The United States has fallen to 25th place in the world for economic freedom, according to a report by Reason magazine. This decline in economic freedom has caught the attention of executives and analysts in the crypto industry. The report attributes the fall…
The integration of ChatGPT, an advanced natural language AI implementation, with Hedera, the decentralized network supporting the $HBAR cryptocurrency, is expected to enable secure and streamlined interactions between the AI tool and Hedera’s services. This integration allows ChatGPT to retrieve HBAR and other…
The price of ADA, the cryptocurrency of Cardano, is gradually increasing from the $0.250 level against the US dollar. It is currently trading above $0.275 and the 100 simple moving average on the 4-hour chart. There is a bullish trend line forming with…
A British national has been sentenced to five years in prison for hacking into the Twitter accounts of prominent U.S. politicians and businessmen. The hacker, Joseph James O’Connor, also faced charges of stealing cryptocurrency and cyberstalking victims. O’Connor’s guilty plea followed his extradition…
Despite Bitcoin reaching a new 2023 high, the amount of dormant Bitcoin supply is increasing as investors are reluctant to sell. This trend is evident in the record highs of Bitcoin supply that has not moved in at least a year. Analysts suggest…
Ethereum is currently experiencing a correction from its resistance at $1,920. The price is currently above $1,865 and the 100-hourly Simple Moving Average. On the hourly chart of ETH/USD, a bearish trend line is forming with resistance near $1,890. If the support at…
Acting Comptroller of the Currency, Michael J. Hsu, has issued a warning about potential risks to the US banking system. Hsu advises banks to be cautious as credit markets begin to weaken, urging them to guard against a false sense of comfort from…
The price of Bitcoin is currently experiencing a correction after reaching the $31,400 zone. It is now trading below $30,500 and the 100 hourly Simple moving average. On the hourly chart of the BTC/USD pair, there is a bearish trend line forming with…
A recent report by the International Monetary Fund (IMF) indicates that there is a high level of interest in central bank digital currencies (CBDC) in Latin America and the Caribbean. A survey conducted with governments in the region revealed that half of the…