Ethereum has matured as an asset and a building platform, especially for smart contracts and decentralized applications (dApps). Its emergence as a Bitcoin competitor forever changed the crypto landscape, paving the way for many ecosystems supported by the protocol. However, it soon became apparent newer Ethereum competitors offered faster, cheaper, and less congested networks — […]
AI News: NYC Mayor Backs AI Chatbot Despite Legal Misadvice
New York City Mayor Eric Adams has stood by the city’s newly introduced artificial intelligence chatbot despite it providing business owners with misleading information, some of which could lead to legal violations. Despite being launched as a pilot project in October, the MyCity chatbot was created with the aim of providing business owners with accurate […]
How Is the Crypto Market Doing Today?
After a good month, the crypto market has faced a few setbacks where the majority of cryptocurrencies lost their weeks of gains. As for today, the market seems to be recovering and moving towards new elevations. In this blog, let us discuss what the crypto market is doing today. Crypto Market Performance Today The global […]
Fed Swaps Push Rate Cuts to September; Crypto Market Saw $300M Liquidation
The stronger-than-expected jobs report released by the U.S. Bureau of Labor Statistics raised concerns among stock and crypto market investors. Fed swap now indicates rate cuts in June and July are off the table and the U.S. Federal Reserve can start rate cuts in September. CoinGape earlier reported the same timeline. Fed Rate Cuts in […]
Zimbabwe Replaces Local Dollar with Gold-Backed ZiG
Zimbabwe has replaced its faltering local dollar with a new gold-backed currency, named the Zimbabwe Gold (ZiG). This move, instigated by the administration of the President Emmerson Mnangagwa, indicates a major change in the nation’s monetary policy. ZIMBABWE’S MUCH ANTICIPATED NEW GOLD-BACKED ‘STRUCTURED CURRENCY’, THE ZiG, LAUNCHED The Reserve Bank of Zimbabwe [RBZ] today launched […]
Crypto Prices Today April 6: Bitcoin At $67K, ETH Above $3300, ADA & XRP Gain
The top crypto prices today didn’t witness much change as the Bitcoin (BTC) price sustained above the $67,000 level. In addition, the Ethereum price soared beyond the $3,300 mark. Meanwhile, other top altcoins, such as XRP and Cardano (ADA), Solana (SOL) dropped in value. Major Crypto Prices Today The Bitcoin price was up by 0.20% […]
Costa Rica Resumes Debate On Allowing Bitcoin As Money For Daily Use
Costa Rica has reignited discussions regarding the legalization of Bitcoin (BTC) and other digital assets for daily transactions. This move comes amidst a global trend towards embracing cryptocurrencies. Moreover, Costa Rica is poised to potentially join the ranks of nations embracing the digital currency revolution. Costa Rica Contemplates On Embracing Bitcoin JAN3, a Bitcoin technology […]
Here’s Why Cardano Price Is at Risk of 18% Fall Ahead
ADA, the native cryptocurrency of the Cardano ecosystem recently reverted from the $0.68 level amid the broader market correction. This lower high formation in the daily chart indicates the traders are selling on a bullish bounce which tumbled the ADA value 17.8% within a fortnight. Moreover, the declining price now challenges the key support of […]
Crypto Groups File Amicus Briefs in Support of Tornado Cash Developer
Several pro-crypto organizations have come forward in support of Roman Storm, a developer of the Ethereum privacy protocol Tornado Cash. Storm, arrested in August, faces charges related to his involvement with the platform. Last week, he sought to dismiss the charges, arguing against the government’s portrayal of Tornado Cash and blockchain technology. Roman Semenov, another […]
Bitcoin (BTC) Price Stabilizes Before March CPI Data and FOMC Meet, What’s Next?
The Bitcoin price has been flirting around the $69,500 level recently as it awaits key economic data ahead of this week. Furthermore, starting today, the Bitcoin ETN products will be available on the London Stock Exchange for trading. Key Macro Data Release This Week This week, investors are bracing for a slew of macroeconomic events […]