Traders, however, should note that previous halvings did not necessarily catalyze bull runs single-handedly. Macro likely also played a significant role, mainly in the form of abundant fiat liquidity conditions, according to data tracked by MacroMicro. Original
The price trajectory of Dogecoin has been significantly influenced by Elon Muskโs tweets about the meme coin in recent weeks and months. Notably, Dogecoin ascended past the $0.1589 mark in November 2022, following Muskโs acquisition of Twitter. Since then, however, DOGE has been on a pronounced downtrend. The anticipation of Musk introducing Dogecoin as a payment method on Twitter remains palpable within the DOGE community. However, outside this sentiment is not shared, underscored by the stark decline in DOGE trading volume, suggesting a diminished presence of speculators and traders. If…
Ripple, a prominent player in the blockchain and crypto sector, has announced the expansion of its University Blockchain and Research Initiative (UBRI) in Europe. The initiative, recognized globally for its contributions to academic blockchain and crypto research, aims to nurture the upcoming generation of leaders in this domain. UBRI has incorporated four new European universities into its program. These include Trinity College Dublin (Ireland), EPITA (France), IE University (Spain), and University of Trento (Italy). These institutions are set to bolster blockchain education and research throughout Europe. Since its establishment in…
Moheeth Alvi, group product manager at Coinbase Advanced, joins Cointelegraphโs Hashing It Out podcast with host Elisha Owusu Akyaw for an in-depth discussion about pro traders in the cryptocurrency space.ย The podcast starts by highlighting Coinbaseโs eventful year so far, from new products to the launch of its layer-2 network Base and the โOnchain Summerโ campaign that followed. Alvi says the team believes this is the best time to build, and the company is focused on figuring out how to bring the next billion users to crypto. He also explains…
Bitcoin (BTC) extended volatility into the Sept. 8 Wall Street open as a classic โshort squeezeโ sparked new September highs. BTC/USD 1-hour chart. Source: TradingView Bitcoin offers a round trip to $24,400 Data from Cointelegraph Markets Pro and TradingView showed BTC price movements liquidating shorts and longs alike. Bitcoin had seen upside momentum the day prior, culminating in a trip above $26,400 after the daily close. A subsequent comedown nonetheless took BTC/USD full circle, and the pair was back under the $26,000 mark at the time of writing. Welp —…
The popular artificial intelligence (AI) chatbot, ChatGPT, has seen a decrease in user traffic worldwide for the third consecutive month this August, according to data from analytics company Simliarweb.ย In August, desktop and mobile site traffic to OpenAIโs popular chatbot from visitors worldwide decreased by 3.2% to 1.43 billion. This follows a 10% drop in traffic the two months prior. In addition, the amount of time spent on the site also dropped, though slightly, from 8.7 minutes to 7 in August. However, visits stemming from United States-based users began to…
Bitcoin showed some signs of stirring from its September stupor late on Thursday, rising around 3% to $26,400, before dropping back below $26,000 during the European morning. The CoinDesk Market Index (CMI) also hit its highest point this month, rising over 2% before retreating. Bitcoin has mostly languished below $26,000 this month as traders awaited clarity around the big regulatory hotspots, such as the SECโs decision on the listing of a spot bitcoin ETF in the U.S. September is a difficult month for bitcoin, which has posted negative returns every…
The partnership also includes an integration of Circleโs Cross-Chain Transfer Protocol (CCTP) with the OKX DEX aggregator to enable USDC cross-chain swaps across Ethereum, Avalanche, Arbitrum and the OP Mainnet ecosystems Global crypto exchange OKX and stablecoin issuer Circle have partnered to bring USDCย features to the OKX Wallet and OKX DEX aggregator. This is according to a September joint announcement by the companies. Strap in for a next-gen USDC experience with #OKXWallet and @Circle! ๐ Enjoy zero-fee USDC transactions until October 5th. Users can also seamlessly transfer $USDC between…
As AI continues to permeate various sectors, Arm Holdings stands to benefit significantly from this technological wave. Arm Holdings plc, a renowned chip designer backed by SoftBank Group Corp (TYO: 9984) recently revealed its ambitious revenue growth projections ahead of its Initial Public Offering (IPO) plans. Arm Holdings Shares Its Vision for Growth The company expects to achieve an impressive 11% increase in revenue for the current fiscal year. Looking further ahead, Arm Holdings envisions even more substantial growth, with revenue projected to surge in the mid-20% range in fiscal…
The United States Commodity Futures Trading Commission (CFTC) has issued orders against three defi protocols for failing to register derivative trading offerings. The regulatory body has acted against the three decentralized finance (defi) protocols: Opyn, ZeroEx, and Deridex. The regulator claims they failed to register derivatives trading offerings. The CTFC ordered that the companies pay fines of $250,000, $200,000, and $100,000, respectively. The entities reportedly failed to comply with the customerโs regulations and provisions established in the Bank Secrecy Act. The defi protocols were also charged with illegally offering leveraged…