As of now, the price of bitcoin has decreased by 23.4% from its peak of $73,737, reached on March 14, 2024, about four months ago. Metrics indicate that this is the longest period in bitcoin’s history without a 25% decline during a bull market. In contrast, both the 2017 and 2021 bull markets experienced several […] Source: https://news.bitcoin.com/past-vs-present-examining-bitcoins-history-of-bull-market-corrections/
Amitt Mahajan—founder and CEO of Proof of Play, the developer of crypto game Pirate Nation—predicts that eventually there will be thousands of dedicated blockchains that each support individual applications. This comes after his experience building the viral Facebook game Farmville. During his time developing the casual farming simulator, Zynga operated approximately 64 databases simply to prevent the game from crashing.…
Over the past week, non-fungible token (NFT) sales have increased despite the significant decline in the broader crypto market. Approximately $109 million in NFT sales were recorded, marking an 8.1% rise from the previous week. NFT Transactions Surge 45.57% as Weekly Sales Hit $109M NFT sales rebounded in the past seven days, climbing 8.1% to […] Source: https://news.bitcoin.com/nft-sales-rise-8-higher-amid-broader-crypto-market-downturn/
The drop in mining difficulty should spell relief for the largest mining firms. Source: https://cointelegraph.com/news/bitcoin-mining-difficulty-hits-lowest-level-march-price-tops-57-k
UBS is witnessing a transformative shift in client interactions driven by artificial intelligence, according to Sabine Keller-Busse, the head of the Swiss bank’s domestic business. Keller-Busse compared the change to how patients now approach doctors with self-diagnosed conditions. UBS Sees AI Revolutionizing Financial Interactions Artificial intelligence (AI) is reshaping the banking industry, with clients increasingly […] Source: https://news.bitcoin.com/ubs-executive-highlights-ais-impact-on-banking/
Tap-to-earn games are a new genre of crypto game that have taken the messaging app Telegram—and the world—by storm. The concept is simple: You message a Telegram bot to start the game, the game loads within the Telegram app itself, and then you tap a coin or icon at the center of the screen to earn points or in-game coins.…
Sam Bankman-Fried’s political donation activities were allegedly a family affair, involving his brother, mother, and father. Bankman-Fried, the founder of FTX, reportedly directed over $100 million in political contributions with his family’s help, according to emails reviewed by the Wall Street Journal (WSJ) and reporter Alexander Osipovich. Wall Street Journal Report Uncovers Bankman-Fried Family’s Alleged […] Source: https://news.bitcoin.com/report-family-at-the-center-of-sam-bankman-frieds-campaign-contributions/
The green crypto revolution is in top gear, and eTukTuk (TUK) is leading the way. As this eco-friendly project enters its final presale stage, investors are scrambling for their last shot to grab TUK tokens before the July 15 deadline. eTukTuk Presale Nears End – Last Chance to Grab TUK Tokens Talk about a wild […] Source: https://news.bitcoin.com/eco-friendly-gaming-crypto-etuktuk-enters-final-presale-stage-last-chance-to-buy-tuk/
The peer-to-peer payments company aims to grow Web3 beyond its current crypto-native audience. Source: https://cointelegraph.com/news/valora-launches-mobile-stack-web3-dapp-launchpad-i-os-android
U.S. spot bitcoin exchange-traded funds (ETFs) saw their first day of inflows following two days of outflows. The 11 funds garnered $143.1 million during Friday’s trading sessions, closing out the week on a positive note. Friday’s ETF Action Bounces Back After 2 Days of Outflows On Friday, the 11 spot bitcoin ETFs performed significantly better […] Source: https://news.bitcoin.com/us-spot-bitcoin-etfs-attract-143-million-in-inflows-amid-btc-price-drop/
