Thailand distributing digital money to 45M citizens to boost economy
The controversial plan began as a campaign promise and will help lower-income Thais buy more.
Posts published by Cointelegraph.com News 180/647
BTC price to retest $72K as Bitcoin sets up $7B liquidation showdown
Bitcoin traders continue to look higher after a cooling-off period sees BTC price support stay firmly in place.
Why Biden’s exit from the elections briefly pushed Bitcoin price to $68K
Biden’s exit from the presidential race helped Bitcoin recover, but analysts expect the decision to cause more uncertainty in the crypto market.
Worldcoin turns one: Looking back at a year of controversy and growth
One year in, Worldcoin’s vision of a universal digital identity system shows promise with millions of users.
THORChain founder and his plan to ‘vampire attack’ all of DeFi
After posing as an anon girl for six years, THORChain’s founder is now waging war against the “slow rugs” of DeFi.
Craig Wright’s colleague tried to stop court case — He didn’t listen
Christen Ager-Hansen told Cointelegraph that he warned his former colleagues, including Craig Wright and financial backer Calvin Ayre, against going to court.
How Solana is transforming cross-border agricultural trade
AgriDex’s blockchain-based platform enabled a South African farm to complete a trade with a London importer, showcasing the benefits of onchain settlements.
Bitcoin investment fund opens doors to EU citizenship
A new fund offers a way to gain citizenship in Portugal by indirectly investing over $500,000 into Bitcoin.
Nigeria to train 1,000 youths on AI, blockchain every year
The Nigerian government has launched an annual training program for 1,000 citizens in AI and blockchain to position Nigeria ahead of global economies and foster innovation.
Ferrari to launch crypto payments in Europe after US success
Ferrari debuted cryptocurrency payments for its cars in the United States in 2023, partnering with major local payments provider BitPay.
Airdrop success propels Bitget wallet to second most popular in Japan
Web3 wallet usability remains a key hurdle for mass crypto adoption, according to Bitget Wallet's COO.
Stablecoin pegged to Hong Kong dollar unveiled
Jingdong Coinlink Technology Hong Kong Limited unveils its plan to issue a Hong Kong dollar stablecoin, aiming for secure and cost-effective payment solutions while adhering to regulatory requirements.
European Investment Bank calls for more ‘innovation’ financing in EU
A new European Investment Bank report highlights the need for increased innovation financing in the EU to maintain tech leadership and compete globally in key sectors like AI and emerging technologies.
Franklin Templeton eyes Solana ETF after Ethereum success
Franklin Templeton will keep exploring more assets to back new spot cryptocurrency ETFs, including those based on Solana.
Kraken finishes Mt. Gox Bitcoin distribution, but creditors aren’t selling BTC
Mt. Gox creditors aren’t selling their Bitcoin, despite preliminary concerns that 99% of them could be looking to offload BTC.
CryptoSlam founder says new SlamNet ecosystem aims to solve Web3 fragmentation
CryptoSlam founder and CEO Randy Wasinger believes Web3 is becoming too fragmented for developers and users and plans to solve the issue with a new platform.
dYdX v3 website recovers after DNS attack, users warned to delete cache
The exchange warned users to clear their browser’s cache before visiting the website to avoid accidentally caching the compromised version.
Bitcoin ‘massive rally’ due as buy signal hits for 1st time in a year
BTC price breakout talk returns as the popular hash ribbons indicator goes from “capitulation” to “buy” for the first time in 2024.
Mt. Gox transfers $335M in Bitcoin to Bitstamp, unknown wallet
Mt. Gox transferred 5,106 BTC to Bitstamp and an unknown address, with 2,869 BTC rapidly moving through multiple wallets.
Mt. Gox shifts $2.5B in Bitcoin to unknown wallet, repayments top 40%
Mt. Gox transferred 37,477 BTC to a new wallet, while data shows that 40% of creditor repayments have now been distributed.
ETH traders should now ‘expect the unexpected’ after ETF launch
Crypto analysts argue past performance won’t help predict Ether’s prices anymore and that Ether has “all the elements to rally like it has never seen before.”
Mark Zuckerberg calls for open-source AI as Meta releases Llama 3.1
Meta is “taking the next steps toward open-source AI becoming the industry standard,” according to CEO Mark Zuckerberg.
Hex Trust gets initial nod for payment institution license in Singapore
Hex Trust previously obtained a license for custody services in Singapore, but a recent legislative amendment placed these firms under a new licensing scope.
Spot Ethereum ETFs post $107M net inflows on first day
The newly launched spot ETH funds posted positive net inflows despite being weighed down by $485 million of bleeding from Grayscale’s Ethereum Trust.
Coinbase files motion to compel in ongoing fight to get Gensler’s emails
Coinbase has now filed a motion to compel, including among others, a narrowed request for Gary Gensler’s private communications during his time as Chair.
Bitcoin to spend ‘considerable time’ at $66K, HODLing could change that
Bitcoin is just 12% shy of all-time highs, but a trader says it could stay in this zone for at least the next few months unless demand comes through.
Google parent Alphabet profit surges 29% in Q2 amid AI splurge
The firm’s CEO, Sundar Pichai, said its AI products have already generated “billions” in revenue from its cloud business.
Citi upgrades Coinbase shares to ‘buy’ citing ‘shifting’ US politics
Analysts from Citi Group said a potential “crypto-friendly” administration and growing revenues are bullish catalysts for Coinbase shares.
BlackRock Bitcoin ETF inflows surpass 'magnificent 7' stocks as trader eyes $88K
Bitcoin price could reach above the $88,000 mark by September, driven by continued Bitcoin ETF inflows.
Spot Ethereum ETFs seen with over $1B in trading volume on debut
Bloomberg ETF analyst Eric Balchunas said the $625 million in trading volume excluding Grayscale’s ETHE was “healthy” and expects a “sizeable chunk” of that sum will convert to inflows.