Bitcoin approaching new all-time high still hasn't woken up retail investors

Shocking as it may sound, the venture capital industry is built on the idea that it doesn’t really matter if most of the companies they fund lose money or go belly-up. Could this be because they often turn hot air into fabulous profits and cash out before the balloon bursts?Even when that is not the…

The price of Bitcoin (BTC) dropped below $16,900 again on Nov. 27 across top exchanges, including Binance. The recent pullback comes as whale exchange deposits started to increase.Ki Young Ju, the CEO of CryptoQuant, reported that the All Exchange Inflows Mean indicator reached the “danger zone.” Historically, this caused BTC to suffer short-term corrections.Bitcoin struggles…

In a recent keynote speech to the London School of Economics, International Monetary Fund (IMF) Deputy Managing Director, Tao Zhang, briefed the positives and negatives of a central bank digital currency (CBDC).Zhang pointed toward greater efficiency and lower costs associated with a CBDC. “In some countries, the cost of managing cash can be very high…

The Coachella Valley Music & Arts Festival has partnered with FTX US to launch a series of NFT collectibles that includes tokenized lifetime access passes to its annual music festivals.The iconic music festival is held over two consecutive three-day weekends every April in California, and is being headlined by Harry Styles, Billy Eilish and Ye…

China’s Supreme Court has called to strengthen property laws pertaining to digital currency, network virtual property and data. 919 Total views 4 Total shares The Chinese Supreme Court believes that cryptocurrency property rights should be strengthened.In a document published on July 22, China’s Supreme Court calls for strengthening the protection of property rights pertaining to…

Google said that generative AI streamlines search functions, enabling individuals to discover novel perspectives and insights more effortlessly. 216 Total views 1 Total shares Google introduced a series of enhancements to its search engine on Aug. 15, incorporating advanced generative artificial intelligence (AI) features it says will enhance online information discovery and comprehension.The recent update…

Cybersecurity firm, Guardicore Labs, revealed the identification of a malicious crypto-mining botnet that has been operating for nearly two years on April 1.The threat actor, dubbed ‘Vollgar’ based on its mining of the little-known altcoin, Vollar (VSD), targets Windows machines running MS-SQL servers — of which Guardicore estimates there are just 500,000 in existence worldwide.However,…

Bitcoin may still be trading above $60,000, but network fundamentals are already showing the strain as BTC price gains fail to materialize.