Bitcoin and altcoins experienced a major crash last Friday. During this crash, BTC fell to $102,000 before recovering to $115,000 at the beginning of the week. However, as the selling pressure on Bitcoin continued, the price retreated towards $110,000. While some analysts predict that the price is at risk of further decline amid ongoing selling
U.S. stocks are slightly up amid an uptick for the major indexes, with a key earnings report from Taiwan Semiconductor Manufacturing Company boosting investor sentiment. Summary Dow, S&P 500 and Nasdaq rose amid market boost from TSMC. Gold continued to rally as investor jitters pushed capital into safe haven assets. Bitcoin remained near $111,000 after
U.S. Bank has established a new Digital Assets and Money Movement organization, in hopes to “to accelerate development of and grow revenue from emerging digital products and services such as stablecoin issuance, cryptocurrency custody, asset tokenization and digital money movement.” In other words, U.S. Bank is further jumping into the bitcoin and broader crypto space.
Verra’s partnership with Hedera aims to digitalize over 20 carbon credit methodologies by year-end. The collaboration incorporates Hedera’s blockchain for greater transparency, speeding up carbon credit processes. Verra, one of the leading organizations in the voluntary carbon markets, has announced a strategic partnership with the Hedera Foundation. This collaboration aims to accelerate the digitalization of
Spot Bitcoin and Ethereum ETFs traded in the U.S. traded in opposite directions on Wednesday. As investors remain cautious following last week’s historic market crash, Bitcoin ETFs saw $104.1 million in outflows and Ethereum funds saw $169.6 million in inflows. $104 Million Outflow from Bitcoin ETFs, $170 Million Inflow into Ethereum Funds On the Bitcoin
Bitcoin continues to struggle after the massive liquidation event earlier this month. The market’s optimism has cooled, and BTC is consolidating near $111,000 as traders remain cautious. Technical Analysis By Shayan The Daily Chart On the daily chart, BTC is hovering just above key support around $110,000, which is the critical 200-day moving average, while
GraphLinq, a no-code protocol to advance blockchain development, has announced its strategic collaboration with Nuklai, a leading decentralized data infrastructure platform. The partnership aims to mix artificial intelligence (AI) automation with decentralized Data infrastructure. We’re thrilled to announce our partnership with @NuklaiData! 🎉 Together, GraphLinq and Nuklai will combine AI automation with decentralized data infrastructure
Key Takeaways A whale known as ‘195DJ’, prominent for holding short positions on Hyperliquid, transferred 2,000 BTC to Coinbase. Such large transfers to Coinbase by short-focused whales often indicate impending sell pressure. A Bitcoin whale known as “195DJ” moved 2,000 Bitcoin to Coinbase today, potentially signaling selling pressure ahead. The whale, recognized for maintaining short
AI-focused blockchain Lumera Protocol unveiled Cascade, a permanent decentralized storage module for AI data. Summary Lumera Protocol launches a data storage protocol for AI The data storage module keeps data overlapping across SuperNodes, ensuring redundancy The AI-focused blockchain also launched the Lumera Hub dashboard As AI models grow more complex and target=”_blank” rel=”nofollow”>announced the launch