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President Donald Trump delivered on his campaign promise as he signed the executive order to transform the US into the global crypto capital. The executive order portrays a swift action toward delivering regulatory clarity whose absence has condemned the industry to operate in the gray area. The order signed on Thursday, Jan. 23, aims to
The large Chainlink token holders accumulated more tokens valued at $76.9 million to leverage the recent price slump to $21.50 as analysts predict a potential surge to $80 by May 2025. Looking into the on-chain data shows Chainlink whales bought 3.58 LINK tokens valued at $76.9 million as prices stumbled as the broader market suffered
Bitstars.io stands out in the crowded crypto gaming market with its vast array of games, easy sign-up process, and support for multiple cryptocurrencies. It offers provably fair gaming, ensuring transparency, and enhances player experience through regular tournaments and fast payouts, making it a favorite among blockchain enthusiasts.
Ark Invest capitalized on August 5’s massive market meltdown by purchasing Coinbase (COIN) shares for the first time in several months. Cathie Wood’s investment company acquired $17.8 million worth of Coinbase stock, marking its initial acquisition since June 6, 2023, when it invested nearly $21.6 million. This purchase came as COIN dropped 7.3% to $189.47
The crypto market witnessed its biggest three-day sell-off in 12 months amid weak jobs data in the United States and revived fears of a recession in the coming months. Notably, the crypto market clocked its most considerable three-day sell-off in nearly a year, dropping $510 billion from its total market cap since August 2. The
There are several practical issues and risks for the financial sector when deploying chatbots to interact with retail clients. The financial industry is not a stranger to leveraging AI technology to provide user-friendly, efficient, and effective services. The adoption is expected to accelerate rapidly with the advancements provided by generative AI (GenAI). An emerging and
Donald Trump did not like crypto during his first term in office, and he would not be obligated to execute and fulfill his promises for a second term. The crypto sector is excited by Trump's U-turn on crypto. The former president is all for crypto despite his 2019 comment that crypto is ‘not money,’ based
Bitcoin has exhibited a familiar BTC price behavior as bulls’ most recent push to $70,000 lasted only minutes. The flagship crypto stayed relatively calm and was lower in the July 30, 2024, Asia trading session after a swift rejection at resistance sparked a $4,000 BTC price drop. BTC Fails To Secure Critical Support Data published
An inverse futures contract is a financial arrangement that needs the seller to pay the buyer the difference existing between the agreed-upon price and the current price upon contract expiration. Contrary to the conventional futures, the seller benefits from price drops. Irrespective of the underlying crypto being traded, the contract value of an inverse futures
Bitcoin (BTC) permanent holders increase their balances by 358,000 BTC in a strong commitment to current price levels. The latest CryptoQuant market data shows that BTC whales are “clearly accumulating” as the crypto’s price keeps trading below all-time highs. In a July 24 X post, CEO Ki Young Ju said the flow of coins to
The launch of smart vehicles brought increased convenience and technological advancement to the automotive industry. Nonetheless, with this innovation leap came an important requirement for massive and impenetrable automotive cybersecurity. As vehicles become increasingly connected and dependent on software, they fall victim to many cyber threats. Guaranteeing the security of all the advanced networks is
Bitcoin (BTC) seems to be experiencing a drop in selling pressure from whale investors as its value remains above $66,500. The whales are easing off their selling pressure as Bitcoin keeps gaining strength in the past week, holding above $66,500. CryptoQuant head of research Julio Moreno stated in a July 20 X post: “Bitcoin large
Major Bitcoin sentiment indicators rapidly flipped into ‘greed’ territory amid a steep uptick in the crypto space and the strengthening Bitcoin ETF inflows. Bitcoin sentiment has flipped from ‘extreme fear’ to ‘greed’ and ‘FOMO’ within a few days, with Bitcoin gaining at least 12% in the past week. In a July 16 post to X,
Bitcoin shrugged off the most recent round of German government on-chain transactions, but BTC price resistance trendlines remained out of reach. In that context, BTC revisited $59,000 after the July 9 Wall Street opening as the German government moved most of its Bitcoin holdings. BTC Price Unbothered As German Government Moves Continue Data from TradingView
DPoS is an evolution of the proof-of-stake (PoS) consensus mechanism, ideally designed to increase efficiency, scalability, and democratic governance. Blockchain technology has changed how we see and handle digital transactions, mainly via its consensus mechanisms and decentralized nature. The main aim of these decentralized mechanisms is to guarantee no centralized gatekeeping in managing a blockchain’s
Since it launched in September 2023, Opera Mini’s MiniPay app has attracted over three million users. Major technology firm Opera confirmed upgrading the crypto wallet on its mobile browser Opera Mini by incorporating the biggest stablecoins on the market, Circle’s USDC and Tether USDT. MiniPay, a stablecoin-based self-custodial wallet integrated into Opera Mini, is rolling
An infinite mint attack happens whenever an attacker manipulates a contract’s code to constantly mint new tokens beyond the authorized supply limit. This type of hack is common in decentralized finance (DeFi) protocols. This attack compromises the value and integrity of a token or crypto by developing an infinite quantity of them. For example, a
The publicly-audited firm aims to launch a namesake crypto backed by its portfolio of real-estate assets and equity stakes. New York-based blockchain tech Unicoin now aims for a public stock listing and the launch of its namesake crypto by the end of 2024. Having been in the sector since 2015, Unicoin is developing its token
Some traders believe Germany’s Bitcoin (BTC) selling could be the cause of this week’s plunge, but a negative reaction to related macroeconomic data might be the cause. The total crypto market cap lost 3.9% from June 20 to June 21, heading to its lowest level in five weeks at $2.34 trillion. This drop impacted all