BTC price to retest $72K as Bitcoin sets up $7B liquidation showdown

Despite unbridled optimism and massive spending, generative AI is still a solution looking for a problem.

Bitcoin price is down today as macroeconomic pressure, declining Bitcoin network usage, and doubts over the Fed rate decrease drive prices downward.

Global banking regulator Basel Committee on Banking Supervision (BCBS) calls for a conservative prudential treatment framework for crypto assets.The Basel Committee — which includes banking regulators from the United States, Europe and Japan — published its report on the prudential treatment of crypto assets. The study was first announced in November, as Cointelegraph reported at…

A euphoric price rally by ApeCoin (APE) seen in mid-March appears to be exhausted already thanks to the coin's 70% drop in valuation in the past two weeks — and it may fall further in April.At the core of this bearish outlook is a rising wedge, a technical pattern that forms as the price consolidates…

Self-sovereignty is a core principle in the cryptocurrency space: Investors need to rely on a trustless, decentralized network instead of a central entity that has been known to devalue the holdings of others. One shortcoming associated with self-sovereignty, however, is inheritance.An estimated 4 million Bitcoin (BTC) has been lost over time and now sits in…

The Algorand Foundation introduced its Europe Accelerator program in October 2020. Now, 11 startups have been selected as part of the inaugural cohort. 2871 Total views 17 Total shares The Algorand Foundation, the research body behind smart contract protocol Algorand, has selected 11 startups for its inaugural accelerator program, a move that could enhance innovation…

Despite the significant milestone, Web3 gaming still needs more “soft” infrastructure for mass adoption, according to Sonic’s CEO

The platform is part of Air Nippon Airways' ongoing expansion into the intersection of airlines and Web3. 160 Total views 25 Total shares On May 30, Air Nippon Airways (ANA), the largest airline in Japan, launched an aeronautical-themed nonfungible tokens (NFTs) marketplace with its subsidiary ANA Neo. Dubbed the "ANA GranWhale NFT Marketplace," the platform will…