On March 23, the world watched as United States lawmakers questioned TikTok CEO Shou Chew at a House Energy and Commerce Committee hearing in Washington. In the hearing, lawmakers grilled the CEO over suspicions that the Chinese government is gathering user data through the app. The intensity of the exchanges went viral online, with many believing that a ban —…
Month: March 2023
BTC Drops Below $28,000, ETH Under $1,800 – Market Updates Bitcoin News
Bitcoin was once again trading below the $28,000 level on Friday, as markets consolidated ahead of a key day of economic data. The University of Michigan releases its monthly consumer sentiment report, which is expected to come in lower than February’s sum. Ethereum also declined in today’s session. Bitcoin Bitcoin (BTC) fell below the $28,000 level on Friday, as markets…
Stellar’s XLM bounces 15% two days after hitting record low versus XRP
The price of Stellar (XLM) rebounded 15% versus its arch-rival XRP (XRP) two days after the XLM/XRP pair set a record low of 0.181. Notably, the XLM/XRP pair rose to its intraday high of 0.20 XRP on March 31, a move that coincided with a decoupling between Stellar and XRP in the U.S. dollar market. For instance, XLM’s price has…
Bitgo Launches Storage and Tracking Solution for Bitcoin-Based Ordinal Inscriptions – Bitcoin News
On Thursday, digital asset custody provider, Bitgo, announced the launch of its storage and tracking solution for Bitcoin-based Ordinal inscriptions. Moreover, users can use Bitgo’s Ordinal inscription storage system to inscribe their own inscriptions onto the Bitcoin blockchain. Bitgo’s New Solution Allows for Safe Sending of Ordinal Inscriptions Bitgo has announced a new storage solution for Bitcoin-based Ordinal inscriptions that…
BUSD deposits and withdrawals via OCBS suspended on Binance.US
Amid the ongoing uncertainty around the global banking turmoil, Binance’s United States-based arm Binance.US is halting some services. According to Binance.US status dashboard, the U.S. crypto exchange on March 31 disabled Binance USD (BUSD) stablecoin pairs via One Common Billing System, referred to as OCBS. The affected services include BUSD crypto deposits and withdrawals, or buying, selling and converting crypto…
South Korean National Assembly to Pass Digital Asset Law in April – Regulation Bitcoin News
After several failed attempts in the past, the South Korean National Assembly is now expected to pass its digital asset market regulation in April, a report has said. Kim Hee-gon, a member of the Political Affairs Committee’s first subcommittee, said the prospects of this happening were bolstered after members agreed to narrow their differences. Politicians Narrow Their Differences According to…
Stopping ChatGPT Development Is a ‘Bad Idea’: Coinbase CEO
While some prominent voices in the tech industry are calling for a temporary pause in ChatGPT’s upgrades, the CEO of America’s largest crypto exchange Coinbase made it clear he opposes the move. “Count me among the people who think this is a bad idea,” Brian Armstrong wrote in a recent tweet. “There are no ‘experts’ to adjudicate this issue, and…
BTC price to $22K? Watch these key levels into Bitcoin monthly close
Bitcoin (BTC) is back below $28,000 as the countdown to the monthly close keeps everyone on their toes. BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView 200-week trend line among popular BTC price targets Data from Cointelegraph Markets Pro and TradingView shows BTC/USD dropping to two-day lows of $27,533 on March 31. A modest bounce means that the pair is trading…
How Undeads Metaverse Aims to Win Over Traditional Gamers
Leo Kahn has always played games. Whether it was Super Mario Bros. on his Nintendo growing up, or when looking to unwind after a tough day as CEO of Undeads, gaming has been a constant fixture in his life. But whenever he’s tried to connect his love of all things blockchain with his passion for gaming he’s always come away…
Here’s how the crypto industry is using artificial intelligence
The use of artificial intelligence (AI) in crypto, though still in its very infant stages, has shown prospects for growth. According to statistics, the blockchain AI market is projected to grow from $220.5 million in 2020 to $973.6 million in 2027 at a CAGR of 23.6% in the 2020-2027 period. Countless projects are trying to put AI at the forefront…