Bitget currently has a Martingale AI trading bot and a Grid Trading AI bot on its platform. On July 11, cryptocurrency exchange Bitget launched an AI-powered feature for its Grid Trading strategies, or the use of trading algorithms to automate transactions for users. In an interview with Cointelegraph, Bitget developers stated: “Compared with manually creating...Continue Reading

Persistent regulatory actions and concerning derivatives data are likely the main factors behind BNB’s bearish price action. The price of BNB has experienced a 24.5% decline over the past 90 days, despite a 7% gain between July 10 and July 11. BNB (BNB) has performed worse than the overall altcoin market, indicating that the underlying cause...Continue Reading

The portion of traditional hedge funds investing in crypto fell, but many of those still in the market plan to increase crypto investing this year. PwC released its fifth annual global crypto hedge fund report on July 12 based on surveys of crypto-native and traditional hedge funds conducted in the first quarter of 2023. Against...Continue Reading

The store’s team said games can offer NFTs for sale or to earn, but developers must declare this feature in their game’s descriptions and must not allow gambling. The Google Play store now allows video game publishers to sell nonfungible token (NFT) games in its store, according to a July 12 blog post from the...Continue Reading

The commission filed charges against Digitex and CEO Adam Todd in September 2022 for alleged price manipulation and failure to register. A United States federal court has ordered Digitex CEO Adam Todd to pay roughly $16 million in disgorgement and penalties related to a Commodity Futures Trading Commission (CFTC) case. In a June 12 announcement,...Continue Reading

A decentralized finance borrower used a nonfungible token representing a luxury watch to take out a $35,000 loan. In this week’s newsletter, read about Ethereum nonfungible token (NFT) royalties hitting their lowest point in two years. Check out Bitcoin Ordinals trading volume, which hit $210 million in the second quarter of 2023, and how a...Continue Reading

Bitcoin continues to face strong resistance at $31,000 but supportive macroeconomic factors could tilt the advantage in favor of the bulls. Bitcoin (BTC) bulls are again having a go at the overhead resistance of $31,000. The bullish sentiment may get a boost from the United States inflation report, which showed signs of slowing down. Economists...Continue Reading

The European Securities and Markets Authority will release three consultations as it fulfills its mandate under MiCA regulations. The European Securities and Markets Authority (ESMA), the European Union’s markets regulator, released a consultative paper on Markets in Crypto-Assets (MiCA) mandates on July 12. It was the first of three consultative packages the agency expects to publish...Continue Reading

The new feature offers higher fees to LPs who provide liquidity within tighter price ranges but also causes them to not earn fees if the price goes outside of the range. The Cosmos-based decentralized exchange Osmosis (OSMO) has launched a new “concentrated liquidity” feature, according to a July 12 announcement from the app’s developer, Osmosis...Continue Reading

“The goal of xAI is to understand the true nature of the universe,” the company wrote. American business magnate Elon Musk has launched a novel company dubbed “xAI” with the goal of understanding “the true nature of the universe.” According to the July 12 announcement, xAI will work closely with Twitter, Tesla and other companies...Continue Reading