Crypto Roundup: HIVE Cuts BTC Holdings, TapTools Shuts, Bloomberg Warns of 'Coldest' Winter
HIVE Blockchain reduced its bitcoin reserves to 150 BTC. Cardano-based TapTools is shutting down. Bloomberg predicts the most severe crypto winter yet. Regulators from New York and the EU agreed on stablecoin oversight.
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A roundup of today's crypto headlines:
- HIVE Blockchain cut its bitcoin holdings to 150 BTC, signaling continued selling by miners.
- Cardano service TapTools announced it will cease operations.
- Bloomberg forecast a “coldest” crypto winter in history, adding to bearish sentiment.
- The Blockchain Association urged the U.S. Senate to pass the CLARITY Act, a crypto regulatory bill.
- Microsoft unveiled its Majorana 2 quantum chip, a tech milestone.
- Uber reportedly limited employee spending on AI tools.
- Cuba's postbank discussed the possibility of a crypto economy under sanctions.
- New York and EU regulators agreed to collaborate on stablecoin monitoring.
Source: ForkLog