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Balaji Srinivasan Explains Why Crypto Will Dominate Post-AI Money Systems

19.6.2024
Balaji Srinivasan argues that in the era of AI, money will become cryptocurrency, providing digital scarcity to complement AI’s digital abundance. “AI is digital abundance but it doesn’t make everything abundant. Crypto is digital scarcity and complements AI’s abundance. So money after...

Ripple CEO: Pro-Crypto Stance Will Win Votes in Upcoming Elections

19.6.2024
Ripple CEO Brad Garlinghouse expressed his view on the political landscape in the U.S. regarding cryptocurrency regulation on social media platform X on Monday. “You’ll hear this a lot more in the next few months in the U.S. — candidates will only gain votes for being pro-crypto,...

Retail crypto market growth in Canada driven by market factors, regulation

18.6.2024
Crypto platform WonderFi has swallowed up several of its competitors in Canada and expects to reap the benefits

Multiple US States Have Revoked Binance US Crypto Licenses

18.6.2024
Multiple U.S. states have revoked or declined to renew Binance US money transmitter licenses due to compliance issues and legal troubles involving former CEO Changpeng Zhao (CZ). “North Dakota joins Alaska, Florida, Maine, North Carolina, and Oregon who have taken similar actions to revoke...

Canada lacks engagement from lawmakers on crypto — Coinbase exec

18.6.2024
The Canada country director for Coinbase said local regulators were “much more collaborative” with the industry than their U.S. counterparts, but politicians were falling short

Coinmetrics Report Explores the Risks of High FDVs in Crypto Markets

18.6.2024
A new report by Coinmetrics, along with researchers Victor Ramirez, Matías Andrade, and Tanay Ved, delves into the complexities of crypto tokenomics. The report explores the intricate balance of token distribution, valuation, and market impact. Understanding FDV and Token Float: Key Insights...

Blackrock’s Cohen Discusses Financial Advisors’ Cautious Approach to Spot Bitcoin ETFs

18.6.2024
Blackrock’s chief investment officer of ETF and Index Investments discussed the cautious approach financial advisors take toward spot bitcoin exchange-traded funds (ETFs) due to price volatility and regulatory concerns. “Their job is really to construct portfolios and do the risk...

Hashdex files with SEC for combined spot Bitcoin and Ether ETF

18.6.2024
If approved, the crypto ETF would be the first of its kind, but probably not the last

Crypto Market Slump, is Bitcoin Price Drop The Cause?

18.6.2024
The Crypto community rejoiced after the crypto winter finally came to an end and Bitcoin rallied to an all-time high of over $70k. However, there is a major concern growing among holders as Bitcoin price recently dropped below $65k suggesting the onset of a bearish market. The effect of BTC price...

Transak Lists Paypal’s PYUSD for Easier Crypto Access

18.6.2024
According to an announcement, the Web3 and crypto firm Transak listed Paypal’s stablecoin, paypal usd (PYUSD), on its platform. This integration allows users to purchase PYUSD using various local payment methods, aiming to simplify the transition to cryptocurrencies. PYUSD Listed on Transak...

Dydx Chain Launches New Software Version, Adds Slinky Oracle for Real-Time Price Updates

18.6.2024
The decentralized finance (defi) protocol, Dydx, has officially launched version 5.0.0 of its blockchain software, introducing innovative trading features aimed at enhancing market dynamics and user control. This update, approved by the Dydx community, includes the implementation of isolated...

Tether Launches Alloy, Opening the Gates for Issuing Gold Standard Compliant Assets

18.6.2024
Tether, one of the largest companies in the stablecoin arena, has announced the launch of Alloy, a series of assets pegged to the value of another asset, but collateralized with gold. The first token in the Alloy lineup is AUSDT, which will track the value of the U.S. dollar using Tether Gold...

Ethereum price to $10K is the most 'asymmetric bet' in crypto — Analyst

18.6.2024
Ether’s potential move to $10,000 would result in a 194% price increase from the current levels, but ETH continues struggling to break the $4,000 mark

Ethereum’s recent pullback could be a gift: Dynamo DeFi, X Hall of Flame

18.6.2024
Dynamo DeFi isn’t expecting Ethereum to double anytime soon due to the ETFs but says the recent pullback could be a “gift.” X Hall of Flame

Cleanspark Acquires 5 Bitcoin Mining Facilities in Georgia for $25.8 Million

18.6.2024
Cleanspark Inc. has announced the acquisition of five new bitcoin mining facilities in Georgia for $25.8 million. The deal is expected to close immediately, increasing the company’s operating hashrate to over 20 EH/s by the end of the month. Publicly Listed Miner Cleanspark Obtains 5...

Bitcoin Price Decline Continues, Dipping to $64,050 on Bitstamp

18.6.2024
The price of bitcoin (BTC) fell below the $65,000 mark on Tuesday, reaching a low of $64,050 on Bitstamp. At 10:10 a.m. Eastern Time, BTC was trading at around $64,624 per coin. The last time BTC was in this price range was mid-May. Over the past 24 hours, $68.3 million in bitcoin long positions...

Bitmain’s New S21 Bitcoin Mining Rigs Debut With up to 473 TH/s of Hashpower

18.6.2024
At the World Digital Mining Summit in Las Vegas, Bitmain, a leading manufacturer of application-specific integrated circuit (ASIC) bitcoin mining rigs, introduced two new mining machines. Both models—one air-cooled and one hydro-cooled—boast an efficiency rating of under 14 joules per terahash....