As the biggest digital coin by market cap continues to soar, those who bet on the price of Bitcoin (BTC) to drop are losers: Over $79 million in BTC short positions have been wiped out in the past 24 hours. That’s according to data from analytics firm CoinGlass, and looking at shorts across all cryptocurrencies, $147 million in positions have…
Month: February 2024
Pixels: The Hot Crypto Game and Airdrop Explained in One Minute or Less
Rug Radio Creator and crypto influencer AshleyDCan explains the popular Ronin farming game Pixels and details around the upcoming PIXEL token airdrop. Source: https://decrypt.co/videos/explainers/0Es4KAu9/pixels-the-hot-crypto-game-and-airdrop-explained-in-one-minute-or-less
‘HODL Me Close’: VanEck Is Shilling Its Bitcoin ETF With Valentine’s Candy
How do you do, fellow star-crossed lovers? VanEck, the 59-year old Wall Street investment management firm, is attempting to seduce crypto users with a novel approach: Bitcoin-themed Valentine’s Day candy. On social media and at select in-person events this week, the company is leaning into love with themed heart-shaped candy pieces etched with phrases including “HODL Me Close,” “No FUD…
Ethereum Scaler Blast Explained in One Minute or Less
Ethereum Scaler Blast Explained in One Minute or Less Rug Radio Creator and crypto influencer AshleyDCan explains Ethereum layer-2 scaling network Blast, from the creators of top NFT marketplace Blur, including its upcoming airdrop and how to participate. Source: https://decrypt.co/videos/explainers/bTBCaI8S/ethereum-scaler-blast-explained-in-one-minute-or-less
Crypto Fear and Greed Index Touches ‘Extreme Greed’ as Bitcoin Soars, Echoing 2021’s Highs
Bitcoin’s ascent beyond the $51,000 mark has propelled the Crypto Fear and Greed Index (CFGI) into the “greed” territory, registering a notable 74 out of 100. Just a day earlier, the CFGI soared to an impressive peak of 79, denoting “extreme greed” and marking its highest point since 2021. Crypto Fear and Greed Index Score […] Source: https://news.bitcoin.com/crypto-fear-and-greed-index-touches-extreme-greed-as-bitcoin-soars-echoing-2021s-highs/
How AI Generates Dynamic Text Adventures in ‘Infinite Worlds’ Game
Among the ever-increasing number of uses for generative AI, imaginative gamers are using the technology to create new forms of choose-your-own-adventure games. One developer putting its stamp on the text-based game genre is Friendly Fox Games, which announced the launch of its first game Infinite Worlds on Wednesday. Using OpenAI’s GPT-4 and AI image generator Stable Diffusion, Infinite Worlds lets…
U.S. crypto taxes in 2024: fast facts
IRS tax season is officially open in the United States. April 15, 2024 is the deadline for crypto holders to report their 2023 transactions to the Internal Revenue Service (IRS). The 2023 tax year includes any activity between January 1, 2023 and December 31, 2023. Late filings, failure to pay taxes owed and crypto tax evasion all carry potential penalties…
Bitcoin Halving Set for 4/20—Will BTC Also Break $69K?
Bitcoin’s halving is fast approaching—and some are estimating that it could arrive on 4/20. (Yes, you read that right.) Although it can be hard to predict the exact time, CoinGecko—citing Blockchair data—has been showing that the Bitcoin halving could take place on April 20 or April 21. If the long-awaited event does indeed land on the cannabis community’s celebratory “weed…
Meta CEO Mark Zuckerberg on Apple Vision Pro: ‘I Think Quest Is the Better Product. Period.’
Meta CEO Mark Zuckerberg thinks his company’s Quest VR headset is a better product than the Apple Vision Pro—and said so in a video shot on his company’s VR headset and uploaded to Instagram, a social media company that Meta has owned since 2012. “I expected that the Quest would be the better value for most people since it’s really…
Avalanche App Battle.tech Brings SocialFi to Gaming With ‘Player Passes’
Will crypto be the solution to the esports industry’s growing pains? We’ve seen various attempts over the last few years, but now Avalanche-based app Battle.tech has a novel idea: pairing the concept of SocialFi with gaming. While it has no official connection to Friend.tech—last year’s buzzy app that renewed excitement around SocialFi after social tokens failed to take off—the inspiration…