Following a dramatic drop almost to $89,000, Bitcoin (BTC) bounced back powerfully, recouping its losses and finishing the day above $94,000. Is this the final opportunity for the bears to hold on? Could we see the price return to its record high? Has the Dollar Index (DXY) now topped out? In larger financial contexts, risky … Read more
On Monday, Bitcoin (BTC) saw a temporary dip below $90,000, causing concern among investors due to market turbulence. However, it swiftly regained its footing, reaching $92,500 before ascending further to its current price of $95,400. Despite the decline, Bitcoin has managed a slight increase of 1.01% in the past day. In summary, the value of … Read more
In the emerging field of AI, known as AIFi (Artificial Intelligence Foundations) or DeFAI (Decentralized Artificial Intelligence), a definitive term to encapsulate the sector hasn’t been agreed upon yet. However, it is evident that the amalgamation of web3 technologies and artificial intelligence is underway on a massive scale and will significantly impact both on-chain and … Read more
The data on creating stablecoins indicates a decrease in the conversion of traditional money (fiat) to cryptocurrencies, which may be due to the more aggressive stance taken by the Federal Reserve affecting market transactions, as warned by Matrixport. According to Matrixport, a digital asset company based in Singapore, it’s expected that the price of Bitcoin … Read more
The Commodity Futures Trading Commission (CFTC) is currently deliberating if they should conduct a 90-day assessment on Crypto.com’s sports betting futures contracts, which allow individuals to wager on the winners of significant football matches like the Super Bowl. Based on a Bloomberg article published on January 14th, it’s been suggested that a five-member federal committee … Read more