Lawmakers in Taiwan are reportedly aiming to push out a first draft of a special law by the end of November 2023, according to a report from The Block.

I had long been optimistic that we could power through this transition without layoffs, but in retrospect, I see that this was unrealistic,” Sweeney added.

Meanwhile, multiple Bitcoin chart analysts anticipate BTC to go on an extended bull run in late 2023 and throughout 2024.

Related: Huobi’s new name, HTX, raises community eyebrows

In Q1 2023, MicroStrategy reported its first profitable quarter since 2020 due to a one-time income tax benefit. The company managed to retain profitability in the next quarter, reporting $22.2 million in net income in early August.

FTX initiated legal action to reclaim $157.3 million, alleging that the funds were illicitly withdrawn shortly before the exchange’s bankruptcy filing.

Bollinger Bands can be used to create reversal signals, which are indicators of possible trend reversals. For instance, a possible reversal from an overextended condition may be indicated when the price moves outside the bands and then reenters (below the lower band for a downtrend or above the upper band for an uptrend).

A new approach is needed to mitigate the negative environmental impact of AI and cloud computing while preserving innovation, with blockchain emerging as a potential solution.

“Crypto is full of fleeting promises and momentary successes along the pathway to mass adoption,” CoinShares Hedge Fund Solutions head Lewis Fellas said. The requirements of institutional cryptocurrency investors are “constantly evolving with the changing risk landscape,” he noted.