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 strategies by
July 12, 2023
The price of BNB token has experienced a 24.5% decline over the past 90 days, despite a 7% gain between July 10 and July 11. BNB has performed worse than the overall altcoin market, indicating that the underlying cause for
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 this year. Against the backdrop of the recent crypto winter and continuing
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 were expecting the year-on-year consumer price
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 owned
Bitcoin (BTC) mining difficulty reached an all-time high of 53.91 trillion units after the latest difficulty adjustment on July 12. It is a measure of how difficult it is to mine Bitcoin blocks. The blockchain adjusts its difficulty every two
The South Korean government is continuing to develop tighter regulations targeting the cryptocurrency industry with the introduction of new asset disclosure rules. On July 11, South Korea’s Financial Services Commission (FSC) announced a new bill that will require all firms
The world of crypto and Web3 is fast-moving, with new trends emerging all the time. However, the industry has a bit of a problem when it comes to public perception. Figures from Pew Research Center suggest that among Americans who
Bank of China, one of the largest state-owned banks in China, is currently conducting trials for a novel offline payment system that connects to SIM cards. This payment method is designed specifically for the digital yuan, also known as the
