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Crypto Industry Experts React as Trump’s Re-Election Shakes up Digital Assets
7.11.2024
With the U.S. 2024 election behind us and Donald Trump now set to return to the White House, voices across the crypto industry are buzzing. Many experts eagerly shared their views with Bitcoin.com News, providing a window into the community’s expectations and potential shifts in...
Tether to Perform $2 Billion USDT Chain Swap to Ethereum
7.11.2024
Tether will transfer a portion of its USDT cold wallets from other blockchains to USDT on Ethereum via a chain swap. The overall supply of USDT will remain unchanged. Tether to Allow Traders to Utilize USDT Across Blockchains A chain swap is a procedure used to transfer cryptocurrency between...
Polymarket vs. Polls: Trump’s Victory Vindicates Prediction Markets
7.11.2024
Haseeb Qureshi, managing partner at the VC crypto fund Dragonfly, believes that prediction markets like Polymarket have been vindicated after facing accusations of bias in anticipation of the U.S. election. Qureshi highlights that for-profit market makers are driven by potential earnings, giving...
Dos and Don’ts: Finance Minister Explains Russia’s Cryptocurrency Strategy
7.11.2024
Anton Siluanov, Russia’s Finance Minister, has clarified how cryptocurrency will be utilized in the country’s financial system now that mining has become legal. Siluanov stated that international settlements will be the primary use case for crypto. Finance Minister States Russia’s...
Voting Starts for the ftNFT YoCerebrum Awards 2024
7.11.2024
PRESS RELEASE. The ftNFT YoCerebrum Awards 2024 invites everyone to participate in the final voting phase to celebrate excellence in the NFT space. The voting period runs from November 6-10, 2024. The jury voting took place from November 1 to November 5, where a group of distinguished experts...
US Spot Bitcoin ETFs Rake in a Staggering $621.9M in Inflows in a Single Day
7.11.2024
Data from Wednesday’s trading session reveals that U.S. spot bitcoin exchange-traded funds (ETFs) attracted a notable $621.9 million in positive inflows. Crypto ETFs Soar With Positive Inflows Both U.S. spot bitcoin and ether ETFs recorded gains in Wednesday’s session. According to sosovalue.xyz...
Iranian Rial Plummets to Record Low Following Donald Trump’s Presidential Victory
7.11.2024
Iran’s currency, the rial, plummeted to an all-time low on Wednesday, trading at 703,000 rials to the dollar, following Donald Trump’s victory in the U.S. presidential election. This significant decline, which later slightly recovered, signals new economic challenges for Tehran amid ongoing...
Decentralized AI Platform Singularitynet Launches Self-Improving Bot in Minecraft
7.11.2024
Decentralized artificial intelligence (AI) platform Singularitynet has announced the launch of AIRIS (Autonomous Intelligent Reinforcement Inferred Symbolism) within the popular game Minecraft, in collaboration with the Artificial Superintelligence Alliance (ASI). According to the developers, AIRIS...
UAE and Chinese Investment Firms Partner on Ethiopian Energy Infrastructure Project
7.11.2024
Hodler Investments and GCL Energy Investment have partnered to develop a distributed energy infrastructure project in Ethiopia to power next-generation data centers. Boosting Ethiopia’s Data Center Market The United Arab Emirates (UAE) investment firm Hodler Investments has partnered with...
Vires in Numeris: Ethereum’s Main Rival Grows in October, Flips BNB to Become the Fourth Largest Token
7.11.2024
In October, Solana outperformed Ethereum in several key metrics. The token surpassed Ethereum in market share for decentralized exchanges, economic value, and liquidity inflows. Additionally, SOL demonstrated strong price performance, reaching over $180 on election day and flipping BNB. Solana...
Web3 Gaming Hype Fizzles: Developer Blames Unrealistic Expectations
7.11.2024
Riccardo Sibani, Chief Product Officer (CPO) at the Web3 gaming platform My Neighbor Alice, believes the hype surrounding Web3 gaming has cooled due to unfulfilled promises and unrealistic expectations. Web3 Gaming Needs Time to Deliver on Promises Sibani, a blockchain developer, further argues...
Former Employee’s Hidden Code Turns Workplace Into Crypto Mine
7.11.2024
A Minnesota man, Joshua Paul Armbrust, 44, has been indicted for a “cryptojacking” scheme that exploited his former employer’s computing resources to mine ether (ETH), causing over $45,000 in damages, according to the U.S. Attorney’s Office for the District of Minnesota....
Beyond the Dollar: Russia’s Path to Economic Independence Emerges
7.11.2024
Russia is reshaping global finance, pivoting from the dollar to local currencies as more nations rally for alternatives to U.S. dominance in global transactions. A New Currency Frontier? Russia’s Strategy Signals Global Shift Kremlin spokesman Dmitry Peskov emphasized on Wednesday that Russia...
The Rising Force: Growing BRICS Relations Signal a New Economic Powerhouse
7.11.2024
BRICS is expanding rapidly, strengthening ties as its growing membership boosts market capacity and cements its position as a major global economic force. Inside the Economic Surge of BRICS – A New Global Power Bloc Emerges The BRICS economic bloc is experiencing rapid growth, with its expanding...
Bitcoin Taps Intraday High of $76.4K—Is This the Start of a Golden Bull Era?
7.11.2024
Bitcoin (BTC) hit a peak of $76,481 on Bitstamp shortly after 3 p.m. EDT Wednesday. By 7:30 p.m., the flagship cryptocurrency hovered at $75,297 per coin. Market Chaos as Bitcoin Short Sellers Take a $242M Hit The day brought bitcoin a solid gain of over 9% against the U.S. dollar as of 7:30 p.m....
Dogecoin Primed for Massive Breakout: Peter Brandt Says ‘In Musk We Trust’
7.11.2024
Dogecoin is set for a major rally, with veteran trader Peter Brandt forecasting new all-time highs as Elon Musk’s influence and a channel breakout drive momentum. Peter Brandt Predicts DOGE Rally: Channel Breakout Signals New Highs With Elon Musk in Play Veteran trader and chart analyst Peter...
TRON Unites as Silver Sponsor at SmartCon, Justin Sun Announces TRON Integration With Chainlink Data Feeds
7.11.2024
PRESS RELEASE. Geneva, Switzerland, November 6, 2024 – Justin Sun, Founder of TRON, Global Advisor of HTX and Prime Minister of Liberland, delivered a keynote address at the Chainlink SmartCon, held in Hong Kong from October 30 -31. This industry-leading conference brought together...
Kenya Collects Over $77M in Taxes From 384 Crypto Traders
6.11.2024
The Kenyan government collected $77.5 million tax revenue from cryptocurrency traders in the last fiscal year. Kenya Seeks $465 Million in Crypto Taxes The Kenyan government collected $77.5 million (10 billion shillings) in taxes from cryptocurrency traders during the 2023-24 financial year...
Solama: The Best Online Crypto Casino of 2025 Has Arrived – And It Stands Out
6.11.2024
On November 1, the crypto meme community introduced an innovative online casino, Solama’s Casino. But this isn’t just another addition to the crypto gambling world—it’s a new paradigm where 100% of the casino’s net profits are reinvested back into the Solama token project. Every dollar earned...
Hut 8 Gears up for a Mining Power Surge With 31K New Bitmain Antminers
6.11.2024
Hut 8 Corp., a North American bitcoin miner, has unveiled plans to enhance its application-specific integrated circuit (ASIC) fleet, aiming for a boost in self-mining efficiency and expanded hashrate capacity by early 2025. Hut 8 Moves to Boost Mining Efficiency With ASIC Fleet Upgrade As part...