Ethereum gas fees rose 498% in two weeks as network activity surged — Report

The emergence of high-level artificial intelligence (AI) technology has caused the United States and China to safeguard their resources in a race to develop the most powerful systems.A tense relationship is developing between the two world powers, as the Biden Administration announced it would limit Chinese tech investments in semiconductors, quantum computing and AI.This move subsequently…

One crypto industry CEO thinks COVID-19 has brought Bitcoin further into the public eye. 779 Total views 14 Total shares The CEO and co-founder of Bitcoin (BTC) investment app Amber, Aleks Svetski, said he thinks the COVID-19 pandemic has bolstered Bitcoin awareness. "COVID was one of the best marketing campaigns for Bitcoin in history," Svetski told Morgan…

Bitcoin (BTC) fell below $8,600 on Nov. 14 as its slow grind downwards continues to see new lows haunt markets.Cryptocurrency market daily overview. Source: Coin360Bitcoin trends downwards at $8.6KData from Coin360 shows the largest cryptocurrency hitting $8,550 on Thursday, its lowest since late October. A subsequent rebound took BTC/USD back above $8,600.Bitcoin seven-day price chart.…

AMP, XVS and RSR price saw strong breakouts after a short squeeze sent Bitcoin price within a hair of the $40,000 level. 374 Total views 6 Total shares A renewed sense of optimism has returned to the cryptocurrency ecosystem on July 26 as Bitcoin’s (BTC) recovery above $38,900 has sparked a market-wide rally in the…

The major digital asset services platform Coinbase has recently announced the long-anticipated completion of a deal that has been in progress since at least May: the acquisition of Xapo’s institutional business. The move projects Coinbase Custody to the status of the world’s largest institutional digital asset custodian, securing more than $7 billion on behalf of over 120…

Bitcoin (BTC) fell back below $20,000 after the Aug. 30 Wall Street open as data showed hodlers selling at a loss.BTC/USD 1-hour candle chart (Bitstamp). Source: TradingViewJune lows look increasingly attractiveData from Cointelegraph Markets Pro and TradingView captured the latest dive below the 2017 bull market peak for BTC/USD, with United States equities dropping in…

Philip Jefferson, who has been serving as a Fed governor since 2022, will take on the No. 2 role under chair Jerome Powell at the central bank until 2036. 220 Total views 2 Total shares Federal Reserve governor Philip Jefferson has won confirmation from a majority of members of the United States Senate, placing him