“Bitstamp is not for sale, and we are not actively looking to sell the company,” Jean-Baptiste Graftieaux, its CEO, said in a statement to Bloomberg. “Our current and exclusive priority is to raise money through strategic investors to accelerate Bitstamp’s growth by providing new products and services to retail and institutional crypto customers. Source
Bitcoin price is still facing strong resistance near $29,500. BTC is slowly moving higher and might start a steady increase above $29,500. Bitcoin is moving higher toward the $29,500 pivot level. The price is trading above $29,000 and the 100 hourly Simple moving average. There was a break above a key bearish trend line with resistance near $29,080 on the hourly chart of the BTC/USD pair (data feed from Kraken). The pair could start a steady increase if there is a close above the $29,500 resistance zone. Bitcoin Price Eyes…
MOON is an ERC-20 token distributed as a reward for comments or posts in the r/CryptoCurrency subreddit. Users can store coins in Reddit’s Ethereum-based wallet, called Vault. They can freely trade, tip, or spend those in the community for several purposes, including unlocking exclusive features like badges and GIFs in comments and adding weight to poll votes. BRICK serves a similar purpose in the r/Fortnite subreddit. Source
CryptoX – Cryptocurrency Analysis and News Portal These transactions come as outflow from Huobi continues. Data from Nansen.ai shows that in the last week, $92.2 million in Ethereum-based tokens have flowed off the exchange, while $101 million in total across all blockchains has moved during the same time period. Source The post Whale Deposits Nearly $210M Worth of USDT and Ether (ETH) to Huobi appeared first on CryptoX. CryptoX Portal
Less than 16 hours have passed since the launch of PayPal’s new stablecoin (PYUSD), and opportunists, degens and potential scammers are already attempting to cash in on the hype with their own copycat tokens. According to data from decentralized exchange scanner DexScreener, nearly 30 new token pairs sporting the ticker “PYUSD” have cropped up in the 16 hours since the announcement. Today, we’re unveiling a new stablecoin, PayPal USD (PYUSD). It’s designed for payments and is backed by highly liquid and secure assets. Starting today and rolling out in the…
Artificial intelligence firm OpenAI has launched “GPTBot” — its new web crawling tool which it says could potentially be used to improve future ChatGPT models. “Web pages crawled with the GPTBot user agent may potentially be used to improve future models,” OpenAI said in a new blog post, adding it could improve accuracy and expand the capabilities of future iterations. A web crawler, sometimes called a web spider, is a type of bot that indexes the content of websites across the internet. Search engines like Google and Bing use them…
Circle CEO Jeremy Allaire estimates as much as 70% of USD Coin (USDC) adoption comes from countries outside of the United States. On Aug. 8 tweet to his 131,300 followers on X (Twitter), Allaire said the high rate of non-U.S. adoption was “despite the hype that we’re all about the US,” adding: “We estimate that 70% of USDC adoption is non-US, and some of the fastest growing areas are emerging and developing markets.” He added that strong progress was happening across Asia, Latin America (LATAM), and Africa. Despite the hype…
Recent data from CryptoQuant on August 7 shows that few Bitcoin holders are moving coins away from centralized cryptocurrency exchanges like Binance and Coinbase. Despite BTC prices increasing in recent weeks and teetering close to the $30,000 psychological level, this observation is accurate. More Bitcoin Held in Exchanges As of July 28, there were 30,663 addresses withdrawing coins from exchanges though prices were relatively higher, trading around $28,000, up from around $25,000 registered on June 14 when 39,311 addresses moved coins. On April 14, when BTC changed hands at around $30,000,…
Share Share on Twitter Share on LinkedIn Share on Telegram Copy Link Link copied MetaMask is the number one hot wallet on the market, with over 22.66 million app installations and users, according to CoinGecko’s latest report. Crypto hot wallets According to CoinGecko, MetaMask is the most popular “hot wallet for self-custody,” with 22.66 million “installations or users.” These numbers surpass that of the Coinbase Wallet, the second most popular wallet, which had 11 million installs, by over 100%. Top 10 hot crypto wallets | Source: CoinGecko The challenges of…
Video-conferencing platform Zoom has updated its terms of service after widespread backlash over a section concerning AI data scraping, clarifying that it won’t use user content to train AI without consent. In an Aug. 7 post, Zoom said its terms of service were updated to further confirm it would not use chat, audio, or video content from its customers to train AI without their express approval. Over the weekend, a number of Zoom users threatened to stop using the platform after discovering terms that purportedly meant the firm would use…