Bitcoin’s (BTC) price action is the talk of the town this week and based on the current sentiment expressed by market participants on social media, one could almost assume that the long-awaited bull market has started. As Bitcoin’s price rallied by 16.1% between Oct. 22 and Oct. 24, bearish traders …
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Ether (ETH) price experienced a 7% decline between Oct. 6 and Oct. 12, hitting a seven-month low at $1,520. Although there was a slight rebound to $1,550 on Oct. 13, it appears that investor confidence and interest in Ethereum are waning, as indicated by multiple metrics. Some may argue that …
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Bitcoin (BTC) faced a 4.9% correction in the four days following the failure to break the $28,000 resistance on Oct. 8, and derivatives metrics show fear is dominating sentiment in the market, but will it be enough to shake Bitcoin price from its current range? Looking at the bigger picture, …
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In a rapidly changing blockchain and cryptocurrency landscape, staying informed is crucial. Cointelegraph has launched its new Research Terminal — an all-in-one destination for comprehensive crypto insights, detailed reports and extensive data. The revamped terminal offers an improved user experience with a user-friendly interface, making it effortless to explore our …
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Gary Wang, the enigmatic co-founder and chief technology officer of the defunct cryptocurrency exchange FTX, provided an incriminating testimony during the ongoing criminal trial of Sam Bankman-Fried, marking the trial’s third day. Wang revealed in a shocking new statement that FTX’s purported $100 million insurance fund for 2021 was a fabrication …
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A trio of scientists from the University of North Carolina, Chapel Hill recently published preprint artificial intelligence (AI) research showcasing how difficult it is to remove sensitive data from large language models (LLMs) such as OpenAI’s ChatGPT and Google’s Bard. According to the researchers’ paper, the task of “deleting” information …
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The US Census Bureau reported that Durable Goods Orders in August improved by 0.2% month-on-month (m/m) following a 5.6% decline in the previous reading. The EUR/USD currency pair, one of the important barometers of global economic sentiment, found itself under pressure during the early Asian session earlier today, struggling around …
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A number of cryptocurrency platforms reporting billions in daily trades on CoinMarketCap appear to have been misleading their customers about holding certain crypto licenses, an investigation by Cointelegraph has found. Bitspay, a crypto exchange that reports $1.4 billion daily trades on CoinMarketCap, claimed that it held a licence in and …
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Bitcoin has been trending up since hitting a local low below $25,000 on September 11th. Yesterday’s rally to $27,435 marked a 10% increase from the recent low. As NewsBTC reported, the rally was largely led by the futures market and a massive increase in open interest of over $1 billion, …
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While Bitcoin maintains its stability amid inflationary concerns and economic data releases, other cryptocurrencies face a different fate. In recent months, the world has witnessed a significant degree of financial turbulence as it relates to dwindling crypto prices and concerning Consumer Price Index (CPI) data. One key aspect of this …
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Bitcoin (BTC) experienced a 5% increase after testing the $25,000 support level on Sept. 11. However, this breakout rally doesn’t necessarily indicate a victory for bulls. To put today’s price action in perspective, BTC has witnessed a 15% decline since July. In contrast, the S&P 500 index and gold have …
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Amid the implementation struggles of crypto project Worldcoin in Kenya, Worldcoin CEO Alex Blania has been accused by the Kenyan lawmakers of data fraud saying the project’s arrival to Kenya looks like “a gang of criminals who are coming to harvest data from young people.” Worldcoin Faces Scrutinization From Kenyan …
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