3 reasons why Bitcoin price struggles to reclaim $64K

Celer Network will develop its layer-2 solutions for Polkadot, an upcoming blockchain network developed by Web3 Foundation and supported by Parity Technologies. The sidechain scaling solution is positioned to improve performance beyond what is possible with layer one scaling.As announced on Feb. 20, Celer Network and the Web3 Foundation have partnered to port Celer’s State…

California-based financial firm SoFi has acquired a BitLicense from the New York State Department of Financial Services (NYDFS), the regulator said in a statement on Dec. 3.SoFi is now one of 24 crypto-related firms that have obtained a BitLicense since 2015, Bloomberg Law’s crypto reporter Lydia Beyoud tweeted the same day.Specifically, SoFi has acquired two…

Ripple CEO Brad Garlinghouse’s mission is to demolish bankers’ fear of cryptocurrencies and get them on board with the new asset class.During a recent interview with CNN, Garlinghouse explained that “once regulators understand you're not circumventing regulatory frameworks they get very comfortable very quickly.”Garlinghouse said that someone at the World Economic Forum in Davos told…

While 2022 ended on a grim note with macro headwinds providing little hope of a revival in 2023, the start of a new year has surprised bears with a surge in Bitcoin (BTC), Ether (ETH) and altcoin prices. The period of sparse volatility in the crypto market appears to be ending with a breakout on…

Gary Gensler, the chair of the United States Securities and Exchange Commission, believes staff at its agency could benefit from greater use of artificial intelligence.During a July 17 speech before the National Press Club, where he later broke his silence about the recent Ripple court ruling, Gensler listed several potential use cases of AI that could assist…

André Figer, vice president of one of the largest sporting career management companies in Brazil, has his eyes firmly set on tokenizing soccer players. The well-known entrepreneur told Cointelegraph Brazil that blockchain technology and athlete tokenization has the potential to transform the management of sport worldwide. The Figer Group has been involved in many significant moves in…

Samsung SDS has reportedly agreed to cooperate with Indian IT giant Tech Mahindra in an attempt to enter the overseas blockchain market, The Korea Times writes Sunday, April 14.SDS, the systems integration arm of Korean tech behemoth Samsung, allegedly plans to expand the use of its Nexledger blockchain platform in India, the United States and…

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Wednesday, Nov. 7: most major coins are slightly down today, with Bitcoin (BTC) holding on to this week’s growth. The markers are seeing mixed signals as of press time, with most top coins trading sideways, up or down by around one percent.Market visualization from Coin360BTC is up 1.3 percent over the last 24 hours, and…