Supply of bitcoin, the largest cryptocurrency by market cap, dropped 4%, nearing the level of December 2022, itself the lowest since November 2020 – and right before the start of the 2021 bull market, the report said. Ether supply slid 5.8% to levels not seen since May 2018. Source
The Bitcoin (BTC) futures’ premium has reached its highest level in 18 months on July 4. But traders are now questioning whether the derivatives metrics indicate “excessive excitement” or a “return to the mean” after a prolonged bear market. BTC price gains capped by regulators, macroeconomics Bitcoin’s price has been trading in a narrow 4.4% range since June 22, oscillating between $29,900 and $31,160 as measured by its daily closing prices. The lack of a clear trend might be uncomfortable to some, but that is a reflection of the opposing drivers…
Businesses across industries rely on competent developers to construct and maintain their technology infrastructure in today’s fast-paced digital landscape. However, finding and recruiting the best developers can be difficult. The role of talent marketplaces is to provide platforms that link companies with a pool of qualified developers. This article will look at five well-known talent marketplaces that offer a way to find and employ top tech expertise for your development projects. Every marketplace has special benefits and features that enable companies to discover the ideal programmers to realize their ideas.…
Google has made updates to its privacy policy which now allows it to take any publicly available data and use it for artificial intelligence (AI) training purposes. The update to the company’s privacy policy came on July 1 and can be compared to previous versions of the policy via a link published on the site’s update page. In the latest version, changes can be seen that include the addition of Google’s AI models, Bard and Cloud AI capabilities to the services it may train by using “information that’s publicly available…
Share Share on Twitter Share on LinkedIn Share on Telegram Copy Link Link copied BlackRock has submitted a new application for a bitcoin spot market ETF after the SEC identified flaws in its initial filing. If approved, this would mark the first bitcoin spot ETF to receive regulatory clearance. In a new filing submitted through Nasdaq, the asset management firm revealed plans to address one of the main objections raised by the Securities and Exchange Commission (SEC) by finalizing a surveillance agreement with Coinbase, the leading US-based crypto exchange. The…
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 will be joined by different guests from the StarkWare ecosystem. Zero-knowledge protocols or rollups have become a prominent layer-2 scaling feature in the crypto ecosystem, especially for the Ethereum blockchain. In the first episode, titled:…
Swiss investment bank Credit Suisse and the Swiss Football Association (SFA) have collaborated on an NFT collection to support women’s football, featuring 756 digital art portraits of Swiss national team players. In an official press release, the collaboration announced the release of a series of digital portraits showcasing the Swiss Women’s National Team members. All proceeds from the NFT collection will be donated to the team and various organizations dedicated to empowering female football players. The NFT collection, consisting of 756 unique digital assets, will be minted on the Ethereum…
With the Bitcoin (BTC) halving event less than a year away, several financial giants have filed applications for a spot Bitcoin exchange-traded fund (ETF) — a scenario last seen before the 2020 to 2021 bull run. Institutional interest in the sector dried up after major crypto giants such as FTX collapsed amid a prolonged crypto winter in 2022. Bitcoin and many other cryptocurrencies traded largely sideways as several crypto exchanges fell under regulatory scrutiny. However, on news that major financial institutions such as BlackRock, Fidelity, Valkyrie and others were filing…
Initial coin offerings (ICOs) may have hampered the development of the Bitcoin ecosystem, with market research reflecting a massive slant towards non-Bitcoin investments by venture capitalists over the past five years. Blockstream CEO Adam Back highlighted the juxtaposition between the lack of venture investment in Bitcoin in comparison to its dominance of the total cryptocurrency market capitalization in conversation with Cointelegraph’s Joseph Hall at the Lugano Plan B Summer School in Lugano, Switzerland. Adam Back alongside Cointelegraph’s Joseph Hall in Switzerland. Back, the inventor of Hashcash upon which Bitcoin’s proof-of-work…
Pepe (PEPE) recently clinched a 2-month high following an impressive momentum that picked up two days ago. Amid this bullish run, market participants have leveraged the asset’s recent rally to rake in profits. As the buzz surrounding meme coins declined from late May to early June, PEPE dropped below the $0.000001 psychological support level on June 10 following a discouraging 17.5% intraday loss. The broader market-wide drop that saw BTC plummet below $25,000 contributed to this decline in PEPE’s price. After the drop, PEPE consolidated below $0.000001 until June 17,…