Vancouver mayor proposes Bitcoin adoption to fight inflation
Mayor Ken Sim urges Vancouver to explore Bitcoin adoption, highlighting its potential to safeguard financial stability amid fiat inflation.
Posts published on December 10, 2024 go to media archive 3/4
Stacks to Launch SBTC in Boost to Bitcoin Defi Ecosystem
Stacks continues to push the boundaries of possibilities on Bitcoin with a planned launch of SBTC. SBTC to Promote Bitcoin Defi Ecosystem Stacks, a Bitcoin layer two (L2) platform recently teased the impending launch of SBTC, a 1:1 bitcoin-backed…
Market Reacts To Trump’s Crypto Support: Almost $10 Billion Invested In US Bitcoin ETFs
Since Donald Trump became president-elect a little more than a month ago, roughly $10 billion has flooded into US spot Bitcoin ETFs, showing growing optimism that his administration will support the cryptocurrency industry. According to Bloomberg…
Latam Insights Encore: Bolivia’s Dollar-Starved Economy Calls for Stablecoin Help
Welcome to Latam Insights Encore, a deep dive into Latin America’s most relevant economic and cryptocurrency news from last week. In this edition, we explore how stablecoins might help re-energize the Bolivian economy, facing a dollar…
Influencer Abdu Rozik says key to crypto success is being a good person
Abdu Rozik told Cointelegraph at Bitcoin MENA in Abu Dhabi that celebrities should have good intentions when entering crypto.
Bitcoin Sees First Close Above $100,000, But Is A Big Correction Coming?
Bitcoin (BTC) closed the week above the $100,000 mark for the first time in history, concluding the crypto’s massive week with another milestone. However, a market watcher has warned investors that historical patterns could soon lead the flagship…
Pay Me in Bitcoin: 30% of American Employees Embrace Crypto Salaries, Study Finds
A new study by Clarify Capital shows growing interest in cryptocurrency-based compensation and loans among American workers and businesses. Bitcoin Most Preferred A new study has found that as many as 30% of American employees are open to receiving…
Crypto and blockchain will outpace outdated banking systems: Eric Trump
Eric Trump said that the new administration led by his father will create transparent and sensible regulation for the crypto industry.
Crypto ‘buy the dip’ moments to last longer this cycle: Hedge fund founder
Pullbacks in the crypto market will provide “buy the dip” scenarios lasting “much longer than everyone expects,” according to Syncracy Capital co-founder Daniel Cheung.
Microsoft touts next-gen data centers that don’t consume water for cooling
Microsoft said its latest “closed loop” water-recycling data center design could save 125 million liters of water annually per facility.
Galxe unveils Gravity EVM upgrade and $50M ecosystem fund
Web3 identity and rewards platform Galxe unveiled an EVM upgrade and a $50 million ecosystem to support projects building on its network.
Bitcoin HODLing Rewards: Long-Term Holders Selling At 326% Profit
On-chain data shows that long-term Bitcoin holders have been selling recently as their profits have ballooned to notable levels after the price surge. Bitcoin Long-Term Holders Have Been In Huge Profits Recently As CryptoQuant community analyst…
Canadian Pizza Giant Pokes Fun at Justin Sun’s ‘Banana Art’
The Tron Founder purchased and ate a $6.2 million banana at an art auction in New York City last month. Boston Pizza Releases ‘Affordable’ Pizza Version of Justin Sun’s $6.2M Banana Tron Founder Justin Sun purchased and ate the world’s priciest…
Dogecoin (DOGE) Slips: Can Bulls Rally at The Support Line?
