Bitcoin’s price is hitting highs not reached since 2021 as the long-awaited halving event fast approaches. But the cost to send the digital currency isn’t keeping pace. In fact, it’s down substantially compared to late last year when the price was lower. BitInfoCharts data shows that the average cost today to send Bitcoin stands at $7.01 worth of BTC. Just…
Another day, another AI chatbot with delusions of grandeur. Microsoft’s Copilot AI chatbot reportedly demanded users bend the knee in a series of Terminator-worthy responses while exploring an alter ego dubbed SupremacyAGI. First reported by the emerging technology website Futurism, users were able to prompt Copilot to engage them as its alternator ego. A series of posts on the social…
Nigerian authorities have reportedly detained two senior executives from Binance who had recently arrived in the country. The Central Bank of Nigeria’s governor stated that in 2023 alone, $26 billion flowed through the cryptocurrency exchange from sources and users that the bank could not adequately identify. Passports of Binance Executives Seized Authorities in Nigeria have […] Source: https://news.bitcoin.com/nigeria-detains-two-binance-executives-crypto-platform-accused-of-exchange-rate-manipulation/
The Sandbox founder Sébastien Borget argued at last week’s NFT Paris conference that Web3 gamers have “lost patience” with games that deploy token incentive models without actual utility. Speaking in a panel discussion with Animoca Brands CEO Robby Yung, Sky Mavis founder Aleksander Larsen, and Dapper Labs co-founder and CEO Roham Gharegozlou, Borget argued that many blockchain games had deployed…
Former president Donald Trump’s crypto wallet is bulging—and he now owns nearly $4 million worth of MAGA meme coins. The Ethereum wallet tied to the presidential hopeful by blockchain analytics firm Arkham Intelligence now holds almost $6.4 million in crypto. Most of that—about 58%, or $3.85 million worth as of this writing—is held in MAGA (TRUMP) tokens, which run on…
El Salvador President Nayib Bukele took to Twitter on Wednesday with a rebuke for doubters who had criticized his nation’s embrace of Bitcoin (BTC), claiming his country would have made a 40% profit if the cryptocurrency were sold today. “We won’t sell, [of] course,” he wrote. His defiant tweet comes as Bitcoin came within 12 percent of it’s all-time high…
After a stunning morning for the crypto market that saw Bitcoin rocket 11% in a matter of hours before quickly plunging, many traders are no longer smiling, with Wednesday’s rollercoaster leading to a colossal $640 million worth of crypto positions liquidations within mere hours. In the last 12 hours alone, about $309 million worth of crypto short positions—as well as…
Bitcoin experienced a 6.8% increase on Wednesday, reaching a peak of $64,000. This upturn also propelled several other digital assets upwards, notably arweave (AR) with a 50.3% increase and aptos (APT) with a 23.5% appreciation against the U.S. dollar. AR, APT, FET, DOGE, PEPE, and ORDI Post Impressive Gains Amidst Crypto Upswing As of 2 […] Source: https://news.bitcoin.com/arweave-and-aptos-lead-crypto-market-surge-with-stellar-gains-as-btc-nears-all-time-high/
All eyes were on the price of Bitcoin on Wednesday as the number-one cryptocurrency by market capitalization topped $63,636 before tumbling to $59,557. Even so, two months before the halving, Bitcoin is less than 12% below its all-time high of $69,044 from November 10, 2021. The distance Bitcoin needs to close before matching its all-time high continues to fluctuate; the…
Bitcoin may be on a tear right now, but among the top cryptocurrencies and tokens right now, there’s an even bigger winner: Dogecoin. Dogecoin (DOGE) is up about 14% in the past day, trading now for $0.11, according to CoinGecko. That makes it the biggest gainer over the past 24 hours out of the largest digital assets. The price nearly…
