ChatGPT Says AI Can Help Bitcoin Reach $100k in 2024
According to ChatGPT 4.0, it could push Bitcoin’s price up to about $100,000 through its influence on market analysis, trading strategies, and blockchain technology development. If the price of Bitcoin BTC reaches $100,000 in 2024, artificial intelligence (AI) may have some bearing, according to GPT-4, the most recent iteration of the AI chatbot ChatGPT. Cointelegraph […]
MicroStrategy Buys 14,620 Bitcoins for $615.7 M
In anticipation of a spot Bitcoin exchange-traded fund (ETF) approval, business intelligence firm MicroStrategy buys 14,620 Bitcoins, increasing its total stash to 189,150 BTC Between November 20, 2023, and December 26, 2023, MicroStrategy and its subsidiaries acquired an additional 14,620 BTC for $615.7 million in cash, the company disclosed in its 8-K filing with the […]
Memecoins, New Protocols Reinvigorated Bitcoin Ecosystem
Following their inception in January, BRC-20 tokens surpassed $4 billion in market capitalization, signifying a dramatic recovery within the Bitcoin ecosystem. A research report dated December 15 from online cryptocurrency exchange Bitget states that the revenue from Bitcoin miners through on-chain fees has experienced a substantial increase from 1.7% in August to 19.57% by November. […]
Bitcoin Demand, Fees Soar Due to Spot ETF Hype
The anticipation that the United States will soon authorize a spot Bitcoin exchange-traded fund (ETF) has boosted demand for the leading Bitcoin and caused a surge in transaction fees. According to statistics compiled by CryptoFees, the Bitcoin blockchain received $11.6 million in fees paid on November 16. According to data from YCharts, the mean transaction […]
CoinEx Resumes BTC Deposits and Withdrawals
CoinEx exchange plans to finalize the reconstruction of its wallet system by September 21, 2023, enabling deposit and withdrawal services for widely used cryptocurrencies. However, to prevent the permanent loss of assets, users are required to utilize the new deposit addresses. CoinEx exchange has announced its intention to complete the reconstruction and deployment of its […]