Several analysts had predicted that the conversational AI, ChatGPT, could have a positive impact on the crypto industry. The tool has been put to the test to predict the possibilities of price growth in cryptocurrencies. Here is its forecast.
Soon, Game Boy owners will have the opportunity to turn their devices into hardware wallets to hold their crypto. The project, known as Game Wallet, has been made public by Joseph Schiarizzi, a developer at Keyp. This Web3 startup aims to use a physical cartridge to harness the power of Nintendo Game Boy and transform it into a secure cold storage wallet for cryptographic assets.
According to Balaji Srinivasan, our governments can deprive us of our cryptocurrency assets if they want to. They can indeed use Apple, through our iPhones and iPads, and Google if necessary. Let's explain!
In a recent interview, Jeremy Allaire, CEO of Circle, emphasizes the urgency of taking the threat of de-dollarization seriously. As more nations take steps to reduce their dependence on the US dollar, Allaire warns of the potential consequences of this growing trend.
As the United States faces the risk of defaulting on its debt, urgent actions are needed. One of them is to raise the debt ceiling. Some politicians, particularly Republicans, would like negotiations in this regard to take into account the interests of crypto firms. But for President Biden, that's a no-go!
In a recent article, Vitalik Buterin warns against the excessive use of Ethereum's consensus. While Ethereum is considered one of the most secure crypto protocols, its misuse can lead to systemic risks. Buterin explains why certain techniques, such as using Ethereum validators for other protocols, should be discouraged and combated.
Currently, Bitcoin (BTC) seems to be facing difficulties, struggling to gain momentum. Indeed, the price of the flagship cryptocurrency is having a hard time surpassing the $27,000 mark. This situation is causing a lot of concern within the Bitcoin community. There are now many uncertainties regarding the future trajectory of the crypto's price. However, some analysts are already predicting a bleak future for the queen of cryptos. One of them, renowned strategist Michael J. Kramer, recently expressed particularly pessimistic views on the future price of BTC.
Many people are currently betting on Bitcoin to cope with the ongoing financial crisis that has been plaguing us for several months now. However, Mike McGlone, Bloomberg's macro strategist analyst, wanted to warn them: the price of Bitcoin (BTC) may experience an exponential drop in the coming months.
In recent years, the Securities and Exchange Commission (SEC) has fiercely opposed the creation of a Spot Bitcoin ETF. Some exchange-traded fund (ETF) experts believe that this trend is not going to change anytime soon.
It can be said without a shadow of a doubt that Russia is practicing a policy of relaxation when it comes to cryptos. Unofficially, at least, the country is no longer opposed to their emergence as it was a few months ago. As a result, their usage should logically gain ground.