Cryptocurrency

The Bitcoin Office of El Salvador announced that 80,000 public servants will receive bitcoin instruction and certification through an educational module that is part of the Higher School of Innovation in Public Administration (ESIAP) program. The module also includes training in the areas of cybersecurity, blockchain, and artificial intelligence (AI), offering a public administration certificate. […]

SatLayer, a Bitcoin restaking platform built on the Bitcoin staking protocol Babylon, has raised $8 million in a pre-seed funding round. Hack VC and Castle Island Ventures co-led the round, with Franklin Templeton, OKX Ventures, Mirana Ventures, Amber Group, Big Brain Holdings, CMS Holdings and others participating, SatLayer said Thursday. Undisclosed angel investors from firms […]

Bitcoin took liquidity both up and down on Aug. 22 as analysis said crypto markets are “looking ripe for a short squeeze.” BTC/USD 1-hour chart. Source: TradingView Key BTC price hurdles crystallize Data from Cointelegraph Markets Pro and TradingView shows volatile BTC price moves within a narrow range over the past 24 hours. United States employment data revisions, along with […]

Bitcoin price rose on Thursday, tracking a broader increase in risk-driven markets amid growing bets on a September interest rate cut, although speculation over more token distributions by Mt Gox limited overall gains. Risk appetite was also tempered by data showing a sharp downward revision in U.S. labor data, which ramped up concerns over a […]

Bitcoin had a good start to 2024, rising over 40% year-to-date. This was fueled by a number of positive fundamental factors, including the launch of spot Bitcoin exchange-traded funds in the United States and the halving event, which reduced the amount of BTC awarded to miners by 50%. Unlike previous cycles, Bitcoin price hit new all-time highs before […]

Although Bitcoin’s price is yet to reclaim its March all-time high, an analyst claims two key metrics show that the bull market remains strong and steady with no signs of a deep correction. In an Aug. 18 report, CryptoQuant researcher Axel Adler looked to two key metrics — the bubble vs. crush market structure and the […]

A signal from the Bitcoin derivatives market points to the growing risk of a “short squeeze” that can stoke sharp rallies in the largest digital asset, according to cryptocurrency specialist K33 Research. The metric is the funding rate for Bitcoin perpetual futures, which helps to gauge how bullish or bearish speculators are. K33 said the […]

Wednesday could be busy for financial markets, including cryptocurrencies, as lesser-tracked U.S. data is expected to provide a grim picture of the U.S. economy. Still, bitcoin (BTC) bears might want to exercise caution, as the data could be misleading and overstate weakness, according to one leading investment bank. On Wednesday, the U.S. Bureau of Labor Statistics (BLS) […]

  Monday, August 19, marks the four-month anniversary of the 2024 Bitcoin halving, an automated event that cuts mining rewards in half every four years. Unlike previous halvings, however, the latest cut has not been followed by a rise in bitcoin’s dollar value as of this point. Each halving makes it harder for miners to […]

Artificial intelligence firm Osmo is working diligently to bring back the future we were promised in 1960 when Hans Laube introduced the world to “Smell-O-Vision.” Only this time, the goal is to improve the lives of humans everywhere by teaching computers how to interpret scent. Osmo’s technology is a complex, multidisciplinary amalgamation of science and […]