Zimbabwe sets price to sell gold-backed digital tokens
Zimbabwe’s central bank plans to sell gold-backed digital tokens at $10 for individuals and $5,000 for corporations. Zimbabwe’s central bank...
Month: May 2023
Bitcoin price sets new May high above $29.5K as traders eye breakout
Bitcoin bulls slowly claw back lost ground on the road to a $30,000 rematch as the U.S. banking crisis lingers....
Google engineer concerned about open-source AI gaining edge
A leaked document from a senior software engineer sounds the alarm about Google’s artificial intelligence development. According to a critique...
Bitcoin Price Prediction for Today May 4: BTC/USD Retreats; Could it be a Recovery to $30,000 Resistance?
The Bitcoin price prediction slides below the resistance level of $29,291. Further downside momentum appears to be imminent, but $26,000...
Bitcoin Price Prediction for Today, May 5: BTC’s Rising Trend Comes to a Halt below $30K
Bitcoin Is in a Range as It Comes to a Halt below $30K – May 5, 2023 Today, BTC/USD has...
Nigeria Passes ‘National Blockchain Policy,’ Industry Player Says Central Bank Unlikely to Lift Crypto Ban
The Nigerian Federal government said on May 3 it had passed what it called the “national blockchain policy.” The Nigerian...
Argentine Foreign Minister Says a Latin American Common Currency Would Relieve Argentina’s Stress on the Dollar Issue
Argentine Foreign Minister Santiago Cafiero referred to the advantages the issuance of a Latin American common currency would give Argentina....
Brazilian President Lula to Act as BRICS Liaison to Help Argentina, Discusses Credit Line in Brazilian Reals
Brazilian President Luiz Inacio Lula da Silva stated Brazil will serve as a facilitator to try and arrange BRICS bloc...
What is profit and loss (PnL) and how to calculate it
PnL refers to the financial gain or loss from buying and selling cryptocurrencies. To calculate it, use various method like...
US vice president gathers top tech CEOs to discuss dangers of AI
Vice President Kamala Harris gathered the heads of several AI development firms to discuss potential risks posed by the budding...
Coinbase remains ‘100% committed’ to US market: Armstrong
The Coinbase CEO has a lot of faith that Congress will make a “clear rule book” for crypto firms to...
Blockchain security firm freezes $160K stolen in Merlin DEX ‘rug pull’
CertiK has contacted law enforcement in the United States and the United Kingdom to find the pseudonymous operators. Smart contract...
Cash App Bitcoin revenue tops $2 billion in the first quarter
Block’s Q1 earnings report reveals a 25% year-on-year increase in Bitcoin revenue from the fintech firm’s flagship product Cash App....
Terraform Labs seeks to dismiss class action arguing US laws don’t apply
Federal securities laws only apply in the United States, but the protocols were developed overseas, argues Terraform Labs. Terraform Labs...
Kenya considers tax on crypto, NFT transfers and online influencers
A bill introduced in Kenya could see a tax added to cryptocurrency and NFT transfers and has been met with...
