Coinbase, a major U.S.-based crypto exchange, has found that Texas voters are interested in the crypto subject and presidential candidates’ postures on the issue. 21% of all Texan adults (4.7 million people) own crypto, with 74% of these owners likely to support candidates who recognize the significance of the national crypto industry. Coinbase Reveals Texas […] Source: https://news.bitcoin.com/coinbase-reveals-texas-voters-believe-crypto-is-a-relevant-topic-for-the-next-elections/
Month: February 2024
Grayscale Research Identifies Dencun Upgrade as ‘Coming of Age’ Event for Ethereum
Grayscale Research’s latest report explains that Ethereum is poised to take advantage of several tailwinds with its upcoming Dencun upgrade. Grayscale analyst Will Ogden states that, while Ethereum is facing increased competition from other chains like Solana, Dencun’s modularity focus will help it “come of age,” lowering transaction fees for rollups and opening the doors […] Source: https://news.bitcoin.com/grayscale-research-identifies-dencun-upgrade-as-coming-of-age-event-for-ethereum/
Riot Platforms Highlights Risks Associated With Upcoming Bitcoin Halving Event in Annual Report
In its latest annual report, Riot Platforms, the publicly-listed bitcoin mining firm, outlines several significant risks that could impact its operations, including troubles in the broader crypto economy, potential decreases in onchain transaction fees, and the anticipated bitcoin halving event in April 2024. The company emphasizes the halving event’s potential to reduce mining rewards as […] Source: https://news.bitcoin.com/riot-platforms-highlights-risks-associated-with-upcoming-bitcoin-halving-event-in-annual-report/
Satoshi Nakamoto’s Growing Fortune Nears Entry Into World’s Top 25 Richest Individuals
2024 has unfolded as a flourishing year for bitcoin’s valuation, as its market capitalization breezed past the $1 trillion milestone, positioning the cryptocurrency as the world’s tenth-largest asset by overall market valuation. This uptick in price has significantly boosted the net worth of Bitcoin’s mysterious creator, Satoshi Nakamoto, elevating the value of the inventor’s holdings […] Source: https://news.bitcoin.com/satoshi-nakamotos-growing-fortune-nears-entry-into-worlds-top-25-richest-individuals/
Quoth the Raven’s U-Turn: From Bitcoin Skeptic to Believer, Envisions a New Era of Financial Freedom
In a candid interview about his past skepticism towards bitcoin, Chris Irons, also known as ‘Quoth the Raven,’ founder of Quoth The Raven Research, has taken on a transformative journey from doubt to belief in the leading digital currency. During an episode of the “What Bitcoin Did” podcast with Peter McCormack, Irons explains his newfound […] Source: https://news.bitcoin.com/quoth-the-ravens-u-turn-from-bitcoin-skeptic-to-believer-envisions-a-new-era-of-financial-freedom/
This Week on Crypto Twitter: SBF Resurfaces, Yuga Labs Resets, and Elon Musk’s Xmail May Challenge Gmail
Illustration by Mitchell Preffer for Decrypt Just when you thought the world was ready to forget the catastrophic collapse of FTX and the conviction of its once-untouchable founder Sam Bankman-Fried, a photo of the incarcerated former executive along with a handful of other prisonmates hit Twitter, thanks to Tiffany Fong. Fong, who herself calls attention to the absurdity of her…
Donald Trump’s Cryptocurrency Portfolio Tops $5M, Thanks to $2.9M in Trump-Branded Tokens
Just recently, the 45th President of the United States, Donald Trump, has expressed a neutral stance towards bitcoin, stating he could live with it “one way or the other.” Meanwhile, Trump’s holdings in crypto assets have seen a significant increase in value. A substantial portion of his digital wealth is currently in a digital currency […] Source: https://news.bitcoin.com/donald-trumps-cryptocurrency-portfolio-tops-5m-thanks-to-2-9m-in-trump-branded-tokens/
Defi’s Total Value Locked Hits $80 Billion in a Dramatic Turnaround Since 2022
Recent data reveals that the total value locked (TVL) in decentralized finance has jumped past the $80 billion milestone, reaching heights not observed since the downfall of Terra’s stablecoin in May 2022. Leading the charge in 2024 by TVL size is Lido’s liquid staking platform, with ether-based liquid staking derivatives (LSDs) securing a dominant position […] Source: https://news.bitcoin.com/defis-total-value-locked-hits-80-billion-in-a-dramatic-turnaround-since-2022/
OpenSea Delisted This Game’s NFTs—Then the Creators Got Their Revenge
A reference to an NFT marketplace might not stand out in a game like OpenSeason. After all, the Fortnite-like battle royale shooter is drenched in colorful crypto memes, including a Pepe-themed amusement park plus Bored Apes and Milady avatars running around. But when the “tribute” in question is the flaming wreckage of a ship next to a dock labeled “OpenSea”—and…
Blackrock Holds 110K BTC, Kiyosaki Expects $100K BTC Soon, AI Crypto Assets Skyrocket, and More — Week in Review
Blackrock has significantly expanded its presence in the digital currency space, accumulating nearly 110,000 bitcoins for its Ishares Bitcoin Trust (IBIT) ETF. Robert Kiyosaki predicts bitcoin will reach $100,000 by June this year. The AI cryptocurrency sector has seen a remarkable surge, with over $10 billion added to its market value in just 17 days. […] Source: https://news.bitcoin.com/blackrock-holds-110k-btc-kiyosaki-expects-100k-btc-soon-ai-crypto-assets-skyrocket-and-more-week-in-review/