Ordinal In Freefall: 97% Decrease Sparks Worries About NFTs

Bitcoin Ordinals, once the shining star of the NFT world, is experiencing a significant downturn in both sales volume and transactions, igniting discussions about the lasting appeal of these digital collectibles.  According to a recent report from DappRadar, the fervor that propelled Bitcoin Ordinals to record-breaking heights earlier this year has dwindled, with sales volume plummeting by over 97% from […]

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XRP Takes A Breather And Consolidates Above The $0.50 Mark

Cryptocurrency price analysis brought by Coinidol.com. The XRP price fell significantly, reaching a low of $0.42 on August 17. XRP price long-term forecast: bearish The decline was short-lived as the cryptocurrency price quickly recovered above the $0.50 support level. The bearish momentum has eased over the last 48 hours as the altcoin consolidates above the current level. The August 17 […]

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Bitcoin Ordinals NFT trading volume tanks 98% since May: DappRadar

DappRadar has pointed to an “alarming plunge” in Bitcoin Ordinals nonfungible token user activity, with trading volumes tanking around a whopping 98% since May. In an Aug. 17 report, DappRadar highlighted its data showing that the total Bitcoin Ordinals sales volume had decreased from peak levels of $452 million in May to roughly $3 million as of Aug. 14. In […]

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Bitcoin Bulls Beware: Sub $20,000 Nightmare Looms, Analyst Foresees Extended Downturn

In a shocking twist, Bitcoin (BTC), the undisputed king of cryptocurrencies, has plunged to levels not seen since the early days of 2023. The battle-hardened Bitcoin bulls have suffered another crushing defeat, leaving investors on edge, anxiously pondering whether the dreaded sub $20,000 abyss will haunt them again. With relentless uncertainty gripping the market, the burning question lingers: Has Bitcoin […]

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IBM blockchain and AI expert says ChatGPT poses several ‘key risks’ for enterprise use

Chief technology officer of IBM Automation Jerry Cuomo recently published a blog post laying out what he claims are several risks associated with using ChatGPT for enterprise.  There are several key risk areas, according to the blog post, that businesses should consider before operating ChatGPT. Ultimately, however, Cuomo concludes that only non-sensitive data is safe with ChatGPT: “Once your data […]

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6 types of trading accounts from Tipitek

Tipitek represents a revolutionary achievement in the cryptocurrency industry. The company easily integrates all the essential elements required for convenient and profitable cryptocurrency trading. Discover the unparalleled benefits, features, and opportunities of Tipitek trading accounts. This is the first thing that catches the attention of prospective users of a particular platform. They are interested in the minimum investment amount, fees, […]

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SpaceX: Why Did They Sell $373 Million In Bitcoin Holdings?

SpaceX, the aerospace company founded by tech mogul Elon Musk, reportedly took a significant step in reshaping its financial portfolio by recording a write-down of $373 million on its Bitcoin holdings in the past two years.  According to a report from The Wall Street Journal, the company not only acknowledged the devaluation of its Bitcoin assets but also indicated the […]

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Ether whale dumps $41M days before the market crashed

A crypto whale holding massive amounts of Ether (ETH) sold $41 million worth of the asset a few days before the market crashed, avoiding a potential $5-million loss.  The trade was flagged by the blockchain analysis platform Lookonchain, which follows and shares what it considers to be smart trades. On Aug. 18, the crypto whale deposited 22,341 ETH on the […]

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