3 reasons why Bitcoin’s price is primed to hold the $30,000 level as support

Bitcoin’s price gave back some of its recent gains this week, but multiple data points suggest that $30,000 should hold as support going forward. Bitcoin (BTC) remained within a narrow 4.3% range for... Read more »

Majority of FSI customers comfortable with crypto, less so AI

A 2023 H1 survey from Salesforce, which covered 6,058 financial service institution (FSI) customers worldwide, offered significant insights into sentiments surrounding artificial intelligence (AI), cryptocurrency, and the digital shift in the financial... Read more »

George Bachiashvili’s lawyer denies $39M Bitcoin misappropriation charges

The legal team representing the billionaire entrepreneur George Bachiashvili has issued a statement denying the criminal charges filed by the Prosecutor’s Office of Georgia, alleging that the businessman misappropriated Bitcoin (BTC) worth... Read more »

Lightning Labs releases tools letting AI transact and hold Bitcoin

Bitcoin (BTC) Lightning Network development firm Lightning Labs unveiled a new set of tools for artificial intelligence to send and receive BTC on the network’s layer-2 solution. On July 6, Lightning Labs... Read more »

Twitter says Threads stole its IP, sends legal threat to Facebook parent Meta

Twitter has sent a legal warning to its competitor Meta, Semafor said on July 6. Meta — the parent company of Facebook and Instagram — previously launched its Threads app. The product... Read more »

Scientists created a crypto portfolio management AI trained with on-chain data

A pair of researchers from the University of Tsukuba in Japan recently built an AI-powered cryptocurrency portfolio management system that utilizes on-chain data for training, the first of its kind according to... Read more »

Bitcoin miners cash in on June price surge, selling thousands of BTC

Bitcoin (BTC) miners sold a significant amount of their mined Bitcoin in June to fund their operations, according to Glassnode data analyzed by CryptoSlate. According to the chart below, miners’ exchange flow... Read more »

Binance to deactivate some deposit addresses for wallet upgrade

Binance cryptocurrency exchange is preparing for another upgrade of its wallet infrastructure, warning users about the upcoming address migration. On July 6, Binance officially announced that it would retire selected deposit addresses... Read more »

Bitcoin and S&P 500 decouple from net liquidity

The Bitcoin and the S&P 500 Index have historically shown a near-perfect correlation with net liquidity, a key market metric often overlooked in market analysis. However, as of June 2023, this correlation... Read more »

Bitcoin miners raked up $184M in fees in Q2, surpassing all of 2022

Bitcoin (BTC) miners made a lofty $184 million from transaction fees in the second quarter, far more than what they pocketed over the entire 2022 — as Bitcoin’s price surged and BRC-20 tokens... Read more »