Bitcoin traders see $54K BTC price or lower amid Middle East tensions

Bitcoin reaches $51,000 as the U.S. Senate greenlights $1,400 "stimmy" checks for Americans. 2903 Total views 23 Total shares The price of Bitcoin (BTC) reached over $51,000 on March 7 after the U.S. Senate passed the anticipated $1.9 trillion stimulus bill, which is roughly two times larger than the market capitalization of BTC.United States' President…

The Economic Development and Trade Ministry of Ukraine has initiated a “state policy” for the classification and legalization of crypto-related activities, Ukrainian state information and news agency Ukrinform reported Oct. 26.The Ministry has reportedly issued an official press release stating that its purpose is to “create understandable conditions for conducting activities in the field of…

The embattled crypto lender is seeking final court approval for a restructuring plan that will start repaying creditors before the end of 2023. 532 Total views 5 Total shares Embattled crypto lender Celsius Network has told a judge it plans to start paying back its customers by year’s end, amid an Oct. 2 hearing seeking

Ether (ETH) faces its largest options expiry ever on June 25 as nearly $1.5 billion out of $3.3 billion notional open interest (OI) in ETH options will expire. June’s expiry has over 638,000 ETH options contracts in its purview, accounting for 45% of the total open interest in these options.Although it’s the largest options expiry…

More countries are allegedly involved in a major global Bitcoin ad scam. 988 Total views 6 Total shares A major Bitcoin (BTC) ad scam involving unauthorised images of Australian celebrities who seemingly promoted fake investment schemes is allegedly coming from Russia, according to a new report.Fraudulent Bitcoin ads capitalizing on Australian celebrities like Dick Smith…

Researchers at the Massachusetts Institute of Technology (MIT) have reportedly developed a cryptocurrency that needs transaction-verifying nodes to store 99 percent less data when compared to Bitcoin (BTC). The development was reported on Jan. 23 in a post on the MITNews Blog.The cryptocurrency in question is dubbed Vault and will be presented at the Network…

Bitcoin investors who bought in at the March highs have been fighting choppy BTC price action ever since.

A team of researchers from Humboldt-Universitat zu Berlin have developed a large language artificial intelligence model with the distinction of having been intentionally tuned to generate outputs with expressed bias.Called OpinionGPT, the team’s model is a tuned variant of Meta’s Llama 2, an AI system similar in capability to OpenAI’s ChatGPT or Anthropic’s Claude 2.

2022 was supposed to be the year crypto went mainstream, with a significant chunk of traditional venture capital firms betting heavily on the ecosystem in 2021. However, with one disaster after another, 2022 turned out to be a catastrophic year for the nascent crypto ecosystem. Some of the biggest names touted as pivotal to taking…