Quick Look
SUI mainnet goes live as token sees immediate action on Binance, OKX, others
Major cryptocurrency exchanges around the world are launching trading of the Sui (SUI) token amid the Sui Network’s mainnet launch on May...
3 signs PEPE token is about to trap bulls after 2,000% price rally
New meme-coin Pepe (PEPE) has entered a sharp correction phase after surging by more than 2,000% since its debut a few weeks ago. On May...
What are convolutional neural networks?
Several types of convolutional neural networks exist, including traditional CNNs, recurrent neural networks, fully convolutional networks...
Federal Reserve Raises Interest Rate by 25bps, Insists ‘US Banking System Is Sound and Resilient’
The U.S. Federal Reserve, in conjunction with the Federal Open Market Committee (FOMC), announced on Wednesday that the central bank would...
BRC20 Token Standard Sparks Frenzy in Bitcoin Community With Market Cap Surpassing $95 Million
As of May 3, 2023, the Bitcoin blockchain has witnessed a staggering 3.35 million Ordinal inscriptions, and a new experimental token...
Bitcoin limps into FOMC as flagging volume adds to BTC price hurdles
Bitcoin (BTC) hit daily lows at the May 3 Wall Street open as markets counted down the hours to the Federal Reserve interest rate...
Price analysis 5/3: BTC, ETH, BNB, XRP, ADA, DOGE, MATIC, SOL, DOT, LTC
Investors seem to have priced in a 25 basis points rate hike by the United States Federal Reserve on May 3. Next, they will look for clues...
SportVerse: Feel the Thrill of Your Favorite Game
PRESS RELEASE. Do you hear the distant roar of numerous stadiums? Are you ready for the next sport challenge? Do you want to resonate with...
White House advisers renew push for 30% digital mining energy tax
The Biden administration has renewed its push for a 30% Digital Asset Mining Energy (DAME) on cryptocurrency miners, part of efforts to...
FTX advisers billed the bankrupt firm for a whopping $103M in Q1
The lawyers and consulting firms assisting cryptocurrency exchange FTX through its bankruptcy proceedings are set to cash in a total of...
NFT art pioneer wants to upload her brain so she can live forever: Josie Bellini, NFT Creator
Who is Josie Bellini? Crypto artist Josie Bellini is most famously identified by her iconic Bitcoin gas mask from Filter. She has become...
Biggest Movers: MATIC Rebounds, as SOL Falls Back Towards Support
Polygon climbed higher in today’s session, as cryptocurrency markets marginally rebounded on Wednesday. The global crypto market cap was...
Global Law Enforcement Agencies Dismantle Darknet Marketplace Monopoly Market, Arrest 288 and Seize $53.4 Million
On May 2, 2023, Europol announced a collaborative effort between law enforcement agencies from the U.S., Europe, the U.K., and Brazil...
AX1 Releases Research on Binance Key Project – Trust Wallet
PRESS RELEASE. AX1 company recently conducted research on the Trust Wallet, a popular cryptocurrency wallet that has gained a significant...
Coinbase going international sparks community reactions: ‘Crypto is global’
Amid regulatory struggles in the United States, crypto exchange Coinbase has decided to expand its business abroad with a global platform....
Bitcoin, Ethereum Technical Analysis: BTC, ETH Rebound on Wednesday, as Fed Meeting Looms
Bitcoin rebounded from Tuesday’s losses, as all focus in the market turned to today’s United States Federal Reserve rate...
Bitcoin Cash price remains calm ahead of the Fed decision
Bitcoin Cash price has remained in a consolidation phase in the past few weeks. It remains significantly below the year-to-date high of...
Iran Sets Up Platform to Facilitate Crypto Payments for Imports
Authorities in Iran are taking steps to make crypto payments easier for companies importing goods in the sanctioned country. A dedicated...
FBI, Ukraine seize 9 exchange domains on money laundering allegations
Nine digital currency exchanges allegedly aiding and abetting cybercriminals had their domains seized by the United States Federal Bureau...
Russian Banks Set for Record Profits This Year, Central Bank, Rating Agency Say
Bank of Russia raised its forecast for the profits of Russian banks in 2023, expecting results that may break the 2021 record. This year’s...
Breaking the Barriers of Traditional Banking With Digital Assets
Another one bites the dust! The banking industry in the United States is in trouble, and regional banks are feeling the squeeze. A number...
Bitcoin price forecast ahead of the Federal Reserve meeting
Bitcoin finds resistance at $30k The neckline of a head and shoulders pattern provides support The realized HODL ratio suggests investors...
Standard Chartered Analyst: BTC to Surge by $20,000 if the US Defaults on Debt Obligations
Geoff Kendrick, the head of forex research at the banking institution Standard Chartered, recently said that the price of bitcoin is...
