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Venezuelans Sent Over $460 Million in Remittances Using Crypto in 2023


The Venezuelan migrant population, now exceeding 7 million, has used crypto to send over $460 million in remittances to the ones left behind in the country. According to Chainalysis, 30% of Venezuelan households received some form of remittance in 2023, with 9% using crypto as rails to reach their...

$50K to $100K — 9 AI Chatbots Predict Bitcoin Prices for Year-End 2024


At the end of April, Bitcoin.com News queried seven artificial intelligence (AI)-based chatbots about their year-end bitcoin (BTC) price predictions. A significant number of these generative AI chatbots offered optimistic forecasts, suggesting bitcoin could reach $80,000 or even surpass $100,000...

Ethereum Technical Analysis: ETH Clings to $3,000 Threshold Post-Rebound


Ethereum (ETH) has experienced notable price movements recently, currently trading at $3,037. The intraday range has fluctuated between $2,803 and $3,096, with a market capitalization standing at $364 billion. Ethereum The 1-hour ETH/USD chart reveals a recent uptrend beginning at $2,803, marked...

Bitcoin Technical Analysis: BTC Prices Rebound Following $53,550 Low


Bitcoin’s price stands at $57,206, with an intraday 24-hour range between $54,296 and $58,441. The market capitalization is $1.12 trillion, and the 24-hour trade volume reaches $33.69 billion. Bitcoin Bitcoin’s 1-hour chart shows a recent downtrend from $58,441 to $54,296, followed by...

First Mover Americas: BTC Rebounds to $57K


The latest price moves in bitcoin (BTC) and crypto markets in context for July 8, 2024. First Mover is CoinDesk’s daily newsletter that contextualizes the latest actions in the crypto markets

South Korea Launches Continuous Monitoring for Crypto Transactions


South Korea’s Financial Supervisory Service (FSS) will introduce a continuous monitoring system on July 19 to track suspicious cryptocurrency transactions. Developed with local digital asset exchanges, this system aligns with the country’s Virtual Asset User Protection Act, which aims...

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