The controversial BRC-20 standard and Ordinals protocol that made it possible keeps growing its footprint in the Bitcoin ecosystem. The latest: Stably USD, which is being billed as the first BRC-20 stablecoin. After all, two of the largest stablecoins—Tether (USDT) and USDCoin (USDC)—do most of their volume on the Ethereum network as ERC-20 tokens. Although now both tokens are available…
Bitcoin decides that bad news is not bad enough as upside volatility accompanies proof that U.S. inflation remains sticky. Source: https://cointelegraph.com/app/public/index.php/news/bitcoin-nears-27k-despite-hot-pce-data-sparking-june-rate-hike-bets
Elon Musk’s brain-computer interface startup, Neuralink, reportedly received approval from the United States Food and Drug Administration (FDA) to conduct some form of “in-human” trials for its surgically-implanted brain device. Congratulations Neuralink team! https://t.co/AWZGf33UDr — Elon Musk (@elonmusk) May 26, 2023 It’s unclear at this time what kind of trials the Neuralink tweet is referring to — the only other…
Macro Markets, hosted by crypto analyst Marcel Pechman, airs every Friday on the Cointelegraph Markets & Research YouTube channel and explains complex concepts in layperson’s terms, focusing on the cause and effect of traditional financial events on day-to-day crypto activity. The latest Macro Markets show begins by exploring why the crypto market capitalization is some 60% below its all-time high,…
The Federal Reserve Bank of Atlanta has piqued the interest of the crypto community with a recent publication in its Policy Hub series on the implications of Web3 for financial services. The 17-page paper by Christine Parlour, a professor at the University of California, Berkeley Haas School of Business, is intended as a basic text, and is noteworthy for its…
This story comes from GG. Your Web3 Gaming Power-Up Discover GG Another day, another buzzy rumor going viral on Crypto Twitter. Rumors that the highly anticipated (and massively leaked) game Grand Theft Auto 6 will be a blockchain game or include some kind of cryptocurrency that can be redeemed in real life have resurfaced again this week—after initially spawning in…
The recovery in the U.S. stock market seems to have acted as a catalyst for the relief rally in Bitcoin and select altcoins. Source: https://cointelegraph.com/news/price-analysis-5-26-btc-eth-bnb-xrp-ada-doge-matic-sol-dot-ltc
Researchers using Twitter’s formerly free Decahose data service will soon be required to pay a fee of $42,000 per month to continue using the service and retain their data. Decahose, a streaming service that gives scientists unfettered access to around 10% of all tweets in real-time, has been a mainstay for academic research on myriad topics, including emergency response, law…
Esports Orgs Should Become More Like Tech Companies: Community Gaming CEO Community Gaming CEO and 3XP conference organizer Chris Gonsalves believes crypto and tech could rejuvenate and reinvent the esports industry. In an interview, he tells Decrypt’s Kate Irwin why he thinks esports organizations should shake up their approach. Source: https://decrypt.co/videos/interviews/t27ac1ik/esports-orgs-should-become-more-like-tech-companies-community-gaming-ceo
BTC/USD 1-hour candle chart on Bitstamp. Source: TradingView Bitcoin shrugs off new U.S. inflation woes Data from Cointelegraph Markets Pro and TradingView showed BTC/USD nearing $27,000 on Bitstamp. The pair rose unexpectedly after the day’s Personal Consumption Expenditures (PCE) data showed its first rises since October 2022. Such a reading should present a headwind for risk assets, including crypto, as…
