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The cryptocurrency industry went into a state of shock after Bitcoin (BTC) dropped below the coveted $100,000 mark. The king coin started the first week of February on a bearish note as BTC dipped to a low of $93,000. While several lost hope and were selling their holdings, predictions from prominent firms unveiled a promising future for BTC holders. Ark Invest, in its latest report, highlights the possibility of BTC surging over $1 million. Also Read: US Congress Forms Crypto Task Force—Brace for New Regulations! Looking Into Bitcoin’s Current Market Source: Watcher Guru During the time of writing, BTC was trading at $98,051.24 following a 1.31% drop over the past 24 hours. The asset was seen slowly recovering from its latest drop. Earlier today, Bitcoin surged all the way to a high of $100,807.36. Source: CoinMarketCap During the month of January, the king coin recorded a new all-time high of $109,114.88. BTC is currently trading at 10.28% below this peak. This might seem like a...

With Bitcoin (BTC) rebounding after the Federal Reserve’s decision to hold interest rates steady, market sentiment has turned bullish once again following a broader sell-off. Amid this recovery, specific altcoins are showing strong upside potential. Backed by robust fundamentals, increasing adoption, and growing community interest, these cryptocurrencies could see further gains if bullish momentum continues.  Finbold has identified two assets on the verge of crossing the $1 billion market cap milestone, a key threshold that could signal their next phase of growth. Picks for you DeepSeek AI predicts Litecoin (LTC) price for the end of 2025 1 hour ago Ross Ulbricht reportedly just lost $12M on this crypto 2 h...

The Shiba Inu Ecosystem is always brewing with new ideas and innovations. In this wake, the official X handle of the SHIB ecosystem, “Shib: Treat Yourself Season,” has delivered a major new update about the ecosystem’s upcoming TREAT token, taking the market by utter surprise. The TREAT token has been under for many years now, with several enthusiasts touting it as nothing but a fantasy. With the launch of a brand new token, the Shiba Inu ecosystem is expecting some major overhauls, including pushing SHIB’s price to touch major highs. But the real question is, how high can the TREAT token launch help push Shiba Inu’s price? Let’s find out. Also Read: Vivek Ramaswamy’s Strive Files To Launch “Bitcoin Bond” ETF SHIB Ecosystem Unveils New Details About Treat Token Source: Watcher Guru The Shiba Inu ecosystem’s official X handle has dropped a major update about the highly anticipated TREAT token. After successfully launching the trifecta of SHIB, Bone, and Leash, SHIB community...

The OG meme cryptocurrency Dogecoin (DOGE) has been struggling with its price. Despite the multiple high-profile endorsements, DOGE failed to rally and meet the coveted $1 mark. At press time, the meme coin was trading at $0.09531. DOGE was seen dropping by 4.26% over the past 24 hours. This means that the asset is close to 1000% below the dollar milestone. Also Read: Tron Network Revenue Surges 46%: Can it Propell TRX to $0.2? Source Investor confidence was restored in the market after Elon Musk’s latest tweet. The CEO of SpaceX revealed that DOGE may be accepted in exchange for Tesla-related merchandise. The price of DOGE did not react strongly to this. Once Tesla adds Dogecoin, the asset could witness a major price increase. But the real question is if it will be enough to drive the OG meme coin to $1. Also Read: Dogecoin: Elon Musk Signals DOGE Return as Tesla Payment Option When Will DOGE Reach the $1 Mark? Reaching $1 has been a task for DOGE. About three years ago, the asse...

Argentina’s National Securities Commission (CNV) recently met with El Salvador’s National Commission of Digital Assets (CNAD) to gain insights into Bitcoin (BTC) adoption and crypto regulation, according to an official report This collaboration comes as Argentina’s political and regulatory landscape grows increasingly Bitcoin-friendly under the leadership of President Javier Milei. On May 23, CNV president Roberto Silva, CNV vice president Patricia Boedo, and CNAD president J uan Carlos Reyes discussed El Salvador’s pioneering role as the first country to adopt Bitcoin as a legal tender in September 2021. Silva emphasized El Salvador’s leadership in crypto assets, stating: Picks for you Buy alert: Bitcoin hourly chart signals imminent rally 20 mins ago ...

Europe experienced a 50% fall in fintech investments in the first half of 2023. In the midst of the global fintech market downturn, the crypto and blockchain sector managed to become a leader in investments in a number of major European markets.  According to the report “State of European FinTech”, released by the Amsterdam-based fintech venture fund Finch Capital, Europe, Middle East and Africa (EMEA) region experienced a 50% drop in fintech investments in the first half of 2023. The total amount of funding fell from $27.3 billion in H1 2022 to $11.2 billion in H1 2023. However, crypto businesses stand out in the overall picture, gaining a leading position in investments attracted across several large markets. In the United Kingdom, the blockchain and crypto sector grabbed a 28% share of all the deals, struck in fintech in H1 2023. This number is even higher in the Netherlands — 35% of all deals. In Germany and France, the crypto’s share constitutes 27% and 29% respectively. Re...

In the fragmented and fast-paced world of crypto, there is one stand-out, comprehensive solution that makes managing portfolios easy for both new and experienced traders. Managing a portfolio consisting of traditional assets can be done through a wide range of tools. When it comes to cryptocurrencies, traders do not have access to the same level of infrastructure, which makes crypto portfolio management a more tedious process for beginners. To begin with, the crypto market is highly fragmented at all levels. There are dozens of crypto exchanges to choose from, while digital currencies reside on different blockchain networks, each with its own nuances. For novice crypto traders, fragmentation hinders the smooth onboarding process. Experienced traders are also affected too, as they cannot enjoy a seamless trading experience. Registering with each crypto exchange to take advantage of its benefits and incentives means having multiple different crypto addresses, which often makes real-time...

