The highest Bitcoin open interest levels in over six months come as analysis predicts that BTC price action will fail to flip $36,000 this week. Bitcoin (BTC) fell toward $34,500 on Nov. 7 as analysts’ attention turned to mushrooming open interest. BTC/USD 1-hour chart. Source: TradingView Open interest “surge” spooks Bitcoin pundits Data from Cointelegraph […]

The executive order on AI safety from the Biden Administration has laid out its standards for the industry though its vagueness has raised concerns among the AI community over stifling innovation. Last week the administration of United States President Joe Biden issued a lengthy executive order intended to protect citizens, government agencies and companies through ensuring […]

PRESS RELEASE. Zug, Switzerland – SwissGold Crypto AG, a Swiss-regulated crypto issuer, introduces a novel solution to the wealth preservation challenge in times of inflation and uncertainty: gold-backed non-fungible tokens (NFTs). Gold’s enduring stability, in contrast to depreciating fiat currencies, has made it a trusted wealth preserver for centuries. Following the US President’s 1971 decision […]

South Africa’s Old Mutual Wealth and financial services provider Inves Capital recently revealed plans to inject liquidity into the ZARP stablecoin network. Inves Capital’s managing director said “crypto is entering a new phase” of growth and ZARP is set to “play a central role.” ‘Substantial Liquidity’ to Be Injected Into the ZARP Network South African […]

On Tuesday, the BRC20 token, dubbed ordinals (ORDI), soared over 40% against the U.S. dollar, fueled by news from Binance about its impending inclusion on the exchange’s roster of traded currencies. ORDI rocketed from an early 24-hour low of $7 to a peak of $11.53, settling at $10.48 per token at the time of this […]

Quick Take This week saw an unexpected upsurge in the Bitcoin mempool transaction count. The increase has been primarily driven by a new wave of Inscriptions, which has pushed the 7-day moving average transaction count above 70,000. Graph showing the 7-day moving average mempool transaction count from November 2022 to November 2023 (Source: Glassnode) Upon […]

The post Crypto Market Watch: Key Events and Announcements for the Coming Week appeared first on Coinpedia Fintech News October was another record-setting month for cryptocurrencies as Bitcoin (BTC) surpassed its previous all-time highs, and the overall crypto market topped the $2.6 trillion mark for the first time. WLD Coin & SEI Token The week […]

Coinspeaker Traders Earn 165% Yields from Staking FLOKI Popular meme coin FLOKI was first introduced in 2021 after being originally inspired by Elon Musk’s pet Shiba Inu. Since then, it has gone on to establish itself as a major decentralized finance (DeFi) project. For context, the coin is currently seeing tremendous activity with over $55 […]

Coinspeaker Millon Embraces Arteïa’s Tezos Blockchain for Art Authentication Millon, a prominent French auction house, is set to leverage Tezos blockchain-based digital traceability technology developed by Arteïa to ensure the authenticity of artworks. This innovative solution, known as Arteïa Connect, will make its debut at the Masters Decorative Arts of the 20th Century event scheduled […]

Coinspeaker Kraken Seeks Partnership to Develop Its Layer 2 Network Reports suggesting that US-based crypto exchange Kraken is seeking partnerships to enable it to develop its own Layer 2 network solution have emerged. Per the report, the exchange is considering a partnership with Polygon, which is noted for its Ethereum scaling solutions, to build its […]