Cryptocurrency π°
πΈ Revolutionizing digital finance.
Cryptocurrency exchange Coinbase holds almost 1 million Bitcoin, worth over $25 billion, with its largest cold wallet containing around 10,000 BTC.
Bitmain unveiled its Antminer S21 and S21 Hydro ASIC miners, boasting efficiency levels that surpass previous Bitcoin ASICs, as the mining industry increasingly focuses on energy efficiency and renewable energy sources.
Ethereum could be in the final stage of a corrective move and may experience a bullish higher low setup before breaking out to a new all-time high, according to a top crypto analyst.
Rep. Marjorie Taylor Greene criticized President Joe Biden on social media platform X, referring to him as an "old fart," sparking backlash and accusations of hypocrisy.
A US county is conducting a basic income pilot program, providing $750 per month to 180 families for 15 months to assess the impact on their well-being and economic situation.
Base's TVL has surged to $397.32 million, surpassing Solana's TVL of $358.96 million, while Base-native projects like Aerodrome Finance and Friend.tech contribute significantly to its TVL.
Macquarie Bank, with over $250 billion in assets, will eliminate cash transactions in all branches starting in January 2024, shifting to a digital-only operation by the end of 2024.
Coinbase customers can now trade the native token of Vara Network, a layer-1 project aimed at enabling next-gen gaming and financial applications, with the asset currently trading at $0.18.
Crypto gambling platform Rollbit is shutting down its trading platform, Degen EXchange, due to regulatory uncertainty and low adoption, but reassures that its core products, including RLB and NFT collections, will remain unchanged.
The launch of Ethereum's Deneb-Cancun upgrade, which aims to address scalability issues, may be delayed until early next year due to concerns about its readiness and deployment timeline.
Coinbase attempted to acquire FTX Europe twice but has decided not to go forward with the deal, as it aimed to expand its derivatives business overseas.
Coinbase has considered acquiring FTX Europe in order to expand its derivatives business and tap into the exchange's profitable derivatives offerings and customer base.
Amazon has introduced new guidelines requiring publishers to disclose the use of AI in content submitted to its Kindle Direct Publishing platform, in an effort to curb unauthorized AI-generated books and copyright infringement. Publishers are now required to inform Amazon about AI-generated content, but AI-assisted content does not need to be disclosed. High-profile authors have recently joined a class-action lawsuit against OpenAI, the creator of the AI chatbot, for alleged copyright violations.
Bitcoin (BTC) has shown remarkable stability above the $26,000 level despite sell-offs in equity markets and a surging US dollar, potentially signaling a bullish cycle as long-term investors continue to accumulate.
Google's BigQuery has added 11 new blockchain networks to its data warehouse, allowing users to access and analyze data from these networks, while also introducing new features to improve blockchain querying capabilities.
U.S. Senator Robert Menendez, a Bitcoin skeptic, has been charged with bribery after allegedly accepting gold, cash, and mortgage payments from three businessmen and using his power and influence to benefit them, contradicting his previous criticism of cryptocurrencies.
Tens of thousands of NFT collections are worth 0 Ether, leaving 23 million people with worthless investments, highlighting the need for careful due diligence in the speculative NFT market.
Altcoins are expected to struggle for the rest of 2023 based on historical patterns, according to crypto analyst Benjamin Cowen, who also warns that Bitcoin may close the month in the red as it did in 2019.
Real estate is considered a reliable store of value, although rising interest rates have led to stagnant mortgage demand, while Bitcoin and cryptocurrencies like it may offer a more reliable store of value in the current economic climate.
### Summary Shibburn, the tracker of Shiba Inu burn transactions, has introduced a new feature to monitor preparations for burns on the Shibarium blockchain, while reporting a significant increase in gas fees on the platform. Additionally, there has been a remarkable surge in the burn rate of SHIB, with 194 million Shiba Inu being sent to dead wallets in the past 24 hours.
The text provided includes copyright information and disclaimers from CNBC LLC, a division of NBCUniversal, on the use of market data.
Ether (ETH) has shifted from being deflationary to inflationary due to decreasing network activity on Ethereum, which could negatively impact the token's price, according to analysts. The decline in network fees and the adoption of layer 2 networks have contributed to the increase in ETH supply, reversing its previous deflationary trend. This has raised concerns among crypto observers who predict bearish developments for ETH, including a potential drop to as low as $1,000.
Google Cloud's BigQuery program, which provides access to historical blockchain data, has added 11 new networks, including Polygon, Optimism, and Polkadot, expanding its push into the blockchain space and catering to the growing demand for a more comprehensive view across the crypto landscape.
The Federal Reserve's decision to hold interest rates and the possibility of rates remaining higher for longer may have triggered a sell-off in the US equities and cryptocurrency markets, with risk assets typically underperforming in a high-interest-rate environment.
Former FTX CEO Sam Bankman Fried continues to face legal setbacks as a judge precluded testimony from expert witnesses proposed by his lawyers and the Second Circuit of the U.S. Court of Appeals denied his request to be released from jail, just weeks before his high-profile white-collar criminal trial for fraud charges.
