Cryptocurrencies increase the financial risks of emerging economies, according to a new report published by the global central bank umbrella organization known as the Bank for International Settlements (BIS). The report says that cryptocurrencies cannot solve developing countries’ financial challenges, despite some arguing that digital assets can address such problems as high-fee payment transactions and […]

Sell pressure lowered the level of profitability. According to Glassnode data, the percentage of Bitcoin addresses in profit is now at $61.47%.

The popular image generator is adding a feature that many AI art enthusiasts have asked for since day one.

With the NFT market slowing down, Cardano NFTs have surpassed Ethereum, signaling a major shift in the industry. Continue reading at DailyCoin.

The government of Cheongju City, located in the central region of South Korea, is looking to confiscate virtual assets such as Bitcoin from tax evaders. According to a local media report on August 22, the city authorities sought cooperation from seven crypto exchanges, including Upbit and Bithumb, to punish these delinquents. These exchanges have been […]

While 51% of US executives are enthusiastic about AI, only 4% plan to reassess roles and reduce headcount.

Amidst all the twists and turns in Ripple’s legal battle with the U.S. Securities and Exchange (SEC), the XRP price recently plunged to where it was before the landmark ruling by Analisa Torres in July 2023. CryptoLaw founder John Deaton, who is an XRP holders’ attorney, wondered whether XRP would have been in a much […]

The Avalanche token (AVAX), like most other altcoins, felt the bearish impact of the general market downturn, which resulted in a billion-dollar liquidation in the crypto market. Historical price data, however, shows that AVAX has been experiencing selling pressure long before this recent market crash. As expected, the struggling price of the Avalanche token has […]

Quick Take Recent data analysis reveals an all-time high in Bitcoin’s long-term holder supply, defined as Bitcoin held for more than 155 days, reaching 14.654 million. Conversely, the short-term holder supply, considering Bitcoin holdings of less than 155 days, has plummeted to an all-time low of 2.561 million if we exclude the year 2011. This […]

Involvement in facilitating cryptocurrency mining operations has led to a life imprisonment sentence for Yi Xiao, a former member of the Chinese Communist Party (CCP), as decreed by a Chinese court in response to corruption charges. Yi Xiao, who previously held the position of vice chairman within the Jiangxi provincial committee of the People’s Political […]