Bitcoin price falls as global recession and AI bubble fears send investors scrambling
Bitcoin’s price correction is driven by a weakening global economy, conflict in the Middle East, and concerns over an AI bubble.
Related Posts


As Ethereum Grinds Upwards Past $200, These Signals Can Fuel ETH Price
While the focus has been on Bitcoin (BTC) price recently, it is slowly shifting towards different projects. There’s a straightforward reason for that: the halving has passed by, so the markets are reverting to their normal day-to-day fluctuations. Hence, altcoins can regain some more attention.Based on that assumption, an analysis of Ethereum and its token…

As DeFi booms, Ethereum’s blockchain competitors are catching up
Ethereum is not the only blockchain platform seeing a significant increase in value as the decentralized finance space continues to move in tandem with the booming cryptocurrency ecosystem. The new year has continued to be good to the DeFi space, evident in the sheer amount of value that has been injected into various platforms.The value…

Liquid staking claims top spot in DeFi: Binance report
Liquid staking is a decentralized finance (DeFi) subsector that lets users earn yield by staking their tokens without losing their liquidity. It has become the biggest DeFi sector in terms of total value locked (TVL), according to crypto exchange Binance’s Half-Year Report 2023. Within the report, the crypto exchange highlighted that liquid staking had dethroned decentralized…

Financial Giant SBI and Ripple Launch Blockchain Payment App in Japan
Ripple-powered payments app MoneyTap has now gone live, according to an official tweet October 3. The consumer-focused service was co-developed by Ripple and Japanese financial services giant SBI Holdings.According to the product’s website, MoneyTap will use Ripple’s blockchain solution xCurrent to enable domestic bank-to-bank transfers in “real time.” Account holders at three participating Japanese banks…

Big tech is prepping an explosive pivot to robotics
The ten most valuable tech firms in the world are all involved in developing technology for the robotics industry.

Over $100 Million Missing: CoinBene Claims Maintenance, a Month of Questions Point Toward a Hack
Remember CoinBene, the cryptocurrency exchange platform that denied being hacked at the end of March 2019, and instead saying it was undergoing maintenance? Well, it turns out the platform is still under maintenance, or so the company says.Meanwhile, Cointelegraph has received exclusive details from stakeholders reportedly affected by the situation. These reports, for the most…

Smart Contract Firm Quantstamp Reveals Investment From Financial Giant Nomura
United States smart contract security company Quantstamp has announced its expansion to Japan following an investment from local financial giant Nomura Holdings. The news was revealed in a press release from Quantstamp published on March 6.According to the announcement, the U.S. firm has received a “significant investment” from Nomura, which provides investment, financing and related…

Over 90% of Ether Supply Is Now in ‘State of Profit,’ Says Glassnode
Glassnode states that over 90% of the Ether token supply was bought at a lower price than that at which it's currently trading. As Ether (ETH) continues to hit new 2020 highs, the majority of ETH is now reportedly profitable.According to data from blockchain intelligence firm Glassnode, more than 90% of the circulating ETH is…