What needs to happen for Ethereum (ETH) price to reach $4K?
Ethereum’s Achilles heel is institutional adoption, scalability, and sustainable DApp ecosystem growth.
Posts published by Cointelegraph.com News 171/647
Sen. Lummis introduces Bitcoin Strategic Reserve bill in Senate
The pro-crypto Wyoming senator hopes the United States will purchase 5% of Bitcoin's total supply as a strategic reserve asset.
BIS, Bank of England unveil Project Pyxtrial for stablecoin monitoring
The proof-of-concept showed that real-time monitoring of stablecoin reserves could be achieved with cooperation among regulators, technologists and issuers.
OpenAI finally launches ‘Advanced Voice Mode’ to select ChatGPT users
Early previews of the tech were remarkable, but fears remain over its potential misuse.
Stablecoin growth soars as crypto global mass adoption ramps up
Steady growth in the market cap of many stablecoins highlights investors’ interest in all aspects of the crypto market.
'Whales are preparing for the next altcoin rally' — CryptoQuant founder
According to pseudonymous crypto trader Mags, the altcoin market broke out after 525 days of accumulation and will likely resume an uptrend.
USDC trading volume soars 48% in July, driven by MiCA, market growth
The market capitalization of stablecoins increased by 2.1% to $164 billion in July, the highest level since April 2022.
Artists sue SEC over NFT status, DraftKings kills NFT business: Nifty Newsletter
Two artists have taken legal action to demand clarification from the SEC over the status of NFTs.
Coinbase L2 Base hosts 80% of active Uniswap traders — Token Terminal
Coinbase’s layer-2 blockchain hosts approximately 80% of Uniswap’s monthly active traders.
US Copyright Office reports ‘urgent need’ for protection from deepfakes
The Office is calling for the creation of a new law to deal with digital replicas.
Regulators are misguided in efforts to restrict open-source AI
Lawmakers in Europe and California are worried about that open-source AI is "dangerous." On the contrary — there is nothing dangerous about transparency.
Bybit introduces Indian digital rupee CBDC payment option
The use of the CBDC on the cryptocurrency exchange will enhance security and, it hopes, attract merchants.
Price analysis 7/31: BTC, ETH, BNB, SOL, XRP, DOGE, TON, ADA, AVAX, SHIB
Bitcoin bulls have held the $65,000 level, but BTC and altcoin charts show it's too early for traders to expect a short-term trend reversal.
Hashrate recovery reduces Bitcoin miners’ selling pressure in July
Miner revenues soar 50%, pushing Bitcoin hashrate higher and reducing selling pressure from miners’ reserves.
Arthur Hayes reveals philosophy behind ‘Airheads’ Ordinals collection
Users can choose to complete quest-like directives to receive Airheads or outright purchase the inscribed art through a “Whale Pass.”
Nvidia stock jumps 11% after SIGGRAPH unveil: ‘next wave of AI is robotics’
We’re entering the “third wave” of AI and the era of mechanical humanoids, according to Nvidia.
Tether reports record-breaking $5.2B profit in first half of 2024
Tether said its US Treasury reserve surpasses the size of all but 17 of the world’s governments.
Biden adviser who attended crypto roundtable joins pro-Harris Super PAC
The Future Forward PAC has previously accepted donations from former FTX CEO Sam Bankman-Fried, which may be subject to forfeiture.
Daylight secures $9M funding for distributed energy, testnet launch
Daylight’s testnet will allow users to plug in distributed energy devices such as smart thermostats, solar inverters, batteries, electric vehicles and chargers and energy monitors.
Bitcoin traders see $63K sweep with FOMC, BTC price monthly close next
BTC price volatility begins ahead of key US macro pointers from the Federal Reserve, with traders hoping that Bitcoin will sweep liquidity lower in its range.
‘Elon Musk at Bitcoin 2024’ scam, Lazarus Group hacks, MOG phishing: Crypto-Sec
Deepfake Elon Musk Bitcoin 2024 livestream, MOG holder phished for $148K, stupid ransomware backdoor in ESXi server software. Crypto-Sec.
How Tron’s upgrades are reshaping the digital economy: Report
Tron outperforms the altcoin market with groundbreaking developments and robust metrics. Our comprehensive report provides a closer look at Tron’s advancements.
Yield-bearing Treasury-backed stablecoin USDY launches on Aptos
Stablecoin issuers are becoming some of the largest buyers of United States government debt at a time of increased de-dollarization.
Sky Mavis co-founder breaks down Ronin’s surge in active users
Sky Mavis co-founder Jeffrey Zirlin believes that Ronin has a “dedicated and resilient community” that has been built since the launch of Axie Infinity.
Crypto PACs are spending big on US elections — What it means for the industry
Political action committees supporting the cryptocurrency industry are raising hundreds of millions of dollars.
OpenAI backs Senate bills to advance AI safety and accessibility
OpenAI’s support for these bills highlights a broader vision for AI that balances safety, accessibility and the potential for educational progress.
EU AI Act comes into effect — Here’s what to expect
The European Union’s AI Act takes effect on Aug. 1. It introduces significant regulations for artificial intelligence through phased implementation and key compliance obligations.
India’s Web3 alliance tightens cybersecurity after Wazirx attack
The BWA’s initiatives highlight an increasing awareness of the importance of cybersecurity in preserving trust and integrity in digital finance.
Grayscale’s GBTC ‘spin-off’ Bitcoin Mini Trust goes live on NYSE Arca
After launching its spot Bitcoin ETF in January 2024, Grayscale now diversifies its offering with a “spin-off” spot Bitcoin ETP.
$35T US national debt could bolster Bitcoin’s adoption as ‘hard money’
Bitcoin could see a new all-time high due to the looming US federal debt, which surpassed $105,000 for every living person in the country.