This past weekend at NFT Paris, steps away from the Eiffel Tower, scores of high-ranking executives from the world’s top fashion, automotive, watch, and alcohol brands mingled with crypto thought leaders to discuss the on-chain future of the luxury industry. These brands have spent the last three years dipping their toes into various blockchain-backed experiments, ranging from immersive online metaverses…
Month: February 2024
Hut 8 Unveils BTC-Funded 62 MW Texas Facility for Mining Efficiency Boost
On Tuesday, the publicly-listed bitcoin mining company Hut 8 revealed it has initiated construction of its new mining facility in Culberson County, Texas, with plans to have it operational by the second quarter. Hut 8 further unveiled a new treasury strategy that utilizes its bitcoin holdings to fund the company’s growth efforts. Hut 8 Leverages […] Source: https://news.bitcoin.com/hut-8-unveils-btc-funded-62-mw-texas-facility-for-mining-efficiency-boost/
Comedian Trevor Noah Says the Biggest Mistake He’s Ever Made Is Not Buying Bitcoin
Comedian and author Trevor Noah said that not buying Bitcoin at the rock-bottom price of zero dollars was his biggest mistake as a technology investor. “Not buying Bitcoin when it was nothing,” Noah said during a fireside chat at Web Summit Qatar on Monday. “It cost nothing at some point. That was maybe the biggest mistake I’ve made and not…
Apple Car Project Titan Killed As Tim Cook Leans Into AI: Report
After nearly a decade of development—which Apple has never openly acknowledged—the secretive Cupertino-based tech giant has given up plans to design and build an autonomous vehicle and is moving substantial resources over to its fast-growing investment in artificial intelligence. The news comes via the unmatched Apple reporting of Mark Gurman, now with Bloomberg, who cites unnammed sources inside Apple that…
Portal Pre-Market Trading Spikes Ahead of Ethereum Gaming Token Drop
The pre-market trading price of cross-chain gaming token Portal (PORTAL) has steadily grown in recent days ahead of Thursday’s announced listing on Binance, further validating the substantial demand for the long-awaited launch. Pre-market PORTAL trading on Whales Market has tallied over $5.3 million since last week, with a current price of $2.85 per token. It has gradually climbed since Friday,…
Uniswap Introduces Wallet Extension and Limit Orders, UNI Jumps 83% in 30 Days
Uniswap Labs has unveiled a collection of new features designed to refine the trading journey for users of its decentralized exchange (dex). This collection encompasses the Uniswap browser extension, limit orders for precise trading strategies, and advanced data and insights for making well-informed choices. Uniswap Labs explained on Tuesday that the expansion aims to make […] Source: https://news.bitcoin.com/uniswap-introduces-wallet-extension-and-limit-orders-uni-jumps-83-in-30-days/
Altcoins Theta, Pyth, and Stacks Surge With Bitcoin in Latest Crypto Rally
Theta, Pyth, and Stacks are strong dark horses amid today’s crypto rally, emerging as the top gainers among the top 100 cryptocurrencies by market capitalization. They are all following PEPE, a memecoin that registered a mindblowing 55% in the last 24 hours. This altcoin surge comes amidst a rising crypto market, with the overall market capitalization of all cryptocurrencies combined…
‘Newborn Nine’ Bitcoin ETFs Now Hold 300,000 BTC—Over $17 Billion Worth
The nine newly approved spot Bitcoin exchange-traded funds (ETFs) in the United States now have more than 300,000 Bitcoin (BTC)—or over $17 billion worth of the asset—under management, data from K33 Research shows. Data from the research firm shows that the nine fund managers collectively have 303,002 BTC under management—a new high. It also is 1.5% of the current 19.6…
Nobody Trades Bitcoin on Weekends Anymore—Here’s Why Liquidity Is Dwindling
Bitcoin may be buzzing 24/7, but weekend crypto trading is quickly becoming a thing of the past, according to crypto market research firm Kaiko. Since the start of 2024, just 13% of Bitcoin transactions have taken place on Saturdays and Sundays—days when traditional markets for stocks and bonds are fast asleep. That’s down from 17% for all of last year…
ETH Denver Top Builders Base by Supermoon, Cointelegraph, NDC, Horizen, and Conflux
PRESS RELEASE. Supermoon, alongside Cointelegraph Accelerator, NDC, Horizen, Conflux, and OORT, will welcome 500+ builders & founders at BUIDL HOUSE event during EthDenver 2024! This three-day open house event, located only five minutes from the Eth Denver conference, will run from February 29 to March 2. It is set to be the biggest networking gathering […] Source: https://news.bitcoin.com/eth-denver-top-builders-base-by-supermoon-cointelegraph-ndc-horizen-and-conflux/