Markets

ChatGPT has created waves across the world since its launch in November 2022. The famous AI app developed by the organization called OpenAI made news for scarily accurate answers, proving its viability in the digital asset space. It has also elicited some sharp opinions. The top AI figures in the world, such as Elon Musk, Steve Wozniak, and Andrew Yang, for one, have reportedly signed an open letter seeking to halt the development of AI systems. These systems in question are...

Bitcoin shot up again in early March, and investors have been given another hopeful boost. Bitcoin Hikes Its Price Up a Bit in Early March The currency experienced a bit of dip towards the end of February. The world’s number one digital asset by market cap had shot up to a six-month high of about $25,000 per unit during the midway point of the month, though just a few weeks later, the asset had fallen to about $23,000, roughly $2,000 less than where it had been shortly...

The NFT sector appears to be clawing back as the sentiment around the broader crypto market recovers. The emergence of new players and changing dynamics have resulted in a rapid evolution of the non-fungible token space. Despite a frantic start, NFTs had a strong Q1 2023. NFT Market Recap: Q1 2023 According to a report by DappRadar, the NFT market has had an impressive start to the year. In fact, Q1 2023 turned out to be the best quarter since Q2 2022. While NFT trading...

Cryptocurrencies performed significantly better than other asset classes in the first quarter. As selling exhausted since the collapse of FTX, digital assets managed to rake in gains not seen in two years. According to IntotheBlock’s latest newsletter shared with CryptoPotato, Bitcoin and Ethereum – the two largest cryptocurrencies – have realized their largest quarterly price gains since Q1 2021. On-chain Review Bitcoin’s market cap increased by 20% in March alone, adding to...

Bitcoin bounced off in the last hours of March, reclaiming $28,000 and posting a 23% price increase for the third month of the year. Several altcoins are also well in the green, with ETH surging past $1,800, while SOL has returned to over $20. BTC Back Above $28K The primary cryptocurrency has been on a rollercoaster for the past several days. It dumped by $1,500 on Monday when the US CFTC sued Binance and Changpeng Zhao before the bulls intercepted the move and pushed the...

Vor Jahr und Tag waren derartig professionelle Plattformen den Börsen-Cracks auf den Banken vorbehalten. Dank Bitcoin-Börsen wie Liquid steht professionelles Trading allen offen. Schon von Liquid gehört? Liquid ist eine Bitcoin-Börse, die aus Japan stammt und im asiatischen Raum schon grosse Bekanntheit geniesst. Liquid vereint innovative Technologie und Bitcoin-Handel miteinander. Nach einer kurzen Einarbeitung in das Thema steht dem Handeln mit...

Singapore’s lower division of the Supreme Court approved Zipmex’s pre-packaged plan to restructure some of its operations and thus enable customers to receive portions of their deposits. The Thai-based crypto exchange suspended clients’ withdrawals in July last year, citing volatile market conditions. It could not cope with the issues and filed for bankruptcy protection shortly after. Zipmex announced in a recent blog post that the Singapore High Court allowed the creation of...

Bitcoin is on the brink of re-emerging above $30,000 for the first time since June 2022. As excitement abounds, how are indicators looking for the asset both on and off chain?Crypto market intelligence platform Santiment recently analyzed some observable impacts and triggers of Bitcoin’s latest price moves, noting rising social volume and dominance compared to other cryptos.  Bitcoin’s Dominance Returns Per a blog post from Santiment on Thursday, Bitcoin’s Social Volume and...

Bitcoin is making its way out of Binance after the Commodities and Futures Trading Commission (CFTC) sued the exchange earlier this week, on-chain data shows.  Though bearish for the world’s largest crypto exchange, the wave of outflows doesn’t appear to have triggered any significant migration from the decentralized finance (DeFi) ecosystem.  Binance Outflows Surge According to data provided by IntoTheBlock, Binance has experienced a 60% surge in BTC withdrawals over the...

The past seven days made for quite an exciting week in the cryptocurrency field, despite the fact that some of the events weren’t particularly positive. However, the market managed to stabilize and consolidate, gaining around $14 billion in the process. Let’s dive in. On March 27th, the United States Commodities and Futures Trading Commission (CFTC) slapped Binance – the world’s leading cryptocurrency exchange – with a lawsuit. The 74-page complaint also included its CEO,...