Former Chief Technology Officer at Coinbase, Balaji Srinivasan, closed out early a bet that the price of bitcoin would hit $1 million by mid-June amid hyperinflation of the U.S. dollar. Srinivasan paid a total of $1.5 million, more than the initially committed $1 million, with two-thirds of the money donated to two organizations. Former Coinbase […]
Cambridge AltFin Study Shows Ethereum Significantly Reduces Energy Usage
The study shows a 99.9% reduction in energy consumption since Ethereum switched to PoS. Ethereum’s annual energy consumption is now only enough to power The University of Cambridge for 16 days. Ethereum’s transition from Proof-of-Work (PoW) to Proof-of-Stake (PoS) has proven to be a resounding success, with a Cambridge Alt Fin study showing a 99.9% […]
Bitcoin Price Analysis & Prediction (May 3rd) – BTC Loses $28k in the Middle of The Storm, Where is it Heading Next?
In the middle of the storm, Bitcoin dropped below $28k in the past hour, looking for support to hold pressure. It may suffer more losses in the hands of the bears. But if solid support is located, a major recovery will start in no time. Bitcoin retested the $30k level as resistance in the past […]
Crypto Con-Artist Traps: Beware the Shark of Wall Street and Hedge4.ai
Cryptocurrency has disrupted numerous industries and continues to revolutionize the way people think of money and trading. Yet, just as with traditional investments, crypto also comes with its fair share of scams and con artists. One such example is Horatiu Charlie Caragaceanu and his organizations, The Shark of Wall Street and Hedge4.ai, who have recently […]
How ChatGPT-Inspired Technology is Revolutionizing Mind-Reading AI
The world of artificial intelligence is growing rapidly, with chatbots like ChatGPT, new Bing, and Google’s Bard becoming increasingly popular. AI is not a new concept, but today people are more aware and intrigued by its possibilities. We are standing at the edge of a technological revolution, with AI offering a range of opportunities for […]
CEX trading volumes decline in April after months of growth: Kaiko
After three months of consecutive growth, centralized exchange trading volumes fell to their lowest this year in April.
Whales Flock To The Yachtify (YCHT) Presale While Axie Infinity (AXS) Goes Under Bear Control
The post Whales Flock To The Yachtify (YCHT) Presale While Axie Infinity (AXS) Goes Under Bear Control appeared first on Coinpedia Fintech News With Axie Infinity (AXS) slowly losing investor interest as the metaverse currently leaves a lot to be desired, more investors and whales are fixated on Yachtify – a crypto newcomer presently in […]
EOS Price Analysis: Signs of Recovery Above $1.05
EOS price is trading in a bearish zone above the $0.98 support against the US Dollar. The price is now trading below $1.05 and the 55 simple moving average (4 hours). There was a break above a major bearish trend line with resistance near $1.015 on the 4-hour chart of the EOS/USD pair (data feed […]
Papers associated with Bitcoin and related topics in law: Part VII
Decentralization has conflicting meanings, and for blockchain to become part of existing accounting and reporting systems, it must shed this deceptive terminology and embrace regulation. […] Read More… The post Papers associated with Bitcoin and related topics in law: Part VII appeared first on CoinGeek.
US regional bank shares sink despite Fed calling banking system ‘sound’
PacWest Bancorp was the hardest hit bank after-hours on Wednesday, falling over 50% following a reported plan to explore strategic options.