Bitcoin whales go on 'unprecedented' $23B July buying spree — New data

The Bitcoin Clock ticks on—less than 52 days now before the next halving—and let’s hope that Bitcoin still has value when that happens. Trader Peter Brandt isn’t optimistic. He sees Bitcoin in a race with gold to hit $1,000. Then again, in January, he thought BTC wouldn’t reach $6,000. And there has been something of…

As cryptocurrency losses from security breaches surge past $1.5 billion, cybersecurity experts are urging exchanges to improve bug bounty programs to attract top ethical hackers and strengthen platform security. On March 3, blockchain security firm CertiK said that crypto lost from hacks in February had reached $1.53 billion, with the Bybit hack accounting for the

As central bank digital currencies continue to be researched and tested by countries across the globe, it becomes more apparent that the United States dollar’s reign might be challenged once the concept is implemented on a regional scale.While most retail CBDCs focus on internal economic matters, some projects aim to facilitate trade relations within a…

The international organizations affirm the "same risk, same regulation" principle by extending decade-old rules to the rapidly expanding new financial technology. 111 Total views 2 Total shares The principle of "same risk, same regulation" for crypto received further confirmation with the release Wednesday of new guidance on stablecoin arrangements (SAs). The guidance, issued by the…

RBI’s recent response to an information request shows that Indian banks are not prohibited from dealing with cryptocurrency business. 1130 Total views 44 Total shares India’s central bank, the Reserve Bank of India, seems to finally be clarifying its stance on financial services for cryptocurrency-related businesses. In response to a right to information request, the RBI…

Key points: Weak labor and consumer data often precede Bitcoin rallies, leading some analysts to anticipate future economic stimulus programs. Job openings fell to 7.2 million in March versus the 7.5 million forecast and consumer confidence hit its lowest level since January 2021. If past patterns hold, Bitcoin could rally by mid-July and possibly reach

Blockchain artificial intelligence (AI) platform SingularityNET has officially launched a beta version of its Ethereum-based decentralized marketplace on Thursday, Feb. 28, according to a press release obtained by Cointelegraph.Ben Goertzel, CEO and chief scientist at SingularityNET, noted in the press release that the pre-beta version was stress tested by the community and volunteers prior to…

Task Force Lima will look into how artificial intelligence can be used across the U.S. defense, including warfighting capabilities. 221 Total views 4 Total shares The United States Pentagon has launched a new task force to look into how generative artificial intelligence can be used for the nation’s defense.On Aug. 10, the Pentagon announced the formation…