2025 'demand shocks’ will spike Bitcoin’s price — Sygnum
Meanwhile, altcoins may flounder unless the United States passes rules favoring crypto adoption, the asset manager said.
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Bitcoin price erases FOMC gains as US dollar surges on Q2 GDP print
Bitcoin (BTC) ate away at the prior day’s gains on July 27 as United States macroeconomic data produced a muted reaction.BTC/USD 1-hour chart. Source: TradingViewAnalyst warns of BTC price dipData from Cointelegraph Markets Pro and TradingView showed BTC price strength waning after a brief push to $29,680 into the daily close.The largest cryptocurrency had offered…

Bitcoin Ordinals make their way to Binance: Nifty Newsletter, May 3–9
In this week’s newsletter, learn about emerging technologies creating new ethics for humankind. Read about the nonfungible token (NFT) marketplace Binance NFTs adding support for Bitcoin Ordinals on its platform, and check out why Kenyan lawmakers are considering a tax on crypto and NFT transfers. In other news, former OpenSea manager Nathaniel Chastain was found…

NY Fed and MAS publish joint CBDC cross-border payment project results
The researchers built on their separate projects to demonstrate cross-border payments using illiquid currencies with an intermediate “vehicle” currency. 112 Total views 1 Total shares The Federal Reserve Bank of New York’s New York Innovation Center (NYIC) and the Monetary Authority of Singapore (MAS) have published the results of their joint “Project Cedar Phase II…

Bitcoin Miner Canaan’s Shares Plunge 40% Since IPO in November
Chinese Bitcoin (BTC) mining giant Canaan Creative’s depositary shares have seen a 40 percent drop in value since November initial public offering (IPO).Canaan was the first Bitcoin mining giant to go public on a major United States stock exchange, and successfully navigate an IPO. However, the mining giant’s stock has taken a severe beating since…

Not just for gamers and fanboys: Why investors should take NFTs seriously
If you’ve been following the crypto industry, you might have noticed just an ever-so-slight buzz around nonfungible tokens, that is unless you’ve been locked down in an NFT-proof bunker for the last year.Originally developed to be used in collectible trading-card games, NFTs can represent any unique assets whose scarcity and ownership can be proven on…

Pinterest for Web3: Project launches curation ecosystem on Avalanche
CurateDAO launched an Avalanche-based “curate-to-earn” platform where participants can earn by contributing to databases. 201 Total views 4 Total shares With play-to-earn (P2E) gaming rising in 2021 through Axie Infinity (AXS) and an offshoot called move-to-earn (M2E) gaining fame through STEPN (GMT), another variation of the “to earn” model launches in an attempt to bring…

US senator pushes tech companies to label AI-generated content
United States Senator Michael Bennet wrote a letter to major tech companies, including OpenAI and Google, to urge the labeling of AI-generated content. United States Senator Michael Bennet has urged tech companies to label AI-generated content and monitor any misleading content produced by artificial intelligence (AI). In a June 29 letter sent to executives of major…

Crypto’s onboarding tipping point – can verification keep up?
Crypto’s rapid growth brings new risks. As fraud escalates, can verification technology keep pace? AI, biometrics and regulatory shifts shape the future of secure crypto onboarding.