Dogecoin started a sharp downside correction below the $0.400 support against the US Dollar. DOGE is trading near the $0.3750 support and might bounce back. DOGE price started a fresh decline below the $0.420 level. The price is trading below the…
Is Bitcoin Entering a New Phase? Analysts Break Down Key Trends
So far, the Bitcoin market continues to demonstrate resilience as it maintains its price above the $90,000 price market despite various factors influencing its price movements. Amid this, a CryptoQuant analyst, aytekin466, recently shared insights…
Beyond the Hype: CTO Argues AI Can Augment, Not Replace, Human Creativity
A CTO argues generative artificial intelligence (AI) enhances creativity by lowering barriers and shifting human focus to higher-level tasks. Lowering Barriers to Creativity with AI Fueled by fears that AI will eventually stifle creativity…
Vocal Ethereum researcher Max Resnick jumps ship to join Solana
Max Resnick became increasingly critical of Ethereum’s layer-2 scaling approach in recent months, suggesting it should have focused its scaling efforts on the base layer like Solana.
XRP Price Eases Gains: Eyes on The Critical $2 Threshold
XRP price failed to extend gains above the $2.40 zone. The price is down over 10% and might even decline toward the $2.00 support zone. XRP price started a downside correction from the $2.50 resistance zone. The price is now trading below $2.30 and…
Bitcoin tumbles will be ‘less abrupt’ after realized profit drops 76%
Bitcoin’s daily realized profit metric has fallen 76% since the initial hype about $100,000 Bitcoin began to wane, according to crypto analysts.
Bitcoin MENA 2024: A Vision towards the Future of DeFi and Blockchain Security
BRICS Retaliation Ahead? Expert Predicts US Tariff Fallout
BRICS nations brace for a global economic standoff as U.S. tariff threats spark concerns about trade retaliation and geopolitical tensions, reshaping international alliances. BRICS Retaliation Inevitable: Expert Predicts Clash Over US Tariffs BRICS…
Five Weeks, Five Purchases: MicroStrategy Invests Another $2.1 Billion In Bitcoin
MicroStrategy, the business intelligence firm helmed by co-founder and Chairman Michael Saylor, has made headlines yet again with the announcement of a $2.1 billion Bitcoin (BTC) acquisition. Interestingly, this is the fifth consecutive Monday that…
Ethereum Price Faces Pressure: Bulls Tested After Setback
Ethereum price corrected gains below the $3,880 zone. ETH is now recovering some losses and facing hurdles near the $3,800 resistance zone. Ethereum started a downside correction below $3,880 and $3,800. The price is trading below $3,880 and the…
Binance boss Richard Teng says re-entering US market a ‘premature discussion’
The US will soon have a largely crypto-friendly White House, but Binance’s Richard Teng says it may be too soon to start talks about re-entering the market.
Bitcoin Price Dips Again: Is The Momentum Shifting?
Bitcoin price started another decline and traded below the $98,000 support. BTC dipped toward the $95,000 level and is currently correcting losses. Bitcoin started a fresh decline below the $98,000 support zone. The price is trading below $98,000…
Robert Kiyosaki Predicts Historic Crash: Sell Homes, Stocks, and Bonds Before It’s Too Late
Rich Dad Poor Dad author Robert Kiyosaki warns of an imminent economic collapse, urging swift action as baby boomers risk devastating losses in homes, stocks, and bonds. Robert Kiyosaki: Biggest Crash in History Will Hit Boomers Hard—Act Now…
Ethereum Finally Set For A New All-Time High? Here’s What Analysts Say
Ethereum (ETH) continues to hover around the critical $4,000 resistance level, a price point many believe could determine the cryptocurrency’s next major move. However, a strong weekly close has sparked optimism among analysts, suggesting…
Google unveils new quantum computing chip: Clock ticking for crypto encryption?
One expert says while Willow is a significant development, it’s still far short of being a threat to crypto encryption, at least for now.
Amazon’s Shareholders Push for Bitcoin in Treasury to Strengthen Reserves
Amazon faces shareholder pressure to assess bitcoin as a treasury asset, citing inflation risks, bitcoin’s soaring returns, and corporate trends toward cryptocurrency adoption. Shareholders Push Amazon to Embrace Bitcoin—A Bold Treasury Move?…
Ethereum Funding Rates Hit Multi-Month Highs, But Is A Correction On The Horizon?
Ethereum, the second-largest crypto by market capitalization, has recently demonstrated strong bullish momentum, breaching above $4,000. It is worth noting that its price rally has been accompanied by a significant spike in its funding rates, a…