Custodia Bank CEO Caitlin Long aims to bridge the gap between traditional finance and digital assets, specifically Bitcoin, by prioritizing security and compliance, and offering services as a depository institution rather than a lender.
Cryptocurrency exchange Bybit is suspending services to residents of the United Kingdom in response to pending regulations from the country's Financial Conduct Authority (FCA).
Generative AI's intersection with Web3 has sparked debates about decentralization, with the philosophical case supporting decentralizing AI due to its control by dominant providers and lack of transparency, raising the need for a decentralized network model that allows collaboration, knowledge sharing, and democratic access to models and benefits. The lack of success in decentralized AI until now was largely due to questionable value propositions and different architectural paradigms. Decentralization in generative AI can be considered across various dimensions, including compute, data, optimization, evaluation, and model execution, with each phase of the lifecycle presenting different opportunities for decentralization. Although achieving decentralized AI will require technical breakthroughs, it is the right approach in the era of foundation models to ensure knowledge is not concentrated in the hands of a centralized entity.
Senator Bob Menendez is facing federal bribery charges for allegedly accepting bribes and using his position for personal and political gain.
Bitcoin (BTC) experienced a slight decrease in price after predictions of reaching $20,000 resurfaced, with market participants anticipating a "slow grind" to $28,500.
Deep-pocketed crypto investors have moved over $660 million worth of Bitcoin, Ethereum, and Chainlink as Bitcoin's price drops below $27,000.
Most NFTs are now worthless, with a study finding that 95% of NFT collections have a market cap of 0 Ether (ETH), highlighting the high-risk nature of the market.
The Federal Reserve's decision to hold interest rates at their highest in over 20 years is posing a "nightmare" scenario for bitcoin and crypto companies, potentially leading to price chaos and further decline in the bitcoin price.
The Commodity Futures Trading Commission (CFTC) has rejected plans by prediction market Kalshi to allow users to bet on which party will control Congress, citing unlawful gaming and contrary to the public interest.
Crypto asset manager CoinShares plans to establish a hedge fund unit for qualified US investors in order to provide institutional investors with actively managed exposure to digital assets outside of Europe due to the changing macro environment marked by interest rates and inflation.
Bitcoin traded slightly downward, Toncoin and Chainlink's LINK token were top performers, FTX sued former employees to recover $157.3 million, and Binance and Zhao filed to dismiss a SEC lawsuit in Thursday's cryptocurrency news.
Ethereum co-founder Vitalik Buterin, known for his influence in the crypto sector, discusses his views on the industry, the importance of decentralization, and the need for user-friendly and private cryptocurrency platforms.
Despite facing a series of setbacks, Sam Bankman-Fried, the founder of FTX, will remain in custody as his trial commences, with the judge granting the Department of Justice's motion to bar all of the defense's proposed expert witnesses, although the defense still has the chance to call four witnesses if they provide better disclosures.
Bitcoin (BTC) could experience a market correction and drop to $20,000 this year, according to a crypto analyst, who points to historical patterns, the presence of a trading gap, and a dip below the 50-week exponential moving average as indicators of a potential decline.
Dogecoin's volatility has decreased to the point where it is now more stable than Bitcoin, indicating a lack of investor interest in alternative cryptocurrencies and a drain of liquidity toward Bitcoin.
Bankrupt crypto exchange FTX has filed a lawsuit against former employees who allegedly exploited their connections to prioritize their asset withdrawals before the exchange's bankruptcy filing, with the total value of the suspect transfers estimated at $157.3 million.
Bitcoin mining has the potential to reduce global emissions by converting wasted methane into less harmful emissions, according to a report by the Institute of Risk Management (IRM).
Cryptocurrency mining hardware maker Bitmain has agreed to supply 27,000 Bitcoin mining rigs to bankrupt crypto mining firm Core Scientific in a deal worth $23 million in cash and $53.9 million in common stock, as well as a new hosting arrangement for Bitmain's mining operations.
Binance and its CEO, Changpeng Zhao, have filed a motion to dismiss the lawsuit brought against them by the SEC, arguing that the agency exceeded its authority and failed to provide clear guidelines for the cryptocurrency sector.
Bitcoin and other cryptocurrencies are experiencing a decline in prices due to a strengthening dollar and risk-aversion, but there is hope for a rebound.
Crypto exchange Bybit has announced that it will suspend its operations in the UK next month in response to regulatory changes, following in the footsteps of other crypto firms such as PayPal and Luno.
Investors are rushing to buy FTX debts in the bankruptcy claims market, with major credit investors purchasing over $250 million worth of FTX debts, betting on the potential value that could be unlocked once the bankruptcy process is resolved.
The price of Cardano (ADA) has shown a bullish pattern against the dollar, with a potential 25% increase, but remains bearish against Bitcoin (BTC) with an expected 23% drop.
Altcoin Sherpa warns against investing in Binance Coin (BNB) in the short term, remains bullish on Bitcoin (BTC), and expects a potential altcoin run once Ethereum (ETH) drops further against Bitcoin.
A worthless token, Calcium (CAL), created by the Shiba Inu team, gained a following and became a serious project after community members used their CAL holdings to create a new trading pair on Uniswap, despite warnings not to invest in the token.
