Torrevieja, a city of almost 90,000 inhabitants, aims to become one of the first crypto-friendly locations in Spain. The city, in alliance with Apymeco, its merchant association, will incentivize using cryptocurrency as a payment option and give courses for stores interested in learning how to receive and use cryptocurrency. Torrevieja to Incentivize Crypto Adoption Torrevieja, […] Source: https://news.bitcoin.com/torrevieja-to-become-the-first-crypto-friendly-city-in-spain/
The Zimbabwean government plans to launch what it calls a “structured currency.” Some commentators and social media users have expressed skepticism over the government’s latest currency plans. Zimbabwe’s Structured Currency The Zimbabwean Finance Minister, Mtuli Ncube, has said his government plans to halt the local currency’s freefall by linking it to gold and establishing a […] Source: https://news.bitcoin.com/zimbabwe-to-launch-structured-currency-linked-to-gold-says-finance-minister/
Microstrategy’s executive chairman, Michael Saylor, has explained why bitcoin has become “the world’s most popular investment asset.” He noted that following the rebalancing after the launch of spot bitcoin exchange-traded funds (ETFs), the crypto has “found its footing and now people are beginning to realize that there’s 10 times as much demand for bitcoin coming […] Source: https://news.bitcoin.com/bitcoin-has-become-worlds-most-popular-investment-asset-says-microstrategy-chairman/
Some sizable gaming token unlocks are set to take place between now and the end of February, increasing the circulating supply for tokens tied to games like The Sandbox (SAND) and Parallel (PRIME). These unlocks could impact the market price, so traders keep tabs on such moves. The Sandbox is up first, according to estimates from crypto dashboard TokenUnlocks, with…
Skybridge Capital founder Anthony Scaramucci has explained that it is not too late to buy bitcoin. With bitcoin’s price surging past $50,000, he anticipates that many are wondering if they’ve missed the opportunity to buy the crypto. Scaramucci stressed that his answer is a hard “no.” Anthony Scaramucci: Bitcoin Is Still a Good Buy Skybridge […] Source: https://news.bitcoin.com/skybridge-founder-says-its-not-too-late-to-buy-bitcoin-foresees-face-ripping-rally-incoming/
Chipmaker Nvidia (NVDA) has overtaken online retailer and cloud computing infrastructure provider Amazon (AMZN) in market cap, a symbolic flip that nonetheless epitomizes the bullish hype around artificial intelligence. While the pair switched spots briefly on Monday, this is the first time their respective market caps held until the end of the trading day. Nvidia’s market cap at the close…
When conversing with a chatbot, there are things you probably wished it would remember, and things you wished it would forget. ChatGPT creator OpenAI has you covered, announcing a new feature that gives the popular generative AI tool the ability to “remember” information for future conversations. “We’re testing the ability for ChatGPT to remember things you discuss to make future…
Economist and gold bug Peter Schiff has warned that the current bitcoin price surge looks like “another classic pump-and-dump.” Noting the significant excitement around the new spot bitcoin exchange-traded funds (ETFs), he expressed his skepticism, stating: “I wonder when the massacre will begin.” Peter Schiff on Bitcoin ‘Pump and Dump’ The price of bitcoin soared […] Source: https://news.bitcoin.com/peter-schiff-warns-of-bitcoin-pump-and-dump-expects-to-see-a-massacre/
Biopharmaceutical company Renovaro BioSciences was put under the investor microscope as renowned short-seller Hindenburg Research called out its merger with Netherlands-based AI medical startup GEDi Cube, alleging inflated valuations and revisiting a history of controversy. Like a story out of the mind of H.P. Lovecraft, Hindenburg’s report also features a hitman, a magician, and artificial intelligence in an eyebrow-raising narrative.…
On Tuesday, the crypto platform Umoja unveiled its beta version of hedging-as-a-service, designed to shield users from crypto losses. Umoja’s mission is to enhance the safety and accessibility of crypto investments, opening up hedging opportunities in a market valued at $500 trillion. Umoja Debuts Beta Hedging Platform The crypto platform Umoja has announced the beta […] Source: https://news.bitcoin.com/umoja-launches-beta-hedging-service-to-bolster-crypto-investment-safety/
