Proof-Of-Stake On Bitcoin? Discussing Botanix’s Spiderchains
In a recent interview with Bitcoin Magazine, Shinobi sat down with Willem Schroé from Botanix Labs to discuss the progress and vision behind Spiderchains, an innovative scaling solution soon to be released to the public. Despite the flurry of…
Bitcoin Scarcity Grows as Miner and Exchange Reserves Drop by 183,253 BTC Since January
Over the past 158 days, starting from the beginning of the year, the quantity of bitcoin held by exchanges and miners has decreased by 183,253 BTC, valued at nearly $13 billion. Roughly 90.95% of this bitcoin withdrawal originated from…
U.S. Added 272K Jobs in May, Blowing Past Estimates; Bitcoin Pulls Back From 2-Month High
Recent soft economic and inflation data combined with rate cuts this week in Europe and Canada have investors rethinking expectations about Fed policy.
Bitcoin Coinbase Premium Index Has Turned Positive At 0.006, Why This Is Important
The Bitcoin recent foray into $70,000 price territory has again become a hot topic among investors, with many looking at a positive price outlook. As a result of this fascinating price action, the vast majority of long-term holders have seen their…
President Donald Trump has made a calculated pivot to embrace Bitcoin and crypto, sensing a strategic advantage against incumbent Joe Biden in the 2024 election. While Biden has projected hostility toward Bitcoin, Trump directly appeals to the…
Robinhood’s Bitstamp Deal Is Strategic and Brings Added Institutional Exposure: Bernstein
The acquisition will potentially allow the trading platform to offer a wider range of crypto products to a more institutional client base, the report said.
First Mover Americas: Bitcoin Futures Positions Top Record $37B as Analysts Predict Bitcoin Surge to $83K
The latest price moves in bitcoin (BTC) and crypto markets in context for June 7, 2024. First Mover is CoinDesk’s daily newsletter that contextualizes the latest actions in the crypto markets.
Bitcoin Technical Analysis: BTC Shows Promising Signs Across All Time Frames
Bitcoin’s price currently stands at $71,347, showing an impressive rise within the 24-hour intraday range of $70,065 to $71,595. With a trading volume of $25.17 billion and a market capitalization of $1.4 trillion, bitcoin has gained 4.9%…
Injective (INJ) Price Set To Skyrocket 33% On Classic Bullish Signal: Crypto Analyst
In an analysis shared on X, renowned crypto analyst Josh Olszewicz (@CarpeNoctom) forecasts a significant 33% rise in the price of Injective (INJ) based on a classic bullish chart pattern known as the inverted head and shoulders (iH&S). The…
The Sandbox raises $20M at $1B valuation, promises to expand creator economy
During a period when major metaverse projects are struggling to gain traction following the bear market of 2022 to 2023, Sandbox announced that it has added over 330,000 unique creators.
Semler Scientific To Raise $150M To Buy More Bitcoin
Medical device manufacturer Semler Scientific (Nasdaq: SMLR) announced it acquired 247 additional Bitcoin for $17 million in cash, bringing its total holdings to 828 BTC. The company also plans to raise $150 million to expand its Bitcoin…
Iggy Azalea, the female rapper and composer behind the MOTHER token issued on Solana, mocked Vitalik Buterin, an Ethereum co-founder, using a meme that shows her carrying a baby with Buterin’s face after being breastfed. Besides posting the…
Crypto On Watch: Will ECB Rate Cut Fuel Bitcoin Rally?
Bitcoin prices are set to surge following the European Central Bank’s (ECB) decision to initiate its first interest rate cut in five years yesterday. The unanimous vote by all 20 national representatives slashed rates by 0.25%, marking a…
TRON DAO at Consensus 2024 With Exclusive Whale Night Event
PRESS RELEASE. Geneva, Switzerland, June 7, 2024 – TRON DAO proudly marked its significant presence at Consensus 2024, held in Austin, Texas, as a 3 Block Sponsor. This premier blockchain and digital asset event brought together industry…
RoaringKitty a GameStop Billionaire by Friday? Crypto Traders Are Placing 50% Odds
A new market on betting application Polymarket has seen over $120,000 placed on Keith Gill making 10 figures on his GameStop equity and options holdings.
Buy Now, Crypto Bull Market Returns, Says Arthur Hayes
In a new essay titled “Group of Fools,” Arthur Hayes, the outspoken co-founder of crypto exchange BitMEX, casts a critical eye over recent macroeconomic developments and their implications for the crypto market. Hayes, known for his…
Gemini Taps Kaiko for Enhanced Cryptocurrency Derivatives Trading
Kaiko, a prominent player in the crypto data sector, has announced a strategic partnership with Gemini Foundation, the derivatives trading platform of the cryptocurrency exchange, Gemini. This collaboration will see Gemini Foundation utilizing…
AI-driven crypto crime is only just beginning — Elliptic report
Elliptic’s 2024 report exposes how AI is increasingly used for sophisticated crypto crimes, from deepfake scams to state-sponsored cyberattacks, signaling that these threats are just beginning.
Ethereum to Introduce Extensive Pectra Upgrade in Q1 2025
The Ethereum network is set to undergo one of its most extensive upgrades named Pectra, which will integrate the EVM Object Format (EOF) and introduce Vitalik Buterin’s proposed EIP-7702, allowing Ethereum account addresses to act as smart contract…
Invest Hong Kong, the government department responsible for attracting foreign direct investment and the Crypto Valley Association (CVA) of Zug, Switzerland, have signed a Memorandum of Understanding (MoU) to bolster the fintech ecosystems of both…
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