Tech giants losing momentum as AI progress disappoints investors
The current AI oversupply has prolonged the cost recovery on major AI investments, which could force large corporations to shift investment focus.
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Spanish tax agency to send over 328K notices to crypto holders
According to fiscal authority, the number of potential taxpayers who failed to declare their crypto assets rose by 40% in a year. Own this piece of history Collect this article as an NFTThe State Tax Administration Agency of the Government of Spain (AEAT) increases its efforts to charge the local holders of crypto assets. The…
Taco tokens: Chipotle adds crypto payments via Flexa
Nearly 3,000 Chipotle restaurants across the U.S. will accept 98 cryptocurrencies as the Mexican-style fast food chain partners with Flexa to support crypto payments. 316 Total views 13 Total shares The popular Mexican fast food chain Chipotle is now accepting cryptocurrency payments through digital payment provider Flexa at all of its over 2,950 United States…
Tether Mistakenly Minted 5 Billion USDT and Immediately Burned Them
Stablecoin operator Tether accidentally minted and subsequently burned 5 billion USDT tokens, Whale Alert tweeted on July 13.Whale Alert — a Twitter account dedicated to reporting large cryptocurrency transactions — noted that 50 million USDT tokens were transferred from cryptocurrency exchange Poloniex to the Tether Treasury via the Omni protocol on the Bitcoin (BTC) blockchain.…
Research Says Crypto Market on Verge of ‘Implosion,’ Cites Low Transaction Volumes
A recent study from Juniper Research states that the cryptocurrency market could “implode” and that transaction volumes are decreasing, Bloomberg reported Oct. 9.In a report dubbed “The Future of Cryptocurrency: Bitcoin & Altcoin Trends & Challenges 2018-2023” Juniper assessed the challenges of digital currencies, with a focus on technical, social and regulatory concerns. The survey…
Bitcoin is cooling its rally — Here are the BTC price levels to watch next
Bitcoin (BTC) consolidated gains on Oct. 27 as the highest levels in six weeks gave way to sideways action.BTC/USD 1-hour candle chart (Bitstamp). Source: TradingViewBitcoin impresses with stability on GDP printData from Cointelegraph Markets Pro and TradingView showed BTC/USD circling $20,500 on Bitstamp after reaching local highs of $21,012 the day prior.The largest cryptocurrency treaded…
Price Analysis 26/07: BTC, ETH, XRP, LTC, BCH, BNB, EOS, BSV, XLM, ADA
The views and opinions expressed here are solely those of the author and do not necessarily reflect the views of Cointelegraph. Every investment and trading move involves risk, you should conduct your own research when making a decision.Market data is provided by the HitBTC exchange.A new study by digital asset management fund Grayscale Investments shows…
Bitcoin price sees $24K, Ethereum hits 2-month high as US inflation shrinks
Bitcoin (BTC) regained $24,000 but failed to hit new multi-month highs on Aug. 10 as United States inflation appeared to be slowing.BTC/USD 1-hour candle chart (Bitstamp). Source: TradingViewCPI cuts risk assets much-needed slackData from Cointelegraph Markets Pro and TradingView confirmed hourly gains of around $1,000 after U.S. Consumer Price Index (CPI) data for July showed a…
Cardano risks 60%-90% drop, warns trader with ADA painting a classic bearish pattern
Cardano is close to attaining the title of a fully-fledged smart contracts platform following a critical upgrade in mid-July. The project's founder Charles Hoskinson confirmed that they recently processed the sales of more than $10 million worth of non-fungible tokens atop their public ledger. Moreover, an NFT and DeFi Marketplace called the Spores Network, which raised $2.3…