Price analysis 5/1: SPX, DXY, BTC, ETH, BNB, XRP, ADA, MATIC, DOGE, SOL
Bitcoin and most major altcoins are witnessing aggressive selling at higher levels, indicating that the bears are trying to make a comeback.
Posts published by Cointelegraph.com News 590/753
Will $28K Bitcoin price hold? Two indicators remain solid despite 5% pullback
BTC margin markets and futures’ long-to-short indicator show professional traders unwilling to bet on Bitcoin's price dropping.
More crypto exchanges list PEPE following trading frenzy
The price of the memecoin has surged by over 2,000% in the past two weeks.
More TPS, less gas: Ethereum layer 2 Starknet outlines performance upgrades
Starknet makes performance improvements top priority in 2023, aiming to increase throughput, lower latency and reduce transaction costs.
What the Gensler hearing means for US crypto regulation and policy
Gensler was reluctant to go into details and faced symbolical pressure rather than genuine attempts to interrogate, leaving the crypto industry without any new clarity.
Meta SEC filing reveals debt securities offering plans
The Facebook parent company filed a prospectus that says it may offer and sell debt securities occasionally.
AI Eye: Is Hollywood over? ETH founder on AI, Wes Anderson Star Wars, robot dogs with ChatGPT brains
Does AI technology spell doom for Hollywood? Joe Lubin on AI, Wes Anderson’s Star Wars, and AI tasked with destroying humanity goes dark.
FTX investor Temasek pours $10M in algorithmic currency system Array
The new algorithmic currency system aims to provide a more “stable, efficient and scalable” asset than common coins like Bitcoin.
AI meets blockchain: Revolutionizing smart contracts and cryptocurrency
The confluence of artificial intelligence and blockchain technology is paving the way for more intelligent, secure and streamlined smart contract ecosystems.
Bhutan mines Bitcoin with hydropower since BTC price was $5,000
The Kingdom of Bhutan uses Himalayan rivers to generate energy used to mine Bitcoin, local reports reveal.
Web3’s impact on personalization, trust and engagement through time-honored strategies
By harnessing the power of Web3 and one-to-one marketing, businesses can drive customer loyalty, enhance brand reputation and ultimately achieve long-term success in the decentralized digital world.
5 Free artificial intelligence courses and certifications
Discover five free AI courses and certifications to help you expand your knowledge of artificial intelligence and machine learning.
Tokens but not crypto: Nigeria SEC prepares new digital asset rules
Nigeria’s securities regulator will take at least 10 months to determine whether to register a digital asset-related company.
AI chatbot usage causes concern among 70% of Japanese adults
A local Japanese news outlet survey revealed that 69.4% of adults want stricter regulations for AI development and implementation.
Liechtenstein adapts blockchain laws to developing crypto landscape
Future regulation is intended to ensure uniform regulation for all European countries and covered participants.
2nd biggest US bank failure — 5 things to know in Bitcoin this week
The failure of First Republic Bank marks a volatile beginning to a busy macroeconomic week, while Bitcoin already faces downside pressure.
JPMorgan to acquire troubled First Republic Bank
Banking giant JPMorgan will take over the assets of the troubled First Republic Bank after its seizure by the California Department of Financial Protection and Innovation.
What is Immutable, explained
Explore Immutable, the leading Web3 game development platform to build and scale Web3 games.
Jack Dorsey’s nano Bitcoin mining chip heads to prototype
Block has completed the design of its new prototype ASIC chip which it says will fast-track its plan to bring “open source” Bitcoin mining rig design to market.
April’s crypto scams, exploits and hacks lead to $103M lost — CertiK
The month was particularly bad for exploits, with the amount lost accounting for half of the total crypto exploited so far in 2023.
SEC serves $4M in fines to Coinme over ‘misleading’ UpToken ICO
The regulator nabbed the crypto ATM operator turned exchange for securities law violations over its sales and statements of a crypto token.
Coinbase exec uses ChatGPT ‘jailbreak’ to get odds on wild crypto scenarios
According to ChatGPT, there’s a 15% chance that Bitcoin will “fade to irrelevancy,” with prices falling 99.99% by 2035.
Friends and FOMO pushed newbie investors to buy crypto in 2022 — Survey
A survey from the Financial Industry Regulatory Authority (FINRA) suggests that new crypto investors tended to be swayed by suggestions from friends, compared to equities or bond investors.
2 reasons why Bitcoin Ordinals are ‘positive’ for the BTC: Grayscale
Ordinals have been a controversial topic within the Bitcoin community but crypto investment firm Grayscale says there’s two main reasons to be optimistic.
Gemini ‘supportive’ of Genesis mediation, but frustrated over pacing
Genesis is starting a 30-day meditation with its key creditors as its bankruptcy proceedings are close to hitting the four-month mark.
Just Bitcoin or diversify? 5 cryptocurrencies to watch in the next few days
If Bitcoin price breaks above $30,000, several altcoins such as SOL, ATOM, ICP and HBAR are well-positioned for a rally of their own.
Mineflation: Cost to mine one Bitcoin in the US rises from $5K to $17K in 2023
New Mexico is the cheapest US state to mine Bitcoin in terms of average electricity cost, while Hawaii is the by far the most expensive.
‘Good luck bears’ — Bitcoin traders closely watch April close with BTC price at $29K
Bitcoin approaches the end of April having barely moved, with BTC’s price offering little short-term clues on the trajectory.
YouTube helps recover hacked channel that attempted XRP crypto scams
YouTube’s swift intervention ensured damage control by preventing XRP hackers from interacting with the channel’s subscribers.
First Republic’s crisis is not an isolated incident - suggests JPMorgan exec
The CIO of JPMorgan Asset Management said it’d be “naive to say that this is just limited to First Republic.”