Bitcoin Miners’ June Revenue Dips Slightly Below May
1.7.2024
The revenue generated by bitcoin miners slightly declined in June, totaling $963.67 million, down from May’s $964.24 million. Additionally, the hashprice, or the expected value of one petahash per second (PH/s) of hashpower, decreased from $57 per PH/s to the current $48. Bitcoin...
Ripple vs SEC case moves forward, awaits final verdict
1.7.2024
The SEC vs Ripple legal battle will have implications. It will be on XRP, and the token is speculated to experience volatility. One safe bet is for Ripple to win the verdict in its favor by defying the SEC’s allegations that it is involved in offering unregistered securities. The allegation...
Circle Snags First Stablecoin License Under EU's New MiCA Crypto Rules
1.7.2024
Circle Mint France will issue the euro-denominated EURC stablecoin and USDC in the European Union in compliance with MiCA
Germany moves more seized Bitcoin – Will BTC hold above $60K
1.7.2024
Historically, traders know the weekend to carry negative sentiments for the crypto industry, especially Bitcoin. Last weekend in June, the crypto market shed millions, with BTC trading below $61,000. Germany has moved more seized BTC during early morning trading hours. Will BTC hold above $63K...
Elon Musk hints at the release dates of Grok 2 and Grok 3
1.7.2024
Elon Musk has announced that Grok 2 could go live in August and Grok 3 could be available by the end of this year. The announcement comes after the successful rollout of the Grok 1.5 chatbot. Grok 2 is expected to be a huge improvement, backed by advanced AI features. These dates are tentative...
Robinhood Acquires AI Investment Research Platform
1.7.2024
Robinhood Markets, Inc. has acquired Pluto Capital Inc., an Artificial Intelligence (AI)-powered investment research platform. Pluto delivers highly-customized investment strategies based on individual customer needs and financial goals. With this strategic move, Robinhood aims to enhance...
Gemini and Peter McCormack’s football club sign a 5-year Bitcoin sponsorship deal
1.7.2024
Gemini has announced a five-year sponsorship deal with Real Bedford, a football club co-owned by Peter McCormack. The objective is to support football’s success while enhancing children’s education opportunities. The sponsorship agreement includes an investment of $4.5 million in April...
Worldcoin: Unlocking the future of digital identity with proof of personhood
1.7.2024
This episode of Decentralize with Cointelegraph explores how Worldcoin is pioneering the future of digital identity through its innovative use of biometric orbs and the revolutionary proof of personhood concept
Biden's Blunder Ignites Trading Frenzy on Polymarket
1.7.2024
Odds that the president will drop out of the race surged as high as 50% after the debate before leveling off at 40% on the crypto-based prediction market
Crypto Market Bounces Back, Mog Coin and ENS See Double-Digit 7 Day Gains
1.7.2024
On Monday, July 1, 2024, the overall crypto economy rose by 2.31%, reaching a total value of $2.31 trillion. Bitcoin increased by 2.8% this week, and ethereum climbed 4.8%, while several digital assets posted double-digit gains. Leading the performance chart over the past seven days was mog coin...
Shiba Inu price eyes higher ground after massive token burn
1.7.2024
Shiba Inu ($SHIB) is up 1.10% in the last 24 hours; however, it could be an understatement. The token is poised to inch a lot higher in the days to come. This stems from the recent revelation by Shibburn wherein the tracker stated that over 900 million SHIB tokens were burnt in June 2024. This...
CoinDesk 20 Performance Update: NEAR and AVAX Lead
1.7.2024
Over the weekend, NEAR and AVAX lead the CoinDesk 20 with only one asset posting a loss