Argentine Bitcoin surges 🔥, Satoshi-era Bitcoin awakens 🧨, Bitcoin will exceed $150K 💯
Daily Crypto, Blockchain & Web3 Update 2023-08-17
CRYPTOCURRENCY
Bitcoin and Ether now less volatile than oil: Report (3 min read)
Bitcoin and Ether experienced low price volatility in August, reaching a new multi-year low. Both cryptocurrencies remained below their key resistance levels of $30,000 and $2,000, respectively.
Bitcoin soars in Argentina as Javier Milei wins presidential primary (3 min read)
Bitcoin price in Argentina reached a new high of 10.2 million Argentine pesos following the victory of Bitcoin-friendly presidential candidate Javier Milei in a primary election on Aug. 13.
Bitcoin price will surge past $150K if spot ETFs are approved: Analyst (3 min read)
The price of Bitcoin will surge past an eye-watering $150,000 by the end of 2024, as long as the current slew of United States spot-Bitcoin exchange-traded funds (ETFs) are approved, according to investment research boutique Fundstrat.
Satoshi-era Bitcoin awakens: 1,005 BTC mined in 2010 on the move (3 min read)
An anonymous user recently moved a Bitcoin wallet containing 1,005 BTC mined in 2010 to new addresses in multiple transactions. 1,005 BTC, valued at $29 million, has been moved from an old Bitcoin wallet after 13 years, drawing parallels to recent dormant BTC movements.
QUICK LINKS
Google upgrades search engine with AI-powered enhancements (3 min read)
Google introduced a series of enhancements to its search engine on Aug. 15, incorporating advanced generative artificial intelligence (AI) features it says will enhance online information discovery and comprehension.
Axie Infinity’s play-to-earn ‘scheme’ alarms Phillippine National Police (2 min read)
The Philippine National Police Anti-Cybercrime Group (PNP ACG) scrutinized some of the models used by cryptocurrency games, warning Filipino citizens against the various schemes used to extort money from the gaming community.
Bitcoin mining researchers claim new tech ups winning hash chance by 260% (4 min read)
UK company Quantum Blockchain Technologies (QBT) has created AI algorithms to improve the success rate of particular ASIC Bitcoin miners, according to CEO Francesco Gardin.
Shibarium executive issues strong warning about exploitation risks (3 min read)
Lucie, Shiba Inu’s marketing specialist, has cautioned the public against potential exploitation risks on Shibarium, the newly-released Ethereum layer-2 scaling protocol.
Shiba Inu’s Shibarium Ethereum L2 blockchain goes live on mainnet (4 min read)
Shiba Inu launched the Shibarium mainnet, an Ethereum layer-2 scaling solution, on Aug. 16 after months of testing that saw millions of users participate and 21 million wallets created.
SHIB, BONE, LEASH tokens dip amid rumors of $2.5M Shibarium gaffe (3 min read)
The launch of the Shibarium main net, a layer 2 scaling solution for the Ethereum network, appears to have gotten off to a rocky start, at least when it comes to the price of its related tokens.
Ripple Labs bites back against SEC's request to file appeal (2 min read)
Ripple Labs has voiced its opposition to the United States securities regulator’s move toward an interlocutory appeal relating to the summary judgment laid down by U.S. District Court Judge Analisa Torres on July 13.
BitExchange enables XRP options trading, no need for ownership (2 min read)
BitExchange has introduced XRP-linked options on its cryptocurrency derivatives platform. According to an Aug. 17 statement from the exchange, the initiative will allow users to engage in XRP options trading without the need for cryptocurrency ownership.
Colombia central bank recommends limiting CBDC holdings and spending (3 min read)
The Colombian central bank is considering implementing a central bank digital currency (CBDC). It sees potential benefits in placing restrictions on CBDC transactions.
Vitalik Buterin calls X’s Community Notes an example of ‘crypto values’ (3 min read)
Vitalik Buterin, co-founder of Ethereum, analyzed the Community Notes tool from X (formerly Twitter). He compared this feature to an example of "crypto values" on social media.