Analysts Warn of More Bank Failures, Possible Recession and Global Repercussions Caused by First Republic Bank Collapse
The recent takeover of First Republic Bank, the fourth U.S. bank to fail this year, has awakened concerns about the possible repercussions...
The ABCs of Crypto: Teaching the next generation of Web3 users
“How do we onboard the next billion users into crypto?” This is a question that gets thrown around at crypto conferences and metaverse...
White House advisors renew push for 30% digital mining energy tax
The Biden administration has renewed its push for a 30% Digital Asset Mining Energy (DAME) on cryptocurrency miners, part of efforts to...
Russia Monitoring US Economy Amid Possible Default, Says Official
Russia is closely monitoring the U.S. economy amid discussions of the U.S. government defaulting on its debt obligations. Treasury...
Ron DeSantis Vows to Prohibit CBDC, ‘Woke Politics,’ and ‘Financial Surveillance’ in Florida
Florida governor Ron DeSantis reiterated his call for a ban on central bank digital currencies (CBDCs) during a visit to Jacksonville on...
Economist Peter Schiff Warns of Stagflation in US Economy — Says ‘It’s Going to Get Worse’
Economist Peter Schiff has warned that the U.S. economy is facing stagflation and the situation is going to get worse. “Not only is...
Ethereum price outlook weakens, but ETH derivatives suggest $1.6K is unlikely
Ether’s (ETH) price has shown weakness after failing to break above the $1,950 resistance on April 26. The subsequent correction drove ETH...
Ether whale population drops after Shapella — Will ETH price sink too?
The share of Ether held by so-called whale addresses has dropped since Ethereum’s Shapella upgrade in mid April, suggesting that...
Interest rate hike speculation triggers outflows from crypto investment products: Report
On May 2, European cryptocurrency investment firm CoinShares published its latest “Digital Asset Fund Flows Weekly Report,” which stated...
Coinbase Launches International Exchange for Bitcoin and Ether Perpetual Futures
Coinbase, the San Francisco-based cryptocurrency exchange, recently announced the launch of a new service called Coinbase International...
Crypto.com Unveils Amy: An AI-Powered Companion for Crypto Enthusiasts
This year, the world has witnessed a surge in the popularity of artificial intelligence (AI) software, with a plethora of cutting-edge...
SEC crackdown on crypto staking in the US could boost decentralization
The Ethereum network underwent the successful Shapella hard fork on April 12, allowing validators to withdraw their long-staked Ether...
Pacwest Stock Plummets Over 35% Following Release of Q1 Earnings Report Amidst Turmoil in Banking Industry
Following the acquisition of First Republic Bank by JPMorgan Chase, several regional banks such as Pacwest and Western Alliance...
Bitcoin Hashrate Reaches All-Time High of 491 EH/s, Close to Half a Zettahash, as Network Preps for Next Difficulty Change
While the next difficulty change for Bitcoin is just two days away, the network’s hashrate soared to unprecedented heights, reaching...
Biggest Movers: DOT Drops to 6-Week Low on Tuesday
Polkadot was one of Tuesday’s biggest movers, as the token dropped to a six-week low in today’s session. Prices fell for a long-term...
Morgan Stanley Strategist Warns of Equities Sell-Off in Response to ‘Hawkish’ Fed Message
On Monday, Morgan Stanley’s equity strategist, Michael Wilson, shared his thoughts on the state of Wall Street. He expressed his...
Crypto and AI: Control the robots, incentivize the humans
Text generator ChatGPT is the fastest-growing consumer app ever, and it’s still growing rapidly. But the dirty secret of AI is that humans...
Bitcoin, Ethereum Technical Analysis: BTC Moves Below $28,000 Ahead of FOMC Decision
Bitcoin fell below the $28,000 level on Tuesday, as markets continued to prepare for tomorrow’s Federal Reserve interest rate...
ARK Invest spends Int’l Workers’ Day buying $8M in Coinbase shares
ARK Invest, the investment management firm founded by legendary investor Cathie Wood, has celebrated International Workers’ Day by buying...
Bitcoin price sweeps lows, but analysis still predicts a $25K dive
Bitcoin (BTC) fought for $28,000 support on May 2 after the month opened to multiday lows. BTC/USD 1-hour candle chart (Bitstamp). Source:...
Bitcoin metrics to the moon: ATH for hash rate, daily transactions and Ordinals
A lot of Bitcoin (BTC) miners just came online. The Bitcoin hash rate, or the total computing power of the Bitcoin blockchain, just soared...
India, Russia Mull Payment System Integration in Face of US Sanctions
The governments of India and Russia are considering integrating part of their payment systems, in order to counter the possible future...
Ethereum Shapella Upgrade Sets the Stage in Latest ProBit Global Trading Contest
PRESS RELEASE. ProBit Global has announced the native asset for the Ethereum network, ETH, as the next token for its series of trading...
