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Bitcoin traders express optimism even as BTC price targets shift lower
5.7.2024
Bitcoin traders say “the bottom is in” even as BTC price retests the 200-day moving average and threatens to descend lower
Phoenix BCH Miner Elevates Hashrate to New Highs, Raising Concerns Within the Community
5.7.2024
The rise in hashrate allocated by unknown miner Phoenix to the BCH network has raised questions about the true motives of this action. Phoenix took BCH’s hashrate to over 10 EH/s, processing a relevant part of all the blocks and receiving the correspondent subsidy during the last days,...
Bitcoin price falls to 2-month low, but derivatives markets reflect traders’ interest
4.7.2024
Bitcoin price is pinned below $60,000, but derivatives and stablecoin data show traders remain optimistic
Crypto startup launches tokenized US Treasury bonds on Bitcoin layer-2s
4.7.2024
The new tokenized assets offer the stability of the Bitcoin network with admirable yield
RWA Startup Hamilton Tokenizes US Treasury Bills on Bitcoin L2 Solutions
4.7.2024
Hamilton has announced the tokenization of U.S. Treasury bills on Bitcoin’s layer two (L2) platforms, stating that it marks a significant advancement in bridging traditional finance with Bitcoin’s decentralized finance (defi) sector. The move aims to enhance financial accessibility...
Opentensor Foundation Addresses Bittensor Security Breach
4.7.2024
The Opentensor Foundation, the development team behind the Bittensor chain, has tackled a recent security breach affecting the network, impacting several community members. The foundation insisted that prompt actions were implemented to mitigate the attack and prevent future incidents. Malicious...
Meta Launches Awards to Drive AI Innovation in Developing Regions
4.7.2024
Meta launched the Meta Llama Impact Innovation Awards to support organizations in developing regions that use Meta’s advanced AI models, Llama 2 and 3, to solve local problems in education, environment, and other areas. The AI models are recognized for their enhanced reasoning capabilities...
Fed’s Minutes Report Cites High Inflation and Economic Risks in Decision to Hold Rates
4.7.2024
According to the minutes from the Federal Reserve’s Federal Open Market Committee (FOMC), the choice to maintain the federal funds rate in its current range was driven by concerns about ongoing inflation and economic instability. Economic Instability and Inflation Keep Fed Rates Steady At...
Unveiling the Future: Mr. Black’s Cryptic Art and Censorship Concerns
4.7.2024
PRESS RELEASE. The enigmatic artist Mr. Black, known for his cryptic street art and ambitious 21,000-piece ordinal collection on the Bitcoin blockchain, claims that the Messianic Age will be revealed once the collection is fully minted. However, recent developments suggest that Mr. Black might...
DWF Labs Launches $20 Million Cloudbreak Fund
4.7.2024
DWF Labs announced the launch of a $20 million Cloudbreak Fund aimed at supporting Web3 projects in Chinese-speaking regions. The fund will provide investments and strategic resources to help emerging projects achieve their potential. DWF Labs Reveals Cloudbreak Fund for Web3 Projects...
Pro Bitcoin MicroStrategy & MARA Show Support Amid BTC Dip
4.7.2024
MicroStrategy was the best-performing stock in the year’s first half because its shares rose by 380%, mainly because of the $13.3 billion worth of Bitcoin in its treasury. Although the cryptocurrency market has been going through a bearish phase, this has not affected the company negatively...
Pro Bitcoin MicroStrategy & MARA Stocks Surge Despite BTC Dip
4.7.2024
MicroStrategy was the best-performing stock in the year’s first half because its shares rose by 380%, mainly because of the $13.3 billion worth of Bitcoin in its treasury. Although the cryptocurrency market has been going through a bearish phase, this has not affected the company negatively...
Bitcoin’s Daily Mining Revenue Dollar Value Plummets to Historic Low
4.7.2024
Bitcoin’s hashprice, or the anticipated value of 1 petahash per second (PH/s) of hashing power per day, has plummeted to a historic low. According to Luxor’s hashprice index, at 6 a.m. EDT on July 4, 2024, the price per petahash dropped to $44.842 per PH/s. The dollar value of daily...
WienerAI Raises $7M Through Trending Presale: Could This AI Meme Coin Explode?
4.7.2024
WienerAI (WAI) is proving there’s still plenty of appetite for new meme coins. This AI-powered token has just passed the $7 million mark in its ongoing presale as retail investors pile in. But WienerAI isn’t just another joke coin – it’s bringing some serious tech (and...
Insights on Buy the Dip Opportunity of Bitcoin
4.7.2024
The potential of the ‘Buy the Dip’ opportunity for Bitcoin is examined by cryptocurrency market experts. The Buy the Dip opportunity is a strategy that involves purchasing digital assets or cryptocurrency when their prices experience a temporary decline in the marketplace. The current trends in...
Bitcoin Hits New Low Since February, Options Market Stays Optimistic
4.7.2024
According to the latest data, $305.43 million was liquidated across crypto derivatives exchanges when bitcoin dipped below $57,000. One analyst predicts that with the Mt Gox and German government sell-offs, “supply will likely outstrip demand.” Conversely, QCP Capital notes that...
$207 Million Invested in AI, Crypto and Blockchain Startups in 96 Hours
4.7.2024
Based on data from the past four days, 14 distinct artificial intelligence (AI), cryptocurrency and blockchain startups and projects secured approximately $207.28 million in investor funding. The leading entity for July is Sentient, an open-source AI platform, which garnered $85 million from...
Bitcoin price hits a two-month low; $50k support
4.7.2024
The downward movement of Bitcoin’s prices appears to be accelerating as a result of concerns about the use of pressure tactics in sales. This was the general observation of the non-functioning exchange, Mt. Gox, as traders maintained a distance from the token. The most sought-after...
PEPE Trembles as Mpeppe (MPEPE) Popularity Soars – Is This the End of the Meme Coin Rivalry?
4.7.2024
PRESS RELEASE. The world of meme coins has been dominated by Pepe (PEPE) for quite some time. However, a new contender, Mpeppe (MPEPE), is rapidly gaining traction, posing a significant challenge to Pepe (PEPE)’s supremacy. As Mpeppe (MPEPE) continues to attract a growing number of investors...
Bitcoin Spot ETFs Bleed as BTC falls to $57K
4.7.2024
Bitcoin is down, and so is the rest of the crypto industry. Spot Bitcoin Exchange Traded Funds (ETFs) have suffered outflows as the market declines. At the time of this writing, Bitcoin (BTC) is worth $57,990, showcasing a 5.1% price drop in a week. BTC ETFs join the crypto doomsday The United...