Bitcoin downward pressure ‘abated’ as sell-side markets shrink
Bitcoin’s price may not experience significant downward movement in the short term, as sell-offs on crypto exchanges are “shrinking at a rapid pace,” Bitfinex analysts say.
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Thailand’s next prime minister Srettha Thavisin has crypto history
Thavisin was once CEO of Sansiri, one of Thailand’s largest real estate firms, known for backing crypto projects like XSpring. 846 Total views 8 Total shares On Aug. 22, Thailand’s parliament elected real estate tycoon Srettha Thavisin as the country’s next prime minister. Thavisin is best known as the former president and CEO of Sansiri, one…

‘Plan A Has Failed’ — Global Debt to Hit $255T or $12.1M per Bitcoin
The world’s combined debt will hit $255 trillion by the end of 2019 — equal to $32,500 for each person on the planet or $12.1 million per Bitcoin (BTC).Bitcoin figures reacted with shock to the latest figures from the Institute of International Finance, which this month updated its Global Debt Monitor. $12.1 Million per single BitcoinBy…

New $35 Raspberry Pi is the Most Powerful Yet for Running a Full Bitcoin Node
The Raspberry Pi Foundation released a new, more powerful model of its miniscule single-board computer on June 24, which costs $35 a pop and has the capacity to run full nodes cheaply on the bitcoin (BTC) network.Earlier versions of the Raspberry Pi have been popular with bitcoin enthusiasts and decentralization advocates as it offers low-cost…

Cardano’s Alonzo hard fork was a success but real utility could be a while
Cardano (ADA) reached a major milestone in its roadmap on Sep. 13 as its blockchain successfully launched Plutus-powered smart contracts as a part of the Alonzo hard fork. The Alonzo hard fork has been highly anticipated in the Cardano community as well as the cryptocurrency sphere at large.The smart contract functionality is meant to allow Cardano…

Crypto crime’s overall impact set to fall even further in 2022: Chainalysis
“Cash is still king when it comes to illicit finance, and that is not likely to change,” says Chainalysis researcher Kim Grauer. 401 Total views 26 Total shares The coming year is likely to see crypto related crime reduce to an ever smaller share of the overall industry as law enforcement takes greater advantage of…

Tether gets Coinbase’s seal of approval, will list on pro offering
Coinbase seems to be signaling that the Nasdaq-listed crypto exchange is not concerned about the stablecoin's regulatory issues. 1067 Total views 17 Total shares The United States’ largest cryptocurrency exchange, Coinbase, is listing Tether (USDT) on its professional trading platform.According to a Thursday announcement, Coinbase Pro has enabled USDT deposits ahead of the trading launch…

Alibaba launches its ChatGPT-like AI model for public use amid loosening restrictions in China
The launch comes just weeks after Chinese authorities began accepting applications for public-facing AI systems. 96 Total views 3 Total shares Alibaba announced that its proprietary large language model, an artificial intelligence system called Tongyi Qianwen, will be available for public and enterprise access throughout China starting Sept. 13. Tongyi Qianwen is a ChatGPT-like large language

Dogecoin at $0.44 embraces ‘literal moon’ ahead of Elon Musk SpaceX launch
Bitcoin (BTC) may be flagging, but one cryptocurrency could not be less fazed by the market downturn, hitting new all-time highs.Dogecoin (DOGE), the altcoin based on a Shiba Inu meme, passed $0.40 for the first time on April 19, capping weekly gains of 400%.New all-time highs keep coming for DOGEThe rags-to-riches moves by DOGE throughout…