Day: August 3, 2023

Bitcoin outside exchanges hits new ATH, price still down

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Share Share on Twitter Share on LinkedIn Share on Telegram Copy Link Link copied The Bitcoin (BTC) price has been consolidating between $29,000 and $29,600 over the past day. The amount of BTC outside exchanges has reached a new all-time high (ATH). According to data from Santiment, Bitcoin supply on self-custodial wallets has reached 18.39 BTC, marking a new ATH. Per the market intelligence platform, this amount has been constantly rising since December 2018 with a few declines in October 2019 and February 2021. BTC price, weekly volatility and supply…

Tel Aviv Stock Exchange to offer crypto services via Fireblocks pact

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Israel is set to introduce more regulated cryptocurrency opportunities, with the country’s only public stock exchange preparing to offer new crypto services. Tel Aviv Stock Exchange (TASE) has signed an agreement with the digital asset platform Fireblocks to jointly offer a range of new digital asset products and services. Announcing the news on Aug. 1, TASE noted that the new partnership will enable the stock exchange to provide institutional-grade digital asset solutions for regulated entities. The collaboration is designed to combine TASE’s experience and presence in the Israeli market with…

Shiba Inu Will Tie Digital Identity to All Applications in a Bid to Move Away From Meme Coin Status

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Artificial Intelligence Investment Could Reach $200B Globally by 2025: Goldman Sachs

“Despite this extremely fast growth, the near-term GDP impact is likely to be fairly modest given that AI-related investment currently accounts for a very low share of U.S. and global GDP,” the analysts wrote, adding that while investment so far has been focused on model development, a “substantially larger hardware and software push will be required for generative AI to scale.” Source

Namibia Sets the Stage for National Crypto Strategy With Virtual Assets Act

Under the new law, the chosen crypto regulator will have powers to license virtual asset service providers and make new rules. However, the bill “doesn’t give obligations to the regulatory authority, the structure, the level of expertise that it needs to have, it’s still very open,” Vivo said, explaining some areas that could be addressed in future legislative efforts. Source

Here’s Where The Price Of LUNC Will Land This August, According To This Algorithm

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LUNC’s community has worked continually towards reviving the ecosystem’s native LUNC token. However, recent data from this artificial intelligence (AI) algorithm suggests these efforts might not be enough. LUNC’s Price Prediction PricePredictions, a state-of-the-art crypto analysis and forecasting platform, has projected Terra Classic (LUNC) to trade at around $0.000076 by the end of this month. PricePredictions combines indicators like average true range (ATR), relative strength index (RSI), and moving average convergence divergence (MACD) to make such forecasts.  Suppose this projection is anything to go by, it means LUNC will experience…

A Blessing For Bitcoin, Crypto Markets?

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The looming prospect of a U.S. Department of Justice (DOJ) action against Binance, the largest crypto exchange, may hold a silver lining for Bitcoin and the broader markets. Even if this sounds crazy at first, there are good arguments for it. Rumors have been swirling for weeks about a potential DOJ action against Binance, a threat that has cast a long shadow over the markets, leading to increased volatility and uncertainty among investors. Yesterday’s report by Semafor has rekindled the rumor, but also gave it a new perspective, hinting that…

BlackBerry reveals top crypto-focused malware amid rising cyber threats

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In the process of stopping over 1.5 million cyberattacks between March and May, the cybersecurity arm of the former smartphone goliath BlackBerry identified malware families that actively try to hijack computers to mine or steal cryptocurrencies. The three industries most affected by cyberattacks are finance, healthcare and government, according to the BlackBerry report. A commodity malware named RedLine is one of the long-standing financial threats tasked with harvesting cryptocurrency and banking information. The three industries with the highest distribution of stopped cyberattacks and stopped unique/different samples during the period. Source:…

BlackBerry reveals top crypto-focused malware amid rising cyberthreats

In the process of stopping over 1.5 million cyberattacks between March to May, the cybersecurity arm of the defunct smartphone goliath BlackBerry identified malware families that actively try to hijack computers to mine or steal cryptocurrencies. The three industries most affected by cyberattacks are finance, healthcare and government, according to the BlackBerry report. A commodity malware named RedLine is one of the long-standing financial threats — tasked with harvesting information including cryptocurrency and banking information. The three industries with the highest distribution of stopped cyberattacks and stopped unique/different samples during…