Users of the World App will be the first to experience face recognition technology, according to Worldcoin. According to an announcement, the new function is a private 1:1 face comparison. That guarantees that the World App may only be accessed by the person who validated their World ID at an
Bitcoin (BTC) is currently trading at $62,046.34, showing a 2.83% increase in the past day. The leading cryptocurrency maintains a market cap of $1.23 trillion, securing its position as the top digital asset in the market. Over the last 24 hours, the trading volume reached $46.08 billion, reflecting a 17.22%
Coinbase CEO Brian Armstrong and Industry experts swiftly dismissed allegations that the company was issuing Bitcoin IOUs to BlackRock, the issuer behind the largest spot Bitcoin ETF. Over the weekend, crypto analyst Tyler Durden accused Coinbase of allowing BlackRock to borrow Bitcoin without collateral, raising concerns over potential market manipulation
Ethereum (ETH) is currently trading at around $2,312, slightly upward over the past 24 hours. However, recent fluctuations have kept traders on alert. Moreover, the much-anticipated Ethereum Exchange-Traded Funds (ETFs) could soon drive new institutional investment. These funds are expected to bring more capital into Ethereum’s ecosystem. In whale movements,
The Federal Open Market Committee (FOMC) begins its meeting today, with a decision on interest rates expected to significantly influence market dynamics. The prevailing speculation is that the US Federal Reserve will announce a rate cut after the two-day event, potentially impacting Bitcoin and the broader crypto market. Historically, interest
The crypto market seems determined to abstain from upward movements in the past few months. The May bull run left investors hoping for huge price actions in the following months which the crypto market has failed to deliver. In the past week, cryptocurrencies again entered a bull-bear price cycle escalating
MicroStrategy, a business intelligence company known for its large investments in Bitcoin, is planning to raise $700 million through the MicroStrategy convertible senior notes to fund more Bitcoin purchases and manage its debt. CEO Michael Saylor announced that MicroStrategy will use $500 million from the offering to repay senior secured
Dogecoin’s price has soared 4% since yesterday after Elon Musk reminisced about his 2021 Dogefather skit on Saturday Night Live. Meanwhile, ETFSwap (ETFS) sells fast in its third presale stage, raising over $1.29 million in three days. Dogecoin Soars As Elon Musk Discusses Dogefather SNL Skit During an interview at
The crypto community rejoiced at a full-fledged price recovery in the last 24 hours. After a prolonged price slump over the past few weeks, leading cryptocurrencies retraced to their previous trading levels. Bitcoin returned to the spotlight as prices reached $60K in the Asian early morning hours of September 14.
James Fickel, founder of Amaranth and known for his bullish stance on the ETH/BTC trading pair, has swapped another 5,000 ETH, valued at $11.3 million, for 204.8 WBTC at a 0.041 ETH/BTC rate over the past six days. This move follows his earlier actions on August 11, when he swapped
