Bitcoin (BTC) held its most recent gains into May 27 as traders called for a change in “bearish” market sentiment. BTC/USD 1-hour candle chart on Bitstamp. Source: TradingView Trader awaits “pretty major move” for BTC price Data from Cointelegraph Markets Pro and TradingView followed BTC/USD as it entered the weekend at around $26,700. The week’s
Month: May 2023
Stablecoin issuer Circle has launched Euro Coin (EUROC) on Avalanche, a move that aims to deliver faster and more efficient payments and financial services for developers and users. In an announcement sent to Cointelegraph, the Circle team said that the launch is part of their multi-chain strategy for EUROC. The team said that the availability
Top Stories This Week Binance suspends deposits for bridged tokens, seeks clarity from Multichain team Crypto exchange Binance suspended deposits for 10 bridged tokens following days of uncertainty surrounding the Multichain protocol. Transactions on the cross-chain protocol have been delayed over multiple bridges in the past few days, with little information from Multichain’s team about
BGMI — or Battlegrounds Mobile India — is now available to download via the Google Play store in India. The game, which was banned by the government of India last year, can be preloaded on Android smartphones before it is re-launched in India next week. Developer Krafton has confirmed that the game will be playable in India
A US judge on Thursday approved Apple’s $50 million (roughly Rs. 412 crore) class-action settlement resolving consumer claims over certain defective MacBook keyboards, in a ruling that spurned challenges to the deal. US District Judge Edward Davila in San Jose, California, federal court in his ruling called the settlement “fair, adequate and reasonable.” Eleven consumers
Technical analyst Cheds has dreamed of being a trader since his childhood. However, the journey he had to take to fulfill his dream wasn’t very straightforward. In an episode of Cointelegraph’s Crypto Stories, Cheds shared his humble beginnings. According to the technical analyst, he always dreamed about trading stocks since he was a kid. He
In this article MSFT Follow your favorite stocksCREATE FREE ACCOUNT Brittany Matter’s home desk features the mouse, keyboard and number pad that come in the Microsoft Sculpt Ergonomic Desktop set, which has been discontinued. She sticks the keyboard in a backpack when she travels, because she likes to be comfortable when she works. Brittany Matter
A new stealthy information stealer malware called Bandit Stealer has caught the attention of cybersecurity researchers for its ability to target numerous web browsers and cryptocurrency wallets. “It has the potential to expand to other platforms as Bandit Stealer was developed using the Go programming language, possibly allowing cross-platform compatibility,” Trend Micro said in a
The boss of OpenAI, the firm behind the massively popular ChatGPT bot, said on Friday that his firm’s technology would not destroy the job market as he sought to calm fears about the march of artificial intelligence (AI). Sam Altman, on a global tour to charm national leaders and powerbrokers, said in Paris that AI
China’s cyberspace regulator said 1.4 million social media posts have been deleted following a two-month probe into alleged misinformation, illegal profiteering, and impersonation of state officials, among other “pronounced problems”. The Cyberspace Administration of China (CAC) said in a statement on Friday it had closed 67,000 social media accounts and deleted hundreds of thousands of
Synthetix weekly trading volumes surpassed $1 billion, overtaking decentralized derivatives exchange GMX to become the second-most active platform. The trading volume data from Token Terminal shows that Synthetix did more than twice the trading of GMX in the seven-day period starting May 17, thanks to Optimism (OP) token incentives for perpetual swap traders. The Synthetix
Gemini Trust Co., a cryptocurrency exchange, and bankrupt lender Genesis Global Capital have jointly filed for the dismissal of a lawsuit brought by the Securities and Exchange Commission (SEC). The lawsuit claims that their Earn product violated securities regulations by offering unregistered securities. In their legal filings, the companies contended that their Earn product, which
BTC/USD 1-hour candle chart on Bitstamp. Source: TradingView Bitcoin shrugs off new U.S. inflation woes Data from Cointelegraph Markets Pro and TradingView showed BTC/USD nearing $27,000 on Bitstamp. The pair rose unexpectedly after the day’s Personal Consumption Expenditures (PCE) data showed its first rises since October 2022. Such a reading should present a headwind for
Google has withdrawn a gaming app that allowed players to buy, sell and torture Black virtual “slaves” after a racism outcry in Brazil. Dubbed “Slavery Simulator,” the Portuguese-language game saw players trade in slaves and strategise to prevent the abolition of slavery in order to amass virtual riches. The prosecutor’s office said it had opened
Redmi K50 Ultra with Qualcomm Snapdragon 8 Plus Gen 1 SoC was launched in China in August last year. The smartphone is yet to make its debut in other global markets including India, but rumours of a possible successor — Redmi K60 Ultra—have already started doing rounds on the Web. Most recently, the schematics of
A bearish technical formation has driven down the total crypto market capitalization over the past seven weeks. Bitcoin’s (BTC) 2% decline — and a 1.7% and 2.5% decline from BNB (BNB) and XRP (XRP), respectively — were the main drivers of the most recent 1.3% correction between May 18 and May 25. Total crypto market cap
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