Ether (ETH) price faced resistance after hitting the $1,970 level on July 3. A number of factors capped the rally, including higher odds of more interest rate hikes in the coming months and a tighter regulatory cryptocurrency environment. Macro headwinds from the Fed Besides the external factors, the Ethereum network has faced withdrawals from its
Blockchain
“Any kid who doesn’t learn something about Bitcoin is missing out,” says Bitcoin advocate Ben De Waal. De Waal explains that his 12-year-old daughter Samantha has already convinced “a couple” of her schoolmates and a teacher to hop on the Bitcoin bandwagon, though she’s not attempting to “orange pill the entire school”… yet. Ben De
Cointelegraph is launching Zero Barriers, a special six-part podcast series in collaboration with StarkWare. The series, which features as part of the Decentralize with Cointelegraph podcast, will explore the evolving world of zero-knowledge rollups (ZK-rollups) and the next steps for the adoption of blockchain technology. Throughout the series, three different hosts from the Cointelegraph team
Singapore’s central bank is introducing new measures to improve investor protection and market integrity in the cryptocurrency industry. On July 3, the Monetary Authority of Singapore (MAS) announced new requirements for crypto service providers to hold customer assets into a statutory trust by year-end. “This will mitigate the risk of loss or misuse of customers’
Binance, the world’s largest crypto exchange, has burned 2.65 billion Terra Classic (LUNC) tokens in its 11th burn round. The total LUNC tokens burned by Binance now exceed 35.5 billion, with the community’s burn surpassing 68 billion. Traders have reacted positively to the burn, with LUNC seeing a 3% price increase. Based on a transaction
The area of machine learning, which is quickly expanding, uses statistical methods and data analysis to teach computers how to learn and make predictions or judgements without being explicitly programmed. There is a rising need for employees with entry-level expertise in machine learning as businesses and industries increasingly understand its usefulness. Here are five entry-level positions in
An open letter to lawmakers in the European Union was issued by more than 160 executives from tech companies around the world urging careful consideration of artificial intelligence (AI) regulations not to stunt the industry or markets. On June 30, executives from companies such as Renault, Meta, Spanish telecom company Cellnex and German investment bank
Canadian lawmakers in the House of Commons have shown their support for blockchain technology and cryptocurrencies in a report released by the Standing Committee on Industry and Technology (INDU). The report, which consists of 16 separate proposals, highlights the advantages and potential of blockchain technology in various sectors. As a result of the INDU’s deliberations,
According to new research, fewer cybercriminals are turning to Bitcoin as their primary method of moving illicit funds, with bad actors opting to go back to fiat channels or choosing other cryptocurrencies. Digital asset compliance and risk management firm TRM Labs revealed that illicit finance volumes involving Bitcoin (BTC) had fallen significantly over the past
ARK Investment Management, a pro-Bitcoin (BTC) firm founded by veteran investor Cathie Wood, is reportedly ahead in the race for a spot BTC exchange-traded fund. In mid-June, the investment firm BlackRock filed an application for a spot Bitcoin ETF, triggering notable optimism on cryptocurrency markets. A number of reports suggested that BlackRock could become the
Crypto exchange Bybit has announced a license approval to operate as an exchange and custody service in Cyprus. The world’s third most visited crypto exchange will begin offering to trade between crypto and fiat currency pairs and crypto-related financial services. Cyprus is the third most populous island in the Mediterranean Sea with a population of
After a joint governance proposal on liquid staking derivatives in Terra Luna Classic (LUNC), a new proposal has emerged for the next quarter, suggesting the formation of a dedicated team consisting of six senior full-stack engineers. The Terra Allies senior engineering full stack team, known as the Six Samurai, has presented their Q3 spend proposal,
The Shiba Inu (SHIB) burn tracker Twitter account, Shibburn, which is well-engaged with the crypto community, has been unexpectedly suspended. This suspension has garnered attention because the account holders had reached out to influential individuals like Elon Musk and Twitter’s new CEO, Linda Yaccarino, in their plea for assistance and a resolution. The Shibburn account
Since its inception in 2016, Casa promoted multi-signature self-custody of BTC in the industry with its flagship Bitcoin vault allowing users to store the cryptocurrency using up to five keys for more distributed security. Casa’s service originally catered to Bitcoin ‘whales’ that were willing to spend $10,000 a year on custody, before opening its service
The Netherlands has welcomed a new equities exchange-traded (ETF) fund that will give investors exposure to a basket of Bitcoin-related company stocks. French investment firm Melanion Capital’s Bitcoin Equities ETF began trading on the Euronext Amsterdam Stock Exchange on June 22, introducing an equities-based approach to investing in the Bitcoin ecosystem. BTC NA is designed
Bitcoin (BTC) hit $29,000 on June 21 as largescale buying fueled a fresh sentiment boost. BTC/USD 1-hour chart. Source: TradingView Analyst: $29,000 becoming fakeout “very unlikely” Data from Cointelegraph Markets Pro and TradingView showed BTC/USD reaching $29,014 on Bitstamp — its highest since May 7. The pair enjoyed continued buyer interest overnight, this coming on
Ever since the Ethereum Name Service (ENS) was launched in 2017, Web3 users have been able to replace the long strings of characters that make up a crypto address with a more easily memorized blockchain username or Web3 domain name. For example, Ethereum (ETH) users can now send crypto to the network’s founder, Vitalik Buterin,
The bears lost an opportunity when they failed to sustain Bitcoin (BTC) below the $25,000 level this week. That may have attracted buying from the bulls who are attempting to start a recovery in Bitcoin and select altcoins. Additionally, BlackRock’s application to launch a Bitcoin spot price exchange-traded fund and the sustained strength in the
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