AI takes center stage as Microsoft and Google earnings signal booming market

Bitcoin (BTC) price perked up today, rallying from $5,688 to a daily high at $6,600. The digital asset defied the worst fears of analysts by holding above the $5,400 support and currently Bitcoin continues to show growing strength in the face of wilting equities markets. Interestingly, gold and silver prices also rallied 4.42% and 5.94% as…

Huobi’s COO believes lack of defined regulation and infrastructure services are preventing the mass adoption of blockchain technology. Robin Zhu, Huobi Global Group’s COO, told Cointelegraph at a China Great Bay Area International Blockchain Week pre-event interview on August 3 that lack of defined regulations and infrastructure services are preventing the mass adoption of blockchain…

Decentralized finance (DeFi), one of the fastest growing ecosystems in the cryptocurrency market, has long been a dilemma for regulators, given the decentralized nature of the space. In 2022, United States regulators paid special focus to the nascent area with significant attention to ending the anonymous nature of the ecosystem.DeFi protocols allow users to trade, borrow…

New York-based crypto custody startup Casa has released a new security protocol and service focused on helping people address the question of Bitcoin (BTC) inheritance.The new offering, dubbed “Casa Covenant,” was revealed in an official blog post on Oct. 21.“What happens to my Bitcoin when I die?”Casa approaches the question of Bitcoin inheritance by highlighting…

Cryptopedia is a free educational resource that provides an introduction to digital-asset investing. 3715 Total views 8 Total shares Cameron Winklevoss, Gemini’s president, unveiled Cryptopedia on Thursday. He described the new platform as a “free resource that provides open-access, high-quality crypto education to the world.”The platform currently includes categories devoted to cryptocurrencies, security, trading and…

The views and opinions expressed here are solely those of the author and do not necessarily reflect the views of Cointelegraph. Every investment and trading move involves risk. You should conduct your own research when making a decision.Market data is provided by the HitBTC exchange.Nicholas Colas, co-founder of DataTrek Research, believes that the performance of Bitcoin…

Social media sentiment for Bitcoin has slumped to two year lows which is good for those wanting to go against the crowd. On-chain analytics provider Santiment asserts that Bitcoin and crypto assets tend to bounce when social sentiment indicates there is a lot of fear, uncertainty and doubt, which suggests that now is a buying…

The group consists of 30 high-ranking financial professionals from organizations, including BBVA, CRIF and Stripe, among others. 857 Total views 20 Total shares The European Central Bank (ECB) has announced the formation of a market advisory group for the purpose of exploring the infrastructural and circulation potential of the digital euro from the perspective of…

In one of three reports released simultaneously Friday, the Treasury Department talks cautiously about stablecoins and CBDC in the context of wider payment technology. 260 Total views 9 Total shares United States President Joe Biden ordered more than a dozen reports to be written when he released his Executive Order (EO) 14067 “Ensuring Responsible Development…