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February 9, 2024
Bitcoin may be consolidating after 6% daily gains, but the potential for runaway BTC price upside is there, says analysis. Bitcoin (BTC) took a rain check on snap upside at the Feb. 9 Wall Street open as 24-hour gains hit 6%. Data from Cointelegraph Markets Pro and TradingView showed BTC price trajectory retracing after reaching...
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Unfortunately, this perceived trustworthiness doesn’t positively affect token performance. A professor of finance from the Hanken School of Economics in Finland recently published preprint research indicating that initial coin offerings (ICOs) tend to make more money when the people offering them appear to have more “trustworthy” faces.  Dubbed “The Value of a Smile,” the paper’s...
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Cointelegraph Research analyzes the various sectors shaping the post-ETF landscape and discusses the future in the new Investor insights report. As 2023 fades into the background, the new year has started with significant developments in the cryptocurrency world. January 10th saw the SEC approve 11 U.S. spot Bitcoin ETFs, a significant milestone in crypto history....
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Cryptocurrency exchanges stand to benefit from unified rules and regulations for the industry across Europe as MiCA legislation comes into effect in 2024. The implementation of the Markets in Crypto-Assets (MiCA) legislation could expedite the expansion efforts of major cryptocurrency exchanges across Europe, according to Crypto.com president Eric Anziani. Speaking exclusively to Cointelegraph, Anziani highlighted...
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The world champion Ukrainian boxer Oleksandr Usyk and his Ready to Fight team are connecting fighters with fans using blockchain technology. The world champion boxer Oleksandr Usyk is leading the boxing industry into the future with a new blockchain-based Web3 platform that connects fighters with each other and helps them grow their fan base.  Ready...
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Ether strength is one of the three current key themes in the crypto industry alongside DeFi growth and selling pressure on Bitcoin miners, Coinbase analysts say. Focusing on spot Bitcoin exchange-traded funds (ETFs) in the short term may be “something of a distraction” from the more important crypto trends emerging in the post-ETF environment, say...
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Bitcoin ETF approval has given optimism to many about the possibility of a spot Ether ETF soon, but experts caution it could be a lengthy process. The United States Securities and Exchange Commission (SEC) approved 10 spot Bitcoin exchange-traded funds (ETFs) on Jan. 10, allowing investors in the U.S. to invest in Bitcoin-backed securities. Spot...
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Zilliqa executive Tom Fleetham described former NBA player Dwight Howard’s NFT project as a “complete disaster” which left fans underwhelmed. While there may be benefits in integrating nonfungible tokens (NFTs) within the world of sports, there are also challenges for athletes who want to get in, requiring time and effort when diving into the world...
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Experts reportedly informed the National Assembly committee that stakeholders in the AI and robotics field were not consulted during the drafting of the bill. Kenyan information technology (IT) experts have urged Parliament to reject the 2023 Robotics and AI Society Bill, citing numerous significant shortcomings. According to local media, the experts appeared before the National...
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Lord Philip Hammond, a vocal crypto advocate who served as the United Kingdom’s Chancellor of the Exchequer from 2016 to 2019, may have breached lobbying rules for former ministers. Lord Philip Hammond, a vocal crypto advocate serving as the United Kingdom’s Chancellor of the Exchequer from 2016 to 2019, might have breached the lobbying rules...
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