How will ChatGPT affect the Web3 space? Industry answers

With the many possibilities opened by ChatGPT, executives within the Web3 space predicted how the artificial intelligence (AI) tool developed by OpenAI would make its impact on the industry.  From using the bot for smart contract auditing to enhancing user interactions with AI, various executives gave their thoughts on how the new AI tool will …

What is crypto market capitulation and its significance

Capitulation literally means concede. In the financial sphere, this term reflects a period of aggressive selling when the last of the bulls concede defeat to become bears themselves. What is crypto market capitulation? Suppose a cryptocurrency drops 30% overnight. An investor is left with two options: they can continue to hold or sell to realize …

Elon Musk likely to resign as Twitter poll votes 57.5% in favor of him stepping down, DOGE falls 3%

Bitcoin deep dive: 15M BTC in self-custody as Binance withdrawals peak, derivatives switch to ‘risk-off’ A weekly recap of key Bitcoin metrics affecting its price performance in the market, published every weekend. James Van Straten · 2 days ago Go to Source

Snowden wants Twitter CEO position for compensation in Bitcoin

Edward Snowden offered to take the Twitter CEO position for payment in Bitcoin. On Dec 18, Elon Musk polled Twitter asking if he should step down as Twitter CEO. With an hour left before closing at press time, 57.4% have voted yes, with the remaining 42.6% saying he should stay on. The poll has prompted …

Nigeria set to recognize crypto as an investment class

Nigeria lawmaker Babangida Ibrahim said that the country is set to recognize cryptocurrencies as an investment class in its proposed investments and securities amendment bill, local Punch news reports. The amendment bill passed the second hearing will allow the Nigerian Securities and Exchange Commission (SEC) to recognize cryptocurrency as capital for investment. About a year …

Bitcoin mining difficulty to end year rising by 3%

In 2022, BTC witnessed 26 mining adjustments  –16 of them were positive, while the remaining ten were negative. 2 min read Updated: December 19, 2022 at 9:16 am Cover art/illustration via CryptoSlate Bitcoin mining difficulty is expected to increase by at least 3% on Dec. 19 for the final adjustment of the year, according to …

Web3 Privacy Layer Aztec Raises $100 Million in Series B Funding Round to Produce an Encrypted Version of Ethereum

Aztec, a Web3 privacy layer, has raised $100 million in a Series B funding round led by the Andreessen Horowitz subsidiary a16z crypto. The organization, which already offers privacy-based services for a slew of Ethereum-based apps, will now focus on constructing an encrypted version of Ethereum, allowing individuals and organizations to transact privately. Aztec Raises …

Government Agencies Need Crypto Wallets and Access to Exchanges, Russian Prosecutors Say

Russian authorities are finding it hard to cash out digital assets they have gotten hold of, prosecutors have warned. They have also urged the government to recognize cryptocurrency as property, allow departments to have digital wallets and use crypto exchanges. Prosecutor’s Office Insists Russian Investigators Should Have Cryptocurrency Wallets Russian prosecutors are convinced that investigative …

Here’s What’s Next for Bitcoin and Ethereum in 2023 and 2024, According to Macro Guru Raoul Pal

Real Vision CEO Raoul Pal says that 2024 will be a great year for the top two digital assets by market cap. In a new interview with crypto influencer Scott Melker, the macro guru says that he envisions 2024 to be a strong bullish year for both Bitcoin (BTC) and Ethereum (ETH). According to Pal, …

‘Wave lower’ for all markets? 5 things to know in Bitcoin this week

Bitcoin (BTC) starts the week before Christmas with a whimper as a tight trading range gives BTC bulls little cheer. A weekly close just above $16,700 means BTC/USD remains without major volatility amid a lack of overall market direction. Having seen erratic trading behavior around the latest United States macroeconomic data print, the pair has …

Ethereum bulls wake up after four years to transfer 22,982 ETH

At a time of bear market-induced uncertainty, crypto investors often tend to stick with Bitcoin (BTC) and Ethereum (ETH) to evade impermanent losses. As a result, the significant movement of such assets intrigues the community as they try and decipher the intent behind the move. Two addresses that have remained dormant for over four years …

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