Agents from the U.S. Secret Service San Francisco Field Office have answered a burning question about its NFT collection. What does it do? The United States Secret Service has finally shed more light on its bizarre nonfungible token (NFT) collection sitting on OpenSea.  The NFT collection was first revealed during a Reddit AMA on May 16, where agents answered questions from members of the r/cryptocurrency subreddit about their involvement in crypto and blockchain tech. Until this time, not much of an explanation was provided about the NFT collection or why it exists. Speaking to Cointelegraph, agents from the Secret Service’s San-Francisco field office, known as the “Digital Asset Technology Alliance” (DATA) Squad, said they wanted to better understand how NFTs worked. The U.S. Secret Service San Francisco Field Office NFT Collection. Source: OpenSea Forensic financial analyst Andrew Frey, the agent who spearheaded the Reddit AMA, said it also serves as a forward-facing example of ...

Cointelegraph analyst and writer Marcel Pechman explains how China’s economic weakness and Turkey’s interest rate hikes could impact the cryptocurrency market. On the latest episode of Cointelegraph’s  Macro Markets , analyst Marcel Pechman explores how Turkey’s recent interest rate increase might attract hundreds of millions of new crypto currency investors, and how China’s looming economic crisis could affect Bitcoin (BTC) and crypto globally. Turkey’s central bank has increased the interest rate by 6.5% to 15% in a dramatic attempt to fight inflation. The move comes as the local currency, the lira, dropped by 80% against the United States dollar in five years. According to Pechman, whether the U.S. dollar holds its dominant position as a global reserve currency doesn’t matter. Turkey and Argentina’s 70% inflation in 2022 are perfect examples of how decentralized cryptocurrencies might be the sole lifeguard for hundreds of millions — if not billions — of people who cannot save an...

Dutch investors now have access to a Bitcoin equities exchange-traded fund on the Euronext Amsterdam stock exchange. The Netherlands has welcomed a new equity exchange -traded (ETF) fund that will give investors exposure to a basket of Bitcoin (BTC)-related company stock s. French investment firm Melanion Capital’s Bitcoin Equities ETF began trading on the Euronext Amsterdam Stock Exchange on June 22, introducing an equities-based approach to investing in the Bitcoin ecosystem. The ETF is designed to track the Melanion Bitcoin Exposure Index, which is a custom basket of European and American stock s closely tied to BTC’s market price. The ETF is compliant to the European Commission’s Undertakings for the Collective Investment in Transferable Securities (UCITS) regulatory framework that is used for managing and trading mutual funds. UCITS funds allow investment firms to register and sell trading products across the European Union through the provision of regulatory and investor protec...

Pepperdine University professor Beau Brannan believes that NFTs could allow verification for individual courses and give more insight into college degrees. The rise of fake credentials and teachers being undervalued and underpaid are some of the recurring problems that the education sector continues to face. Cointelegraph went on a mission to see if nonfungible tokens (NFT) can provide a solution to these headaches found in the education sector.  One of the pressing issues in education is fake credentials . On May 18, the Washington Post reported that there are about 2,800 people who purchased their credentials without attending the proper classes. They were able to pass the National Council Licensure Examination in the United States. Authorities are now trying to find these people. About 2,800 people who bought credentials without attending classes from three unaccredited schools passed the National Council Licensure Examination and presumably have used that shortcut to find work ...

A new NFT warranty service says that protecting collectible digital assets of value can help provide “a sense of security and trust” and encourage new users. The Web3 space has seen its fair share of exploits in the recent past with more than $320 million exploited by hackers in the first quarter of 2023 alone. For many users, particularly prospective users, having security for digital assets is a top priority.  A new nonfungible token (NFTs) warranty service from Web3 payment provider Wert and InsurTech service Avata is trying to troubleshoot the gap in asset Security for collectors both active and prospective. According to the announcement the opt-in warranty for NFTs will cover up to 90% of the value of the digital assets for any NFTs that are compromised at the hands of a smart contract hack. Cointelegraph spoke with George Basiladze, the co-founder and CEO of Wert, who said a solution like this helps bridge the "trust" gap, while offering needed protection to an array o...

Natural language processing libraries, including NLTK, spaCy, Stanford CoreNLP, Gensim and TensorFlow, provide pre-built tools for processing and analyzing human language. Natural language processing (NLP) is important because it enables machines to understand, interpret and generate human language, which is the primary means of communication between people. By using NLP, machines can analyze and make sense of large amounts of unstructured textual data, improving their ability to assist humans in various tasks, such as customer service, content creation and decision-making. Additionally, NLP can help bridge language barriers, improve accessibility for individuals with disabilities, and support research in various fields, such as linguistics, psychology and social sciences. Here are five NLP libraries that can be used for various purposes, as discussed below. NLTK (Natural Language Toolkit) One of the most widely used programming languages for NLP is Python, which has a rich ecosystem ...

Cathie Wood was impressed that Bitcoin “moved in a very different way” compared to the equity market in response to the recent banking crisis. The value proposition of Bitcoin (BTC) is on full display amid the current banking crisis , which will only “ attract more institutions ” to the BTC market over time, ARK Invest CEO Cathie Wood believes. Wood shared her thoughts on BTC’s recent price surge in a March 21 Bloomberg interview, stating its price behavior through the crisis “is going to attract more institutions.” “The fact that Bitcoin moved in a very different way from the equity markets, in particular, was quite instructive,” she added. ARK Investment Management CEO Cathie Wood says the behavior of the Bitcoin's price through the latest banking turmoil will attract more institutions and investors https://t.co/2d8cT7SX3n pic.twitter.com/Eaymh05lhq — Bloomberg Crypto (@crypto) March 21, 2023 Institutional interest in Bitcoin may have already arrived according to Oliver...