Peter Schiff, a U.S. economist and gold advocate, has attributed the lacklustre performance of gold mining companies to the rising inflation rate, which contrasts with a largely static gold price. Schiff maintains that the U.S. inflation rate would have been even higher if the U.S. Federal Reserve had not increased interest rates. The economist also […] Source: https://news.bitcoin.com/economist-peter-schiff-says-gold-price-not-rising-fast-enough-condemns-civil-ruling-against-donald-trump/
Month: February 2024
JPMorgan Says Bitcoin Halving and Ethereum Upgrade ‘Are Largely Priced In’
JPMorgan Chase has discussed three main catalysts driving crypto prices over the coming months. The global investment bank’s analysts believe that the Bitcoin halving event and the next major upgrade of the Ethereum network are largely priced in. JPMorgan on Catalysts Affecting Crypto Prices Global investment bank JPMorgan Chase has provided its insights into three […] Source: https://news.bitcoin.com/jpmorgan-says-bitcoin-halving-and-ethereum-upgrade-are-largely-priced-in/
Bitcoin Ordinals Wallets Will Soon Be Showered With Runestones—Here’s What You Need to Know
Runestone, a Bitcoin Ordinals project spearheaded by pseudonymous NFT historian and Ordinals collector Leonidas, is preparing to launch its first airdrop. The Runestone project is garnering a lot of buzz because of its pedigree—Leonidas says it is a pre-Runes project that will exemplify Casey Rodarmor’s vision for fungible tokens on Bitcoin—but also the potential financial windfall Runestone holders can potentially…
Bitcoin Reaches $57K in Stellar Monday Surge, Erasing $70 Million in Shorts in Just One Hour
Bitcoin reached a peak of $57,055 on Monday, climbing 10.1% over a 24-hour span and elevating the digital asset’s market value to $1.10 trillion. The value of bitcoin relative to the U.S. dollar hasn’t ascended to these levels since Nov. 22, 2021, marking 12 days after the digital currency’s peak value of $69,000. Monday’s Bitcoin […] Source: https://news.bitcoin.com/bitcoin-reaches-57k-in-stellar-monday-surge-erasing-70-million-in-shorts-in-just-one-hour/
Bitcoin Price Blasts Past $56,000, Yielding $157 Million in Liquidated Shorts
After flirting with $55,000 for much of the day, the price of Bitcoin didn’t hesitate to leap comfortably above $56,000 late Monday—$56,700 as of writing—reaching heady altitude despite $157 million in Bitcoin shorts being liquidated over the last 24 hours, according to CoinGlass. The milestone comes only hours after BTC surged over $53,000, already seeing heights not seen since 2021.…
Bitcoin Ordinals Wallets Will Soon Be Showered With Runestones—Here’s What You Need to Know
Runestone, a Bitcoin Ordinals project spearheaded by pseudonymous NFT historian and Ordinals collector Leonidas, is preparing to launch its first airdrop. The Runestone project is garnering a lot of buzz because of its pedigree—Leonidas says it is a pre-Runes project that will exemplify Casey Rodamor’s vision for fungible tokens on Bitcoin—but also the potential financial windfall Runestone holders can potentially…
Robert Kiyosaki Warns: Brace for Worsening Banking Crisis, War, CBDC Surveillance
Rich Dad Poor Dad author Robert Kiyosaki has warned investors of an escalating banking crisis, increasing threat of war, and the potential use of central bank digital currencies (CBDCs) for surveillance purposes by central banks. “Central banks will push for CBDC … to SPY on us,” he cautioned. Robert Kiyosaki on Banking Crisis, War, CBDCs […] Source: https://news.bitcoin.com/robert-kiyosaki-warns-brace-for-worsening-banking-crisis-war-cbdc-surveillance/
QED Secures $3 Million in Funding to Propel Fully Trustless Zero-Knowledge Applications Across the Bitcoin Ecosystem
PRESS RELEASE. HONG KONG —February 26, 2024 – QED, the world’s first zk-Native blockchain protocol, announced today it has raised $3 million in a funding round led by Arrington Capital with participation from several prominent venture capital firms and companies including Paper Ventures, Starkware Draper Dragon, Blockchain Builders Fund, Lbk Labs, Valhalla Capital, Edessa Capital […] Source: https://news.bitcoin.com/qed-secures-3-million-in-funding-to-propel-fully-trustless-zero-knowledge-applications-across-the-bitcoin-ecosystem/
Mistral AI Launches High-Performance AI Model and Chatbot to Challenge ChatGPT, Claude and Gemini
Paris-based startup Mistral AI is stepping up into the big leagues, launching Mistral Large to compete with other top-tier large-language models and unveiling a beta version of “Le Chat,” its consumer-facing chatbot intended to rival market leader Open AI’s ChatGPT. “Mistral Large is our flagship model, with top-tier reasoning capacities,” the company said in an official announcement, “Mistral Large achieves…
Bored Ape Game ‘Dookey Dash: Unclogged’ Will Pay Out Over $1 Million in Prizes
The Bored Ape Yacht Club game Dookey Dash is coming back this spring as a free-to-play “Unclogged” version, following last year’s initial NFT-gated rollout—and creator Yuga Labs announced a sizable prize pool for the game over the weekend, along with some other key details. Yuga Labs says that it will offer up at least $1 million worth of prizes for…