86% of LIBRA traders have realized a loss of more than $1K: Nansen
Over 13,000 investors in the LIBRA memecoin endorsed by Argentine president Javier Milei lost a combined $251 million, according to blockchain research firm Nansen.
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93% of the central banks are already conducting research on central bank digital currencies, 68% are still not ready to launch their digital money. As 93% of the central banks are already conducting research on central bank digital currencies (CBDCs), the uncertainty about this form of digital money among them fades. There could be up…

Chinese police bust $1.9B USDT underground banking racket
The authorities destroyed two underground operations in Fujian and Hunan, and the police also froze 149 million yuan worth $20 million linked to the USDT banking operations.

Bitcoin price seesaws near $56K as US stocks post fresh all-time highs
BTC price volatility keeps the pressure on traders with stocks leaving Bitcoin ever further behind.

NYDIG head says major firms will announce Bitcoin ‘milestones’ next week
“I know starting more or less next week, you’re going to see an absolute drumbeat of pretty game-changing milestones from some of these firms.” — Stone Ridge co-founder 1060 Total views 10 Total shares We are on the brink of Bitcoin’s mass adoption, says the CEO of Bitcoin investment firm NYDIG Robby Gutmann. Gutmann, also the…

Best monthly gains since October 2021 — 5 things to know in Bitcoin this week
Bitcoin (BTC) starts a new week and a new month on a cautiously positive footing after protecting crucial levels.After an intense July in which macro factors provided significant volatility, BTC price action managed to provide both a weekly and monthly candle favoring the bulls.The road to some form of recovery continues, and at some points…

Outrage ChatGPT won’t say slurs, Q* ‘breaks encryption’, 99% fake web: AI Eye
A blizzard of AI bullsh*t is taking over the web from the torrent of human outrage that currently lives there. by Andrew Fenton 8 min November 29, 2023 Share Share Share Share Outrage = ChatGPT + racial slurs In one of those storms in a teacup that’s impossible to imagine occurring before the invention of

Ethereum prints 4 consecutive red monthly candles, but data points to an ETH/BTC bottom
Ethereum’s native token, Ether (ETH), registered four consecutive red monthly candles after the altcoin dropped 18.47% in March. The altcoin’s current market structure reflects a sustained bearish trend not seen since the bear market of 2022. With each monthly close taking place below the previous month’s low, analysts are beginning the debate about whether ETH

Bitcoin braces for Fed's Powell as trader says $65K key BTC price level
BTC price volatility continues within a narrow range — but some BTC price data shows the path toward all-time highs.