Analysts Consider US National Security Policy a Pretext to Establish Trade Sanctions Against Other Countries
International analysts have called out the supposed use of the national security policy of the U.S. as a tool to justify the establishment...
Bitcoin Cash Smart Contracts ‘Comparable to Those on Ethereum’ Possible via May Upgrade, ‘1000x Efficiency Advantage’: Dev Jason Dreyzehner
Pro-freedom technologies advocate and software developer Jason Dreyzehner recently spoke with Bitcoin.com News via email about the...
China Ramped Up Gold Production During Q1 Amidst Steady Demand From Central Banks
Gold companies operating in China ramped up their production levels during the first quarter of 2023. According to industry reports, the...
Bitcoin hash rates threaten blockchain decentralization
Blockchain technology was introduced in 2008 as a decentralized, secure, transparent system for managing digital transactions. Its primary...
MicroStrategy’s Bitcoin conviction ‘strong’ as it posts Q1 profit
Business intelligence platform MicroStrategy has reiterated its commitment to its Bitcoin (BTC) investment strategy after turning its...
Darknet hackers are selling crypto accounts for as low as $30 a pop
Cybercriminals from the darkest parts of the internet are reportedly selling hacked, verified crypto accounts on the darknet for as low as...
Putin Says Multipolarity Trend Will Intensify — Warns Those Who Do Not Follow Will Lose
Russia’s president, Vladimir Putin, says the trend toward multipolarity is inevitable and will only intensify. “Those who do not...
Treasury Secretary Yellen Warns US Could Default on Its Debt by June 1
U.S. Treasury Secretary Janet Yellen has warned that the Treasury will not be able to pay all of the government’s debt “as early as...
Level Finance confirms $1M exploit due to buggy smart contract
Decentralized exchange Level Finance has experienced a security breach allowing an attacker to steal more than $1 million of the...
US Court Orders Operator of South African Bitcoin Ponzi Scheme to Pay Over $3.4 Billion
Johann Steynberg, the founder and CEO of Mirror Trading International, has been ordered to pay over $1.73 billion in restitution to...
Mawson Infrastructure Group Expands to New Bitcoin Mining Site in Ohio, Plans to Boost Hashpower by 1 EH/s
Mawson Infrastructure Group announced on Monday that the company has secured a new mining site in Corning, Ohio. The bitcoin mining firm,...
ChatGPT more empathetic, provides higher-quality advice than doctors
By Paul McClure, Research has found that, compared to human doctors, ChatGPT provides more empathetic, higher-quality answers to patient...
Stabilizing the Banking System: Biden Reassures Public Amid First Republic Bank Collapse, but Warns of National Debt Default
Amid the collapse of the second, third, and fourth largest banks in American history, U.S. president Joe Biden reassured the public that...
Ethereum Network Fees Surge 153% in 30 Days, While Arbitrum Daily Transactions Outpace ETH Following Shapella Upgrade
Ethereum network fees have experienced a significant upswing following the implementation of the Shapella upgrade on April 12th. In the...
Paysenger Launches IDO as the Platform Looks to Solve the Challenges of AI-Generated Art
PRESS RELEASE. The rise of AI-generated art has created ethical concerns and challenges within the art community, as many artists perceive...
Will $28K Bitcoin price hold? Two indicators remain solid despite 5% pullback
Bitcoin (BTC) saw considerable volatility between April 25 and May 1, ranging between $27,200 and $30,000. From a trading perspective, the...
Bitcoin price threatens $28K support as pre-FOMC mood boosts US dollar
Bitcoin (BTC) headed toward $28,000 support after the May 1 Wall Street open as markets digested fresh United States banking jitters....
Price analysis 5/1: SPX, DXY, BTC, ETH, BNB, XRP, ADA, MATIC, DOGE, SOL
JPMorgan Chase emerged as the winner in the auction to acquire the deposits and a “substantial majority of assets” of the troubled bank...
Biggest Movers: LTC Back Under $90.00, as SOL Extends Declines
Litecoin fell below the $90.00 level on Monday, as sentiment in cryptocurrency markets remained mostly bearish. The global market cap is...
Charlie Munger Raises Concerns Over Troubled Commercial Property Loans at US Banks
Charlie Munger, the vice chairman of Berkshire Hathaway, stated in a recent interview that American banks are burdened with poor-quality...
AI Eye: Is Hollywood over? ETH founder on AI, Wes Anderson Star Wars, robot dogs with ChatGPT brains
Your biweekly roundup of cool AI stuff and its impact on society and the future. The past two months have seen a Cambrian explosion in the...
What is Immutable, explained
Immutable is a game development platform that simplifies building Web3 games on the Ethereum blockchain. Headquartered in Sydney...
