News

New York Federal Reserve and US Banks Complete Programmable Dollar CBDC Test

July 8, 2023 0

The New York Federal Reserve and a group of financial institutions announced the successful conclusion of a proof-of-concept of the Regulated Liability Network (RLN), which contemplates the introduction of a dollar-based interbank central bank digital currency (CBDC). The test concluded that,

News

Pop Icon Taylor Swift Signed $100M Deal With Crypto Exchange FTX, New Reports Claim

July 8, 2023 0

Taylor Swift, a pop icon and 12-time Grammy Award winner, did sign an agreement with bankrupt cryptocurrency exchange FTX, new reports claim. However, FTX executives reportedly convinced former FTX CEO Sam Bankman-Fried (SBF) to reconsider and abandon the $100-million deal with Swift. Taylor Swift Reportedly Signed Agreement With FTX Taylor Swift, a famous

News

Arthur Hayes Insists ‘Bitcoin Will Be the Currency’ of Artificial Intelligence

July 7, 2023 0

In a freshly unveiled blog piece, Arthur Hayes, the former CEO of crypto derivatives platform Bitmex, posits that bitcoin is the prime currency for artificial intelligence (AI). Hayes maintains that moving forward, BTC will be the favored currency for AIs since they “must use a system that is available at all times, digital, and completely […]

News

BTC’s Year-End Price Projections for 2023 Vary Widely, Ranging From $25K to $40K, While Future Forecasts Extend Into Six-Digit Territory

July 7, 2023 0

Bitcoin’s market performance in the first half of 2023, surging by 80% against the U.S. dollar, has enthusiasts eagerly speculating about its year-end price. Techopedia and Changelly have released price prediction reports with varying estimates, suggesting that bitcoin’s value could range from $25,175 to $40,836 per unit by the close of the year. Techopedia vs. […]

News

Bitcoin’s 2024 Halving Presents New Challenges: A Deep Dive Into the Future of Mining Rewards

July 7, 2023 0

As we wrap up the initial six months of 2023, the Bitcoin network inches closer to a significant milestone — the impending block reward halving, which lies just under 300 days ahead. Projections indicate that this event is slated to take place between April 21 and 27, 2024, leading to a substantial reduction of 50% […]

News

Gemini Files Lawsuit Against Digital Currency Group and Barry Silbert Alleging Fraud and Deception

July 7, 2023 0

After Gemini co-founder Cameron Winklevoss published an open letter to Digital Currency Group (DCG) CEO and founder Barry Silbert, threatening legal action if the firm failed to respond by July 7, Winklevoss announced on Friday that his company had filed a lawsuit against DCG and Silbert in New York. Gemini Proceeds With Lawsuit Against DCG […]

News

Web3 Gaming Ecosystem Neon Link Announces July 13 for Public Token Sale

July 7, 2023 0

Pioneering Web3 gaming platform Neon Link has announced the launch date of its public token sale, which will commence on July 13, 2023, at 13:00 UTC. The emerging blockchain innovator has created an entire ecosystem to play and develop online games with a community-driven focus at its center. With the release of its platform, new […]

News

Biggest Movers: SOL Hits Fresh 4-Week High on Friday, ADA Snaps Losing Streak

July 7, 2023 0

Solana was one of Friday’s biggest gainers, as the cryptocurrency rose by over 11% during today’s session. The move came as markets reacted to June’s nonfarm payrolls report, which came in at 209,000, below expectations of 229,000. On the other hand, cardano ended a three-day losing streak. Solana (SOL) Solana (SOL) rallied for a second […]

News

Multichain Woes: Users Informed of an ‘Abnormal’ Transfer of Assets to Unknown Address

July 7, 2023 0

Users of the cross-chain protocol Multichain were on July 6 informed of an abnormal transfer of lockup assets on the Multichain MPC address to an unknown address. While the Multichain team has urged users to stop using the cross-chain protocol, Binance CEO Changpeng Zhao (CZ) told his followers that the incident does not affect Binance […]

News

Bitcoin, Ethereum Technical Analysis: BTC Falls Below $30,000 Ahead of US Nonfarm Payrolls

July 7, 2023 0

Bitcoin dropped below the $30,000 level on Friday, ahead of the upcoming nonfarm payrolls (NFP) report in the United States. Today’s report comes as private sector jobs rose by 497,000 in the last report, double the expected number. Friday’s NFP is projected to come in at 225,000. Ethereum hit a one-week low today. Bitcoin Bitcoin […]