Bitcoin’s recent rally has led to critical moments where the cryptocurrency’s spot price interacted with the short-term holders’ (STHs) realized price. The realized price indicates the average cost basis at which Bitcoin investors acquired their coins. If the spot price trades above this indicator, holders are currently in a state of profit. Conversely, trading below
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The Bank for International Settlements (BIS) and central banks within the Eurosystem have joined forces to launch an innovative project called Project Atlas. This proof of concept aims to delve into the economic impact of crypto assets and decentralized finance (DeFi). Through a collaborative effort between the BIS Innovation Hub Eurosystem Centre, De Nederlandsche Bank,
The integration of artificial intelligence (AI) technologies into blockchain-based solutions has propelled the AI crypto market to an impressive valuation of nearly $4.6 billion according to CoinMarketCap data. This article examines the transformative potential of AI in the crypto market and explores the recent success of Launchpad XYZ, an AI crypto project that has raised
The gaming industry has seen a remarkable transformation in recent years, with the rise of blockchain technology and decentralized finance (DeFi). Metacade, a community-led gaming platform, has announced its strategic collaboration with Polygon Labs, a leading Ethereum-scaling solutions provider. This partnership aims to revolutionize the industry by boosting user acquisition, supporting game development, and accelerating
The Open Network (TON), a decentralized blockchain platform initially designed by Telegram, has recently secured significant funding from MEXC Ventures, the venture arm of the cryptocurrency exchange MEXC. With this partnership, TON aims to promote global accessibility to Web3 by lowering barriers to entry. This collaboration between MEXC Ventures and the TON Foundation brings forth
Milady Maker, an NFT project that gained attention for its unique and stylized artwork, finds itself embroiled in a series of controversies that cast doubt on its future. Launched in 2021 by Charlotte Fang, whose true identity was recently revealed as Krishna Okhandiar, Milady Maker initially gained traction with its 10,000 “neochibi” style profile NFTs.
The most recent Digital Asset Fund Flows Weekly Report by CoinShares, a prominent European digital assets management firm, provides valuable insights into the current state of cryptocurrency investments. According to the report, cryptocurrency assets saw inflows for the first time in six weeks, from September 22 to 28. This development points to a potential shift
The popular cryptocurrency analyst known as Dark Defender suggests that Ripple’s native token, XRP, may have the potential to surpass some crucial levels in the near future. The analyst highlights that XRP closed the previous month with a positive indicator known as a “doji,” which could lead to a re-test towards $0.66 in the coming
In the upcoming trial of Sam Bankman-Fried, the former CEO of the now defunct crypto exchange FTX, the jury selection process is said to be a swift one, as emphasized by Coinbase’s Chief Legal Officer (CLO) Paul Grewal. This article delves into the dynamics of the jury selection, highlighting key insights from Grewal and providing
India is making significant efforts to establish itself as a dominant player in global cryptocurrency regulation. To strengthen the detection of cryptocurrency-related crimes, the country is reportedly developing a comprehensive global database that includes all crypto exchanges, including those on the dark web. This initiative is set to launch by March 2024, aligning with the
