A 35-year-old chief executive officer (CEO) and founder of an online shopping application has been charged with fraud by the U.S. Department of Justice (DOJ) after making false claims that the shopping app was powered by artificial intelligence (AI) agents. But in reality, the agents were not AI but call center workers from the Philippines.
Wholesale bitcoin selling is cooling but not vanishing, Cryptoquant researchers write, as data flags a market tilted toward broad caution. Cryptoquant: Accumulation Rate Hits Two‑Month Lull Cryptoquant’s report observes that daily bitcoin ( BTC) outflows from large holders have retreated to 300,000 BTC, down from 800,000 BTC in late February, yet its analysts note the
A well-known cryptocurrency expert anticipated an upward trend for Dogecoin on Tuesday, after a false breakout in the dog-themed memecoin’s trend. What Happened: A user on X named Trader Tardigrade, who is known for being very positive about Dogecoin, noticed that the coin made a fake breakout for the first time since December 2024. #Dogecoin
Public bitcoin miners offloaded over 40% of their mined BTC in March, signaling renewed financial pressure amid low hash price and rising operational costs. Mining Firms Resume BTC Liquidations to Fund Operations and Growth Public bitcoin mining companies resumed heavy selling in March, parting with over 40% of their monthly BTC output, the highest liquidation
Bitcoin’s positive market sentiment is beginning to build momentum as data indicates buyers are beginning to take over volumes on Binance. Positive feelings about Bitcoin might be coming back, as a key number from Binance, the biggest crypto exchange by trade volume, shows that buyers are beginning to take over most of the trading activity.
This content is provided by a sponsor. PRESS RELEASE. Victoria, Seychelles, 16 April 2025 – Bitget, the leading cryptocurrency exchange and Web3 company, has launched a groundbreaking addition to its affiliate program: the first-ever on-chain affiliate initiative in the crypto exchange sector, offering partners up to 40% in rebates alongside existing commission structures. This innovative
Tether, the company behind the largest stablecoin USDT, has announced it will route both current and future bitcoin mining power to OCEAN, a decentralized bitcoin mining pool. This is part of Tether’s overall plan to support decentralization and secure the Bitcoin network. OCEAN was launched in 2023 by Bitcoin Core developer Luke Dashjr and is
PRESS RELEASE | Apr 11th, Panama – Global leading cryptocurrency exchange Gate.io is marking a significant milestone—its 12th anniversary—by unveiling a comprehensive brand upgrade, including the debut of its new official Chinese name, “Damen“ (大门, meaning “The Gate“). Under the theme “12 Years, One Gate, One World”, Gate.io reflects on its journey of growth and
Ethereum price turned downward again from the $1,690 zone. ETH is currently stabilising and could drop more below the $1,580 support zone. Main Takeaways:- Ethereum’s price turned downward again after it was unable to surpass $1,700 and $1,720. At present, the price is trading under $1,620 and the 100-hourly Regular Moving Average. The price of
A recent Reuters report reveals that China holds 15,000 bitcoin ( BTC) confiscated through criminal investigations. However, officials are currently entangled in deliberations over how to handle these digital assets, as cryptocurrency trading remains prohibited in the country. Local Governments in China Sit on Bitcoin Fortune, Face Legal and Strategic Gridlock Reuters reports that municipal