Bitcoin Price Barely Above 2017 All-Time High After Six Years, Inflation Adjusted

Bitcoin (BTC) is still worth $20,000 nearly six years after first reaching it — if adjusted for inflation. According to data from sources including U.S. Inflation Calculator, BTC price performance has de facto stayed static since 2017. This means that the current Bitcoin spot price — $26,050 — reflects six years of practically static BTC […]

Mastercard Ends Crypto Card Partnership with Binance Amid Regulatory Issues

Mastercard and Binance have announced that they will be ending their four crypto card programmes in Argentina, Brazil, and Colombia starting September 22nd. The prepaid crypto card allowed users to make payments in local fiat currencies, funded by their crypto holdings on the exchange. The decision to end the program is not impacting any of […]

Crypto Market Update: Ocean Protocol Could Double, CyberConnect Faces 5% Drop, Steem Price Predicted to Drop

Ocean Protocol (OCEAN) could double in price in the coming quarter, according to a bull flag setup. CyberConnect (CYBER) is exhibiting bearish cues and could drop 5% in the near future. Steem (STEEM) trading volumes have surged, but the prognosis is bearish and could drop 5% in the coming session.Ocean Protocol’s token traded at $0.3 […]

Airwallex Partners with YEEID and American Express to Expand Fintech and Payments Ecosystem

Airwallex, a Ripple collaborator, has made a groundbreaking expansion into the fintech and payments ecosystem with a partnership with YEEID. As part of the plans to continue expanding, it recently announced another partnership with American Express. YEEId has sought to enable businesses of all sizes to incorporate its payment acceptance technology. The company was co-founded […]

Turkey’s Central Bank Raises Key Interest Rate to 25%, Strengthening Lira

Turkey’s Central Bank has increased its key interest rate to 25%, more than the 20% that economists expected. Following the news, the Turkish Lira has gained slightly against the Dollar and the Euro.The aggressive move comes as a shock to observers, as the previous primary policy rate stood at 17.5%. The hike indicates that Turkey […]

Meta AI Launches Code Llama: A Free AI Coding Tool for Blockchain and Crypto Projects

Meta AI has recently launched Code Llama, an artificial intelligence coding tool built on the Llama2 large language model (LLM). The tool is split into several variants, with one model fine-tuned for general coding in a number of languages, and two other models fine-tuned for Python applications and code generation respectively. The models are also […]

SIM Swap Attacks Cause Alarming Crypto Losses

SIM swap attacks have become a major concern in the cryptocurrency landscape, causing losses that have surpassed an alarming rate in the last few months. These attacks specifically target individuals believed to have significant cryptocurrency holdings, and have led to a theft of $72 million in 2022. In May 2023, Blockchain Capital’s Founder, Bart Stephens, […]

Bitcoin Halving: Miners Can Hedge Risk with Hash Rate Derivatives, Says Luxor’s Dan Rosen

On the latest episode of Cointelegraph’s Market Talks, host Ray Salmond spoke with Dan Rosen, associate director of derivatives at Luxor, a United States-based Bitcoin mining pool, research hub and service provider. The show discussed the upcoming Bitcoin halving and its potential impact on BTC price, Bitcoin’s volatility, and miners’ ability to hedge their operations […]

Chainlink Price Drops 4% Amid Crypto Market Correction

Chainlink (LINK) price has dropped 4% on Aug 24, following a broader crypto market correction. The drop appears to be influenced by macroeconomic catalysts, such as Jerome Powell’s economic outlook at the annual Jackson Hole symposium and the Federal Reserve Bank of Boston President Susan Collins’s signal of more rate hikes.From a fractal standpoint, Chainlink’s […]

Binance Labs Invests in DeFi Protocol Pendle Finance to Drive Next-Gen DeFi Movement

Binance Labs, the venture capital arm and incubation subsidiary of crypto exchange Binance, has announced its investment into leading DeFi protocol Pendle Finance. The investment is part of Binance Labs’ commitment to supporting the next-gen DeFi projects.Pendle Finance is a decentralized yield trading protocol that provides users with the opportunity to generate substantial yields on […]