Author name: Peter

The Commodities Futures Trading Commission Warns Investors about AI-Generated Crypto Asset Trading Algorithms

Background The Commodities Futures Trading Commission (CFTC) has issued a warning to investors regarding the use of artificial intelligence (AI)-created algorithms that claim to provide guaranteed returns on crypto asset investments. The commission advises investors to conduct thorough background research on the individuals or companies offering such AI-generated trading algorithms. Rise of AI-Generated Trading Algorithms […]

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Ethereum Technical Analysis: Low Trade Volume and Selling Pressure Impact ETH

Ethereum Price Dynamics As of January 29, 2024, Ethereum (ETH) is currently priced at $2,247. Over the past 24 hours, the price has fluctuated between $2,246 and $2,284. Despite its market capitalization of $270 billion, the trading volume for ETH remains relatively low. This suggests that investors may be cautious about entering the market. Hourly

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Bitcoin Magazine Partners with Unchained as Official Collaborative Custody and IRA Provider

Bitcoin Magazine is thrilled to announce its new partnership with Unchained, a leading Bitcoin financial services provider, as the Official Collaborative Custody and IRA partner in the United States. This partnership aims to revolutionize the way institutional and enterprise investors interact with Bitcoin and manage their assets. A Better Way to Manage Bitcoin Traditionally, investors

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Bitcoin Technical Analysis: Navigating Signals and Macro Decisions Ahead of Fed Ruling

The Current State of Bitcoin Bitcoin's trading value has been experiencing fluctuations within a dynamic price range over the past 60 minutes. It has oscillated between $42,525 and $42,715. In the last 24 hours, the cryptocurrency's price has swung from a low of $42,340 to a high of $43,853. Currently, Bitcoin holds a market capitalization

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The Rise of the Stablecoin Economy: A Look at the First Month of 2024

Growth in Market Capitalization In the past month, data reveals a significant increase in the combined market capitalization of leading stablecoins, rising from $131.71 billion to $136.56 billion. The top two stablecoins, Tether (USDT) and USD Coin (USDC), experienced notable expansions in their supplies, with increases of 4.8% and 7.2% respectively. Stablecoin Economy on the

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