Bitcoin still has 'a long way to go' at $90K: Cathie Wood
The continued market momentum would be driven by “regulatory relief,” one of the most important things coming out of the new administration, said ARK Invest’s Cathie Wood.
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Bitcoin capitulation 4th-worst ever as BTC hodlers lose $10B in a week
Bitcoin (BTC) hodlers have capitulated more than at almost any point in Bitcoin’s history this month.Data from on-chain analytics firm Glassnode confirms that the November 2022 BTC sell-off was the fourth-largest ever.Bitcoin investors see multi-billion-dollar lossesIn the latest edition of its weekly newsletter, “The Week On-Chain,” Glassnode got to grips with the impact of the FTX…

Craft distilling meets Bitcoin: US distillery adopts BTC for treasury use
Heritage Distilling has adopted Bitcoin for payments and treasury, becoming the first publicly traded distiller to integrate cryptocurrency into its business model.

Chainlink Verifiable Random Function v2 goes live on mainnet
Chainlink VRF v1 had previously crossed 3 million request transactions from NFT projects and blockchain games. On Wednesday, blockchain oracle solution Chainlink (LINK) announced the release of Chainlink Verifiable Random Function, or VRF, v2. As told by its developers, the new, improved version of the random number generator can reduce transaction fees by 60% compared…

Cypherium CEO Predicts CBDC Cross-Border Payments ‘Soon’
Cypherium’s founder predicts that adoption of CBDCs for cross border payments will happen sooner than expected. 380 Total views 6 Total shares Sky Guo, founder of the Cypherium blockchain, predicts that central bank digital currency cross-border payments will happen “in the next couple years” or “even sooner”. In an interview with Cointelegraph on July 13, Sky…

‘ChatGPT-like personal AI’ can now be run locally, Musk warns ‘singularity is near’
The AI model “GPT4All” isn’t as powerful as OpenAI’s ChatGPT-4 but requires just 4GB of space and doesn’t need the internet, providing immunity to AI censorship. 391 Total views 2 Total shares Own this piece of history Collect this article as an NFTIt is now possible to install and run a “ChatGPT-like” personal artificial intelligence…

Cryptocurrency miners are leading the next stage of AI
As artificial intelligence (AI) rapidly works its complex magic on one sector of the economy after another, there is an increasingly pressing need for compute resources to power all this machine intelligence. Training a model like ChatGPT costs more than $5 million, and running the early ChatGPT demo, even before usage increased to its current level,…

Report: Canadian Crypto Exchange Coinsquare Lays Off 40 Employees
One of Canada’s top crypto exchanges, Coinsquare, is reportedly laying off almost 30 percent of its staff, including its chief financial officer (CFO) and chief operating officer (COO). The news was reported by Canadian startup and technology news platform BetaKit on Jan. 31.Coinsquare did not return Cointelegraph’s request for comment or confirmation by press time.Citing…

Crypto hater Peter Schiff to drop Bitcoin Ordinals NFT art collection
In what seems like a parody but isn't, Economist, gold proponent and avid crypto skeptic Peter Schiff has unveiled a collaborative nonfungible token (NFT) art collection on Bitcoin that will soon go up for auction. The reaction from the crypto community has been mixed, with people generally baffled, amused, welcoming — especially Ordinals proponents —…