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Experts Warn of Impending Recession in the US as Survey Reveals 59% Chance by July 2024
14.7.2023
A recently published survey by Bankrate reveals that there is a 3-in-5 likelihood of a recession occurring in the United States within the next year. Bankrate’s survey of economists firmly indicates that the chances of a recession taking place in the U.S. are greater than the chances of...
Predicting the Unpredictable: AI Chatbot Claude Outlines Potential 2024 Prices for Top 40 Crypto Assets
14.7.2023
Two weeks ago, Bitcoin.com News used six artificial intelligence chatbots to predict the price of bitcoin (BTC) by the end of 2023. After the release of Anthropic’s Claude 2 in July, we conducted another experiment, tasking Claude with predicting the prices of the top 40 cryptocurrencies...
Best Crypto to Buy Now 13 July – Litecoin, Chainlink, Compound
13.7.2023
The crypto market is currently witnessing a notable uptick, propelled by the recent legal victory of Ripple, the company behind XRP, in its lawsuit against the SEC.
Bitcoin, along with other cryptocurrencies, is experiencing the ripple effect of this pivotal moment in the industry.
In light...
Russian State Duma Passes Digital Ruble Law
13.7.2023
The State Duma, the lower house of the Russian Federal Assembly, discussed and passed the Digital Ruble law in its second and third discussion on July 11. The law will allow the Central Bank of Russia, as the sole regulator of the proposed digital currency, to organize a pilot test slated...
BNB Chain to Tackle Blockchain Exploit Risks in Major July Hard Fork
13.7.2023
The upgrade will push security measures immediately on the occasion of a blockchain exploit to safeguard user assets
US Inflation Hits Two-Year Low, Boosting Stocks and Precious Metals
13.7.2023
On Wednesday, July 12, 2023, the U.S. Bureau of Labor Statistics released the Consumer Price Index report for June, showing a 3% increase in inflation, the lowest level since March 2021. The U.S. inflation rate has fallen for 12 consecutive months, with the index rising 0.2% on a monthly basis....
Leveraged Yield Protocol Rodeo Finance Initially Loses $1.7 Million in ‘Force-Investment’ Hack
13.7.2023
Rodeo Finance, a leveraged yield protocol on Arbitrum, was on July 10 a victim of a “force-investment” hack in which almost $1.7 million was reportedly stolen. According to Rodeo Finance, about $810,000 has been recovered so far and there are plans to freeze the stolen funds. Protocol...
US Government Transfers $300 Million Worth of Seized Silk Road Bitcoins
12.7.2023
On July 12, 2023, onchain data shows the U.S. government transferred 9,800 bitcoins (BTC), worth just over $300 million. These bitcoins originally came from James Zhong’s Silk Road hack. In March, the Department of Justice also moved a similar amount of bitcoins associated with Silk Road....
Bored Ape floor price falls below 30 ETH: Nifty Newsletter, July 5–11
12.7.2023
A decentralized finance borrower used a nonfungible token representing a luxury watch to take out a $35,000 loan
Top Stablecoins See Steady Decline Over Past Month as Dollar-Pegged Token Economy Shrinks
12.7.2023
The top stablecoins have continued to see redemptions over the past 30 days as the dollar-pegged crypto economy currently hovers at $127.32 billion on July 12. The stablecoin BUSD’s supply has dropped below the 4 billion mark as the token’s number of coins in circulation has fallen...
Best Crypto to Buy Now 12 July – Conflux, SingularityNET, Fetch.ai
12.7.2023
Despite softer-than-expected US headline and core inflation numbers for June, which weighed heavily on the US dollar and US yields whilst also pushing up US equity markets as Fed tightening bets ease, crypto markets have failed to rally.
Bitcoin (BTC) was last near $30,500 and ether (ETH) was last...
Silk Road Advisor Sentenced to 20 Years in Prison While a Rogue Double-Agent Eludes Capture
12.7.2023
On Tuesday, July 11, 2023, the U.S. Attorney’s Office for the Southern District of New York, led by attorney Damian Williams, announced a 20-year prison sentence for Roger Clark. Clark was allegedly the senior advisor to the original Silk Road, an infamous darknet marketplace that operated...
Bitcoin Exodus: Over 855,000 BTC Withdrawn From Exchanges Since July 2020
12.7.2023
According to current data, about 2,086,034 bitcoins were held on exchanges as of July 11, 2023. This figure is 154,160 bitcoins less than the number held on centralized trading platforms 72 days earlier, on April 30. The number of bitcoins on exchanges has significantly dropped since July 31, 2020...
Halo's Master Chief Collection Is Getting Another Great Update Nine Years In
11.7.2023
In an era when it seems games are killed off all the time, it’s impressive to see Microsoft and 343 Industries continuing to support and update Halo: The Master Chief Collection nearly a decade after its initial release. And its next update, out July 12, is huge, adding a ton of new content to...
Best Crypto to Buy Now 11 July – Mina Protocol, Compound, Solana
11.7.2023
Major cryptocurrencies are trading with a modestly positive bias on Tuesday, but are still mostly within recent ranges ahead of Wednesday’s key US inflation data.
Bitcoin (BTC) was last trading up around 1% in the last 24 hours in the $30,600 area, while ether (ETH) was last around $1,870....
Bots Sending BTC — Lightning Labs Releases New Tools for AI-Bitcoin Integration
11.7.2023
On July 6, Lightning Labs released new developer tools to enhance the intersection of artificial intelligence (AI) and Bitcoin. The layer two (L2) startup introduced a new specification known as L402 and tools that enable AI systems to conduct transactions over the Lightning Network. The Fusion...
Bitget Brings AI Power to Grid Trading Strategies
11.7.2023
PRESS RELEASE. VICTORIA, Seychelles, July 11, 2023 – Bitget, top crypto derivatives and copy trading platform, has launched an AI-powered feature for its Grid Trading strategies. The new feature aims to make this sophisticated investment method more accessible for new crypto traders without...
Former Paxful CEO Ray Youssef Urges Platform Users to ‘Cease Trading’
11.7.2023
On July 7, Ray Youssef, the former CEO of Paxful, told users of the peer-to-peer crypto marketplace to stop trading on the platform. Youssef claimed that Paxful is now “just paying legal bills” and that “no African or any non-American should trust any IS corporation.”...
Crypto Exchange Listing and Delisting Announcements: July 10, 2023
10.7.2023
Here is our weekly collection of digital asset listing and delisting, trading pair-related announcements by crypto exchanges that we found last week and today.
Have we missed something? Do you have information about new listings and/or delistings? Let us know here....
Matrixport’s Year-End 2024 Prediction: Bitcoin to Reach $125,000 as Strong Performance Fuels Bullish Sentiment
10.7.2023
While bitcoin has shown strong performance in the first half of 2023, Markus Thielen, the head of research at crypto firm Matrixport, released a prediction on July 5, 2023, stating that bitcoin (BTC) will reach $125,000 by the end of 2024. Thielen’s forecast is based on a signal indicating...