Hash Ribbons signal end of miner capitulation: CryptoQuant
On Aug. 11, Bitcoin miners recorded the lowest levels of daily revenue in 2024, highlighting the profit squeeze miners are experiencing.
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Standard Chartered Signs MoU With Chinese Blockchain Finance Platform Linklogis
London-headquartered multinational banking and financial services firm Standard Chartered has signed a memorandum of understanding (MoU) with Tencent-backed Chinese fintech firm Linklogis. The agreement, reported by financial technology news site Finextra on Feb. 12, will allow Standard Chartered to use Linklogis’ blockchain-powered supply chain financing platform.Linklogis, based in Shenzhen, China, is a business to business…
Shenzhen’s stock exchange is preparing to launch Blockchain-powered trades
Chinese exchanges are becoming increasingly blockchain-friendly Shenzhen’s stock exchange, one of the biggest exchanges in the Asia-Pacific region, announced that they have co-launched a blockchain solution for trading with unlisted private-sector companies. This new platform was created as part of the Beijing Regional Trading Center.The report also indicated that the platform will be co-piloted with…
OpenAI suspends ChatGPT voice accused of mimicking Scarlett Johansson
OpenAI halts use of a new ChatGPT voice amid controversy involving Scarlett Johansson, who claims the AI voice closely mimics her own.
Crypto derivatives market down but not out as $3B expiry sours the mood
Bitcoin (BTC) led the entire cryptocurrency market through a tumultuous period after the majority of the cryptoverse was painted red on May 19, a day now also referred to as “Black Wednesday.” BTC’s price fell below $40,000 for the first time since it blew past the resistance level on Feb. 9 on the back of the…
NEO Founder Says Blockchain is a Remedy in a Post-Pandemic World
NEO (NEO) founder Da Hongfei appeared at the Blockdown 2020 virtual conference on April 16, where he spoke about blockchain’s role in the post-pandemic world. The creator of the project dubbed the “Chinese Ethereum” suggested that the world was currently witnessing a pattern of de-globalization. According to Hongfei, blockchain will be the technology that puts humanity…
Bitcoin price rally cools down as Polkadot gains 34% in first week of ‘altseason’
Bitcoin dominance is likely topping out, Michaël van de Poppe argues, as Bitcoin gives way to strong moves from some top ten altcoins. 1577 Total views 9 Total shares Bitcoin (BTC) fell below $26,000 on Dec. 29 as fresh fallout from Ripple's threatened U.S. lawsuit was felt throughout crypto markets.Cryptocurrency market overview. Source: Coin360BTC price…
Bitcoin rejects at 21-day trendline — How low can BTC price go?
BTC price fails to protect the $30,000 mark after a brief resurgence, and Bitcoin traders are not confident of new highs. 1318 Total views 6 Total shares Bitcoin (BTC) failed to hold above $30,000 after the July 20 Wall Street open, with one analyst forecasting a return to range lows.BTC/USD 1-hour chart. Source: TradingViewBTC price…
Stellar Lumens doubles in price following upgrade
The launch of Stellar’s new protocol was received positively by the crypto market, coinciding in a 100% price rise for XLM across the last 48 hours. 561 Total views 10 Total shares The price of Stellar Lumens (XLM) shot up 60% in the past 24 hours and crossed the 20 cent mark for the first…