Bitcoin aims for $100K as analyst sees record BTC price daily close
BTC price strength quickly returns after a Bitcoin liquidation event like few others in history.
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Sophia the Robot Knows About Cryptocurrencies but Does Not Use Them yet
The humanoid robot named Sophia returned to the Web Summit stage, where she fielded questions from participants and journalists, including inquiries about blockchain technology and cryptocurrencies. On Nov. 6, Sophia addressed the room at the latest edition of the Web Summit in Lisbon, Portugal, where she talked about artificial and robotic intelligence while answering questions on…
Dai Stablecoin Hits 100M Debt Ceiling Ahead of Collateral Protocol Upgrade
The Dai (DAI) stablecoin has reached its 100 million token debt ceiling, meaning that there are currently 100 million Dai tokens minted. Data from Etherescan shows there are the top 100 holders of the Ethereum-based stablecoin hold over 72 percent of all Dai tokens. The stablecoin originally had an upper limit of 50 million tokens. In July…
Ohio: Seven Funds Plan $300 Million Investment for Blockchain Startups Through 2021
Ohio funds will pour over $300 million into blockchain startups through 2021, Northeast Ohio daily news outlet Cleveland.com reported Dec. 3, quoting executives.Speaking at the ongoing Blockland Solutions conference, nonprofit JumpStart CEO Ray Leach announced that a total of seven funds were primed to invest $100 million in “early-stage startups that focus on using blockchain…
Turkey’s University Center to Develop Blockchain Projects on Cornell Prof’s Ava Platform
In advance of its mainnet launch, Ava Labs has partnered with BlockchainIST Center in Turkey to create blockchain-based products for daily use.BlockchainIST, Turkey’s first university blockchain center, partnered with Cornell University’s Emin Gün Sirer's Ava Labs to develop DeFi products on the Ava Platform. The press event took place on Jan. 6 at Bahcesehir University…
Bitcoin holds $40K as on-balance volume hints at multi-month BTC price breakout
Bitcoin (BTC) narrowed its consolidation range on March 18 as the TradFi trading week looked set to end with $40,000 still in place.BTC/USD 1-hour candle chart (Bitstamp). Source: TradingViewTraders patiently await paradigm shiftData from Cointelegraph Markets Pro and TradingView showed BTC/USD preserving $40,000 support overnight, and with it the area highlighted as "crucial" by analysis Thursday.Macro…
Federal Reserve Injects $168B, Greater Than Entire BTC Market Cap
After several days of plunging markets, the U.S. Federal Reserve added $168 billion into the economy — a total higher than all money currently invested in Bitcoin.“Separate auctions Tuesday in the short-term lending market, or repo, saw a two-week offering massively oversubscribed, with $93 billion offered for a $45 billion operation,” according to a March…
Sam Bankman-Fried will not file any post-trial motions, say lawyers
The former FTX CEO was found guilty of seven felony charges on Nov. 2, for which he could face up to 115 years in prison. Following his conviction on federal fraud charges on Nov. 2, former FTX CEO Sam “SBF” Bankman-Fried will not pursue any post-trial motions.In a Dec. 1 letter to Judge Lewis Kaplan
Mediterranean Olive Oil Producer Uses IBM Blockchain to Fight Food Fraud
CHO, one of the largest olive oil producers in the southern Mediterranean, announced on Jan. 14 that it is using IBM’s blockchain technology to provide traceability for its Terra Delyssa extra virgin olive oil. The company is the latest major food provider to join IBM’S Food Trust Network.Utilizing blockchain allows CHO to track Terra Delyssa…