As part of a risk assessment exercise conducted during its January meeting, the ECB stated that the recent developments in the deregulation of financial markets in the U.S., including crypto, might increase the risks of a future financial crisis. ECB Warns That Crypto Deregulation Might Cause a New Financial Crisis Crypto and bitcoin are now …
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The IMF, which informally approved the deal last year, states that this program aims to boost El Salvador’s finances and growth prospects. However, the Bukele administration must “confine” its bitcoin activities and purchases in return. Done Deal: IMF Greenlights $1.4 Billion Credit, Limits Salvadoran Bitcoin Purchases The International Monetary Fund (IMF) has finally greenlighted a …
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The acquisition of Simplehash by Phantom aims to provide users with real-time, high-performance blockchain insights. This move enhances Phantom’s wallet capabilities, offering improved market data, NFT tracking, and spam protection. Phantom Boosts Wallet Performance with Simplehash Integration Phantom, a crypto wallet provider has acquired Simplehash, a token data platform, to deliver faster, more reliable blockchain …
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Chinese e-commerce giant Alibaba reported that it was ready to invest $53 billion in artificial intelligence (AI) and cloud computing initiatives in the next three years. The commitment is part of a gradual push of the company to these technologies, allowing it to increase its growth. According to Alibaba CEO Eddie Wu, AI has the …
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Analyst and trader Ali Martinez is warning that a bearish signal is flashing on Bitcoin (BTC) amid a correction that has seen the crypto king fall to a three-month low. Martinez tells his 128,800 followers on the social media platform X that a bearish divergence is evident on Bitcoin’s weekly time frame. A bearish divergence …
Pi Network told Cointelegraph that a Chinese police report was directed at bad actors impersonating the project. News COINTELEGRAPH IN YOUR SOCIAL FEED Pi Network has responded to a controversy triggered by a post from Bybit CEO Ben Zhou challenging the project’s legitimacy and accusing it of being a scam. On Feb. 20, an X …
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AI agents platform Virtuals Protocol has seen its popularity dwindle and its performance stats decline across the board. News COINTELEGRAPH IN YOUR SOCIAL FEED Virtuals Protocol, an AI agent platform enabling the creation and monetization of AI-driven virtual entities on the blockchain, has seen its daily trading revenue plummet by 96.8% despite expanding from Coinbase’s …
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Hong Kong’s Cyberport expands AI and Web3 research with $125 million in funding, boosting blockchain development and AI talent programs. News COINTELEGRAPH IN YOUR SOCIAL FEED Hong Kong’s Cyberport, a government-backed business hub focused on Web3, blockchain and artificial intelligence, is ramping up its investment in emerging technologies to position the city as a global …
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Bitcoin is tackling support levels not seen in months. Where do traders think BTC price action will put on a definitive floor after nearly a 30% drop from all-time highs? Markets News COINTELEGRAPH IN YOUR SOCIAL FEED Bitcoin (BTC) is in danger of violating its old all-time highs from March 2024 as BTC price losses …
HodlX Guest Post Submit Your Post The tokenization of RWAs (real-world assets) stands at an inflection point, with the market reaching $56 billion and poised for explosive growth. While skeptics have long criticized cryptocurrency’s lack of intrinsic value, RWA platforms fundamentally reshape this narrative by bringing tangible assets – from real estate to equities – …
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Master Ventures founder Kyle Chasse says Bitcoin needs to find genuine buyers, not hedge funds, who “don’t care about Bitcoin” and are just chasing “low-risk yield.” Markets News COINTELEGRAPH IN YOUR SOCIAL FEED Bitcoin’s price will continue to experience volatility until genuine buyers start entering the market, rather than traders seeking arbitrage opportunities, according to …
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MetaMask will expand from Ethereum Virtual Machine chains for the first time in May when it will add support for Solana, while Bitcoin will also be integrated in the third quarter. News COINTELEGRAPH IN YOUR SOCIAL FEED Crypto self-custodial wallet MetaMask is set to expand support to the Bitcoin and Solana networks and eventually remove …
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A THORChain dev has backed out and a validator is threatening to follow as North Korean hackers have reportedly sent $605 million worth of crypto through the protocol. News COINTELEGRAPH IN YOUR SOCIAL FEED A THORChain developer says he’s stepping away from the crypto protocol after a vote to block North Korean hacker-linked transactions was …
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Two crypto reserve bills have passed their third reading in Arizona’s Senate and will head to the state’s House of Representatives. News COINTELEGRAPH IN YOUR SOCIAL FEED Arizona’s Senate has advanced a Bitcoin reserve bill, bringing it to second place behind Utah in a race between US states to get a crypto investment bill approved. …
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