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Crypto Industry Future: Insights From Marathon Digital’s CEO on Trump and Biden
25.6.2024
Marathon Digital’s CEO has shared his insights on the future of the crypto industry and the potential impact of the upcoming presidential election. The executive observed that the Biden administration has historically been hostile to bitcoin and crypto through its various agencies. However...
Bitcoin will protect the wealth that AI creates: Pompliano
25.6.2024
AI machines will need to use and store their wealth somewhere, and Bitcoin is the logical choice for that, Anthony Pompliano says
Robert Kiyosaki on Bitcoin Crash: Most People Should Sell — He’s Waiting to Buy More, Follow Warren Buffett’s Strategy
25.6.2024
Rich Dad Poor Dad author Robert Kiyosaki says most people should sell bitcoin now that the price of the cryptocurrency is “crashing.” However, he affirmed that he is waiting to buy more bitcoin, emphasizing that “all markets go up and down.” The famous author noted that...
JPMorgan: Bitcoin Miners’ Market Cap Jumps 22% Following AI Hosting Deal
25.6.2024
Global investment bank JPMorgan has observed a notable surge in investor interest in bitcoin miners after Core Scientific announced it would host 200 MW of GPUs for AI hyperscaler Coreweave. According to JPMorgan, the combined market capitalization of 14 tracked miners has increased by $4 billion...
President of Jump Crypto steps down
24.6.2024
Kanav Kariya announced his resignation amid reports of a pending investigation into Jump Crypto’s activities and several incidents dating back to 2022
Kaiko Research: Latam Crypto Traders Prefer Stablecoins Over Bitcoin
24.6.2024
Kaiko, a leading cryptocurrency market data analytics firm, has found that cryptocurrency users in Latin America prefer stablecoins over bitcoin. In its most recent Latam market report, issued in June, Kaiko determined that 40% of the trading volumes involved Tether’s USDT. This preference...
Market Turbulence Continues as Crypto Outflows Reach $1.2 Billion
24.6.2024
As digital asset markets continue to navigate turbulence, the latest report from Coinshares outlines significant capital outflows, marking a stark shift in investor sentiment. Authored by lead analyst James Butterfill, the findings highlight a consecutive week of outflows totaling $584 million...
Insider: ‘Vulture Contracts’ Affecting Bitcoin Mining Development in Paraguay
24.6.2024
Bruno Vaccotti, Head of Public Affairs of Penguin, a bitcoin mining company, has referred to the existence of what he called “vulture contracts,” and its effects on developing mining operations in Paraguay. Vaccotti stated that large amounts of energy have been assigned through these...
Louisiana’s new crypto law protects node operators, bans CBDC
24.6.2024
The U.S. state of Louisiana has updated its legislation to ban the use of central bank digital currencies and to establish rules for digital asset miners and node operators
How DePIN is poised to disrupt the cloud computing industry: Report
24.6.2024
Cointelegraph Research uncovers how DePIN networks and SwanChain’s ecosystem are changing the cloud computing industry
Heavy Sell-Off Sees Bitcoin Drop Below $60K, Over $140M in BTC Longs Liquidated
24.6.2024
Bitcoin’s price fell beneath the $60,000 mark on Monday, declining over 6% against the U.S. dollar. At 1:30 p.m. EDT on June 24, the currency’s price hit an intraday low of $59,809 per coin. Bitcoin Struggles Against Bearish Market, Slides to Near $60K Level This Monday proved...
Chief author behind President Biden’s crypto EO rejoins administration
24.6.2024
Carole House left her position as a crypto adviser at the New York State Department of Financial Services to rejoin the White House in an election year
Why is Bitcoin DeFi blooming? Developers share their insights
24.6.2024
Experts say that the lack of base yield and fragmented liquidity have made Bitcoin DeFi a challenging environment to navigate
Blockchain developer warns of centralization risks as crypto AI race intensifies
24.6.2024
The Kip Web3 AI base layer previously closed an undisclosed funding round from Animoca Brands in April
Crypto investment products see $584M outflow as Bitcoin descends to $60K
24.6.2024
Apprehension over a delay in interest rate cuts, a strengthening DXY and softness in Bitcoin price back the $584 million outflow in crypto investment products
Are market makers manipulating 78% of new crypto listings?
24.6.2024
One formula indicates that up to 78% of new token listings since April 2024 have been conducted badly. Why do market makers seem to be indifferent?
Transak and Privado ID Announce Partnership to Enhance Decentralized KYC Procedures
24.6.2024
Crypto payments gateway solution Transak has teamed up with Privado ID to launch a new “Reusable KYC” service aimed at improving the decentralized identity verification process. This collaboration introduces a novel method that promises to maintain user privacy without compromising...
Jump's Kariya, Who Went From Intern to Crypto Leader, Is Leaving Trading Giant
24.6.2024
The Wormhole hack and Terra/Luna blowup happened while he ran Jump's crypto operation
Week of Woe: Major Crypto Assets Suffer, Some AI Coins Buck Trend
24.6.2024
Over the past week, bitcoin has slid 6.6% while ethereum has lost 5.5% against the U.S. dollar, but a large handful of alternative digital assets saw much bigger losses this past week. The meme coin dogwifhat (WIF) was the week’s biggest loser shedding 31.2% while notcoin (NOT) lost 24.3%...
Bitcoin miner Hut 8 lands $150M investment amid AI boom
24.6.2024
Coatue Management invested $150 million in the Bitcoin miner Hut 8 Corp. due to its capability to power generative AI applications with its high-performance computing