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Worldcoin’s WLD Gains 6% as Sam Altman Joins Microsoft to Lead its New AI Research Team
20.11.2023
Image Source: CNBC Wroldcoin’s WLD has gained around 7% amid the news that Microsoft has hired Sam Altman and Greg Brockman, co-founders of OpenAI, to spearhead a new advanced AI research team. At the time of writing, WLD is trading at $2.41, up by more than 6.5% over the past day, according...
Bitcoin Held in Exchange Wallets Rising at Pace of $1.16B a Month, Data Show
20.11.2023
Historically, increased inflows into exchange wallets have presaged bull market pauses or price pullbacks
Bitcoin and Ethereum Networks See Heightened Fees as Crypto Usage Soars
20.11.2023
Source: AdobeStock/Andrey Popov Bitcoin (BTC) and Ethereum (ETH) networks have experienced a dramatic surge in transaction fees amid soaring crypto usage. According to data by BitInfoCharts, the average BTC transaction fee currently stands at around $10, up by more than 500% compared to less than...
Pro-Bitcoin, Central Bank Critic Javier Milei Wins Argentina’s Presidential Elections
20.11.2023
Source : X / @JMilei In a decisive win during Argentina’s presidential run-off on November 19, pro-bitcoin and far-right populist candidate Javier Milei clinched victory with over 55% of the votes, boasting a substantial lead of nearly 3 million votes, according to Bloomberg data. Milei...
Thorchain Rises to Third in Decentralized Exchange Rankings, Hits $1.8B Weekly Trade Volume
19.11.2023
In the past week, trading activity on the decentralized exchange (dex) Thorchain has experienced a significant surge, reaching $1.854 billion in trade volume. Data shows that Thorchain is currently the third-largest dex in terms of volume, following the popular dex protocols Uniswap...
South Korea’s Crypto Premiums Roar Back, Bitcoin Trades Nearly $1,300 Above Global Average
19.11.2023
Recent data reveals the crypto economy has experienced notable growth over the past month, with a substantial portion of its trading activity originating from South Korea. As an illustration, on Saturday, November 18, 2023, the Korean won accounted for 3.53% of all bitcoin (BTC) trades in...
Bitcoin Price Prediction as BTC Falls Below $36,500 – Where is the Next Support Level?
18.11.2023
In the ever-evolving world of cryptocurrency, Bitcoin (BTC) has experienced a slight retreat, now trading at $36,410, marking a 0.25% decrease on Saturday. This latest fluctuation comes amid significant developments in the crypto space. The IMF chief’s encouragement for the adoption...
Sam Altman’s Departure from OpenAI Triggers a Sharp Decline in Worldcoin’s Value – What’s Going On?
18.11.2023
Source: A screenshot, worldcoin.org The recent announcement of Sam Altman‘s departure from OpenAI has triggered a sharp decline in the value of Worldcoin’s WLD token. At the time of writing, WLD is trading at $1.86, down by more than 13% over the past day, according to data from...
Report: US Crypto Exchange Coinbase Fined for Refusing to Localize Russian Users’ Data
18.11.2023
The U.S. cryptocurrency exchange Coinbase was recently hit with a fine exceeding $11,000 by a Russian court. The fine stems from the crypto exchange’s refusal to comply with a law that requires foreign companies to localize data of their respective Russian users or customers. Localizing...
Vitalik Buterin Touts Plasma Technology; OMG Token Briefly Skyrockets 16%
17.11.2023
Source: youtube/ VICE News Ethereum founder, Vitalik Buterin, touted emerging Plasma technology in a new blog post this week, prompting the Plasma-supported OMG Network’s native token to skyrocket by 16%. A unique scaling solution “Plasma is a class of blockchain scaling solutions that allow...
U.S. Crypto Lobby Spending Surpasses $20 Million in 2023, On Track to Beat 2022 Record
17.11.2023
Adobe Over $20 million has been spent on crypto-related lobbying in the United States this year, a new report shows. According to a recent CoinGecko report, the amount spent on cryptocurrency lobbying was $20.19 million, a figure set to break last year’s $22 million mark as recent data does...
Web3 should draw newcomers, not be a ‘money grab from brands’ — Tech CEO
17.11.2023
Using Web3 and NFTs to create another slate of millionaires isn’t a good use of the technology, says EndeavourXR CEO Amy Peck
DeFi Market Concentration: Gauntlet Data Reveals Few Major Projects Dominate the Industry
16.11.2023
Image Soure: Adobe A limited number of participants are currently dominating decentralized finance (DeFi), the sector aiming to recreate financial markets without intermediaries. According to data gathered by Gauntlet, a crypto-risk modeling company, most categories within DeFi, such...
Market Analysts Are Backing This AI Crypto Platform – Here’s What You Need to Know
16.11.2023
yPredict employs artificial intelligence to empower investors through data-driven AI crypto analytics and price prediction. Image by SolaruS, Adobe Stock. Cryptocurrency investing is growing increasingly complex, but yPredict intends to cut through the confusion using artificial intelligence....
South Korea’s pension fund bags 280K Coinbase shares: SEC data
16.11.2023
South Korea’s National Pension Service, one of the world’s largest pension funds, invested $20 million in Coinbase in Q3 2023
South Korean Traders Drive Recent Crypto Surge as Exchanges’ Market Share Jumps to 13%
16.11.2023
Source: Pixabay Traders in Asia, especially in South Korea, have emerged as key drivers behind the recent rally in crypto market over the past two months. Data compiled by CCData reveals a substantial increase in the market share of South Korean-based exchanges, reaching 12.9% in November compared...
Celsius Moves $10 Million in Ethereum to Exchange Following Bankruptcy Plan Approval
15.11.2023
Celsius transfers millions in Ethereum to an exchange as part of a strategic shift post-bankruptcy. Image by Rafael Henrique, Adobe Stock Crypto lending company Celsius has transferred over $10 million worth of Ethereum to an exchange on Wednesday, just 6 days after a judge approved...
Futures Funding Rates Normalize After Crypto Surge Forced Traders to Pay High Fees to Maintain Long Positions
15.11.2023
Image Source: Pexels Funding rates on major token futures have started to return to normal levels after recent rally forced traders to pay unusually high fees to sustain their long positions. Amid the recent surge in crypto prices, open interest in futures skyrocketed to over $35 billion, according...
Blockchain Developer Lattice Unveils 'Alternative Data Availability' Network for Optimism
15.11.2023
Redstone is operating in testnet, and aims to be cost-effective for on-chain games and decentralized applications
Stablecoins See Positive Supply Growth For First Time in More Than a Year: Glassnode Data
15.11.2023
Source: Unsplash Money is flowing into the crypto market through stablecoins, marking the first positive supply growth in over a year. According to blockchain analytics firm Glassnode, the 90-day net change in the supply of the top four stablecoins, Tether ( USDT), USD Coin ( USDC), Binance...