pop The Bubble
benzinga11d ago

Arthur Hayes: Bitcoin Got 'Thrown Out With The AI Bathwater,' But Three Factors Could Pop The Bubble

Arthur Hayes made his name posting his own trades, but the BitMEX co-founder is now denying that he used his followers as exit liquidity, dumping altcoins on them after hyping the tokens. His defense doubles as a theory for why Bitcoin (CRYPTO: BTC ) has lagged while AI stocks soared. The accusation came from on-chain investigator ZachXBT, who said Hayes pumped tokens like Zcash and Worldcoin, then sold them on his audience. Hayes pushed back, saying he is not a money manager or financial advisor and never tells anyone what to buy. Why Hayes Says Bitcoin Got Left Behind Hayes admitted his old model was wrong. He has long argued that rising fiat liquidity should lift Bitcoin, yet the coin has fallen even as the ... Full story available on Benzinga.com

#CRYPTO
UN labor organization sets first global standards for gig workers
gmanetwork_ph11d ago

UN labor organization sets first global standards for gig workers

GENEVA - The International Labour Organization agreed on Friday to adopt the first binding employment standards for gig workers in sectors such as ride-hailing and food delivery, potentially giving them rights on pay, safety and social benefits.

#ECONOMY
Scots urged to unlock £283m for economy by backing local businesses
deadlinenews11d ago

Scots urged to unlock £283m for economy by backing local businesses

SCOTLAND could unlock almost £283 million for its economy if every person in the country spent just £1 more a week with local businesses, according to the findings of a campaign. The figure has been highlighted as Scotland Loves Local Week launches on Saturday, with communities and business groups across the country urged to back [...] The post Scots urged to unlock £283m for economy by backing local businesses appeared first on Deadline News .

#ECONOMY
UPSDM, NSE signMoU for fin skills
toi11d ago

UPSDM, NSE signMoU for fin skills

UP Skill Development Mission and NSE sign MoU to deliver financial literacy training to 1.5 lakh youth across 1,000+ centres, starting next week.

#COMMODITIES
IMF staff reaches deal with Ukraine for $690 mln disbursement, pending board approval
cyprus_mail11d ago

IMF staff reaches deal with Ukraine for $690 mln disbursement, pending board approval

The International Monetary Fund on Friday said it had completed its first review of Ukraine’s $8.1 billion loan programme, paving the way for the war-torn country to receive a second tranche of $690 million despite Kyiv’s failure to meet a key condition. The IMF’s board must still approve the agreement. Ukraine met all quantitative performance [...]

#ECONOMY
Large FIEs preparing for IPOs in Vietnam
vir_vn11d ago

Large FIEs preparing for IPOs in Vietnam

Vietnam has reached a consensus on allowing large foreign invested enterprises to conduct IPOs and list on the domestic stock market with a number of major candidates already preparing listing applications according to the State Securities Commission

#STOCKS