Bitcoin price falls as global recession and AI bubble fears send investors scrambling

Private orders consume more than 50% of gas used on Ethereum, according to Blocknative.

The Chicago Mercantile Exchange (CME) Group’s Bitcoin (BTC) futures saw an average daily volume of $515 million in May 2019.Forbes reports on Aug. 28 that the CME Group’s Bitcoin futures are seeing new records in trading activity. CME Group’s managing director Tim McCourt said that in May, Bitcoin futures were, “trading an average of more…

The TON Foundation-backed Adsgram platform differs from previously available Telegram advertising tools by allowing developers to earn money from ads in mini-apps.

Former Bitstamp executive Miha Grčar is joining Kraken as head of business development. 866 Total views 8 Total shares Kraken, a San Francisco-based digital currency exchange, has added a proven crypto industry leader to its executive team, underscoring the firm’s continued expansion this year. In an official blog post, Kraken announced Tuesday that Miha Grčar has…

CoinShares has noted significant outflows from institutional products this past week, signaling some institutions have been realizing profits amid BTC’s recent pull-back. 2093 Total views 13 Total shares A new report from crypto fund provider CoinShares has indicated that some institutional investors have been realizing profits during BTC’s recent consolidation.CoinShares’ weekly digital asset flows report…

The cryptocurrency ecosystem underwent a turbulent year in 2022. Criticism inside and outside of the crypto industry was fueled following the collapse of FTX, Celsius, Three Arrows Capital and the Terra ecosystem. A number of losses have been recorded from these events. Blockchain analytics firm Chainalysis released a report in December of last year, which noted…

As megablazes ravage Australia, destroying vast amounts of land and wildlife, Cointelegraph and Oxygen Seven have partnered in a Bitcoin fundraising effort to benefit recovery efforts in the country.Fighting fire with fundraisingThe announcement between Cointelegraph and Oxygen Seven came last week. Through a page on Cointelegraph’s website, users can make anonymous or attributed donations in…

Bank of Japan has announced the launch of a new CBDC research team, which will continue the work of its previous CBDC research team. 1045 Total views 14 Total shares The Bank of Japan announced on July 20 that it had formed a new team to accelerate research into the feasibility of central bank digital…

Since the advent of blockchain technology in 2008, we have seen an ongoing sense of fortune, and several industries have been, and still are, grateful participants. The enormous boom will undoubtedly cause many other businesses to come aboard this train and completely step up their operations.Food industryBlockchain tech in the food industry will make the…