Author: Murtuza Merchant
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Why Gold’s Luster Could Ignite A ‘Digital Gold’ Bitcoin Rally: 10x Research
in NewsAs gold (NYSE:GOLD) prices trade near record heights fueled by expectations of a potential Federal Reserve rate cut, the precious metal’s performance could be a harbinger for Bitcoin (CRYPTO: BTC), often referred to as “digital gold.” What Happened: While the Federal Reserve maintained a cautious stance on interest rate adjustments in its latest statement, Chair…
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EXCLUSIVE: How AI Can Unlock The True Potential Of Web3
in NewsThe integration of AI within the Web3 ecosystem is taking a significant leap forward, according to Nick Havryliak, CEO and co-founder of data provenance protocol Assisterr. Havryliak told Benzinga in an exclusive interview on Tuesday about the importance of creating a decentralized AI infrastructure to democratize the benefits of AI advancements. “Major tech corporations have…
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Donald Trump Comments On Crypto Pivot: ‘If We Don’t Do It, China Will’
in NewsFormer President Donald Trump warned that the United States must embrace digital currencies to prevent China from dominating the field. What Happened: Once a vocal critic of Bitcoin (CRYPTO: BTC), Trump now advocates for digital currencies to be “made in the USA,” emphasizing the necessity to counter China’s growing influence. His shift aligns with a…
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Bitcoin Rebounds From ETF Outflows, Back Above $61K
in NewsBitcoin (CRYPTO: BTC) has bounced from its poor showing in Monday trading and is trading back above $61,000, despite significant net outflows from spot ETFs. What Happened: At the time of writing, Bitcoin is trading around $61,300, flat over the past 24 hours but up from $59,086 in Monday evening trading. On June 24, these…
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German Government Continues Bitcoin Liquidation, Transfers 400 BTC To Exchanges
in NewsThe German Government transferred a total of 400 BTC, valued at approximately $24.34 million, to major cryptocurrency exchanges Coinbase Inc. (NASDAQ:COIN) and Kraken today. What Happened: According to data from Arkham, the transfers were executed at 15:38 UTC+8, with each exchange receiving 200 BTC. This transfer follows a significant movement of Bitcoin (CRYPTO: BTC) by…