Bill Gates Props Up AI Against Metaverse and Web3 Tech

Bill Gates, the co-founder of Microsoft, has given his opinion about the relevance of Web3, metaverse, and AI (artificial intelligence), a set of technologies in development today. Gates stated that AI was “the big” revolutionary technology that is comparable to what the internet was in the year 2000. Bill Gates Considers AI Tech ‘Revolutionary’ Bill …

Quant Analyst PlanB Says Bitcoin Bottom Is In, BTC To Explode by Up to 4,689% – Here’s His Timeline

Quantitative analyst PlanB is doubling down on his prediction that Bitcoin (BTC) could meteorically ascend in the next bull market. PlanB tells his 1.8 million Twitter followers that he believes Bitcoin bottomed out at $15,500 back in November of 2022 and short-term holders are now in profit territory, a traditionally bullish signal. The quant analyst …

Polygon tests zero-knowledge rollups, mainnet integration inbound

Ethereum layer-2 scaling protocol Polygon (MATIC) is carrying out performance testing of zero-knowledge rollup (zk rollups) technology ahead of full integration with its mainnet. The development of the technology, called Polygon zkEVM (Ethereum Virtual Machine), has been ongoing for over three years by the Polygon Hermez team. The team has already confirmed that zero-knowledge proofs …

Bitcoin price blasts past $21K as 3-day short liquidations near $300M

Bitcoin (BTC) continued a stunning comeback on Jan. 14 as $21,000 appeared for the first time since early November. BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView Bitcoin cracks key trend line for first time since $69K Data from Cointelegraph Markets Pro and TradingView followed BTC/USD as it hit highs of $21,247 on Bitstamp overnight. The pair …

Skybridge eyes stake buyback from FTX, as Galaxy CEO says he would like to ‘punch’ SBF

SkyBridge Capital CEO Anthony Scaramucci said that his firm can buy back the stake of the company it sold to FTX back in September last year. While Galaxy Digital CEO Mike Novogratz has indicated that he would be tempted to “punch” SBF right in the jaw. SkyBridge and FTX FTX Ventures acquired a 30% stake …

Logan Paul unveils $1.5M CryptoZoo recovery plan

YouTuber Logan Paul has unveiled a $1.5 million recovery plan for the people who invested in his beleaguered NFT project CryptoZoo. Announcing the move in a video shared via Twitter on Jan. 13, Paul reiterated that he is no longer looking to sue fellow YouTuber Coffeezilla for defamation over accusations he made in a critical …

Illegal on-chain cryptocurrency activities reach all-time highs of $20.1B

Of the $20.1 billion in illegal cryptocurrency transactions, 44% came from sanctioned entities. 2 min read Updated: January 14, 2023 at 12:16 am Cover art/illustration via CryptoSlate Illicit cryptocurrency on-chain transaction volume reaches all-time highs of $20.1 billion, growing for the second year in a row, according to a recent report by Chainalysis. The report …

Bitcoin breaks $21,000 alongside $255m of 24-hour spot purchases

Bitcoin has broken $21,000. According to Coingecko data, BTC was valued at $21,083 at 12:59 a.m. UTC on Jan. 14. Its market cap was $403 billion. That change represents a 12% increase in 24 hours. Bitcoin prices for Jan. 13-14 via CoinGecko (time in PST) Data also shows that $245 million of shorts have been …

Justin Sun says he may spend $1 billion on DCG assets

Sun may spend his personal wealth to support Genesis’ troubled parent company. 1 min read Updated: January 14, 2023 at 12:11 am Cover art/illustration via CryptoSlate Justin Sun could spend $1 billion of his funds to buy assets belonging to Digital Currency Group, according to a report from Reuters on Jan. 13. Sun told the …

Bitconnect Victims to Receive Over $17 Million in Restitution From Ponzi Scheme

More than $17 million in restitution will be distributed among investors in the pyramid scheme Bitconnect under a court order in the United States. The notorious crypto investment scheme defrauded thousands of people around the world. Bitconnect Investors From Dozens of Countries to Be Paid Back Millions of US Dollars A total of over $17 …

Cryptocurrency Exchange to Sponsor Ukraine’s National Soccer Team

Ukraine’s national soccer team has secured a sponsorship deal with a player from the industry that wants to engage fans and promote adoption of cryptocurrencies. As part of the agreement, an EU-based coin trading platform will be the team’s crypto partner for the next three years. Whitebit Exchange Aims to Expand Ukraine’s Crypto Community by …

Samsung’s Asset Management Arm Launches Bitcoin Futures ETF in Hong Kong

Samsung’s asset management arm has launched a bitcoin futures exchange-traded fund (ETF). The new actively managed ETF is listed and traded on the Hong Kong stock exchange. It seeks “to provide economic exposure to the value of bitcoin,” Samsung detailed. Samsung’s Bitcoin Futures ETF Samsung Asset Management (Hong Kong) Ltd., a wholly owned subsidiary of …

Bitcoin Touches $21,000, Shattering Historic Line of Resistance and Erasing FTX Gap

Bitcoin has touched the $21,000 mark, testing a range that erases the damage done to BTC’s price by alleged fraudster and FTX founder Sam Bankman-Fried. The top cryptocurrency is up 11% in the last 24-hours, trading at $20,975 at time of publishing. Bitcoin’s rise has triggered a broad surge in the overall crypto markets. Ethereum …

Popular Crypto Analyst Goes Bullish On BTC And AVAX, Here’s What He Said

Due to the Bitcoin (BTC) and crypto market uncertainty, predicting the following trend pattern for crypto assets is usually difficult. However, analysts have always released predictions for most crypto assets. While some projections turned out to be accurate, some still failed to happen as predicted. One analyst became popular for releasing an accurate prediction for …

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