The Bitcoin (BTC) price recorded a sharp correction on Dec. 11, dipping 7% and wiping out the gains of the past seven days. The strong price correction pushed BTC to a four-month low of $41,329. A decline in prices of altcoins followed the Bitcoin price correction, many of which recorded double-digit drops. However, […]
Attorney Bill Morgan recently analyzed the price changes in the top 10 cryptocurrencies since June 10, 2023, opening up about XRP’s unique position in the market. While XRP gained legal clarity, distinguishing itself as not a security, its market performance has been a tale of mixed fortunes compared to other […]
The price of Bitcoin (BTC) briefly fell below $41,000 following a sudden 6.5% drawdown from $43,357 to as low as $40,659 in just 20 minutes at 2:15am on Dec. 11 (UTC). At the time of publication, Bitcoin was trading slightly up from the local low at $41,960 per TradingView data. […]
The Madeira archipelago in Portugal is witnessing the birth of a startup hub focused on emerging technologies, such as blockchain and artificial intelligence. Rogerio Gouveia, finance secretary of Madeira’s regional government, says the technology sector represents approximately 30% of the island’s businesses – a considerable increase for a traditionally tourism-driven […]
The National Vulnerability Database (NVD) flagged Bitcoin’s inscriptions as a cybersecurity risk on Dec. 9, calling attention to the security flaw that enabled the development of the Ordinals Protocol in 2022. According to the database records, a datacarrier limit can be bypassed by masking data as code in some versions […]
The National Audit Office (NAO) in the United Kingdom has raised concerns about the effectiveness of the Financial Conduct Authority (FCA) in regulating the cryptocurrency industry. In a recent report titled ‘Financial services regulation: adapting to change,’ the NAO has claimed that the FCA is being slow to respond and […]
The EU Parliament and Council negotiators reached a provisional agreement on the rules governing the use of artificial intelligence on Friday, Dec 8. The agreement covers the governmental use of AI in biometric surveillance, how to regulate AI systems such as ChatGPT, and the transparency rules to follow before market entry. This […]
Crypto analyst and trader Ali Martinez have taken to Twitter to share an optimistic outlook on Bitcoin, highlighting another bullish confirmation signal. He observes a positive trend for Bitcoin (BTC) through the realized price metric, indicating potential market growth. Bitcoin’s Bullish Momentum According to Martinez, this particular bullish signal has […]
The Realm of Historia project recently announced its intentions to make strides in preserving Armenian cultural heritage through leveraging the use of blockchain technology and nonfungible tokens (NFTs). In a departure from conventional methods, this initiative seeks to digitize historical artifacts and physical historical sites, starting with the Realm of […]
India’s homegrown e-commerce giant Flipkart will use Polygon’s chain development kit (CDK) to launch a Web3 loyalty program. On Dec. 2, Polygon and Flipkart announced a strategic partnership to effectively position the e-commerce platform into Web3 and the metaverse. This included initiatives such as Flipverse for nonfungible tokens (NFTs), eDAO […]
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