After spending over $10 million in a successful effort to defeat a Democratic U.S. Senate candidate in California earlier this week, a cash-rich super PAC funded by the crypto establishment is setting its sights on a handful of other key Senate races that could determine the balance of power in Congress. The PAC, Fairshake, will focus the rest of its…
The latest bitcoin derivatives data indicates a continued climb in bitcoin futures open interest, hitting all-time peaks. Over the last day, statistics reveal an open interest of $32.30 billion across fourteen distinct bitcoin futures markets. Soaring Open Interest in BTC Futures Signals Growing Derivatives Market Friday, March 8, 2024, marked a notable day when BTC […] Source: https://news.bitcoin.com/bitcoin-futures-market-attracts-unprecedented-open-interest-as-derivatives-appetite-grows/
Tether, one of the largest stablecoin companies, announced a collaboration with the government of Uzbekistan to develop cryptocurrency and communication projects. The memorandum of understanding (MoU) signed between the parties encompasses issuing a comprehensive crypto legal framework, developing an independent comms and financial system, and establishing crypto-related educational programs. Tether Signs Memorandum of Understanding With […] Source: https://news.bitcoin.com/tether-to-collaborate-with-uzbekistan-on-developing-crypto-infrastructure-projects/
Ubisoft, the maker of smash gaming franchises like Assassin’s Creed and Just Dance, isn’t slowing down its embrace of blockchain gaming. In fact, the company just joined another gaming chain as a validator, adding it to the long list of projects it supports in the space. XPLA, a blockchain network founded by traditional gaming firm Com2uS, announced late Thursday that…
Bitcoin hit another all-time high today—but its solid gains look merely modest compared to those seen by other digital coins and tokens this week. The biggest digital asset is up nearly 10% over the past seven days, CoinGecko data shows. And as is usually the case, it’s brought the rest of the market with it. These major altcoins are killing…
Authorities in Egypt recently allowed the local currency’s exchange rate versus the U.S. dollar to decrease by more than 60%. Additionally, the central bank raised interest rates by 600 basis points. Both steps were key conditions set by the IMF which Egypt had to meet before the approval of a new financial aid package. IMF […] Source: https://news.bitcoin.com/egypt-devalues-currency-raises-interest-rates-to-fulfill-key-imf-aid-requirement/
America must do more to address the power of artificial intelligence, President Joe Biden declared in a notably strident State of the Union address Thursday evening. In establishing his policy priorities, Biden also advocated for stronger privacy laws and penalties for drug traffickers. “I’ve signed over 400 bipartisan bills, but there’s more to do,” Biden said to a joint session…
Los Angeles, CA (March 8, 2024) -In a transformative partnership and integration set to revolutionize the intersection of gaming, sports, and blockchain technology, Hall of GOATS (HOG), the trailblazing gaming studio & platform led by former USC wide receiver and acclaimed software developer Greig Carlson, Heisman Trophy laureate and College Sports Commentator, Matt Leinart, and Brian Graham, an industry luminary…
Why exactly are meme coins like Dogecoin (DOGE), Shiba Inu (SHIB), and Pepe (PEPE) pumping all of a sudden? Bitwise CIO Matt Hougan says there’s a method to the madness. “The primary driver of alt season is a classic ‘wealth effect,’” wrote Hougan on Twitter Friday. “Crypto natives make money in Bitcoin, feel rich, and then look for more speculative…
Bitcoin and Ethereum aren’t the only major cryptocurrencies making moves: Solana rose above the $150 price point on Friday for the first time since January 2022. The two-year peak for Solana comes as Bitcoin hit another all-time high price Friday morning above $70,000, while Ethereum reached $4,000 for the first time since 2021. Like those coins, Solana dipped after hitting…
