Thanks to oil production cuts and major historical resistance, among other factors, Bitcoin bulls have their work cut out to break higher. Source: https://cointelegraph.com/public/index.php/news/btc-price-double-top-coming-5-things-to-know-in-bitcoin-this-week
Italy’s ban on conversational artificial intelligence (AI) ChatGPT sparked major controversy among the tech industry as well as in the country. The Italian Deputy Prime Minister Matteo Salvini expressed criticism that the block over privacy concerns seemed excessive. On Friday, following concerns raised by the national data agency about possible privacy violations and failure to verify the age of users,…
Decentralized multichain digital wallet solution BitKeep Wallet has announced that it has surpassed 10 million users as of April. The platform has seen tremendous growth in recent months, with over 560,000 new users onboarded in March alone. The surge in users can be attributed to several successful campaigns with popular blockchains like Arbitrum and Sui. BitKeep’s Arbitrum campaign saw the…
Bitcoin (BTC) starts a new week in volatile territory as news of an oil supply cut delivers a choppy start to the week. Still caught at major historical resistance, BTC/USD delivered an unappetizing weekly close on the back of news that oil production cuts will now enter. A subsequent rebound may show bulls’ mettle, but the question for analysts is…
So far so steady for the crypto markets this April. Standing out from the crowd, however, is Dogecoin (DOGE). The popular meme coin fell to a daily low of $0.76 on Monday morning before recovering to $0.079 by press time. This represents a 5% drop for Dogecoin, making it the largest among the major cryptocurrencies, according to data provided by…
Financial media outlet Bloomberg revealed a new artificial intelligence (AI) model with the aim of opening new ways to use the data available within the company’s terminal. Many responded to the new development, with some saying that this sparks “the next wave” of corporate AI. On March 30, Bloomberg released a research paper that provides detailed information about the development…
Bitcoin (BTC) market liquidity had dropped to a 10-month low, despite a bullish quarter in terms of price gain. The liquidity dry-up is partly attributed to the bank run in the United States and the ongoing regulatory actions on crypto companies. The liquidity situation in crypto is worsening after the banking fears this month I dived into several liquidity metrics…
The government of India has announced that it will facilitate the settlement of international transactions using its national currency, the rupee. As part of its foreign trading policy framework implemented on April 1, the country introduced this measure to facilitate payments for countries experiencing a U.S. dollar crush. India to Offer Rupee-Based Settlement Options for International Commerce India’s government is…
Paris Blockchain Week celebrated its fourth edition in spring 2023 against a backdrop of riots, protests and general civil malaise. The builders in the Bitcoin (BTC), crypto, and Web3 spaces were unfazed by protesters chanting and dancing on the doorstep of the conference venue. The event took place against the backdrop of ongoing protests in Paris and worsening macroeconomic conditions…
Ethereum co-founder Vitalik Buterin wants to see zero-knowledge Ethereum Virtual Machines (zk-EVMs) built on Ethereum’s first layer to speed up the verification process on the base blockchain. Buterin explained in a March 31 post that it’s possible to integrate a zk-EVM on the base layer without compromising on decentralization and security. The technology enables Ethereum Virtual Machines to execute smart…