Second-biggest US bank failure — 5 things to know in Bitcoin this week
Bitcoin (BTC) starts a new week digesting major macroeconomic news as the United States sees the second-largest bank failure in its...
Tokens but not crypto: Nigeria SEC prepares new digital asset rules
Nigeria, one of the world’s most curious nations about cryptocurrencies like Bitcoin (BTC), is preparing new industry regulations for...
JPMorgan Chase Assumes Control of First Republic Bank Following Seizure by California Regulators
On May 1, 2023, the California Department of Financial Protection and Innovation (DFPI) seized First Republic Bank, placing it into...
Bitcoin, Ethereum Technical Analysis: BTC, ETH Start Week Lower, Ahead of Key Economic Events
Bitcoin started the week trading in the red, as markets prepared for an important week of U.S. economic events. On Wednesday, the Federal...
Ethereum price prediction: Here’s why FRC collapse matters
ETH price remained under pressure in the past few days. The collapse of First Republic Bank matters for cryptocurrencies. Ethereum price...
Top Indian Banker Says US Dollar Has ‘Disproportionate Power’ as Reserve Currency; Retracts ‘Biggest Financial Terrorist’ Remark
Uday Kotak, the CEO of Kotak Mahindra Bank, a financial institution based in India, recently expressed his view on the dominance of the...
Jack Dorsey-Backed Bitcoin Legal Defense Fund Supports Open Source Developers in Lawsuit With Craig Wright
Bitcoin Legal Defense Fund (BLDF) recently delivered on its promise to fund the legal costs of 11 Bitcoin developers that are the target...
Latam Insights — Steve Hanke Advocates Dollarization in Argentina, Bitcoin City Plans Unclear in El Salvador, Sunacrip Implicated in Venezuela Layoffs
Welcome to Latam Insights, a compendium of the most relevant crypto and economic development news from Latin America during the last week....
Friends and FOMO pushed newbie investors to buy crypto in 2022 — Survey
Influence from friends and the fear of missing out (FOMO) were some of the reasons investors bought crypto for the first time in 2022,...
BRICS to Promote National Currencies Before Issuing Common One
The BRICS bloc is now focused on expanding the use of the currencies of its members, according to the representative of one of them. The...
Jack Dorsey’s nano Bitcoin mining chip heads to prototype
Block, the financial services and technology company owned by former Twitter CEO Jack Dorsey, has announced it has completed the prototype...
SEC serves $4M in fines to Coinme over ‘misleading’ UpToken ICO
The United States securities regulator has handed down nearly $4 million in fines to crypto exchange Coinme for allegedly offering...
‘Evil Crypto’ Can Be Used in Foreign Trade, Russia’s Deputy Finance Minister Says
Cryptocurrency may be bad for investors but it can be useful in international settlements, according to a top government official in...
2 reasons why Bitcoin Ordinals are ‘positive’ for BTC: Grayscale
Bitcoin (BTC) Ordinals — also known by some as Bitcoin NFTs — could renew developer enthusiasm for Bitcoin and boost mining fees,...
Syria Urges BRICS to Lead in Ditching Dollar, Talks Yuan Adoption With China
BRICS nations can lead efforts to abandon the U.S. dollar in international settlements, according to President Bashar Assad of Syria. At a...
Mineflation: Cost to mine one Bitcoin in the US rises from $5K to $17K in 2023
It now costs Bitcoin (BTC) miners at least $17,000 to produce one BTC in the U.S. versus the $5,000-10,000 range a year ago, according to...
Just Bitcoin or diversify? 5 cryptocurrencies to watch in the next few days
Risky assets marginally extend their up-move in April. The S&P 500 Index rose around 1.5% in April while Bitcoin (BTC) is on track to...
Robert Kiyosaki Says Regional Banks Are Being Wiped Out — Calls Fed ‘Criminal’
Rich Dad Poor Dad author Robert Kiyosaki says the Fed is wiping out regional banks by supporting only big banks, like JPMorgan Chase....
Russian Official Expects Agreement on BRICS Currency This Year
The chairman of the State Duma Committee on the Financial Market says that an agreement on the BRICS currency can be reached in 2023 as...
Meme Coin PEPE Surges by 152% This Week, Now the Fifth-Largest Meme Token by Market Cap
Pepe (PEPE), the meme coin featuring the popular character Pepe the Frog, has experienced a significant surge in value in the past week,...
Shiba Inu (SHIB) and Aptos (APT) price outlook as Bitcoin (BTC) tests resistance near $30k
Bitcoin’s dip below $30,000 and subsequent retest of resistance above$29k highlights the past week’s top coins outlook. Shiba...
Litecoin price prediction: can bulls pick up new momentum for LTC?
Litecoin price traded above $90 on Sunday, with LTC hitting intraday highs of $91.60. While price has rejected twice above $100, the area...