Price analysis 12/8: BTC, ETH, BNB, XRP, SOL, ADA, DOGE, AVAX, LINK, MATIC
Bitcoin price staged an intraday rally to the $44,000 level and technical charts show altcoins are keen to follow.
Posts published by Cointelegraph.com News 502/866
Taiwan central bank completes wholesale CBDC study, plans next steps
A central bank official spoke about ongoing CBDC research and other payment modernization Taiwan is exploring.
Nirvana bassist Krist Novoselic led failed shareholder proposal asking Microsoft to study AI safety
“Proposal 13” asked Microsoft to consider the potential for shareholder harm if its AI products created legal issues for the company over the long term.
US senators target crypto in bill enforcing sanctions on terrorist groups
Senator Elizabeth Warren isn’t leading the charge on this bill linking crypto transactions to terrorism — it comes from Senators Mitt Romney, Mark Warner, Mike Rounds and Jack Reed.
Markets rethink Fed rate cuts as Bitcoin circles $44K on US jobs data
Bitcoin traders are increasingly focusing on altcoins as BTC price action cools following the week's vertical upside.
BRC-20 tokens are presenting new opportunities for Bitcoin buyers
The possibilities for development on the Bitcoin network are expanding — and the BRC-20 ecosystem's rapidly growing market cap reflects the new opportunities.
Bitcoin’s many deaths: Is crypto market past ‘point of no return?’
Bitcoin has been declared dead more times than you’d think amid downswings in the market, but it’s always managed to bounce back.
Microsoft faces UK antitrust probe over OpenAI deal structure
The regulator’s examination will assess whether the collaboration constitutes an “acquisition of control,” implying substantial influence of one party over another.
Google’s Gemini, OpenAI’s ChatGPT go head-to-head in Cointelegraph test
Comparisons of Google’s Gemini and OpenAI’s ChatGPT continue to flood internet social spaces, so we decided to put them to the test with questions of our own.
NFT trading volume nears $1B as markets turn bullish: Report
The average value of NFT transactions climbed from $126 to $270, showing an increase of 114% in November.
Cointelegraph enters into a strategic collaboration with Chainlink Labs to support Web3 startups
Cointelegraph is excited to announce a strategic collaboration with Chainlink Labs, the primary contributing developer of the industry-standard decentralized computing platform Chainlink.
Armenian cultural heritage sites tokenized on Solana blockchain
The initiative “Realm of Historia” is on a mission to tokenize historical sites in Armenia and around the world using the blockchain to preserve cultural heritage for future generations.
Kazakhstan blocked 980 unlicensed crypto exchanges in 2023
The Financial Monitoring Agency has also launched nine investigations into “illegal exchange operations” and money laundering.
Polygon CDK to power Web3 loyalty program for Indian e-commerce Flipkart
Flipkart shared plans to use Polygon CDK as the base to build an Ethereum-based ZK layer-2 network, which can help the e-commerce platform scale future growth and streamline its service.
Developers of Bitcoin sidechain MVC prepare for BRC-20 DEX launch
The MVC governance token has surged in 2023 to a fully diluted market cap of over $400 million.
Can cryptocurrencies be frozen on a blockchain?
Cryptocurrencies can be frozen on a blockchain under certain legal, regulatory and technical conditions.
BBVA migrates crypto custody service to Ripple-owned Metaco’s Harmonize
Harmonize will allow the bank to connect to blockchains beyond Bitcoin and Ethereum, which suggests the potential expansion of BBVA’s crypto services.
Bitcoin may hit $50K on altcoin ‘FUD’ as Ethereum, Solana beat gains
Bitcoin takes a back seat on low timeframes as ETH and SOL claw back crypto market cap share from BTC.
ERC-2771 integration introduces address spoofing vulnerability — OpenZeppelin
The smart contract vulnerability arises after the integration of ERC-2771 and Multicall standards. OpenZepplin identified 13 sets of vulnerable smart contracts.
Investment firm floats yield-bearing ETF based on MicroStrategy stock
Investment firm YieldMax has applied to launch an ETF allowing investors to earn monthly yields on MicroStrategy shares.
El Salvador unveils BTC ‘Freedom Visa’ — but it’s 10x the cost of others
The same citizenship-by-investment schemes in nearby Caribbean nations start at $100,000, and one EU country has a citizenship pathway for just over $800,000.
HK game firm to buy $100M crypto for treasury, China/UAE CBDC deal: Asia Express
Hong Kong game firm to add $100M of BTC and ETH to treasury, UAE and China strike CBDC deal, Victory Securities starts new HK Bitcoin fund.
Bitcoin new high set for late 2024, Binance to lose top spot, predicts VanEck
Next year will see Binance lose its leadership position, a U.S. recession, new stablecoin market cap highs and a new peak price for Bitcoin, according to asset manager VanEck.
Hive Digital says BTC miners bought last Dec have already paid themselves off
Hive Digital made a sizeable ASIC miner purchase in December 2022. Just one year later, thanks to a Bitcoin boom, the crypto miner says the rigs have paid for themselves.
Binance founder CZ must stay in US until February sentencing, judge orders
Former Binance CEO Changpeng "CZ" Zhao has been ordered to remain in the U.S. while awaiting his sentencing in February.
Bitcoin options data shows whales betting big — Will $50K BTC come in January?
Institutional investor interest soars as Bitcoin options open interest hits record high.
Sam Altman-linked Meanwhile Advisors creates BTC private credit fund
The closed fund will offer investors a 5% yield in Bitcoin and lend funds in BTC to institutions.
Binance says decision to pull Abu Dhabi licensing bid unrelated to US settlement
Former Binance CEO Changpeng Zhao, who pleaded guilty to one felony count in the United States in November, may not be able to return to the UAE before being sentenced.
Harvard scientists claim breakthrough, ‘advent of early error-corrected quantum computation’
The team’s results, once reviewed, could represent a significant milestone in quantum computing research.
Bitcoin price continues to drop, but how are pro BTC traders positioned?
Data shows top traders futures’ Bitcoin long-to-short at the lowest level in 30 days, but what does this mean for BTC's short-term price action.