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Bitcoin's 'OP_CAT' Possibilities Teased in StarkWare Test Project


StarkWare used its new STARK verifier on the Signet network, a testing environment for Bitcoin, in a proof-on-concept project designed to demonstrate what the oldest blockchain might be capable of were the pending "OP_CAT" technical proposal to get adopted

Bitcoin Near $63.8K Resistance: Can Reach $67k Next Week


Following an era of robust selling pressure and market uncertainty, the global crypto market has rebounded solidly, with Bitcoin leading the recovery. Altcoins are also benefiting from this market optimism, with many eyeing gains of 1-7% in their prices. As crypto analyst Michael Van de Poppe...

Bitcoin Nears $63.8K Resistance: Next Week Projection $67K


Following an era of robust selling pressure and market uncertainty, the global crypto market has rebounded solidly, with Bitcoin leading the recovery. Altcoins are also benefiting from this market optimism, with many eyeing gains of 1-7% in their prices. As crypto analyst Michael Van de Poppe...

Taiwanese Central Bank to Test CBDC, Not Race to It


Taiwanese Central Bank Governor Yang Chin-long stated that the development of digital currency (CBDC) is not an international competition, and being the first to launch does not guarantee success. He disclosed that the Central Bank of the Republic of China (Taiwan) will conduct three scenario tests...

Mt Gox Trustee Transfers $2.7B in Bitcoin, Creating 19th Largest BTC Wallet


On Thursday, the trustee overseeing the Mt. Gox bitcoins transferred about 47,228.73 BTC to an undisclosed address. The transfer, valued at approximately $2.7 billion, leaves Mt. Gox with around 141,687 BTC worth nearly $8.1 billion. This significant transaction came after several test transfers...

Bitcoin Technical Analysis: BTC Bulls Test Upper Resistance


Bitcoin’s price on July 1, 2024, stands at $62,769, with a 24-hour intraday price range of $61,261 to $63,694. The cryptocurrency’s market capitalization is $1.23 trillion, and the 24-hour trade volume is $21.98 billion. Bitcoin Bitcoin’s hourly chart presents a strong upward...

Federal Reserve Stress Test Projects $685 Billion in Losses for Large Banks


The Federal Reserve Board’s annual stress test results reveal that large banks are expected to face nearly $685 billion in projected losses during a severe recession scenario. These losses are significantly higher than last year due to increased risks in bank balance sheets and higher...

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