In exciting developments, Bitcoin (BTC) has experienced a significant surge today (20/9/2023), with its value soaring above US$27,200. This increase follows a previous high of over US$27,400. Meanwhile, another cryptocurrency, Ether, remains stable at around US$1,640. Bitcoin’s Surge: What Does It Mean? The rise in Bitcoin’s price has caught the spotlight, particularly as it coincides […]
Last week, the California Legislature took a significant step by approving a bill designed to establish a new set of rules and licensing requirements for cryptocurrency firms. The bill also intends to implement various regulatory measures to oversee these crypto companies. Currently, the bill is awaiting approval from Governor Gavin Newsom, who has until October […]
Banks Face Complex Challenges in Embracing Blockchain Technology, Says Chainlink Co-founder In a recent interview, Sergey Nazarov, one of the co-founders of Chainlink, emphasized that banks, unlike startups, did not initially embrace blockchain technology, which has placed them at a disadvantage in terms of its adoption. “Banks have invested significantly in securing their existing infrastructure […]
Cybercriminals have been shifting away from cryptocurrency mixers towards cross-chain bridges at an accelerated rate over the past year, as reported by blockchain forensics firm Elliptic. According to Elliptic’s data, in June and July, nearly all stolen cryptocurrencies were funneled through cross-chain bridges, marking a complete reversal from the first half of 2022. In a […]
Nomura Group’s digital asset subsidiary, Laser Digital, announced the launch of the Bitcoin Adoption Fund on Tuesday, September 19th. Their Bitcoin Adoption Investment Fund will provide institutional investors with an easy way to access the world of digital assets. Nomura Group initially entered the digital asset business through Laser Digital in May 2022. Headquartered in […]
India has secured the second spot globally in terms of cryptocurrency transaction volume, as revealed in a recent report by Chainalysis. Despite facing challenges related to tax laws, India has emerged as a significant player in the crypto market, surpassing the UK, Turkey, and Russia. According to Chainalysis, India has showcased remarkable grassroots adoption, with […]
AI Eye: Real Applications of AI in Cryptocurrency, Google’s GPT-4 Competitor, AI Enhancement for Underperforming Employees AI Eye recently attended Korean Blockchain Week and Token2049 events in Singapore to explore how real projects are leveraging AI in the cryptocurrency space. Let’s delve into some key highlights: 1. Maker’s AI Governance: Rune Christensen, the founder of […]
Interactive Brokers Collaborates with Zero Hash to Enhance Crypto Trading Chicago, September 19, 2023 (GLOBE NEWSWIRE) — Zero Hash, a leading crypto infrastructure platform, has announced a strategic partnership with Interactive Brokers Group, Inc. (IBKR), a global electronic broker renowned for its automation. This collaboration will see Interactive Brokers leverage Zero Hash’s full-stack API to […]
XRP Seemingly Staging a Remarkable Comeback According to This Indicator XRPUSD +1.26% XRP, which ranks as the fifth largest cryptocurrency, appears to be in the midst of an impressive resurgence, based on a key metric highlighted in the latest analysis by the cryptocurrency research firm Kaiko. Kaiko, in a recent tweet, points out that XRP’s […]
Bitcoin Price Experiences Technical Correction, Here’s What Could Drive It Back to $28K Bitcoin’s price recently made an upward move, testing the $27,500 resistance level. However, it is currently undergoing a corrective phase, with the potential for another upswing as long as it remains above $26,500. Bitcoin is maintaining its gains above the crucial $26,500 […]